The Growing Importance of the Food Traceability Market

1. Food Traceability Market The Food Traceability Market is predicted to reach USD 29.43 Billion with a CAGR of 7.8% by 2030 North America is expected to account for the major market share in the global food traceability market Asia-Pacific is expected to illustrate a rapid growth in the global food traceability market Next Move Strategy Consulting

2. Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting

3. Market Overview • Food traceability is a tracking technology that traces and validates the product quality at each point in the food supply chain, starting from production, processing, packaging, to distribution. • It plays a vital role in the global trade, where food products from different origins are traded internationally, and foodinvestigation becomes mandatory in quality-checking the freshness-quotient of food products. • Food traceability holds wide application in tracing meat & livestock, fisheries, dairy products, fresh produce, and other perishables. • However, investments in food traceability technologies resulting to higher cost to the company, intruding privacy, and security concerns, are the limiting factors hampering the growth of global food traceability market. Next Move Strategy Consulting

4. Market Segmentation By Equipment By Technology • PDA with GPS • Thermal Printers • 2D & 1D Scanners • Tags & Labels • Sensors • Others • RFID/RTLS • GPS • Barcode • Infrared • Biometrics By Application By End User • Meat & Livestock • Fresh Produce & Seeds • Dairy • Beverages • Fisheries • Others • Food Manufacturers • Warehouse/Pack Farms • Food Retailers • Defense & Security Departments • Other Government Departments • Others Next Move Strategy Consulting

5. Regional Analysis North America Europe • U.S. • Canada • Mexico • UK • Germany • France • Russia • Rest of Europe Asia-Pacific RoW • China • India • Japan • Australia • Rest of Asia-Pacific • Latin America • Middle east • Africa Next Move Strategy Consulting

6. Key Market Players • CH Robinson Worldwide Inc. • Bio-Rad Laboratories, Inc. • E. I. Du Pont de Nemours and Company (DuPont) • Cognex Corporation • International Business Machines Corporation • Honeywell International Inc. • SGS SA Motorola Solutions, Inc. • MASS Group Inc • Zebra Technologies Corporation Next Move Strategy Consulting

7. Key Highlights • Market Growth and Size: The food traceability market Is experiencing robust growth, driven by increasing regulatory requirements, consumer demand for transparency, and technological advancements. The market is projected to grow significantly over the next several years, reflecting heightened focus on food safety and quality. • Regulatory Pressures: Governments and international regulatory bodies are implementing stringent traceability requirements to enhance food safety, prevent fraud, and ensure compliance. Regulations such as the Food Safety Modernization Act (FSMA) in the U.S. and similar regulations in other regions are key drivers of market demand. • Consumer Demand for Transparency: There is a growing consumer preference for transparency in the food supply chain. Consumers increasingly want to know the origin, journey, and safety of their food products, driving the adoption of traceability solutions to meet these expectations. • Global Supply Chain Complexity: The globalization of food supply chains has increased the need for effective traceability solutions. Complex and multi-tiered supply chains require sophisticated tracking systems to manage and monitor the movement of food products from farm to table. Next Move Strategy Consulting

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