Food Traceability Technology Market: Global Industry Analysis and Forecast 2016

- 2022

Persistence Market Research

Food Traceability Technology Market: Global

Industry Analysis and Forecast 2016 - 2022

Persistence Market Research

Food Traceability Technology Market: Global Industry Analysis and Forecast 2016
- 2022
Persistence Market Research Released New Market Report on Food Traceability
Technology Market: Global Industry Analysis and Forecast 2016 - 2022.
Owing to globalization and integration, food production and distribution system are becoming
more interdependent. In order to reduce the wastage of food, and maintain a proper value chain
ranging from production to consumption, a technologically advanced traceability is required.
Traceability helps to manage the possible risk in the supply chain. Currently, by law in Japan,
European Union (EU), and the United States, specific standards for food traceability are
mandated internationally.
There are two type of traceability system namely internal traceability and chain traceability.
Internal traceability refers to recording of data within the organization or any separate
geographic location. Chain traceability refers to recording data and transferring it through a
supply chain among intra and inter organisations. Depending on the type of business,
traceability data can be both static and dynamic. Static data is fixed, whereas dynamic data
changes over the time. In order to capture, record, store, and share traceability data efficiently,
use of softwares such as Enterprise Resource Planning (ERP) and database management
solutions, cloud computing and SaaS (software as a service) solutions are anticipated to lead
towards reduced cost and cost-effective operations.
Food traceability technology market is primarily driving by the technologically advanced
countries, for instance, U.S., Japan, U.K. and others. The technologies are being adopted by
the end-users from developing countries due to awareness. Moreover, presently, companies
maintain a proper framework of business for optimum level of inventory and smooth operation;
hence demand for food traceability technology increasing worldwide.
Some of the restraining factors for food traceability technology market include additional cost for
traceability technology and privacy issue for data security, since data management, data
tracking and security of data is cost-oriented. Moreover, the technologies are product specific;
hence different technologies are used for different applications of products, for instance data
management and tracking is different in manufacturing to wholesale to retail, also it is different
in terms of countable and non-countable food products.
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There is a huge opportunity for players in countries such as ASEAN countries, Gulf countries to
expand their market share in food traceability technology market. Moreover, new smart
Persistence Market Research

Food Traceability Technology Market: Global Industry Analysis and Forecast 2016
- 2022
technology for easy and universal accessibility can bring a new opportunity for the food
traceability technology players.
Global Food Traceability market is segmented by: technology type, hardware, application, enduser and region
Request TOC (table of content), Figures
http://www.persistencemarketresearch.com/toc/9920

and

Tables

of

the

Report:

Food Traceability by Technology type

Radio Frequency Identification/Real Time Location System (RFID/RTLS)

Global Positioning System (GPS)

Barcodes

Infrared

Biometrics

Food Traceability by Hardware Type

Smart Personal Digital Assistants (PDAs)

1D and 2D scanner

Thermal printers

Tags and labels

Sensors

Food Traceability by Application

Culinary Food Product

Ready-to-eat Food Products

Meat & sea Food Products

Dairy Products

Food Traceability by End-Users

Food Manufacturer & Retailers

Warehouse for Food Products

Government Departments

Persistence Market Research

Food Traceability Technology Market: Global Industry Analysis and Forecast 2016
- 2022

Non-Governmental Organization (NGO) & Cooperative organization

Others (Defense and security departments)

Food Traceability By Region

Asia Pacific

Europe

North America

Latin America

The Middle East & Africa

Some of the key players in the food traceability market are Honeywell International, Inc, Cognex
Corporation, C.H. Robinson Inc., Zebra Technologies, Motorola Solutions, Inc., MASS Group
Inc., IBM Corporation and Bio-Rad Laboratories, Inc.
The report covers exhaustive analysis on:

Food Traceability Market Segments

Food Traceability Market Dynamics

Historical Actual Market Size, 2013 - 2015

Food Traceability Market Size & Forecast 2016 to 2022

Supply & Demand Value Chain

Food Traceability Market Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

Food Traceability Market Drivers and Restraints

Regional analysis for Food Traceability Market includes:

North America

Latin America

Europe

Asia Pacific

The Middle East and Africa

Persistence Market Research

Food Traceability Technology Market: Global Industry Analysis and Forecast 2016
- 2022

Report Highlights:

Shifting Industry dynamics

In-depth market segmentation

Historical, current and projected industry size Recent industry trends

Key Competition landscape

Strategies of key players and product offerings

Potential and niche segments/regions exhibiting promising growth

A neutral perspective towards market performance

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Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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Persistence Market Research

Food Traceability Technology Market: Global Industry Analysis and Forecast 2016
- 2022
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