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Global Food Traceability Market - a $19.70 Billion Opportunity, Reveals New Report

2015-08-21 20:04:34| Logistics - Topix.net

Due to Increasing awareness among the consumers, strict goverment role in the traceability process, product loyalty, certifications and standardizations are the factors driving the market growth, the global food traceability market is expected to grow at a compound annual growth rate of 12.28% and reach US$19.7 billion by 2022 from $7.8 billion in 2014. Increasing adoption of Warehouse Management Software , Cloud Computing, Quality Management Solutions, Enterprise Resource Planning are also adding up to the market growth.

Tags: new report market food

Category:Transportation and Logistics

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