KEY FINDINGS
Food traceability involves the ability to track food in the supply chain stage and provide information about product quality. According to Inkwood Research, the global food traceability market is anticipated to flourish with a CAGR of 6.19% from 2019 to 2027. The market is expected to generate a revenue of $18561.91 million by 2027. The rising necessity to detect food contamination and assist the minimization of food recalls is one of the primary factors driving the growth of food traceability market on a global scale.
MARKET INSIGHTS
The food traceability market is classified into several segments, namely end-users, equipment, application, and technology. The food traceability systems have wide applications in various types of foods such as fisheries, fresh produce & seeds, dairy, beverages, meat & livestock, and others. Applications in fisheries are expected to showcase a significant growth owing to the changing guidelines in several countries that make traceability of fisheries and seafood mandatory. Further, the globalization of the fish industry upsurge the demand for traceability, thereby boosting the food traceability market growth.
REGIONAL INSIGHTS
Geographically, the global food traceability market is divided into regions such as Europe, North America, Asia Pacific, along with the Rest of the World region, which includes other countries. The North America region is expected to dominate the food traceability market owing to the presence of end-users like food manufacturers and food retailers in the region. The region being technologically advanced, implements food traceability on a large scale, thereby elevating the market growth.
COMPETITIVE INSIGHTS
The prominent players in the food traceability market are Infor, Cognex Corporation, Motorola Solutions Inc., C.H. Robinson Worldwide Inc., Honeywell International Inc., Mass Group Inc., Zebra Technologies Corporation, Bio-Rad Laboratories Inc., Merit-Trax Technologies Inc., Picarro Inc., Thermo Fisher Scientific, SGS SA, International Business Machines Corporation, Carlisle Technology Inc, and E. I. du Pont de Nemours and Company.
Global Food Traceability Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Food Manufacturers Will Lead In Terms Of Revenue
3.2.2. Meat And Livestock Segment To Be Dominant In The Application
3.2.3. Barcodes Continue To Be The Major Identifier Technology
4. Market Dynamics
4.1. Market Scope & Definition
4.2. Market Drivers
4.2.1. Detecting Contamination And Assisting In Product Recalls
4.2.2. Laws By Governments
4.2.3. Standardizations And Certifications Of Data
4.2.4. Competitive Edge Among The Companies And Brand Loyalty By Consumers
4.3. Market Restraints
4.3.1. Associated Cost
4.3.2. Lack Of Stringent Laws In Developing Nations
4.3.3. Varying Needs For Different Products
4.4. Market Opportunities
4.4.1. High Demand For Tracking Technologies In Emerging Economies
4.4.2. Efficiency In The Supply Chain Operations
4.4.3. Risk Mitigation Benefits
4.5. Market Challenges
4.5.1. Lack Of Tracking Records
4.5.2. Overlapping And Conflicting Demands
4.5.3. Weak Technical Systems
5. Market By Technology
5.1. Rfid/Rtls
5.2. Gps
5.3. Barcode
5.4. Infrared
5.5. Biometrics
6. Market By Equipment
6.1. Pda With Gps
6.2. Thermal Printers
6.3. 2d And 1d Scanners
6.4. Tags And Labels
6.5. Sensors
6.6. Other Equipment
7. Market By Application
7.1. Meat And Livestock
7.2. Fresh Produce And Seeds
7.3. Dairy
7.4. Beverages
7.5. Fisheries
7.6. Other Application
8. Market By End Users
8.1. Food Manufacturers
8.2. Warehouse/Pack Farms
8.3. Food Retailers
8.4. Defense And Security Departments
8.5. Other Government Departments
8.6. Other End User
9. Key Analytics
9.1. Porter's Five Force Model
9.1.1. Threat Of New Entrants
9.1.2. Threat Of Substitute
9.1.3. Bargaining Power Of Suppliers
9.1.4. Bargaining Power Of Buyers
9.1.5. Threat Of Competitive Rivalry
9.2. Food Traceability Software Market Trends
9.2.1. Poultry Farm And Farm Management Software
9.2.2. Quality Management Solutions
9.2.3. Warehouse Management Software (Wms)
9.2.4. Enterprise Resource Planning (Erp)
9.2.5. Laboratory Information System (Lis)
9.2.6. Cloud Computing
9.3. Key Buying Criteria
9.3.1. Cost
9.3.2. Government Regulations
9.3.3. Application
9.4. Opportunity Matrix
9.5. Vendor Landscape
10. Geographical Analysis
10.1. North America
10.1.1. United States
10.1.2. Canada
10.2. Europe
10.2.1. United Kingdom
10.2.2. Germany
10.2.3. France
10.2.4. Spain
10.2.5. Italy
10.2.6. Rest Of Europe
10.3. Asia Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. South Korea
10.3.5. Australia
10.3.6. Rest Of Asia Pacific
10.4. Rest Of World
10.4.1. Latin America
10.4.2. Middle East & Africa
11. Company Profiles
11.1. Bio-Rad Laboratories, Inc.
11.2. C.H. Robinson Worldwide, Inc.
11.3. Cognex Corporation
11.4. E. I. Du Pont De Nemours And Company
11.5. Honeywell International Inc.
11.6. International Business Machines Corporation
11.7. Mass Group Inc.
11.8. Motorola Solutions, Inc.
11.9. Sgs Sa
11.10. Zebra Technologies Corporation
11.11. Carlisle Technology Inc.
11.12. Infor
11.13. Merit-Trax Technologies Inc.
11.14. Picarro Inc.
11.15. Thermo Fisher Scientific
List of Tables
Table 1: Global Food Traceability Market, By Geography, 2019-2027 (In $ Million)
Table 2: Global Food Traceability Market, By Technology, 2019-2027 (In $ Million)
Table 3: Global Rfid/Rtls Market, By Region, 2019-2027 (In $ Million)
Table 4: Global Gps Market, By Region, 2019-2027 (In $ Million)
Table 5: Global Barcode Market, By Region, 2019-2027 (In $ Million)
Table 6: Global Infrared Market, By Region, 2019-2027 (In $ Million)
Table 7: Global Biometrics Market, By Region, 2019-2027 (In $ Million)
Table 8: Global Food Traceability Market, By Equipment, 2019-2027 (In $ Million)
Table 9: Global Pda With Gps Market, By Region, 2019-2027 (In $ Million)
Table 10: Global Thermal Printers Market, By Region, 2019-2027 (In $ Million)
Table 11: Global 2d And 1d Scanners Market, By Region, 2019-2027 (In $ Million)
Table 12: Global Tags And Labels Market, By Region, 2019-2027 (In $ Million)
Table 13: Global Sensors Market, By Region, 2019-2027 (In $ Million)
Table 14: Global Other Equipment Market, By Region, 2019-2027 (In $ Million)
Table 15: Global Food Traceability Market, By Application, 2019-2027 (In $ Million)
Table 16: Global Meat And Livestock Market, By Region, 2019-2027 (In $ Million)
Table 17: Global Fresh Produce And Seeds Market, By Region, 2019-2027 (In $ Million)
Table 18: Global Dairy Market, By Region, 2019-2027 (In $ Million)
Table 19: Global Beverages Market, By Region, 2019-2027 (In $ Million)
Table 20: Global Fisheries Market, By Region, 2019-2027 (In $ Million)
Table 21: Global Other Application Market, By Region, 2019-2027 (In $ Million)
Table 22: Global Food Traceability Market, By End User, 2019-2027 (In $ Million)
Table 23: Global Food Manufacturers Market, By Region, 2019-2027 (In $ Million)
Table 24: Global Warehouse/Pack Farms Market, By Region, 2019-2027 (In $ Million)
Table 25: Global Food Retailers Market, By Region, 2019-2027 (In $ Million)
Table 26: Global Defense And Security Departments Market, By Region, 2019-2027 (In $ Million)
Table 27: Global Other Government Departments Market, By Region, 2019-2027 (In $ Million)
Table 28: Global Other End User Market, By Region, 2019-2027 (In $ Million)
Table 29: Opportunity Matrix
Table 30: Vendor Landscape
Table 31: Global Food Traceability Market, By Geography, 2019-2027 (In $ Million)
Table 32: North America Food Traceability Market, By Country, 2019-2027 (In $ Million)
Table 33: Europe Food Traceability Market, By Country, 2019-2027 (In $ Million)
Table 34: Asia Pacific Food Traceability Market, By Country, 2019-2027 (In $ Million)
Table 35: Rest Of World Food Traceability Market, By Region, 2019-2027 (In $ Million)
List of Figures
Figure 1: Global Food Traceability Market, By End User, 2018 & 2027 (In %)
Figure 2: Key Advantages Of Implementing A Traceability System
Figure 3: Global Food Traceability Market, By Food Manufacturers, 2019-2027 (In $ Million)
Figure 4: Global Food Traceability Market, By Meat And Livestock, 2019-2027 (In $ Million)
Figure 5: Global Food Traceability Market, By Barcode, 2019-2027 (In $ Million)
Figure 6: Global Food Traceability Market, By Rfid/Rtls, 2019-2027 (In $ Million)
Figure 7: Global Food Traceability Market, By Gps, 2019-2027 (In $ Million)
Figure 8: Global Food Traceability Market, By Barcode, 2019-2027 (In $ Million)
Figure 9: Global Food Traceability Market, By Infrared, 2019-2027 (In $ Million)
Figure 10: Global Food Traceability Market, By Biometrics, 2019-2027 (In $ Million)
Figure 11: Global Food Traceability Market, By Pda With Gps, 2019-2027 (In $ Million)
Figure 12: Global Food Traceability Market, By Thermal Printers, 2019-2027 (In $ Million)
Figure 13: Global Food Traceability Market, By 2d And 1d Scanners, 2019-2027 (In $ Million)
Figure 14: Global Food Traceability Market, By Tags And Labels, 2019-2027 (In $ Million)
Figure 15: Global Food Traceability Market, By Sensors, 2019-2027 (In $ Million)
Figure 16: Global Food Traceability Market, By Other Equipment, 2019-2027 (In $ Million)
Figure 17: Global Food Traceability Market, By Meat And Livestock, 2019-2027 (In $ Million)
Figure 18: Key Applications Of Livestock Traceability
Figure 19: Global Food Traceability Market, By Fresh Produce And Seeds, 2019-2027 (In $ Million)
Figure 20: Global Food Traceability Market, By Dairy, 2019-2027 (In $ Million)
Figure 21: Global Food Traceability Market, By Beverages, 2019-2027 (In $ Million)
Figure 22: Global Food Traceability Market, By Fisheries, 2019-2027 (In $ Million)
Figure 23: Global Food Traceability Market, By Other Application, 2019-2027 (In $ Million)
Figure 24: Global Food Traceability Market, By Food Manufacturers, 2019-2027 (In $ Million)
Figure 25: Global Food Traceability Market, By Warehouse/Pack Farms, 2019-2027 (In $ Million)
Figure 26: Global Food Traceability Market, By Food Retailers, 2019-2027 (In $ Million)
Figure 27: Global Food Traceability Market, By Defense And Security Departments, 2019-2027 (In $ Million)
Figure 28: Global Food Traceability Market, By Other Government Departments, 2019-2027 (In $ Million)
Figure 29: Global Food Traceability Market, By Other End User, 2019-2027 (In $ Million)
Figure 30: Porter's Five Force Analysis
Figure 31: Key Buying Impact Analysis
Figure 32: Global Food Traceability Market, Regional Outlook, 2018 & 2027 (In %)
Figure 33: United States Food Traceability Market, 2019-2027 (In $ Million)
Figure 34: Canada Food Traceability Market, 2019-2027 (In $ Million)
Figure 35: United Kingdom Food Traceability Market, 2019-2027 (In $ Million)
Figure 36: Germany Food Traceability Market, 2019-2027 (In $ Million)
Figure 37: France Food Traceability Market, 2019-2027 (In $ Million)
Figure 38: Spain Food Traceability Market, 2019-2027 (In $ Million)
Figure 39: Italy Food Traceability Market, 2019-2027 (In $ Million)
Figure 40: Rest Of Europe Food Traceability Market, 2019-2027 (In $ Million)
Figure 41: China Food Traceability Market, 2019-2027 (In $ Million)
Figure 42: Japan Food Traceability Market, 2019-2027 (In $ Million)
Figure 43: India Food Traceability Market, 2019-2027 (In $ Million)
Figure 44: South Korea Food Traceability Market, 2019-2027 (In $ Million)
Figure 45: Australia Food Traceability Market, 2019-2027 (In $ Million)
Figure 46: Australian Traceability Programs And Association
Figure 47: Rest Of Asia Pacific Food Traceability Market, 2019-2027 (In $ Million)
Figure 48: Latin America Food Traceability Market, 2019-2027 (In $ Million)
Figure 49: Middle East & Africa Food Traceability Market, 2019-2027 (In $ Million)
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