Global Food Traceability Market Research Report 2023(Status and Outlook)

Global Food Traceability Market Research Report 2023(Status and Outlook)

Report Overview

Food traceability is tracing any food, feed, food-producing animal or substance that will be used for consumption, through all stages of production, processing and distribution to identify and address risks and protect public health.

Food traceability is a way of responding to potential risks that can arise in food and feed, to ensure that all food products are safe for citizens to eat.

Europe is the largest Food Traceability market with about 42% market share. North America is follower, accounting for about 35% market share.

The key players are Honeywell, Intelex Technologies, SAP, Bcfooderp, Trimble, Food Decision Software, JustFoodERP, IBM, Intact, Mass Group etc. Top 3 companies occupied about 38% market share.

The Global Food Traceability Market Size was estimated at USD 14590.00 million in 2022 and is projected to reach USD 30100.67 million by 2029, exhibiting a CAGR of 10.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Food Traceability market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Food Traceability Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Food Traceability market in any manner.

Global Food Traceability Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Honeywell

Intelex Technologies

SAP

Bcfooderp

Trimble

Food Decision Software

JustFoodERP

IBM

Intact

Mass Group

Market Segmentation (by Type)

Meat Traceability System

Vegetable and Fruit Traceability System

Milk Food Traceability System

Market Segmentation (by Application)

Commercial Concrete

Pre-cast Concrete Units

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Food Traceability Market

Overview of the regional outlook of the Food Traceability Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors