KEY FINDINGS
The Asia-Pacific track & trace in food & beverage market is set to progress with a CAGR of 21.96% over the estimated years of 2022 to 2030. The market growth of the region is reinforced by the increasing demand for food safety and food product details, as well as the rising adoption of food traceability solutions among food manufacturers and retailers.
MARKET INSIGHTS
The Asia-Pacific track & trace in food & beverage market growth evaluation comprises the assessment of Australia & New Zealand, Thailand, Vietnam, Indonesia, South Korea, Japan, India, China, and Rest of Asia-Pacific. The market growth in India is anticipated to be fuelled by the introduction of government regulations, improved connectivity across the food supply chain, and technological expansion within the food industry. Public food product recalls owing to food safety concerns are relatively rare in India, owing to the progression of branded food products and the increasing capability of the Food Safety and Standards Authority of India (FSSAI).
As a result, the development of new traceability systems is becoming a widely-adopted solution for tackling issues associated with food and product recalls. Furthermore, with the advancement of improved food traceability systems in India, enterprises are developing technologies and software for tracking and tracing systems within the country's food industry. Hence, the aforementioned factors are evaluated to proliferate the Asia-Pacific track & trace in food & beverage market during the forecasting period.
COMPETITIVE INSIGHTS
Top players operating in the market entail Siemens AG, HCL Technologies, TraceX Technologies, etc.
Asia-Pacific Track & Trace In Food & Beverage Market Forecast 2022-2030
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Parent Market Analysis: Track & Trace Market
3.2. Development Of Track & Trace Market
3.3. Key Drivers
3.3.1. Consumer Concerns About Food Safety
3.3.2. Rise In Food Product Recalls And Contamination Cases
3.3.3. Initiatives By Regulatory Bodies To Improve Food Safety Across Countries
3.4. Key Restraints
3.4.1. Dearth Of Basic Infrastructure In Developing Countries
3.4.2. Difficulty In Data Collection And Need For More Accurate Information
3.4.3. Cost Requirements For Traceability Systems
4. Key Analytics
4.1. Impact Of Covid-19 On Track & Trace In Food & Beverage Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Regulatory Framework
5. Market By Product
5.1. Hardware Systems
5.1.1. Printing And Marking Solutions
5.1.2. Monitoring And Verification Solutions
5.1.3. Labeling Solutions
5.1.4. Other Hardware Systems
5.2. Software Solutions
5.2.1. Plant Manager Software
5.2.2. Line Controller Software
5.2.3. Bundle Tracking Software
5.2.4. Other Software Solutions
6. Market By Technology
6.1. Barcode
6.2. Rfid (Radio Frequency Identification)
7. Market By Application
7.1. Serialization Solutions
7.1.1. Bottle Serialization
7.1.2. Label Serialization
7.1.3. Carton Serialization
7.1.4. Data Matrix Serialization
7.2. Aggregation Solutions
7.2.1. Bundle Aggregation
7.2.2. Case Aggregation
7.2.3. Pallet Aggregation
8. Market By End-User
8.1. Dairy Products
8.2. Meat, Poultry & Seafood
8.3. Beverages
8.4. Other End-Users
9. Geographical Analysis
9.1. Asia-Pacific
9.1.1. Market Size & Estimates
9.1.2. Key Growth Enablers
9.1.3. Key Challenges
9.1.4. Key Players
9.1.5. Country Analysis
9.1.5.1. China
9.1.5.2. Japan
9.1.5.3. India
9.1.5.4. South Korea
9.1.5.5. Indonesia
9.1.5.6. Thailand
9.1.5.7. Vietnam
9.1.5.8. Australia & New Zealand
9.1.5.9. Rest Of Asia-Pacific
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Mergers & Acquisitions
10.1.2. Product Launches & Developments
10.1.3. Partnerships & Agreements
10.1.4. Business Expansions & Divestitures
10.2. Company Profiles
10.2.1. Adents (Antares Vision)
10.2.2. Antares Vision Spa
10.2.3. Ch Robinson
10.2.4. Harvestmark
10.2.5. Hcl Technologies
10.2.6. Inexto
10.2.7. Korber Ag
10.2.8. Marel A
10.2.9. Optel Group
10.2.10. Rfxcel Corporation (Antares Vision)
10.2.11. Siemens Ag
10.2.12. Trace Food
10.2.13. Tracex Technologies
10.2.14. Visiott
10.2.15. Zebra Technologies Corporation
List Of Tables
Table 1: Market Snapshot - Track & Trace In Food & Beverage
Table 2: Regulatory Framework
Table 3: Asia-Pacific Track & Trace In Food & Beverage Market, By Product, Historical Years, 2018-2021 (In $ Million)
Table 4: Asia-Pacific Track & Trace In Food & Beverage Market, By Product, Forecast Years, 2022-2030 (In $ Million)
Table 5: Asia-Pacific Track & Trace In Food & Beverage Market, By Hardware Systems, Historical Years, 2018-2021 (In $ Million)
Table 6: Asia-Pacific Track & Trace In Food & Beverage Market, By Hardware Systems, Forecast Years, 2022-2030 (In $ Million)
Table 7: Asia-Pacific Track & Trace In Food & Beverage Market, By Software Solutions, Historical Years, 2018-2021 (In $ Million)
Table 8: Asia-Pacific Track & Trace In Food & Beverage Market, By Software Solutions, Forecast Years, 2022-2030 (In $ Million)
Table 9: Asia-Pacific Track & Trace In Food & Beverage Market, By Technology, Historical Years, 2018-2021 (In $ Million)
Table 10: Asia-Pacific Track & Trace In Food & Beverage Market, By Technology, Forecast Years, 2022-2030 (In $ Million)
Table 11: Asia-Pacific Track & Trace In Food & Beverage Market, By Application, Historical Years, 2018-2021 (In $ Million)
Table 12: Asia-Pacific Track & Trace In Food & Beverage Market, By Application, Forecast Years, 2022-2030 (In $ Million)
Table 13: Asia-Pacific Track & Trace In Food & Beverage Market, By Serialization Solutions, Historical Years, 2018-2021 (In $ Million)
Table 14: Asia-Pacific Track & Trace In Food & Beverage Market, By Serialization Solutions, Forecast Years, 2022-2030 (In $ Million)
Table 15: Asia-Pacific Track & Trace In Food & Beverage Market, By Aggregation Solutions, Historical Years, 2018-2021 (In $ Million)
Table 16: Asia-Pacific Track & Trace In Food & Beverage Market, By Aggregation Solutions, Forecast Years, 2022-2030 (In $ Million)
Table 17: Asia-Pacific Track & Trace In Food & Beverage Market, By End-User, Historical Years, 2018-2021 (In $ Million)
Table 18: Asia-Pacific Track & Trace In Food & Beverage Market, By End-User, Forecast Years, 2022-2030 (In $ Million)
Table 19: Asia-Pacific Track & Trace In Food & Beverage Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 20: Asia-Pacific Track & Trace In Food & Beverage Market, By Country, Forecast Years, 2022-2030 (In $ Million)
Table 21: Leading Players Operating In Asia-Pacific Track & Trace In Food & Beverage Market
Table 22: List Of Mergers & Acquisitions
Table 23: List Of Product Launches & Developments
Table 24: List Of Partnerships & Agreements
Table 25: List Of Business Expansions & Divestitures
List Of Figures
Figure 1: Key Market Trends
Figure 2: Porter's Five Forces Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Asia-Pacific Track & Trace In Food & Beverage Market, Growth Potential, By Product, In 2021
Figure 6: Asia-Pacific Track & Trace In Food & Beverage Market, By Hardware Systems, 2022-2030 (In $ Million)
Figure 7: Asia-Pacific Track & Trace In Food & Beverage Market, Growth Potential, By Hardware Systems, In 2021
Figure 8: Asia-Pacific Track & Trace In Food & Beverage Market, By Printing And Marking Solutions, 2022-2030 (In $ Million)
Figure 9: Asia-Pacific Track & Trace In Food & Beverage Market, By Monitoring And Verification Solutions, 2022-2030 (In $ Million)
Figure 10: Asia-Pacific Track & Trace In Food & Beverage Market, By Labeling Solutions, 2022-2030 (In $ Million)
Figure 11: Asia-Pacific Track & Trace In Food & Beverage Market, By Other Hardware Systems, 2022-2030 (In $ Million)
Figure 12: Asia-Pacific Track & Trace In Food & Beverage Market, By Software Solutions, 2022-2030 (In $ Million)
Figure 13: Asia-Pacific Track & Trace In Food & Beverage Market, Growth Potential, By Software Solutions, In 2021
Figure 14: Asia-Pacific Track & Trace In Food & Beverage Market, By Plant Manager Software, 2022-2030 (In $ Million)
Figure 15: Asia-Pacific Track & Trace In Food & Beverage Market, By Line Controller Software, 2022-2030 (In $ Million)
Figure 16: Asia-Pacific Track & Trace In Food & Beverage Market, By Bundle Tracking Software, 2022-2030 (In $ Million)
Figure 17: Asia-Pacific Track & Trace In Food & Beverage Market, By Other Software Solutions, 2022-2030 (In $ Million)
Figure 18: Asia-Pacific Track & Trace In Food & Beverage Market, Growth Potential, By Technology, In 2021
Figure 19: Asia-Pacific Track & Trace In Food & Beverage Market, By Barcode, 2022-2030 (In $ Million)
Figure 20: Asia-Pacific Track & Trace In Food & Beverage Market, By Rfid, 2022-2030 (In $ Million)
Figure 21: Asia-Pacific Track & Trace In Food & Beverage Market, Growth Potential, By Application, In 2021
Figure 22: Asia-Pacific Track & Trace In Food & Beverage Market, By Serialization Solutions, 2022-2030 (In $ Million)
Figure 23: Asia-Pacific Track & Trace In Food & Beverage Market, Growth Potential, By Serialization Solutions, In 2021
Figure 24: Asia-Pacific Track & Trace In Food & Beverage Market, By Bottle Serialization, 2022-2030 (In $ Million)
Figure 25: Asia-Pacific Track & Trace In Food & Beverage Market, By Label Serialization, 2022-2030 (In $ Million)
Figure 26: Asia-Pacific Track & Trace In Food & Beverage Market, By Carton Serialization, 2022-2030 (In $ Million)
Figure 27: Asia-Pacific Track & Trace In Food & Beverage Market, By Data Matrix Serialization, 2022-2030 (In $ Million)
Figure 28: Asia-Pacific Track & Trace In Food & Beverage Market, By Aggregation Solutions, 2022-2030 (In $ Million)
Figure 29: Asia-Pacific Track & Trace In Food & Beverage Market, Growth Potential, By Aggregation Solutions, In 2021
Figure 30: Asia-Pacific Track & Trace In Food & Beverage Market, By Bundle Aggregation, 2022-2030 (In $ Million)
Figure 31: Asia-Pacific Track & Trace In Food & Beverage Market, By Case Aggregation, 2022-2030 (In $ Million)
Figure 32: Asia-Pacific Track & Trace In Food & Beverage Market, By Pallet Aggregation, 2022-2030 (In $ Million)
Figure 33: Asia-Pacific Track & Trace In Food & Beverage Market, Growth Potential, By End-User, In 2021
Figure 34: Asia-Pacific Track & Trace In Food & Beverage Market, By Dairy Products, 2022-2030 (In $ Million)
Figure 35: Asia-Pacific Track & Trace In Food & Beverage Market, By Meat, Poultry & Seafood, 2022-2030 (In $ Million)
Figure 36: Asia-Pacific Track & Trace In Food & Beverage Market, By Beverages, 2022-2030 (In $ Million)
Figure 37: Asia-Pacific Track & Trace In Food & Beverage Market, By Other End-Users, 2022-2030 (In $ Million)
Figure 38: Asia-Pacific Track & Trace In Food & Beverage Market, Country Outlook, 2021 & 2030 (In %)
Figure 39: China Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
Figure 40: Japan Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
Figure 41: India Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
Figure 42: South Korea Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
Figure 43: Indonesia Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
Figure 44: Thailand Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
Figure 45: Vietnam Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
Figure 46: Australia & New Zealand Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
Figure 47: Rest Of Asia-Pacific Track & Trace In Food & Beverage Market, 2022-2030 (In $ Million)
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