The food traceability technologies market will reach $11.15 bn in 2015, Says the New Study on ASDReports

Wednesday 10 December 2014, Amsterdam

A new report now available on ASDReports, predicts that the world market for the food traceability technologies will reach $11.15bn in 2015. This forecast and others appear in Food Traceability Technologies Market 2015-2025: EAN / UPC Barcodes, 2D QR Codes, RFID & RTLS report.

There are several reasons why the food traceability technologies market continues to grow in North America, Europe and Asia. However a major driving force has been the shift in consumer lifestyle towards healthy food consumption and the need to know the origins of food.

Karina Sventitskayte, food industry analyst observes: “The traceability technologies market is seen as an industry which will actively develop in all regions of the world. The pace of this development and the scale will largely depend on domestic policies and their ability to invest in the market...”

The study has examined the food traceability technologies market and identified the main driving forces, as well as focused on barriers in development and implementation of new traceability technologies, alongside other various improvements taking place within the market. The report also discusses the performance of the individual food traceability technologies submarkets by type of technology.

The report identified many opportunities and strengths within the current market, such as the fact that it remains open to new technological advances and needs improvement in the global legislative framework since not all the countries have an established food traceability legal basis. 

The brand new 141 page report contains 101 tables, charts and graphs that add visual analysis in order to explain developing trends within the food traceability technologies market. The report provides forecasts for the period 2015-2025 in terms of value sales (US$). The new report describes the global food traceability technologies market by the global value sales of its traceability solutions and devices. In addition, 24 leading national food traceability technologies markets are forecasted and analysed over the period 2015-2025.

Submarket forecasts from 2015-2025 are divided into EAN/UPC Barcode Submarket Forecast 2015-2025, 2D QR Code Submarket Forecast 2015-2025, RFID/RTLS Submarket Forecast 2015-2025 and Others Submarket Forecast 2015-2025. The report also provides profiles of 20 leading companies operating within the market.

The Food Traceability Technologies Market 2015-2025: EAN / UPC Barcodes, 2D QR Codes, RFID & RTLS report will be of value to current and future potential investors into the global food traceability technologies market and other food processing industries, as well as companies and research centres who wish to broaden their knowledge of the market.