Global Food Tracking Technologies Market Growth (Status and Outlook) 2023-2029

Global Food Tracking Technologies Market Growth (Status and Outlook) 2023-2029

Food traceability (tracking technologies) comprises the ability to identify and validate various stages of the food chain from production to distribution. It involves recognizing the origin of food and its destination from where it is expected to be distributed to different end users. This system is essential for food investigations and is crucial in global food trade as multi-ingredient food includes materials from variety of food chain & countries. This makes importers dependent upon traceability systems of other countries up to the point of import. The main applications of food traceability market include meat & livestock, fresh produce & seeds, dairy, beverages, fisheries, and others. The different equipment meant for supporting the system are PDA with GPS, thermal printers, 2D & 1D scanners, tags & labels, sensors, and others.

LPI (LP Information)' newest research report, the “Food Tracking Technologies Industry Forecast” looks at past sales and reviews total world Food Tracking Technologies sales in 2022, providing a comprehensive analysis by region and market sector of projected Food Tracking Technologies sales for 2023 through 2029. With Food Tracking Technologies sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food Tracking Technologies industry.

This Insight Report provides a comprehensive analysis of the global Food Tracking Technologies landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food Tracking Technologies portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Food Tracking Technologies market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Tracking Technologies and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food Tracking Technologies.

The global Food Tracking Technologies market size is projected to grow from US$ 15830 million in 2022 to US$ 33030 million in 2029; it is expected to grow at a CAGR of 11.1% from 2023 to 2029.

United States market for Food Tracking Technologies is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Food Tracking Technologies is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Food Tracking Technologies is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Food Tracking Technologies players cover Bio-Rad Laboratories, CH Robinson, Cognex, DowDuPont, Honeywell, IBM, MASS Group, Motorola and Zebra, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Food Tracking Technologies market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
RFID/RTLS
GPS
Barcode
Infrared
Biometrics

Segmentation by application
Food Manufacturers
Warehouse/Pack Farms
Food Retailers
Defense & Security Departments
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bio-Rad Laboratories
CH Robinson
Cognex
DowDuPont
Honeywell
IBM
MASS Group
Motorola
Zebra

Please note: The report will take approximately 2 business days to prepare and deliver.