The food traceability is a technique with which the origin of any food product and supply and distribution can be traced in the market production and supply chain.
Food safety guidelines state that food and beverages products should be supplied with food safety certificate and special code which helps to determine the origin and distribution of the product which can be used to recall the consignment in case of any contamination or adulteration in the Food Traceability Market during 2015-2020.
Scope and Regional Forecast of the Food Traceability Market:
According to the IndustryARC research analysis studies on the Food Traceability Market, it is estimated to grow at a CAGR of 8.9% during 2015-2020. Barcodes are the mostly used technology in this market and occupies almost half of the global market share. RFID are expected to grow at the highest CAGR during 2015-2020.
In the Food Traceability Market, HACCP training and food safety program are often carried out to demonstrate the food and beverages industries about traceability system and advantages. There is high scope for this market in Asia Pacific owing to the size of the population of this region.
North America and Europe are the major regions in the Food Traceability Market with high applications of RFID, barcodes and other types of traceability equipment and devices for safe food handling in the food and beverages industries.
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Segmentation and Key Players of the Food Traceability Market:
The Food Traceability Market is segmented into various categories in the IndustryARC marketing research report by technology, by end user, by application and by geography as follows:
By technology: Infrared Technology, Barcode, RFID/RTLS, Global Positioning System (GPS) and Biometric
By end user: Food Retailers, Warehouse, Government Departments, Food Manufacturers, Growers and others
By application: Fisheries, Fresh Food Produce, Dairy Food, Meat and Poultry, Beverages and others
By geography: North America, South America, Europe, Asia Pacific and ROW
Some of the key players in the Food Traceability Market are as follows:
· Honeywell International, Inc. (U.S.)
· Cognex Corporation (U.S.)
· Zebra Technologies (U.S.)
· Datalogic S.P.A. (Italy)
· Advanced Traceability Solutions (U.S.)
