Food Traceability (Tracking Technologies) Market by Equipment (PDA with GPS, Thermal Printers, 2D & 1D Scanners, Tags & Labels, Sensors), Technology (RFID/RTLS, GPS, Barcode, Infrared, and Biometrics), End-User (Food Manufacturers, Warehouse/Pack Farms, Food Retailers, Defense & Security Departments, Other Government Departments, and Others) and Application (Meat & Livestock, Fresh Produce & Seeds, Dairy, Beverages, Fisheries, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
- Published Date: 2020-10-18
- Report ID: 3435
- Pages: 251
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Format:
Global food traceability market was valued at $10,963.0 million in 2017, and is expected to reach $22,274.1 million by 2025, registering a CAGR of 9.3% from 2018 to 2025. Food traceability is a risk-management tool used to check potential harms that may be associated with food, feed, food-producing animals, or substance. This is meant to ensure food safety through all stages of food production, processing, and distribution. Food traceability involves food business authorities to recall or drop out products considered unsafe, and allows provision of accurate information to the public. Food traceability prevents transmission of disease from animals to humans and controls the presence of certain chemicals above fixed limits, which when used in excess can affect the quality of products related to feed & food.
The food traceability (tracking technologies) market is growing at a healthy rate owing to increase in awareness about food safety among governments and consumers. Consumers are willing to pay a high price for premium products that support social responsibility traits requiring food tracking and traceability. Moreover, growth in globalization enhances the complexity of supply chain process (from harvest to final sale), leading to high chances of food contamination. This is expected to increase the demand for food traceability and tracking technologies, as it ensures quality and safety of the food supplied, enhances chances of rapid and precise product recalls, and accurately tracks causes of contamination. Furthermore, adoption of traceability systems is expected to enhance supply chain efficiency by providing detailed historical data about timings, condition, handling, and flow of goods. Asia-Pacific is projected to dominate the global market, with China leading the market, owing to its population strength and rise in health concerns.
The global food traceability (tracking technologies) market is analyzed based on equipment, technology, end user, application, and region. Based on equipment, it is divided into PDA with GPS (Personal Digital Assistant with Global Positioning System), thermal printers, 2D & 1D scanners, tags & labels, sensors, and others. Technologies involved in this market are broadly categorized into radio frequency identification/real-time location system (RFID/RTLS), GPS, barcode, infrared, and biometrics. Applications included in this study are meat & livestock, fresh produce & seeds, dairy, beverages, fisheries, and others. The different end users of this market are food manufacturers, warehouse/pack farms, food retailers, defense & security departments, other government departments, and others.
The market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA. In 2016, Asia-Pacific accounted for the largest share in the global market, followed by North America. The former region is projected to maintain its dominance throughout the forecast period.
Recent updates related to this market include introduction of traceability technology by Fonterra in April 2017, for letting its customers to check the authenticity of infant formula products on store shelfs in New Zealand. In addition, launch of online traceability platform by the Crunchies Natural Food Company, of Westlake Village, Callif. In April 2017, has allowed its consumers to trace the source of the fruits or vegetables purchased.
Comprehensive competitive analyses of leading market players, including Bio-Rad Laboratories, Inc., CH Robinson Worldwide Inc., Cognex Corporation, E. I. Du Pont de Nemours and Company (DuPont), Honeywell International Inc., International Business Machines Corporation, Motorola Solutions, Inc., SGS SA, Zebra Technologies Corporation and MASS Group Inc., are provided in this report.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging market trends and opportunities in the food traceability market.
The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing market opportunities.
A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
KEY MARKET SEGMENTS
By Equipment
PDA with GPS
Thermal Printers
2D & 1D Scanners
Tags & Labels
Sensors
Others
By Technology
RFID/RTLS
GPS
Barcode
Infrared
Biometrics
By Application
Meat & Livestock
Fresh Produce & Seeds
Dairy
Beverages
Fisheries
Others
By End User
Food Manufacturers
Warehouse/Pack Farms
Food Retailers
Defense & Security Departments
Other Government Departments
Others
By Region
North America
o U.S.
o Canada
o Mexico
Europe
o UK
o Germany
o Italy
o France
o Spain
o Rest of Europe
Asia-Pacific
o India
o China
o Japan
o Australia
o South Korea
o Rest of Asia-Pacific
LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Turkey
o Rest of LAMEA
Chapter: 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
Chapter: 2: EXECUTIVE SUMMARY
2.1. Snapshot
2.2. CXO Perspective
Chapter: 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top investment pockets by end user
3.2.2. Top investment pockets by application
3.3. Top winning strategies
3.4. Porter's Five Force Analysis
3.5. Market Player Positioning, 2017
3.6. Market Dynamics
3.6.1. Drivers
3.6.1.1. Traces contamination and assists product recalls
3.6.1.2. Legislative frameworks
3.6.1.3. Certifications and standardizations
3.6.1.4. Competitive edge and brand loyalty
3.6.1.5. Information flow upstream & downstream of supply chain
3.6.2. Restraints
3.6.2.1. Associated cost
3.6.2.2. Lack of stringent laws in developing nations
3.6.2.3. Varying needs for different products
3.6.2.4. Privacy issues for data sharing
3.6.2.5. Coequal participation of stakeholders
3.6.3. Opportunity
3.6.3.1. High demand for tracking technologies in emerging economies
3.6.4. Food Traceability Software Market Trends
3.6.4.1. Poultry farm and farm management software
3.6.4.2. Quality management solutions
3.6.4.3. Warehouse management software (WMS)
3.6.4.4. Enterprise resource planning (ERP)
3.6.4.5. Laboratory information system (LIS)
3.6.4.6. Cloud computing
Chapter: 4: FOOD TRACEABILITY MARKET, BY EQUIPMENT
4.1. Overview
4.1.1. Market size and forecast
4.2. PDA with GPS
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.3. Thermal Printers
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.4. 2D & 1D Scanners
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.5. Tags & Labels
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.6. Sensors
4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.7. Others
4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast, by region
Chapter: 5: FOOD TRACEABILITY MARKET, BY TECHNOLOGY
5.1. Overview
5.1.1. Market size and forecast
5.2. RFID/RTLS
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.3. GPS
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.4. Barcodes
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.5. Infrared
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.6. Biometrics
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
Chapter: 6: FOOD TRACEABILITY MARKET, BY END USER
6.1. Overview
6.1.1. Market size and forecast
6.2. Food Manufacturers
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.3. Warehouse/Pack Farms
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.4. Food Retailers
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.5. Defense & Security Departments
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by region
6.6. Other Government Departments
6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by region
6.7. Others
6.7.1. Key market trends, growth factors, and opportunities
6.7.2. Market size and forecast, by region
Chapter: 7: FOOD TRACEABILITY MARKET, BY APPLICATION
7.1. Overview
7.1.1. Market size and forecast
7.2. Meat & Livestock
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by region
7.3. Fresh Produce & Seeds
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by region
7.4. Dairy Products
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by region
7.5. Beverages
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by region
7.6. Fisheries
7.6.1. Key market trends, growth factors, and opportunities
7.6.2. Market size and forecast, by region
7.7. Others
7.7.1. Key market trends, growth factors, and opportunities
7.7.2. Market size and forecast, by region
Chapter: 8: FOOD TRACEABILITY MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast
8.2. North America
8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast, by equipment
8.2.3. Market size and forecast, by technology
8.2.4. Market size and forecast, by end user
8.2.5. Market size and forecast, by application
8.2.6. Market size and forecast, by country
8.2.7. U.S.
8.2.7.1. Market size and forecast, by end user
8.2.8. Canada
8.2.8.1. Market size and forecast, by end user
8.2.9. Mexico
8.2.9.1. Market size and forecast, by end user
8.3. Europe
8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast, by equipment
8.3.3. Market size and forecast, by technology
8.3.4. Market size and forecast, by end user
8.3.5. Market size and forecast, by application
8.3.6. Market size and forecast, by country
8.3.7. UK
8.3.7.1. Market size and forecast, by end user
8.3.8. Germany
8.3.8.1. Market size and forecast, by end user
8.3.9. Italy
8.3.9.1. Market size and forecast, by end user
8.3.10. France
8.3.10.1. Market size and forecast, by end user
8.3.11. Spain
8.3.11.1. Market size and forecast, by end user
8.3.12. Rest of Europe
8.3.12.1. Market size and forecast, by end user
8.4. Asia-Pacific
8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast, by equipment
8.4.3. Market size and forecast, by technology
8.4.4. Market size and forecast, by end user
8.4.5. Market size and forecast, by application
8.4.6. Market size and forecast, by country
8.4.7. India
8.4.7.1. Market size and forecast, by end user
8.4.8. China
8.4.8.1. Market size and forecast, by end user
8.4.9. Japan
8.4.9.1. Market size and forecast, by end user
8.4.10. Australia
8.4.10.1. Market size and forecast, by end user
8.4.11. South Korea
8.4.11.1. Market size and forecast, by end user
8.4.12. Rest of Asia-Pacific
8.4.12.1. Market size and forecast, by end user
8.5. LAMEA
8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast, by equipment
8.5.3. Market size and forecast, by technology
8.5.4. Market size and forecast, by end user
8.5.5. Market size and forecast, by application
8.5.6. Market size and forecast, by country
8.5.7. Brazil
8.5.7.1. Market size and forecast, by end user
8.5.8. Saudi Arabia
8.5.8.1. Market size and forecast, by end user
8.5.9. South Africa
8.5.9.1. Market size and forecast, by end user
8.5.10. Turkey
8.5.10.1. Market size and forecast, by end user
8.5.11. Rest of LAMEA
8.5.11.1. Market size and forecast, by end user
Chapter: 9: COMPANY PROFILES
9.1. Bio-Rad Laboratories, Inc.
9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Product portfolio
9.1.5. Business performance
9.1.6. SWOT analysis
9.2. CH Robinson Worldwide Inc. (CH Robinson)
9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Product portfolio
9.2.5. Business performance
9.2.6. Key strategic moves and developments
9.2.7. SWOT Analysis
9.3. Cognex Corporation (Cognex)
9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product portfolio
9.3.5. Business performance
9.3.6. Key strategic moves and developments
9.3.7. SWOT analysis
9.4. E. I. Du Pont de Nemours and Company (DuPont)
9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Product portfolio
9.4.5. Business performance
9.4.6. SWOT analysis
9.5. Honeywell International Inc.
9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Operating business segments
9.5.4. Product portfolio
9.5.5. Business performance
9.5.6. SWOT analysis
9.6. International Business Machines Corporation (IBM)
9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Operating business segments
9.6.4. Product portfolio
9.6.5. Business performance
9.6.6. Key strategic moves and developments
9.6.7. SWOT analysis
9.7. MASS Group Inc. (MASS Group)
9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Product portfolio
9.8. Motorola Solutions, Inc. (Motorola Solutions)
9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. Business performance
9.8.6. SWOT analysis
9.9. SGS SA (SGS)
9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Product portfolio
9.9.5. Business performance
9.9.6. SWOT analysis
9.10. Zebra Technologies Corporation (Zebra Technologies)
9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Product portfolio
9.10.5. Business performance
9.10.6. Key strategic moves and developments
9.10.7. SWOT Analysis
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