The global Food Traceability market was worth US$ 16.5 billion in 2020.
The global Food Traceability market is expected to register a CAGR of 9.6% between 2022 and 2032.
Bio-Rad Laboratories, Inc., CH Robinson Worldwide Inc., Cognex Corporation, E. I. Du Pont de Nemours and Company (DuPont) are few prominent players active in the market.
Food traceability innovation market is basically driving by the mechanically progressed nations. The advances are being embraced by the end-clients from non-industrial nations because of attentiveness. To catch, record, store, and share traceability information proficiently, utilization of programs like ERP and data set administration arrangements, distributed computing and SaaS that is programming as assistance arrangements are anticipated to lead towards diminished expense and practical activities.
Based on applications, the Food Traceability market is segmented into Culinary Food Product, Ready-to-eat Food Products, Meat, Sea Food Products and Dairy Products.
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