Food Traceability: Global Market Analysis 2017-2018 and Outlook to 2026 - Featuring Honeywell, E. I. Du Pont, IBM, United Electronics, Impinj, and more - ResearchAndMarkets.com
Aug. 29, 2018
DUBLIN--(BUSINESS WIRE)--Aug 29, 2018--The "Food Traceability - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the market accounted for $11.25 billion in 2017 and is expected to reach $20.95 billion by 2026 growing at a CAGR of 7.15% during the forecast period.
Growing consumer concern for food safety, high demand in emerging economies, stringent export regulations and the increasing penetration of modern retail, such as supermarkets and hypermarkets are some of the key factors driving the market growth.
However, factors such as associated cost, additional cost on traceability systems, varying needs for different products, lack of stringent laws in developing nations and privacy issues for data sharing are hindering the market growth.
By technology, the RFID segment is predicted to have considerable market share during the forecast period owing to real time tracking of food items irrespective of weather conditions.
By geography, Europe is one of the most concerned regions for food safety. The policies related to food safety are most severe in Europe, as compared to any other region.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porter's Five Force Analysis
5 Global Food Traceability Market, By Technology
6 Global Food Traceability Market, By Equipment
7 Global Food Traceability Market, By End-User
8 Global Food Traceability Market, By Application
9 Global Food Traceability Market, By Geography
10 Key Developments
11 Company ProfilingHoneywell International Inc. E. I. Du Pont De Nemours & Company International Business Machines (IBM) Corporation United Electronics Co. Ltd. Mass Group Inc. Merit-Trax Technologies Inc. C.H. Robinson Worldwide Inc. Bar Code Integrators Inc. Bio-Rad Laboratories Inc. Carlisle Technology Inc. Cognex Corporation Picarro Inc. SGS SA Thermo Fisher Scientific Zebra technologies Datalogic S.p.A Foodlogiq INFOR Mar-Kov Computer Systems STid Electronics Identification Impinj
For more information about this report visit https://www.researchandmarkets.com/research/2cmf4w/food?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180829005269/en/
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Related Topics:Food Safety
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 08/29/2018 05:28 AM/DISC: 08/29/2018 05:28 AM