NORTH AMERICA FOOD TRACEABILITY MARKET FORECAST 2019-2027

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NORTH AMERICA FOOD TRACEABILITY MARKET FORECAST 2019-2027

The food traceability market in North America is anticipated to flourish with a CAGR of 4.07% through the period of 2019-2027. In terms of revenue, the North American market amounted for $XX million in 2018 and is expected to rise to $XX million by the end of 2027. Factors like the presence of large scale end-users like food manufacturers and food retailers along with regulatory initiatives undertaken by the government are surging the demand for food traceability market in the region. The developed countries in the region have adopted food traceability systems at an early stage owing to the various laws pertaining to food safety.

NORTH AMERICA FOOD TRACEABILITY MARKET FORECAST 2019-2027

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The food traceability market in North America is anticipated to flourish with a CAGR of 4.07% through the period of 2019-2027. In terms of revenue, the North American market amounted for $XX million in 2018 and is expected to rise to $XX million by the end of 2027. Factors like the presence of large scale end-users like food manufacturers and food retailers along with regulatory initiatives undertaken by the government are surging the demand for food traceability market in the region.

The developed countries in the region have adopted food traceability systems at an early stage owing to the various laws pertaining to food safety. The growing incidences of foodborne diseases have necessitated the incorporation of traceability systems throughout the process of the supply chain. Further, the increasing awareness among people and the globalization of the food industry is also driving the growth of food traceability market in North America.

Economies such as Canada and the United States are analyzed in the North America food traceability market. The food traceability market in the United States is primarily driven by governmental regulations in the traceability systems and economic incentives. The FDA in the country is undertaking regulatory steps such as the Food Safety Modernization Act (FSMA) and working with other agencies to explore technologies for rapid as well as effective tracking & tracing of food. Thus, such initiatives led to standardize and regulate food traceability in the region, in turn, driving the market growth at a significant pace.

The food traceability market has the presence of several companies. One of the leading players operating in the region is the US-based Bio-Rad Laboratories, Inc. The company manufacture products and systems to analyze & purify components for healthcare, analytical chemistry, and life science research. It offers a wide range of product including, instruments and apparatus, which are used in food testing regimes.

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • FOOD MANUFACTURERS WILL LEAD IN TERMS OF REVENUE
      • MEAT AND LIVESTOCK SEGMENT TO BE DOMINANT IN THE APPLICATION
      • BARCODES CONTINUE TO BE THE MAJOR IDENTIFIER TECHNOLOGY
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • DETECTING CONTAMINATION AND ASSISTING IN PRODUCT RECALLS
      • LEGISLATIVE LAWS BY GOVERNMENTS
      • STANDARDIZATIONS AND CERTIFICATIONS OF DATA
      • COMPETITIVE EDGE AMONG THE COMPANIES AND BRAND LOYALTY BY CONSUMER’S
    • MARKET RESTRAINTS
      • ASSOCIATED COST
      • LACK OF STRINGENT LAWS IN DEVELOPING NATIONS
      • VARYING NEEDS FOR DIFFERENT PRODUCTS
    • MARKET OPPORTUNITIES
      • HIGH DEMAND FOR TRACKING TECHNOLOGIES IN EMERGING ECONOMIES
      • EFFICIENCY IN THE SUPPLY CHAIN OPERATIONS
      • RISK MITIGATION BENEFITS
    • MARKET CHALLENGES
      • LACK OF TRACKING RECORDS
      • OVERLAPPING AND CONFLICTING DEMANDS
      • WEAK TECHNICAL SYSTEMS
  1. MARKET BY TECHNOLOGY
    • RFID/RTLS
    • GPS
    • BARCODE
    • INFRARED
    • BIOMETRICS
  2. MARKET BY EQUIPMENT
    • PDA WITH GPS
    • THERMAL PRINTERS
    • 2D AND 1D SCANNERS
    • TAGS AND LABELS
    • SENSORS
    • OTHER EQUIPMENT
  3. MARKET BY APPLICATION
    • MEAT AND LIVESTOCK
    • FRESH PRODUCE AND SEEDS
    • DAIRY
    • BEVERAGES
    • FISHERIES
    • OTHER APPLICATION
  4. MARKET BY END USER
    • FOOD MANUFACTURERS
    • WAREHOUSE/PACK FARMS
    • FOOD RETAILERS
    • DEFENSE AND SECURITY DEPARTMENTS
    • OTHER GOVERNMENT DEPARTMENTS
    • OTHER END USER
  5. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • FOOD TRACEABILITY SOFTWARE MARKET TRENDS
      • POULTRY FARM AND FARM MANAGEMENT SOFTWARE
      • QUALITY MANAGEMENT SOLUTIONS
      • WAREHOUSE MANAGEMENT SOFTWARE (WMS)
      • ENTERPRISE RESOURCE PLANNING (ERP)
      • LABORATORY INFORMATION SYSTEM (LIS)
      • CLOUD COMPUTING
    • KEY BUYING CRITERIA
      • COST
      • GOVERNMENT REGULATIONS
      • APPLICATION
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  6. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPANY PROFILES
    • BIO-RAD LABORATORIES INC.
    • H. ROBINSON WORLDWIDE INC.
    • COGNEX CORPORATION.
    • I. DU PONT DE NEMOURS AND COMPANY.
    • HONEYWELL INTERNATIONAL INC.
    • INTERNATIONAL BUSINESS MACHINES CORPORATION
    • MASS GROUP INC.
    • MOTOROLA SOLUTIONS INC.
    • SGS SA
    • ZEBRA TECHNOLOGIES CORPORATION
    • CARLISLE TECHNOLOGY INC.
    • INFOR
    • MERIT-TRAX TECHNOLOGIES INC.
    • PICARRO
    • THERMO FISHER SCIENTIFIC

 TABLE LIST

TABLE 1:       NORTH AMERICA FOOD TRACEABILITY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2:       NORTH AMERICA FOOD TRACEABILITY MARKET, BY TECHNOLOGY, 2019-2027 (IN $ MILLION)

TABLE 3:       NORTH AMERICA FOOD TRACEABILITY MARKET, BY EQUIPMENT, 2019-2027 (IN $ MILLION)

TABLE 4:       NORTH AMERICA FOOD TRACEABILITY MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 5:       NORTH AMERICA FOOD TRACEABILITY MARKET, BY END USER, 2019-2027 (IN $ MILLION)

TABLE 6:       OPPORTUNITY MATRIX

TABLE 7:       VENDOR LANDSCAPE

TABLE 8:       NORTH AMERICA FOOD TRACEABILITY MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

 

FIGURE LIST

FIGURE 1:     NORTH AMERICA FOOD TRACEABILITY MARKET, BY END USER, 2018 & 2027 (IN %)

FIGURE 2:     KEY ADVANTAGES OF IMPLEMENTING A TRACEABILITY SYSTEM

FIGURE 3:     NORTH AMERICA FOOD TRACEABILITY MARKET, BY FOOD MANUFACTURERS, 2019-2027 (IN $ MILLION)

FIGURE 4:     NORTH AMERICA FOOD TRACEABILITY MARKET, BY MEAT AND LIVESTOCK, 2019-2027 (IN $ MILLION)

FIGURE 5:     NORTH AMERICA FOOD TRACEABILITY MARKET, BY BARCODE, 2019-2027 (IN $ MILLION)

FIGURE 6:     NORTH AMERICA FOOD TRACEABILITY MARKET, BY RFID/RTLS, 2019-2027 (IN $ MILLION)

FIGURE 7:     NORTH AMERICA FOOD TRACEABILITY MARKET, BY GPS, 2019-2027 (IN $ MILLION)

FIGURE 8:     NORTH AMERICA FOOD TRACEABILITY MARKET, BY BARCODE, 2019-2027 (IN $ MILLION)

FIGURE 9:     NORTH AMERICA FOOD TRACEABILITY MARKET, BY INFRARED, 2019-2027 (IN $ MILLION)

FIGURE 10:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY BIOMETRICS, 2019-2027 (IN $ MILLION)

FIGURE 11:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY PDA WITH GPS, 2019-2027 (IN $ MILLION)

FIGURE 12:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY THERMAL PRINTERS, 2019-2027 (IN $ MILLION)

FIGURE 13:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY 2D AND 1D SCANNERS, 2019-2027 (IN $ MILLION)

FIGURE 14:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY TAGS AND LABELS, 2019-2027 (IN $ MILLION)

FIGURE 15:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY SENSORS, 2019-2027 (IN $ MILLION)

FIGURE 16:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY OTHER EQUIPMENT, 2019-2027 (IN $ MILLION)

FIGURE 17:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY MEAT AND LIVESTOCK, 2019-2027 (IN $ MILLION)

FIGURE 18:  KEY APPLICATIONS OF LIVESTOCK TRACEABILITY

FIGURE 19:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY FRESH PRODUCE AND SEEDS, 2019-2027 (IN $ MILLION)

FIGURE 20:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY DAIRY, 2019-2027 (IN $ MILLION)

FIGURE 21:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY BEVERAGES, 2019-2027 (IN $ MILLION)

FIGURE 22:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY FISHERIES, 2019-2027 (IN $ MILLION)

FIGURE 23:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY OTHER APPLICATION, 2019-2027 (IN $ MILLION)

FIGURE 24:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY FOOD MANUFACTURERS, 2019-2027 (IN $ MILLION)

FIGURE 25:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY WAREHOUSE/PACK FARMS, 2019-2027 (IN $ MILLION)

FIGURE 26:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY FOOD RETAILERS, 2019-2027 (IN $ MILLION)

FIGURE 27:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY DEFENSE AND SECURITY DEPARTMENTS, 2019-2027 (IN $ MILLION)

FIGURE 28:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY OTHER GOVERNMENT DEPARTMENTS, 2019-2027 (IN $ MILLION)

FIGURE 29:  NORTH AMERICA FOOD TRACEABILITY MARKET, BY OTHER END USER, 2019-2027 (IN $ MILLION)

FIGURE 30:  PORTER’S FIVE FORCE ANALYSIS

FIGURE 31:  KEY BUYING IMPACT ANALYSIS

FIGURE 32:  NORTH AMERICA FOOD TRACEABILITY MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 33:  UNITED STATES FOOD TRACEABILITY MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34:  CANADA FOOD TRACEABILITY MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY TECHNOLOGY
    • RFID/RTLS
    • GPS
    • BARCODE
    • INFRARED
    • BIOMETRICS
  2. MARKET BY EQUIPMENT
    • PDA WITH GPS
    • THERMAL PRINTERS
    • 2D AND 1D SCANNERS
    • TAGS AND LABELS
    • SENSORS
    • OTHER EQUIPMENT
  3. MARKET BY APPLICATION
    • MEAT AND LIVESTOCK
    • FRESH PRODUCE AND SEEDS
    • DAIRY
    • BEVERAGES
    • FISHERIES
    • OTHER APPLICATION
  4. MARKET BY END USER
    • FOOD MANUFACTURERS
    • WAREHOUSE/PACK FARMS
    • FOOD RETAILERS
    • DEFENSE AND SECURITY DEPARTMENTS
    • OTHER GOVERNMENT DEPARTMENTS
    • OTHER END USER

 

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