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Food Traceability Market Analysis, Growth and Demand Forecast to 2020 By P&S Market Research

 



(Entertainment-NewsWire.com, January 28, 2016 ) The outbreak of foodborne diseases is becoming serious concern for the consumers, which is also drawing the governments’ attention. This has led to increasing deployment of technology in food tracing. Among regions, Europe dominates the global food traceability market, followed by North America.

Explore more about Global Food Traceability Market at: https://www.psmarketresearch.com/market-analysis/food-traceability-market

Food traceability is dependent on corrective actions to be implemented, when food reaching the consumers lacks defined standards. The food traceability system employed by a government agency or food business identifies and isolates the contaminated products from the standard batch. It can be involved at every level of the food supply chain, beginning from procurement of raw materials to packaging and storage of food items.

Food traceability system has the characteristic of tracking the food one step forward, and one step backward at any point in the supply chain. The companies involved in the food business maintain records related to identification of producers, suppliers, and consumers. The system identifies and filters the non-standard food products through these records.

Traceability in domestic supply chains is easier, as production and consumption occurs at the same place. However it is complex for the supply chains including international trade. For instance, the traceability through hazard analysis and critical control points (HACCP)-based systems requires elaborated education and synchronization throughout the supply chain.

Download TOC at: https://www.psmarketresearch.com/market-analysis/food-traceability-market/toc-sample

Europe is one of the most concerned regions for food safety. The regulations related to food safety are most stringent in Europe, as compared to any other region. Food and feed traceability has been compulsory in Europe, since 2002 for all types of food businesses in the region. FoodTrace is one of the programs in the region that is designed to enhance traceability procedures between businesses. It demands the establishment of a defined identification system and a network of databases, in order to centralize and share the information. The traceability for meat products has been increasing in the U.S., owing to increasing meat trade, which is expected to drive the growth of the market in the country.

Browse Related Market Research at: https://www.psmarketresearch.com/industry-report/consumer-products

The vendors operating in the global food traceability systems market include Minotaur Software Limited, BatchMaster Software, and Verify Traceability Limited.

Global Food Traceability Market Segmentation
By Technology
• Infrared Barcodes
• GPS
• RFID
• Biometric
By End-User
• Retailer
• Warehouses
• Government Departments
• Manufacturers
By Application
• Fisheries
• Dairy
• Meat and Poultry
• Beverages
• Fresh Food and Produce

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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