France Track & Trace In Food & Beverage Market Forecast 2022-2028

France Track & Trace In Food & Beverage Market Forecast 2022-2028

KEY FINDINGS

The France track & trace in food & beverage market is estimated to increase with a CAGR of 19.83% during the forecast period, 2022-2028. The market growth is driven by numerous product recalls in the past few years and rising concerns about ingredients, products’ sources, and life cycles.

MARKET INSIGHTS

The track & trace solutions market entails the products and software used to track and trace products within the supply chain to ensure reliable and effective transportation from the manufacturer to the end-user. They also help avoid product counterfeiting, increasing customer loyalty, and company image. Moreover, these solutions are vastly used in the food and beverage industry for labeling and other purposes, facilitating the sector’s demand.

Furthermore, France’s government and regulatory authorities are constantly promoting the usage of food traceability solutions among the country’s food manufacturers and retailers. These initiatives are expected to drive the demand for traceability products and their applications. Also, the high demand for dairy and meat products is expected to drive the usage of food traceability solutions in the country. This country has also witnessed many foods recalls, which, in turn, is driving the demand for traceability solutions.

COMPETITIVE INSIGHTS

Some leading market players include Antares Vision SpA, Korber AG, Adents, Optel Group, Siemens AG, etc.

Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments