Global Food Traceability Market (2020 to 2025) - Drivers, Constraints and Challenges
Food Traceability market is expected to reach $18,528 million by 2023, registering a CAGR of 9.1% from 2018-2023.
- Food Traceability market is expected to reach $18,528 million by 2023, registering a CAGR of 9.1% from 2018-2023.
- Food traceability comprise the ability to identify and validate various stages of food chain from production to distribution.
- This system is essential for food investigations and is crucial in global food trade as multi ingredient food includes materials from variety of food chain and countries.
- Since food production and the distribution is a complex process the companies consider food traceability system as the best tool to solve all the food-related challenges.