A new report titled " Food Traceability Market
(Tracking Technologies) Global Industry Analysis, Size, Share, Trends,
Opportunities and Forecast, 2012 - 2020,” by allied market research is
published at Analyzefuture.com.
As per the market study, the global food traceability market
(tracking technologies) is expected to grow at a CAGR of 8.7% during the
analysis period, reaching expected revenue of $14.1 billion by 2020. The RFID
technology is expected to grow at the highest rate of 19.4% among all technologies
of food traceability market. The reason for the high growth rate of RFID is
real-time tracking of food items irrespective of weather conditions or
location. Accurate read-write ability in complex environment is also a
significant advantage of this technology.
It is estimated that around 3000 people die every year in
the U.S. due to food borne diseases, according to the Center of Disease Control
and Prevention. This comprehensive market study takes into account various
economic factors that are significant in determining the market trends, buying
decisions and future course of the market.
Detailed elaboration of drivers, restraints and
opportunities in the report will enable strategic decision making with
perceptive to identify potential markets. In addition to this, the study also
discusses various environmental and regulatory factors critical for the market
growth. Thus, estimation of market numbers, with due consideration to all these
factors has helped in enhancing the scope of the report. This analysis will
support stakeholders such as manufacturers in food recall process to reduce the
associated cost. Historical data is provided for 2012 whereas forecast is
available through 2020 in terms of revenue ($million) for every market segment.
Food traceability is becoming a norm for all food producers
across the globe as a result of consumer demands and government regulations
concerning food safety. Early adoption of food tracking technologies in
developed nations such as the U.S., Japan and Australia has led to good market
revenues. However, globalization of the food market has increased the
importance of a traceability system even in developing nations and therein lays
the opportunities for food traceability suppliers to enhance their market
position.
Table Of Contents:
1. Introduction
2.Executive Summary
3.Key Findings: Food Tracking and Traceability Technologies Market Study
4.Global Food Traceability (Tracking Technologies) Application Market
5.Global Food Traceability Market (Tracking Technologies)
6.GLOBAL FOOD tracking and traceability technologies EQUIPMENT MARKET
7.GLOBAL FOOD tracking and traceability technologies END-USER MARKET
8.GLOBAL FOOD tracking and traceability technologies GEOGRAPHIC ANALYSIS
9.CORPORATE PROFILES AND ANALYSIS
2.Executive Summary
3.Key Findings: Food Tracking and Traceability Technologies Market Study
4.Global Food Traceability (Tracking Technologies) Application Market
5.Global Food Traceability Market (Tracking Technologies)
6.GLOBAL FOOD tracking and traceability technologies EQUIPMENT MARKET
7.GLOBAL FOOD tracking and traceability technologies END-USER MARKET
8.GLOBAL FOOD tracking and traceability technologies GEOGRAPHIC ANALYSIS
9.CORPORATE PROFILES AND ANALYSIS
Get full access to the report at: http://www.analyzefuture.com/food-traceability-tracking-market
Report Details:
“Food Traceability Market (Tracking Technologies) Global
Industry Analysis, Size, Share, Trends, Opportunities and Forecast, 2012 –
2020”
Published: 15-Jan-2014
Pages: 93
Published: 15-Jan-2014
Pages: 93
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