Global Food Traceability Market Research Report: Forecast (2021-2026)

By Equipment (PDA with GPS, Thermal Printers, 2D & 1D Scanners, Tags and Labels), By Technology (Barcodes, Radio Frequency Identification (RFID) devices, Warehouse Management Syst......ems (WMS), Blockchain-Based Applications, Food-Sensing Technologies, Infrared, Internet of Things (IoT)), By Application (Meat, Seafood and Poultry, Vegetables and Fruits, Dairy Products, Beverages, Others), By End-User (Food Manufacturers, Warehouse/Pack Farms, Food Retailers, Government Departments, Others), By Geographic Region (North America, South America, Europe, Middle East & Africa, Asia Pacific), By Countries (US, Canada, Mexico, Brazil, Argentina, Germany, France, Spain, Italy, UK, South Africa, Israel, Saudi Arabia, China, India, Japan, Australia,) By Competitors (Honeywell, CH Robinson Inc, Intelex Technologies, SAP, Bio-Rad Laboratories, IBM, Intertek, Cognex, Harvest Mark, Bcfooderp, Merit Track, Food Decision Software, JustFoodERP, Optel, and Others) Read more

  • Food & Beverages
  • Aug 2021
  • 212
  • PDF, Excel, PPT

Food Traceability refers to the ability to track the movement of food products and their ingredients throughout its supply chain, including production, processing & distribution both backward and forward. It involves linking and documenting these stages of the supply chain. Hence, it enables the implementation of corrective actions immediately and effectively when something goes wrong.

The Global Food Traceability Market is forecast to grow at around 10.9% CAGR during the forecast period, i.e., 2021-26, says MarkNtel Advisors. The market growth primarily attributes to the rising awareness and concerns regarding food safety among consumers. Additionally, increasing incidences of food adulteration & food-borne diseases leading to serious health-related issues shall further spur the market growth.

The research report “Global Food Traceability Market Analysis, 2021” further cites that rising initiatives by regulatory bodies to enhance food safety are also expected to augment the overall market growth.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 10.9%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy
Asia-Pacific: China, India, Japan, Australia
South America: Brazil, and Argentina
Middle East & Africa: Saudi Arabia, South Africa, Israel
Key Companies Profiled Honeywell, CH Robinson Inc, Intelex Technologies, SAP, Bio Rad Laboratories, IBM, Intertek, Cognex, Harvest Mark, Bcfooderp, Merit Track, Food Decision Software, JustFoodERP, Optel, Others
Unit Denominations USD Million/Billion

 

COVID-19 Outbreak Positively Impacted Global Food Traceability Market

The sudden outbreak of the COVID-19 pandemic has positively impacted the growth of the Global Food Traceability Market. It is due to rising consumer concerns regarding the significance of safe and healthy eating habits. Additionally, the imposition of lockdown that resulted in the shutdown of restaurants and movement restrictions surged the demand for packed items, thereby accelerating the growth of the Food Traceability Market across the globe. Moreover, the fast pace recovery of developing economies and the emergence of effective crisis-management strategies will also support the growth of the Global Food Traceability Market in the coming future.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Food Traceability Market
  5. Global Food Traceability Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Hotspots & Opportunities
  6. Global Food Traceability Market Trends & Insights
  7. Global Food Traceability Market Value Chain Analysis
  8. Global Food Traceability Market Government Regulations
  9. Global Food Traceability Market Intellectual Property Rights Analysis
    1. Year on Year Patents Issued and Applied For
    2. Patents Allocation to Top Companies
  10. Global Food Traceability Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Equipment
        1. PDA with GPS
        2. Thermal Printers
        3. 2D & 1D Scanners
        4. Tags and Labels
      2. By Technology
        1. Barcodes
        2. Radio Frequency Identification (RFID) devices
        3. Warehouse Management Systems (WMS)
        4. Blockchain-Based Applications
        5. Food-Sensing Technologies
        6. Infrared
        7. Internet of Things (IoT)
      3. By Application
        1. Meat, Seafood and Poultry
        2. Vegetables and Fruits
        3. Dairy Products
        4. Beverages
        5. Others
      4. By End-User
        1. Food Manufacturers
        2. Warehouse/Pack Farms
        3. Food Retailers
        4. Government Departments
        5. Others
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
  11. North America Food Traceability Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Equipment
      2. By Technology
      3. By Application
      4. By End Users
      5. By Country
        1. The United States Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        2. Canada Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        3. Mexico Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
  12. South America Food Traceability Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Equipment
      2. By Technology
      3. By Application
      4. By End Users
      5. By Country
        1. Brazil Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        2. Argentina Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
  13. Europe Food Traceability Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Equipment
      2. By Technology
      3. By Application
      4. By End Users
      5. By Country
        1. The UK Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        2. Germany Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        3. France Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        4. Spain Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        5. Italy Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
  14. Middle East & Africa Food Traceability Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Equipment
      2. By Technology
      3. By Application
      4. By End Users
      5. By Country
        1. South Africa Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        2. Saudi Arabia Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        3. Israel Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
  15. Asia Pacific Food Traceability Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By Equipment
      2. By Technology
      3. By Application
      4. By End Users
      5. By Country
        1. China Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        2. Japan Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        3. India Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
        4. Australia Food Traceability Market Analysis, 2016-2026F
          1. Market Size & Analysis
            1. By Revenue
          2. Market Share & Analysis
            1. By Application
            2. By End Users
  16. Global Food Traceability Market Key Strategic Imperatives for Success & Growth
  17. Competition Outlook
    1. Competition Matrix
      1. Technology Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target Technology
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Honeywell
      2. CH Robinson Inc
      3. Intelex Technologies
      4. SAP
      5. Bio Rad Laboratories
      6. IBM
      7. Intertek
      8. Cognex 
      9. Harvest Mark
      10. Bcfooderp
      11. Merit Track
      12. Food Decision Software
      13. JustFoodERP
      14. Optel
      15. Others
  18. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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