Market Size and Forecast

The global Food Traceability (Tracking Technologies) market was valued at US$ 14.55 Bn. in 2022 and is projected to reach US$ 30.81 Bn. by 2029, growing at a CAGR of 11.32% during the forecast period.

Market Overview

The Food Traceability (Tracking Technologies) market report encompasses recent developments, trade regulations, import-export assessments, business models, value chain optimization, market share analysis, the impact of domestic and localized market players, and evaluations of opportunities in emerging income pockets. It also examines shifts in market restrictions, tactical market growth analyses, sales volume, segment growth, application niches and dominance, product approvals, releases, and geographical trends.

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Market Scope

The highly competitive environment of the Food Traceability (Tracking Technologies) market is detailed with information on key competitors. This includes business overviews, financials, revenue generation, market potential, R&D investments, new market initiatives, geographical presence, strengths and weaknesses, product introductions, and application dominance. The focus is solely on businesses relevant to the Food Traceability (Tracking Technologies) industry.

Market Drivers and Restraints

The report also covers the major drivers and restraints impacting the Food Traceability (Tracking Technologies) market.

Segmentation

by Equipment

PDA with GPS
Thermal Printers
2D & 1D Scanners
Tags & Labels
Sensors
Others

by Technology

RFID/RTLS
GPS
Barcode
Infrared
Biometrics

by Application

Meat & Livestock
Fresh Produce & Seeds
Dairy
Beverages
Fisheries
Others

by End-User

Food Manufacturers
Warehouse/Pack Farms
Food Retailers
Defense & Security Departments
Other Government Departments
Others

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Key Players

The major players in the Food Traceability (Tracking Technologies) market include: 

1. Bio-Rad Laboratories, Inc.
2. CH Robinson Worldwide Inc.
3. Cognex Corporation
4. E. I. Du Pont de Nemours and Company
5. Honeywell International Inc.
6. International Business Machines Corporation
7. Motorola Solutions, Inc.
8. SGS SA
9. Zebra Technologies Corporation
10.MASS Group Inc.
11.HarvestMark-Trimble Navigation Ltd.
12.FoodLogiQ
13.Verify Technologies
14.Fresh Surety
15.Verigo
16.Nima Labs, Inc.
17.AstRoNA Biotechnologies
18.Controlant
19.Helium.
20.Merit-Trax Technologies
21.Bar Code Integrators, Inc.
22.Carlisle Technology
23.Picarro, Inc.
24.Thermo Fisher Scientific

Regional Analysis

The report explores the factors contributing to the global Food Traceability (Tracking Technologies) market's growth and the various user demographics within the industry. It provides data on market participants, geographical regions, and specific market requirements. The study offers a comprehensive evaluation of all significant advancements in the market sectors, supported by statistics, infographics, and demonstrations.

COVID-19 Impact Analysis on Food Traceability (Tracking Technologies) Market

The COVID-19 pandemic led to a significant decline in production utilization, with travel bans and facility closures further slowing the Food Traceability (Tracking Technologies) market in 2020. The new research provides insights into COVID-19's impact on the Food Traceability (Tracking Technologies) market, including analysis, estimations, and projections.

Key Questions Answered in the Food Traceability (Tracking Technologies) Market Report

  • Which segment held the largest share in the Food Traceability (Tracking Technologies) market?
  • What was the competitive scenario of the Food Traceability (Tracking Technologies) market in 2020?
  • What are the key factors driving the growth of the Food Traceability (Tracking Technologies) market?
  • Which region held the maximum share of the Food Traceability (Tracking Technologies) market in 2020?

About Maximize Market Research

Maximize Market Research is a comprehensive market research and consulting company, with expertise across various industries including medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology, communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems. We offer market-verified industry estimations, technical trend analysis, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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