Global Food Traceability (Tracking Technologies) Market Expected to Reach $18,528 Million by 2023 - Allied Market Research
Summary
Competitive edge, brand loyalty, better flow of information upstream & downstream of supply chain, and legislative framework are few other drivers of the global market. In 2016, the meat & livestock application occupied almost half of the share of the food traceability (tracking technologies) market, followed by fresh produce and seeds. 2D & 1D scanners, tags & labels, and thermal printers are the main equipment used in the global food traceability market, which collectively occupied more than three-fourth share in 2016. In 2016, Asia-Pacific and LAMEA collectively accounted for around two-fifths share of the global food traceability (tracking technologies) market, registering lucrative CAGRs and are expected to continue this trend. Robinson INC., DuPont Nutrition & Health, INTERMEC INC., Motorola solutions, Inc., Cognex Corporation, MASS GROUP, Bio-Rad Laboratories, IBM CORP, and Zebra Technologies.
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