Analysts forecast
the Global Food
Traceability market to grow at a CAGR of 9.88 percent over the period
2014-2019.
Food traceability
systems are used to keep a record of the flow of products meant for human
consumption and product attributes throughout the production process or
logistics network. Since food production and its distribution is a complex
process, companies consider food traceability system as the best tool to solve
all food-related challenges. Food traceability helps companies make fresh food
products available to their consumers, thereby helping in reducing food-borne
diseases. In many countries, such as the US and the UK, consumers are ready to pay
more for products having a food traceability and point-of-origin certificate.
Technologies such as
infrared, RFID, biometrics, and sensors have made food traceability convenient
for companies in the Food industry.
This report covers
the present scenario and the growth prospects of the Global Food Traceability
market for the period 2015-2019. To calculate the market size, the report takes
into account the total revenue generated through the technologies used in food
traceability, equipment used, and various applications of food traceability.
Global Food
Traceability Market 2015-2019, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the APAC region,
Europe, Latin America, the MEA region, and North America; it also covers the
Global Food Traceability market landscape and its growth prospects in the
coming years. The report includes a discussion of the key vendors operating in
this market.
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of the Report is Available at USD 2500, Buy the Report @ http://www.sandlerresearch.org/purchase?rname=29361
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