Digitized Solutions in Food Traceability Technologies Market will Reach $3.57Bn in 2014

Tuesday 28 January 2014, Amsterdam

A new report predicts that the world digitized solutions in food traceability technologies market will reach $3.57bn in 2014. This forecast and others appear in the Digitized Solutions in Food Traceability Technologies Market Forecast 2014-2024: Opportunities for Mobile Devices & Cloud Computing.

The globalisation of food markets, and the comparative ease with which food commodities are transported nowadays through and between countries and continents, means that consumers are becoming increasingly concerned about the foods’ origins.

There is a growing enthusiasm among consumers for high quality food with a clear regional identity. The reasons for this vary, but food scares and certain malpractices among the international food producers have added to public sensitivity.

Heightened consumer awareness, as well as important legislative driving forces demonstrate the need for ensuring food safety and quality, as well as exploring means to provide more reliable information and control on food sourcing, processing and distributing within supply chains.

Elena Rigney, a food industry analyst, said: “Digitized solutions in food traceability represent important advantages compared to conventional traceability tools, such as more memory, reusability, more surveillance and transparency.

Cloud computing and mobile devices are very promising technologies in food traceability and are expected to drive the overall food traceability market in the foreseeable future. These technologies improve the management of perishable food and enable real-time food tracking and tracing.”

Analyst have studied the digitized solutions in food traceability technologies market and identified the main driving forces, barriers to development and implementation of new innovative technologies, the benefits provided by these traceability technologies and various improvements taking place within the market.

Also, performances of digitized solutions in food traceability technologies within various food submarkets are discussed. The market is also studied from different perspectives with economic, legal, technological and social issues identified.

Analysts identified many opportunities and strengths within the current digitized solutions in food traceability technologies market, especially in the developing regions of the world, such as the increased continuity of information flow and more effective communication of food traceability information among various stakeholders within the food network.

The 149 page report contains 76 tables, charts and graphs that add visual analysis in order to explain developing trends within the digitized solutions in food traceability technologies market. This new report provides forecasts for the period 2014-2024 in terms of value (US$) for the digitized solutions in food traceability technologies market.

In addition, 7 leading regional digitized solutions in food traceability technologies markets are forecast and analysed over the period 2014-2024. Submarket forecasts from 2014-2024 are also provided in each of the 7 regions for the meat market, sea products, fruit and vegetables and other products. The report also provides profiles of 17 leading companies operating within the digitized solutions in food traceability technologies market, and includes 3 exclusive interviews with Fixmo, Top 10 Produce LLC and Airclic, providing expert insight alongside analysis.

The Digitized Solutions in Food Traceability Technologies Market Forecast 2014-2024: Opportunities for Mobile Devices & Cloud Computing report will be of value to current and future potential investors into the global food traceability technologies and food processing industry, as well as companies and research centres who wish to broaden their knowledge of the digitized solutions in food traceability technologies market.