food traceability market

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Food Traceability Market (2015 - 2020)


Food Traceability Market Overview


Traceability is the process of tracing the product’s origin on the basis of

documented identification. Food traceability is necessary for ensuring food

safety that helps in identifying the product to be recalled from the supply

chain in case of any mishaps related to contamination or adulteration.

Ensuring food traceability for all food products is elusive as tracking

becomes difficult due to the following reasons: raw material supply is used

on multiple batches of intermediate and final products, end product is

shipped to multiple customers from a single production unit and raw

materials obtained from suppliers does not come from direct linear chain

but rather a complex supply network.

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Food Traceability Market Trends & Growth

Growing foodborne diseases around the world, food adulteration incidents

throughout countries, increasing concern for food safety among consumers across the

globe and also governments contributing in terms of legal framework and strict rules

for adoption of food traceability systems have been the Driving Factors of this market.

Regionally, it was accounted that the market was dominated by North America in the

past few years, followed by Europe. On the other hand, APAC market is projected to

grow at the highest CAGR owing to the rapid development and growth in major

developing countries like India and China in various applications like fresh food

produce, meat produces and seafood products.


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Food Traceability Market is classified in 4 broad segments based on few factors like:

By Technology: Infrared Technology, Barcode, Biometric and Others.

By End User: Food Retailers, Warehouse, Government Departments, Food

Manufacturers and Others.

By Applications: Fisheries, Dairy Food, Meat & Poultry, Beverages and Others.

By Geography: North America, Europe, APAC and ROW.

Food Traceability Market Segmentation




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Food Traceability Market players

Few notable market players which are studied and mentioned in this report are:

Honeywell International, Inc (U.S.)

Cognex Corporation (U.S.)

Alien Technology Corporation (U.S.)

A2B Tracking Solution (U.S.)

Zebra Technologies (U.S.)

Unitech Electronics Co., LTD (Taiwan


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Analytical Method Base Model Consolidated Model Delphi Verification Base Method Consolidation Method

1. Granular breakdown of drivers into factors

2. Validating all factors in terms of their present impact on the market.

3. Assigning weights to these factors in terms of their relevance & impact on the market.

4. Build the

1. Get a top down Estimate of the market

2. Follow it up with a bottom up estimate of the market.

3. Check for consistency and new growth factors that that are relevant over the next 10 Years

4. Build the

1.Granular breakdown of the drivers into factors

2. Validating all factors in terms of their present impact on the market.

3. Assigning weights to these factors in terms or their relevance & impact on the market.

4. Build the

1. Verify the findings of the model with experts from across the value chain.

2. Verify the findings with players across small and large enterprises

3. Tweak the model and add new factors

4. Finalize the

Base model Consolidated Model ARC Model

OUR PROPRIETARY MODELS DERIVED FROM OUR ROBUST PROCESSES ENSURE HIGH ACCURACY

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Analytical Model


THE ARC PROCESS

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