{"product_id":"food-traceability-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Food Traceability Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eFood Traceability Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nThe global food traceability market size reached US$ 18.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.7 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eFood traceability helps track the movement of a food product and its ingredients through all steps in the supply chain, forward and backward. It involves documenting and linking the production, processing, and distribution of different food products and ingredients. It helps governing authorities in product tracing during the outbreak of a foodborne illness to find the source of the product rapidly and where the contamination may have occurred. This enables faster removal of the affected product from the marketplace, thereby reducing incidences of foodborne illnesses.\u003c\/p\u003e\n\n\u003cp\u003eFood Traceability Market Trends:\u003c\/p\u003e\n\n\u003cp\u003eWith the growing global supply chain, food safety is becoming a significant concern for consumers and regulators. This, coupled with the increasing number of deaths on account of food contamination, represents one of the key factors bolstering the growth of the market. Moreover, food traceability is a part of an overall cost-effective quality management system that can also aid in the continuous minimization of the impact of safety hazards. It also facilitates the rapid recall of products and the determination and settlement of liabilities. Besides this, food traceability aids in building trust and increasing certainty in food processing operations. This, along with the rising requirement for transparent information about the entire food chain, supported by modern tracking and tracing methods, is fueling the growth of the market. Furthermore, there is a rise in the adoption of blockchain technologies in food traceability, which enhances the ability to validate and authenticate food origin and improves brand credibility. Additionally, they help prevent fraud, enhance the capacity to better tackle outbreaks, minimize food testing expenses, and increase margins. This is projected to drive the market in the upcoming years.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003c\/p\u003e\n\n\u003cp\u003eIMARC Group provides an analysis of the key trends in each sub-segment of the global food traceability market, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, equipment, application and end user.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Technology:\u003c\/p\u003e\n\n\u003cp\u003eRFID\/RTLS\u003c\/p\u003e\n\n\u003cp\u003eGlobal Positioning System (GPS)\u003c\/p\u003e\n\n\u003cp\u003eBarcode\u003c\/p\u003e\n\n\u003cp\u003eInfrared\u003c\/p\u003e\n\n\u003cp\u003eBiometrics\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Equipment:\u003c\/p\u003e\n\n\u003cp\u003ePDA with GPS\u003c\/p\u003e\n\n\u003cp\u003eThermal Printers\u003c\/p\u003e\n\n\u003cp\u003e2D and 1D Scanners\u003c\/p\u003e\n\n\u003cp\u003eTags and Labels\u003c\/p\u003e\n\n\u003cp\u003eSensors\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Application:\u003c\/p\u003e\n\n\u003cp\u003eMeat and Livestock\u003c\/p\u003e\n\n\u003cp\u003eFresh Produce and Seeds\u003c\/p\u003e\n\n\u003cp\u003eDairy Products\u003c\/p\u003e\n\n\u003cp\u003eBeverage Products\u003c\/p\u003e\n\n\u003cp\u003eFisheries\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by End User:\u003c\/p\u003e\n\n\u003cp\u003eFood Manufacturers\u003c\/p\u003e\n\n\u003cp\u003eWarehouse\/Pack Farms\u003c\/p\u003e\n\n\u003cp\u003eFood Retailers\u003c\/p\u003e\n\n\u003cp\u003eGovernment Departments\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003c\/p\u003e\n\n\u003cp\u003eUnited States\u003c\/p\u003e\n\n\u003cp\u003eCanada\u003c\/p\u003e\n\n\u003cp\u003eAsia-Pacific\u003c\/p\u003e\n\n\u003cp\u003eChina\u003c\/p\u003e\n\n\u003cp\u003eJapan\u003c\/p\u003e\n\n\u003cp\u003eIndia\u003c\/p\u003e\n\n\u003cp\u003eSouth Korea\u003c\/p\u003e\n\n\u003cp\u003eAustralia\u003c\/p\u003e\n\n\u003cp\u003eIndonesia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eEurope\u003c\/p\u003e\n\n\u003cp\u003eGermany\u003c\/p\u003e\n\n\u003cp\u003eFrance\u003c\/p\u003e\n\n\u003cp\u003eUnited Kingdom\u003c\/p\u003e\n\n\u003cp\u003eItaly\u003c\/p\u003e\n\n\u003cp\u003eSpain\u003c\/p\u003e\n\n\u003cp\u003eRussia\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eLatin America\u003c\/p\u003e\n\n\u003cp\u003eBrazil\u003c\/p\u003e\n\n\u003cp\u003eMexico\u003c\/p\u003e\n\n\u003cp\u003eOthers\u003c\/p\u003e\n\n\u003cp\u003eMiddle East and Africa\u003c\/p\u003e\n\n\u003cp\u003eCompetitive Landscape:\u003c\/p\u003e\n\n\u003cp\u003eThe competitive landscape of the industry has also been examined along with the profiles of the key players being Bar Code Integrators Inc., C.H. Robinson Worldwide Inc., Carlisle Technology, Cognex Corporation, FoodLogiQ, Honeywell International Inc., Impinj Inc., International Business Machines Corporation, MASS Group, OPTEL Group, SGS S.A. and Zebra Technologies Corporation.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report:\u003c\/p\u003e\n\n\u003cp\u003eHow has the global food traceability market performed so far and how will it perform in the coming years?\u003c\/p\u003e\n\n\u003cp\u003eWhat has been the impact of COVID-19 on the global food traceability market?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key regional markets?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the technology?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the equipment?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the application?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the breakup of the market based on the end user?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the various stages in the value chain of the industry?\u003c\/p\u003e\n\n\u003cp\u003eWhat are the key driving factors and challenges in the industry?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the structure of the global food traceability market and who are the key players?\u003c\/p\u003e\n\n\u003cp\u003eWhat is the degree of competition in the industry?\u003c\/p\u003e","brand":"Food","offers":[{"title":"May, 2023 \/ 143 Pages \/ MCW16202156","offer_id":47562960568626,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/food-traceability-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}