Wednesday, 15 February 2017

Global Packaged Food Traceability Market Will Grow Steadily At A CAGR Of Over 8% During The Period 2016-2020

Researchmoz added Most up-to-date research on "Global Packaged Food Traceability Market 2016-2020" to its huge collection of research reports.

Food traceability systems help to track the goods in inventory, reduce costs, and replenish the stock regularly. The devices help and analyze the demand for an item and forecast its sales. Also, traceability systems are used to collect data about the objects and their movements. Losing such information to competitors or hackers due to insecure systems could pose huge losses and security issues. Hence, the traceability systems have to be properly secured to avoid data theft. The market for traceability readers is largely untapped, providing a tremendous opportunity for vendors. Vendors invest in R&D to offer customers unique, secure, and low-cost traceability systems.

Technavios analysts forecast the global packaged food traceability market to grow at a CAGR of over 8% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global packaged food traceability market for 2016-2020. To calculate the market size, the report considers the revenue generated from radio frequency identification (RFID), barcodes, and other platforms used in traceability systems.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=825346

Technavio's report, Global Packaged Food Traceability Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cognex
Datalogic
Honeywell International
Impinj
Zebra Technologies

Other prominent vendors
Alien Technology
Avery Dennison
Bar Code Integrators
Carlisle Technology
Merit-Trax Technologies
SATO VICINITY
SMARTRAC
Thinfilm
Tyco
Denso

Market driver
Inefficiencies in supply chain
For a full, detailed list, view our report

Market challenge
High costs of implementation
For a full, detailed list, view our report

Market trend
Rapid technological advancements and need to upgrade constantly
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=825346

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