Based on the analysis conducted by MarkNtel Advisors, it is projected that the specified Global Food Traceability Market will undergo a compound annual growth rate (CAGR) of 10.9% from 2021 to 2026. This indicates that the market is anticipated to witness consistent growth throughout the mentioned time frame.

 The Global Food Traceability Market research study offers stakeholders in-depth insights into the dynamics of the market and its different fragmentations. This study provides stakeholders with comprehensive industry elements through detailed-driven information that is based on reliable, impartial, and accurate data. The study offers in-depth qualitative and quantitative insights on market potential, significant market drivers of market growth, hotspots, and expansion prospects for product providers in the region.

Key Findings of the Study Report

The study report's main goal is to assess and gauge the Global Food Traceability Market's size from 2021 to 2026. The following are additional goals:

  • To categorise and forecast the market based on the firms, regions, and market segments already mentioned.
  • List the variables that affect the market under study as well as those that limit its growth.
  • The most recent mergers and acquisitions, product launches, business expansions, competitive events, and other developments will be examined.
  • To consider a study on market pricing.
  • Identify and examine the profiles of significant market participants.
  • Ascertain the most crucial long-term strategies employed by market players.
  • Detailed analysis of business products, relevant financial information, and player tactics.

Download a Free Sample PDF of the Study Report (including Summary + TOC) to Learn More About This Study- https://www.marknteladvisors.com/query/request-sample/food-traceability-market.html

Dynamics of the Global Food Traceability Market

Market Driver: Burgeoning Food Adulteration & Food Borne Diseases to Boost the Market Growth

Food adulteration has become a regular process in the production process of any food product. Food contamination with pathogens and mycotoxins generally causes food-borne illnesses. According to the Centers for Disease Control and Prevention (CDC), food diseases may cause an estimated 325,000 serious ailments resulting in hospitalizations, 76 million cases of gastrointestinal illnesses, and 5,000 deaths each year.

Packaged food service has gained immense popularity over the last few years, leading to a surge in several people handling the food supply chain. Hence, the probability of transmission of food-borne infections from handlers to consumers increases, which, in turn, shall fuel the demand for food traceability practices in the years to come.

Market Segments for Global Food Traceability Market

By Equipment

-PDA with GPS

-Thermal Printers

-2D & 1D Scanners

-Tags and Labels

By Technology

-Barcodes

-Radio Frequency Identification (RFID) devices

-Warehouse Management Systems (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 Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia Pacific

In order for stakeholders to acquire extensive information about causes affecting the market as well as diverse aspects affecting the elements that produce market fluctuations, the industry's distinctive divisions and articulations are grouped into additional segments. These factors, which all have an effect on the market, include sales, environmental concerns, production challenges, demand, and innovations influencing each segment. The following segments make up the Global Food Traceability Market:

To view the full report's table of contents, executive summary, and figures, go to the following URL- https://www.marknteladvisors.com/research-library/food-traceability-market.html

Competitive Landscape Analysis

A strategic factorial indexing method is used in the study to evaluate competitors' capabilities across 16 dimensions and the vital strategic imperatives necessary for their success. The information can be used by businesses to create go-to-market plans and spot potential markets for their goods. In order to inform stakeholders about market movements and expectations for the future, analysts collect trustworthy, objective, and accurate data.

Top ten companies of Global Food Traceability Market-

-Honeywell

-CH Robinson Inc

-Intelex Technologies

-SAP

-Bio Rad Laboratories

-IBM

-Intertek

-Cognex

-Harvest Mark

-Bcfooderp

-Merit Track

-Food Decision Software

-JustFoodERP

-Optel

-Others

Click Here For More Information About This Report Or Your Any Specific Question – https://www.marknteladvisors.com/query/talk-to-our-consultant/food-traceability-market.html

Important Questions Covered

  1. What are the overview, size-by-value, forecast numbers, and shares of the Global Food Traceability Market?
  2. What are the prominent growth drivers and challenges of different regions in the Global Food Traceability Market?
  3. What are the current & future trends and regulations in the Global Food Traceability Market?
  4. Who are the leading market participants per the competitive benchmarking matrix, and how do they fare in the Global Food Traceability Market?
  5. What key innovations, mergers, acquisitions, and partnerships have influenced the size of the Global Food Traceability Market?
  6. What are the numerous segments & sub-segments the Research Report offers?
  7. Which sub-segment acquired the largest market share, and which one is likely to dominate in the forecast years?
  8. What are the significant findings of the surveys conducted for the Global Food Traceability Market Report?

To Learn More About Customization Services

For amazing deals, customised analysis of the Global Food Traceability Market study, and customization services, get in touch with Markntel Advisors. For stakeholders, our researchers assemble data that takes into account all of the important variables that have a significant impact on the industry's growth in a thorough, objective, accurate, and trustworthy manner, curating the fundamentals that underlie the market potential and presenting them in a formalised and eloquent way.

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