Food Tracking Technologies Market, Global Outlook and Forecast 2023-2032
Food traceability (tracking technologies) comprises the ability to identify and validate various stages of the food chain from production to distribution. It involves recognizing the origin of food and its destination from where it is expected to be distributed to different end users. This system is essential for food investigations and is crucial in global food trade as multi-ingredient food includes materials from variety of food chain & countries. This makes importers dependent upon traceability systems of other countries up to the point of import. The main applications of food traceability market include meat & livestock, fresh produce & seeds, dairy, beverages, fisheries, and others. The different equipment meant for supporting the system are PDA with GPS, thermal printers, 2D & 1D scanners, tags & labels, sensors, and others.
This report aims to provide a comprehensive presentation of the global market for Food Tracking Technologies, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Tracking Technologies. This report contains market size and forecasts of Food Tracking Technologies in global, including the following market information:
Global Food Tracking Technologies Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Food Tracking Technologies market was valued at US$ 16650 million in 2022 and is projected to reach US$ 32900 million by 2029, at a CAGR of 10.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
RFID/RTLS Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Food Tracking Technologies include Bio-Rad Laboratories, CH Robinson, Cognex, DowDuPont, Honeywell, IBM, MASS Group, Motorola and Zebra, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Food Tracking Technologies companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Tracking Technologies Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Food Tracking Technologies Market Segment Percentages, by Type, 2022 (%)
RFID/RTLS
GPS
Barcode
Infrared
Biometrics
Global Food Tracking Technologies Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Food Tracking Technologies Market Segment Percentages, by Application, 2022 (%)
Food Manufacturers
Warehouse/Pack Farms
Food Retailers
Defense & Security Departments
Others
Global Food Tracking Technologies Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Food Tracking Technologies Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food Tracking Technologies revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Food Tracking Technologies revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bio-Rad Laboratories
CH Robinson
Cognex
DowDuPont
Honeywell
IBM
MASS Group
Motorola
Zebra
Outline of Major Chapters:
Chapter 1: Introduces the definition of Food Tracking Technologies, market overview.
Chapter 2: Global Food Tracking Technologies market size in revenue.
Chapter 3: Detailed analysis of Food Tracking Technologies company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Food Tracking Technologies in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
