Food traceability comprises the skill to recognize and authenticate different stages of food chain from production to distribution. It involves recognizing the source of food and its destination, from everywhere it will be dispersed to end users. This method is necessary for food investigations and is vital in global food trade as multi ingredient food includes materials from mixture of food chain and countries. Food traceability system maintains the proof of the flow of products which are really meant for human use through the production process. Because food production and the distribution is a difficult process the companies believe food traceability system as the top tool to crack all the food-related challenges. Food traceability helps the companies to create fresh food products existing to their consumers, thus serving in reducing food-borne diseases. In several countries, such as the US and UK, consumers are ready to pay more for products having a food traceability and point-of-origin certificate.
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Technologies such as infrared, RFID, biometrics, barcode, NFC and sensors have completed food traceability suitable for companies in the food industry. As food production consists of different stages, including sourcing seeds & fertilizers, farming, harvesting, processing, storage space, transport and retail sales, there are risks linked in it such as contamination, making it imperative to have a food traceability system. The actions involved during this process include identification, link, records of information, collection & storage of information and verification. The “Global Food Traceability Market” is accounted for $11.25 billion in 2017 and is expected to reach $20.95 billion by 2026 growing at a CAGR of 7.15% during the forecast period.
Due to the growth in Food Traceability, Companies are investing in explore and developing latest hardware and software tracing technologies similar to GS1-128 barcode which as the ability to capture extra traceable data such as group number, lot number, retail by date, Use date. The Company contain to make sure that every DCs in their supply chain are capturing and storing all the energetic information carried in the bar code. An additional prevailing trend in the food tracing industry would be digital supply chain in which technologies like projecting analytics, superior visibility over the movement of goods and robotics help the warehouse and distribution centres to trace food professionally. Warehouse managers have planned a warehouse management system with radio frequency guns restricting the person to pick a erroneous product. In case the person picks up a wrong product, a particularly designed gun gives a beep representing wrong product is picked up.
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The transportation management system would be digitized which was handled physically. This is achieved by means of the systems own parameters, standards, data points and expectations, the retailers can provide its suppliers exact delivery time frames using cloud based interconnected solution. This will not only streamline the arrangement process, but it will also give the marvellous amount of tracking information and data. Additional, nonstop developments in consumer electronics have boost the growth of this market.
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Food Traceability market across Asia Pacific regions has huge demand of growth on account of quick development in different applications with new food produce, meat produces and seafood products in developing countries such as India and China. The escalating demand for technologies such as barcodes, RFIS technologies, biometrics, infrared, and GPS in this region. These technologies have diverse applications in dissimilar kind of food products and at unlike stages of the food movement. At present, barcode is used widely for packaged foods, whereas GPS and RFID are used extensively for food involving movement of live feedstock. The swelling growth of the food traceability market in the Asia Pacific attributes to the budding demand for traceability systems or tracking technologies for different applications in sectors like fresh produce & seeds, fisheries, meat & livestock, and others. Countries such as India, South Korea, Australia, Japan and China beside with the rest of the Asia Pacific region are considered in the Asia Pacific food traceability market. The rest of Asia Pacific segment contains remaining Asia Pacific countries. The food traceability market in China is witnessing development due to the supportive government rules and system along with growing research studies in the area. The emerging economy like China is focusing on a legal framework to apply and mandate traceability systems based on administrative system and policy, thereby assisting the market growth.
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