DUBLIN, May 29, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/8x5q2g/food_traceability) have announced the addition of the "Food Traceability Market by Technology, End User, Application & Region - Global Trend & Forecast to 2019" report to their offering.
The food traceability market is projected to grow at a CAGR of about 9% from 2014 to reach $14,304.9 million by 2019
Food traceability facilitates tracing food products or ingredients through all stages of production, processing, and distribution. It involves the use of tracing systems and processes that match the features of incoming raw materials to outgoing product specifications for the purpose of improving business performance. In the food industry, food traceability is used for fresh food produce, meat products, dairy products, beverages, seafood products, and others.
The growing consumer concern for food safety and increasing incidents of food adulteration are some of the driving factors for the food traceability market. However, the high cost incurred by the food traceability equipment, and the privacy issue involved are restraining the growth of the market. The continuous development in emerging markets such as Brazil, India, and China is paving new opportunities for the food traceability market.
The food traceability market is segmented on the basis of technologies, end users, applications, and regions. The application industries for food traceability include meat products, fresh food produce, dairy products, beverages, seafood products, and others such as grains, oilseed, and coffee. The end user of food traceability is segmented into food manufacturers, warehouse/pack farm, food retailers, defense & security departments, and others such as government departments.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Industry Trends
6 Market Overview
7 Food Traceability Market, By Technology
8 Food Traceability Market, By End User
9 Food Traceability Market, By Application
10 Food Traceability Market By Region
11 Competitive Landscape
12 Company Profiles
- Bar Code Integrators, Inc.
- Bio-Rad Laboratories, Inc.
- C.H. Robinson Worldwide, Inc
- Carlisle Technology Inc.
- Cognex Corporation
- Honeywell International, Inc.
- Mass Group Inc.
- Merit-Trax Technologies Inc.
- Picarro Inc.
- SGS SA
For more information visit http://www.researchandmarkets.com/research/8x5q2g/food_traceability
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SOURCE Research and Markets