Traceable value chains & authentication in the APAC food industry, forecast to 2024

reogma|Traceable value chains & authentication in the APAC food industry, forecast to 2024

APAC traceable food market is a dynamic industry and is expected to propel 14.9% CAGR and reach US$ 6.32 billion by 2024. This is primarily due to increasing awareness about food safety among governments and consumers.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Asia Pacific (APAC) food industry is the food and beverage processing industry. Food traceability is defined as the ability to systematically identify a unit of production, track its location, and describe any treatments or transformations at all stages of production, processing, and distribution. It is achieved through proper documentation and record-keeping, along with proper handling protocols during processing, shipping, and receiving, to ensure that products can be tracked accurately.

Due to growing foodborne diseases, adulteration incidents there has been an increase in concern for food safety lead to the adoption of food traceability systems globally.

The primary purpose of food tracking is food safety and prevention from food-borne diseases. Food traceability comprises the capacity to identify and authenticate a variety of stages of the food chain from production to distribution.

It involves recognising the origin of food and its destination, from where it will be distributed to end-users. This system is necessary for food investigations and is crucial in food trade as multi-ingredient food includes materials from a variety of food chains and countries.

reogma|Traceable value chains & authentication in the APAC food industry, forecast to 2024


This report is 20 mins read | Subscribe now to read further.

Access all reports on site for only US$9.99/mo


Leave a Reply

Next Post

Asia Pacific healthcare spending to surge to US$ 2,006B by 2021

Mon Oct 7 , 2019
APAC traceable food market is a dynamic industry and is expected to propel 14.9% CAGR and reach US$ 6.32 billion by 2024. This is primarily due to increasing awareness about food safety among governments and consumers. Definition / Scope Market Overview Market Risks Top Market Opportunities Market Drivers Market Restraints […]
reogma|Traceable value chains & authentication in the APAC food industry, forecast to 2024reogma|Traceable value chains & authentication in the APAC food industry, forecast to 2024

Tags

Tags

Newsletter Signup

Subscribe to our newsletter below and never miss the latest product or an exclusive offer.