Global Food Traceability Market Research Report 2017-2022 Food Traceability Market Research Report 2017 | 页面 2

Global Food Traceability Market
Analysis and Forecast, 2017-2022
Owing to the to the global increase in the number of food recalls and the rising concerns
pertaining to food safety, the food traceability market is expected to grow at a CAGR of 5.56%
through 2016 to 2022. The report is a compilation of the different segments of global food
traceability market, including market breakdown by the application, technology, end users and
geographical areas. Herein the revenue generated from the application type, namely: meat,
dairy, fresh produce and others; technology type, namely:RFID, GPS, barcodes and others; end
users, namely: Food manufacturers, retailers, warehouses and others; and geography, namely:
North America, Europe, APAC and rest of the world is tracked to calculate the overall market
size. While highlighting the key driving and restraining forces for this market, the report also
provides a detailed summary of the smart food market. It also includes the key participants
involved in the industry at the relevant sections.
The figure below represents the growth of the food traceability market from
2015 to 2022.
Global Food Traceability Market (Y-O-Y), 2014-2022
5.06%
5.50%
5.62%
5.79%
5.69%
5.47%
5.56%
5.28%
16.09
4.43%
11.63
3.21%
2014
2015
2016
2017
2018
2019
2020
2021
2022
2016
2022
Market Size ($Billion)
BIS Research Analysis
The report puts special emphasis on the market share of the different applications of food
traceability technologies, owing to the changing paradigms in the industry. In spite of this, due
to the weak technical systems and overlapping and conflicting demands, a majority of potential
new entrants resist from adopting food traceability technologies. The reports further includes a
thorough analysis of the impact of the five major forces to understand the overall attractiveness
of the industry. The report also focuses on the revenue generated by the end users in the food
traceability market.
The most often used strategy for developing a better hold on to the market has been through
mergers & accquisition, followed by business expansion. Moreover, the company profile section
highlights significant information about the key companies involved along with their financial
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