Global Track & Trace in Food & Beverage Market to grow at 19.97% CAGR

June 29 18:16 2022
Global Track & Trace in Food & Beverage Market to grow at 19.97% CAGR
Track and Trace in Food and Beverage Market
According to a new market research report launched by Inkwood Research, the Global Track & Trace in Food & Beverage Market is estimated to reach $3116.53 million by 2030, recording a CAGR of 19.97% during the forecast period.

Browse 86 market data Tables and 62 Figures spread over 290 Pages, along with an in-depth analysis of the Global Track & Trace in Food & Beverage Market by Product, Application, End-User, & by Geography

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Track & Trace in Food & Beverage Market Scenario

One of the main growth drivers of the global track & trace in food & beverage market is the launch of innovative food traceability technologies. Accordingly, the major market players are prioritizing innovative technologies to extend their application base. Also, the growing consumer awareness of food safety is propelling market demands.

Further, the regulatory bodies globally are implementing regulations and laws for the food industry, thereby promoting food traceability. The track & trace in food & beverage sector is expected to progress, supplemented by the government support to market players in the food industry. Accordingly, the resultant reliability and transparency of the food industry are projected to attract new consumers.

Moreover, companies like Carrefour, Nestle, and Walmart are taking initiatives to enhance their product safety, quality, manufacturing, and reliability. Additionally, many countries are encouraging the implementation of food traceability and safety laws. However, the global track & trace in food & beverage market growth is hindered by cost requirements and complexities in data collection.

The Global Track & Trace in Food & Beverage Market report provides data tables and includes charts and graphs for visual analysis.


Request Free Sample Report for Global Track & Trace in Food & Beverage Market by Product, Application, End-user, & by Geography:


Market Segmentation

Market by Application

  • Aggregation Solutions
    • Bundle Aggregation
    • Pallet Aggregation
    • Case Aggregation
    • Serialization Solutions
      • Bottle Serialization
      • Label Serialization
      • Carton Serialization
      • Data Matrix Serialization

Market by Product

  • Software Solutions
    • Plant Manager Software
    • Bundle Tracking Software
    • Line Controller Software
    • Other Software Solutions
    • Hardware Systems
      • Printing and Marking Solutions
      • Monitoring and Verification Solutions
      • Labeling Solutions
      • Other Hardware Systems

Market by Technology

  • RFID (Radio Frequency Identification)
  • Barcode

Market by End-User

  • Beverages
  • Meat, Poultry & Seafood
  • Dairy Products
  • Other End-Users



Report Highlights

– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2030, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2030


Companies Profiled



Related Reports

GLOBAL TRACK & TRACE SOLUTIONS MARKET – The global track & trace solutions market is set to register a CAGR of 12.10% during the forecast period, 2019-2028.

GLOBAL FOOD TRACEABILITY MARKET – The global food traceability market is projected to record a CAGR of 6.19% during the forecast period, 2019-2027.

GLOBAL ASSET TRACKING MARKET – The global asset tracking market is expected to project a CAGR of 12.28% during the forecast period, 2019-2027.


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