Food Traceability Market worth $14 Billion by 2019 -Global Trend & Forecast to 2019

The report, "Food Traceability Market by Technology (RFID, GPS, Barcode, Infrared, Biometric), End User (Manufacturer, Warehouse, Retailer, Government), Application (Fresh food Produce, Meat & Poultry, Seafood, Dairy, Beverage) & Region - Global Trend & Forecast to 2019" defines and segments the food traceability market on the basis of various technologies, end users, applications, and regions, with analyses and projections of the market size of each of these segments in terms of value. It also identifies the driving and restraining factors for the food traceability market with analyses of the trends, opportunities, drivers, and burning issues.
Browse 86 market data tables and 60 figures spread through 160 pages and in-depth TOC on “Food Traceability Market by Technology (RFID, GPS, Barcode, Infrared, and Biometric), End User (Manufacturer, Warehouse, Retailer, and Government), Application (Fresh food Produce, Meat & Poultry, Seafood, Dairy, Beverage) & Region - Global Trend & Forecast to 2019".

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Scope of the Report:
The research study categorizes the market on the basis of technologies, end users, applications, and regions.
On the basis of technology, the market was sub-segmented as follows:
• RFID technology
• GPS
• Barcode
• Infrared
• Biometric
On the basis of end user, the market was sub-segmented as follows:
• Food manufacturers
• Warehouse Food retailers
• Government departments
• Others (non-profit organization, animal welfare organization, and cooperative organization)
On the basis of application, the market was sub-segmented as follows:
• Meat products
• Fresh food produce
• Dairy products
• Seafood products
• Others (grains, oilseed, and coffee)
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On the basis of region, the market was sub-segmented as follows:
• North America
• Europe
• Asia-Pacific
• ROW

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The food traceability market is driven by the growth in foodborne diseases and food adulteration incidents. The food traceability market has been growing significantly over the last five years due to increasing concern among consumers for food safety and legislative framework. The key players adopted new technology launches and expansions as their preferred strategies to sustain the competition in the market. Barcode reader is the preferred technology for food traceability in the food & beverage industry.
The food traceability market is projected to grow at a CAGR of about 9% to reach $14 billion by 2019. In 2013, North America was the largest market for food traceability. Asia-Pacific is projected to be the fastest-growing market for food traceability during the review period. This is driven by the technological advancement and growing concern for food safety among consumers in developing countries such as India and China.
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