Food Traceability Companies: Driving Transparency in the Global Food Supply Chain

Emergen Research’s latest market research report focuses on the global Food Traceability market, and the report provides in-depth analysis of each of its major segments. Reports about the global Food Traceability market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios Food Traceability industry projections and qualitative and quantitative assessments have been provided by the report's authors.

The global food traceability market size reached USD 4.54 Billion in 2020 and is expected to register a revenue CAGR of 10.2%, during the forecast period, according to latest analysis by Emergen Research. Some of the majorfactors driving global food traceability market revenue growth include increasing deployment of traceability solutions to digitize, secure, and leverage valuable data, thereby enabling safe and sustainable transparency in the supply chain and for tracking and tracing products flow – from raw materials to consumers – and more innovative, interoperability, and efficiency. In addition, rising need to increase quality control systems and reduce risks are other factors expected to continue to boost revenue growth of the market in the near future. Quality control in food traceability systems can enable evaluation of food quality along supply chain stages and aids in enhancing customer experience and satisfaction.

The SWOT analysis and Porter’s Five Forces Analysis are some of the most important components of this report that provide insight into the highly competitive environment of the industry. A detailed analysis of the global Food Traceability market is presented in the report, including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets.

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It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The report also discusses the key players involved in the market such as

Honeywell International Inc, Cognex Corporation, Keyence Corporation, Bext360 INC, Foodlogiq LLC, TraceOne Inc, Traceall Global Limited, Merit-Trex Technologies Inc, TE-Food Enterprise, Carlisle Incorporated

Global Food Traceability Market Highlights:

• Regional demand estimation and forecast

• Product Mix Matrix

• R&D Analysis

• Cost-Benefit Analysis

• Pre-commodity pricing volatility

• Supply chain optimization analysis

• Technological updates analysis

• Raw Material Sourcing Strategy

• Competitive Analysis

• Mergers & Acquisitions

• Location Quotients Analysis

• Carbon Footprint Analysis

• Patent Analysis

• Vendor Management

Regional Segmentation;

• North America (U.S., Canada)

• Europe (U.K., Italy, Germany, France, Rest of EU)

• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

• Latin America (Chile, Brazil, Argentina, Rest of Latin America)

• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Dynamics:

The report offers insightful information about the market dynamics of the Food Traceability market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Food Traceability market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Food Traceability market.

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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Food Traceability market expected to boost the growth of the industry in the coming years.

Food Traceability Market Segmentation:

• Equipment Outlook (Revenue, USD Billion; 2018–2028)
  

  • Sensors

  • Thermal Printers

  • Tags & Labels

  • PDA with GPS

  • 2D & 1D Scanners

  • Others

• Application Outlook (Revenue, USD Billion; 2018–2028)
  

  • Dairy

  • Fisheries

  • Beverages

  • Fresh Produce & Seeds

  • Meat & Livestock

  • Others

more

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

Research Report on the Food Traceability Market Addresses the Following Key Questions:

• Who are the dominant players of the Food Traceability market?

• Which regional market is anticipated to have a high growth rate over the projected period?

• What consumer trends and demands are expected to influence the operations of the market players in the Food Traceability market?

• What are the key growth drivers and restraining factors of the Food Traceability market?

• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

• What is the overall impact of the COVID-19 pandemic on the Food Traceability market and its key segments?

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