Executive Summery

This report presents a detailed overview of the Food Traceability Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2021-26. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Food Traceability industry landscape.

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Food Traceability Market Statistics and Key Highlights

The Global Food Traceability Market is forecast to grow at around 10.9% CAGR during the forecast period, i.e., 2021-26, says MarkNtel Advisors. 

• Food Traceability market shows steady growth
• Market size expanding due to rising industry demand
• Competitive landscape driven by tech and innovation
• Detailed segment-wise and geography wise share analysis
• Forecast reveals strong trends shaping future outlook

Key Player- Emerging Food Traceability Companies

• Honeywell
• CH Robinson Inc
• Intelex Technologies
• SAP
• Bio Rad Laboratories
• IBM
• Intertek
• Cognex
• Harvest Mark
• Bcfooderp
• Merit Track
• Food Decision Software
• JustFoodERP
• Optel
• Others

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Key Driver:

Food adulteration has become a regular process in the production process of any food product. Food contamination with pathogens and mycotoxins generally causes food-borne illnesses. According to the Centers for Disease Control and Prevention (CDC), food diseases may cause an estimated 325,000 serious ailments resulting in hospitalizations, 76 million cases of gastrointestinal illnesses, and 5,000 deaths each year. 

Packaged food service has gained immense popularity over the last few years, leading to a surge in several people handling the food supply chain. Hence, the probability of transmission of food-borne infections from handlers to consumers increases, which, in turn, shall fuel the demand for food traceability practices in the years to come.

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Food Traceability Market Segmentation

By Equipment

• PDA with GPS
• Thermal Printers
• 2D & 1D Scanners
• Tags and Labels

By Technology

• Barcodes
• Radio Frequency Identification (RFID) devices
• Warehouse Management Systems (WMS)
• Blockchain-Based Applications
• Food-Sensing Technologies
• Infrared
• Internet of Things (IoT)

By Application

• Meat, Seafood and Poultry
• Vegetables and Fruits
• Dairy Products
• Beverages
• Others

By End-User

• Food Manufacturers
• Warehouse/Pack Farms
• Food Retailers
• Government Departments
• Others

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia Pacific

Reasons to Buy This Report

1. Gain comprehensive insights into current market trends and dynamics.
2. Equip your business with data-driven strategies for informed decisions.
3. Identify lucrative market opportunities and strategic growth areas.
4. Analyze competitors to enhance your positioning in the market landscape.
5. Understand geographical trends across diverse markets for better expansion strategies.

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About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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