Food Traceability Market Analysis and Forecast 2015-2020

Food Traceability Market (2015 - 2020)

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Food Traceability Market (2015 - 2020)

Food Traceability Market Overview ď ś 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 (2015 - 2020)

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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 (2015 - 2020)

Food Traceability Market Segmentation 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.

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Food Traceability Market (2015 - 2020)

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

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

4. Build the

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3. Check for consistency and new growth factors that that are relevant over the next 10 Years 4. Build the

Base model

Delphi Verification

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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

Consolidated Model

ARC Model

1.Granular breakdown of the drivers into factors

Consolidation ConsolidatedMethod Model

Consolidated Model

Base BaseMethod Model

Base Model

Analytical Model

Analytical Method

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ARC Model

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