The analysts forecast the Food Traceability Technology Market is expected to grow worth of US$ +18 Million and at a CAGR of +9% over the forecast period 2019-2025
Food traceability is the concept of tracking meals alongside its journey from farm to table. A great rate deal of facts can theoretically be pulled from this process, together with “natural on” dates, farm foundation, processing info, packing facilities, transportation routes, and the lifestyles of pathogens or allergens within the food. Owing to globalization and integration, food manufacturing and distribution system are becoming extra interdependent. Food Traceability Technology Market to be able to lessen the wastage of meals, and hold a proper price chain ranging from manufacturing to consumption, a technologically superior traceability is needed.
Food Traceability Technology Market has been studied in standings of all constraints such as applications, types, products and many other. Each and every data important to growth or fall of the respective segments have been explained. Whole supply chain with respect to market is considered in depth and is conveyed in the most inclusive way possible. The details there is going to be an increasing trend to this market are considered and are explained. Driving forces, restraints and opportunities are given to help give an improved picture of this market asset for the forecast period of 2019 to 2025.
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Top Key Players:
Honeywell International Inc, Cognex Corporation, C.H. Robinson Inc., Zebra Technologies, Motorola Solutions Inc., MASS Group Inc., IBM Corporation and Bio-Rad Laboratories Inc.
It also gives detailed insight into the competitive background and the vendors of Food Traceability Technology market with thorough business profiles of the key players. Statistics about the companies, specifications of their particular products, various assortments, fanatical overview, and generation of revenue, recent developments and upcoming challenges about market are well described. A complete SWOT analysis including growth prospects of this market is done to help make well up-to-date market selection.
Global Food Traceability Technology Market: Segmentation Overview
By Technology type:
- Radio Frequency Identification/Real Time Location System (RFID/RTLS)
- Global Positioning System (GPS)
By Hardware Type:
- Smart Personal Digital Assistants (PDAs)
- 1D and 2D scanner
- Thermal printers
- Tags and labels
- Culinary Food Product
- Ready-to-eat Food Products
- Meat & sea Food Products
- Dairy Products
- Food Traceability by End-Users
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As regions, major parts of the globe are covered with depth of research containing North America, Asia Pacific, Europe, the Middle East & Africa and Latin America. The ingestion, revenue, market value, production, share and growth rate of Food Traceability Technology market from 2019 to 2025 is been covered.
Accepting of the Food Traceability Technology market condition by passivity of accurate historical data about each and every segment for the forecast period is mentioned. Important factors affecting the growth of the market in a positive and negative perspective is examined and evaluated and predictable in the report in detail. Insightful views and case studies from various industry experts help make the report more reliable.
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