Market Overview:
The global food traceability software tools market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food traceability software tools from SMEs and large manufacturers, and the growing awareness about food safety among consumers. The global food traceability software tools market can be segmented on the basis of type into SaaS-based and web-based. The SaaS-based segment is expected to grow at a higher CAGR than the web-based segment during the forecast period. This can be attributed to the growing demand for cloud-based solutions due to their ease of use and low implementation costs. On the basis of application,the global food traceability software tools market can be divided into SMEs and large manufacturers.
Product Definition:
Food traceability software tools are used to track the movement of food items through the supply chain. The tools help ensure that food is safe and compliant with regulations. They also help identify potential problems and track down the source of any issues.
SaaS-based:
SaaS-based software tools are gaining popularity in the food traceability industry owing to its cost-effectiveness, ease of use and flexibility. SaaS technology is used for various applications such as inventory management, production tracking and control, packaging & labeling among others.
Web-based:
The global web-based and it's usage in food traceability software tools market size was valued at USD 0.9 million in 2016. The increasing demand for real-time monitoring of supply chain activities coupled with the rising need to reduce overall operational cost is expected to drive the growth over the forecast period.
Increasing adoption of cloud technology across various industry verticals, including retail, FMCG, IT & telecom,.
Application Insights:
The Small and Medium-sized Enterprises (SMEs) application segment accounted for the largest revenue share of over 50% in 2017. The growth can be attributed to the fact that majority of companies prefer to supply products directly to customers from farms, thereby making it easy for them to track product origin. In addition, a large number of SMEs have started using e-commerce portals as an entry point for trading agricultural produce owing to several benefits offered by online retailing such as ease in marketing and advertising, availability of wide range products at cheaper prices due to bulk buying tendency among consumers. This has resulted in increased demand for food traceability software among these small businesses.
The Large Manufacturing Companies (LMCs) segment is expected register a significant CAGR during the forecast period owing t othe growing need amongst these companies torun all their operations efficiently.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as increasing demand for food safety and security, rising concerns over food frauds, and government initiatives pertaining to traceability of agricultural commodities. For instance, in March 2018, Walmart announced that it will use only produce traced through a tracing system that provides information about where products are coming from and how they are grown.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to several upcoming events such as Olympics 2020 Tokyo Japan; FIFA World Cup 2019 Russia;and Cricket world cup 2021 India among others which will boost demand for safe & secure foods among consumers & retailers respectively thereby driving adoption of GS1 System applications across this region – potentially boosting revenue generation opportunities for Trace Alliance Inc.
Growth Factors:
- Increasing demand for food traceability from consumers and retailers
- Government regulations mandating food traceability
- Growing number of food recalls and outbreaks requiring tracing of ingredients and products
- Advances in technology making software tools for tracing foods more efficient and affordable
- Increased awareness among consumers about the importance of food safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Traceability Software Tools Market Research Report
By Type
SaaS-based, Web-based
By Application
SMEs, Lage Manufacturers
By Companies
FoodLogiQ, DEAR Systems, TraceGains, Radley Corporation, Aptean, FarmSoft, Chetu, CAI Software, RFgen Software, Blue Link, ParityFactory, SoftTrace, Minotaur Software, SYSPRO, Chang Hang Software, Wherefour, Safefood 360, APICBASE, bcFood, Produce Pro Software, ReciPal, Recipe Manager
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Food Traceability Software Tools Market Report Segments:
The global Food Traceability Software Tools market is segmented on the basis of:
Types
SaaS-based, Web-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Lage Manufacturers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FoodLogiQ
- DEAR Systems
- TraceGains
- Radley Corporation
- Aptean
- FarmSoft
- Chetu
- CAI Software
- RFgen Software
- Blue Link
- ParityFactory
- SoftTrace
- Minotaur Software
- SYSPRO
- Chang Hang Software
- Wherefour
- Safefood 360
- APICBASE
- bcFood
- Produce Pro Software
- ReciPal
- Recipe Manager
Highlights of The Food Traceability Software Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- SaaS-based
- Web-based
- By Application:
- SMEs
- Lage Manufacturers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Traceability Software Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food traceability software tools are used to track the movement of food products throughout the supply chain. This information can help ensure that food is safe and meets quality standards.
Some of the major companies in the food traceability software tools market are FoodLogiQ, DEAR Systems, TraceGains, Radley Corporation, Aptean, FarmSoft, Chetu, CAI Software, RFgen Software, Blue Link, ParityFactory, SoftTrace, Minotaur Software, SYSPRO, Chang Hang Software, Wherefour, Safefood 360, APICBASE, bcFood, Produce Pro Software, ReciPal, Recipe Manager.
The food traceability software tools market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Traceability Software Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Traceability Software Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Traceability Software Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Traceability Software Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Traceability Software Tools Market Size & Forecast, 2018-2028
4.5.1 Food Traceability Software Tools Market Size and Y-o-Y Growth
4.5.2 Food Traceability Software Tools Market Absolute $ Opportunity
Chapter 5 Global Food Traceability Software Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Food Traceability Software Tools Market Size Forecast by Type
5.2.1 SaaS-based
5.2.2 Web-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food Traceability Software Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Food Traceability Software Tools Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Lage Manufacturers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Traceability Software Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Traceability Software Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Food Traceability Software Tools Analysis and Forecast
9.1 Introduction
9.2 North America Food Traceability Software Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Food Traceability Software Tools Market Size Forecast by Type
9.6.1 SaaS-based
9.6.2 Web-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Food Traceability Software Tools Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Lage Manufacturers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Food Traceability Software Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Food Traceability Software Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Food Traceability Software Tools Market Size Forecast by Type
10.6.1 SaaS-based
10.6.2 Web-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Food Traceability Software Tools Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Lage Manufacturers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Food Traceability Software Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food Traceability Software Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Food Traceability Software Tools Market Size Forecast by Type
11.6.1 SaaS-based
11.6.2 Web-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Food Traceability Software Tools Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Lage Manufacturers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Food Traceability Software Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Food Traceability Software Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Food Traceability Software Tools Market Size Forecast by Type
12.6.1 SaaS-based
12.6.2 Web-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Food Traceability Software Tools Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Lage Manufacturers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Food Traceability Software Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food Traceability Software Tools Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Food Traceability Software Tools Market Size Forecast by Type
13.6.1 SaaS-based
13.6.2 Web-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Food Traceability Software Tools Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Lage Manufacturers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Traceability Software Tools Market: Competitive Dashboard
14.2 Global Food Traceability Software Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FoodLogiQ
14.3.2 DEAR Systems
14.3.3 TraceGains
14.3.4 Radley Corporation
14.3.5 Aptean
14.3.6 FarmSoft
14.3.7 Chetu
14.3.8 CAI Software
14.3.9 RFgen Software
14.3.10 Blue Link
14.3.11 ParityFactory
14.3.12 SoftTrace
14.3.13 Minotaur Software
14.3.14 SYSPRO
14.3.15 Chang Hang Software
14.3.16 Wherefour
14.3.17 Safefood 360
14.3.18 APICBASE
14.3.19 bcFood
14.3.20 Produce Pro Software
14.3.21 ReciPal
14.3.22 Recipe Manager
