FDBusiness.com

A new report by visiongain predicts that the world market for the food traceability technologies will reach $11.15 billion in 2015. This forecast and others appear in Food Traceability Technologies Market 2015-2025, a report published by visiongain, a leading business intelligence provider based in London.

There are several reasons why the food traceability technologies market continues to grow in North America, Europe and Asia. However a major driving force has been the shift in consumer lifestyle towards healthy food consumption and the need to know the origins of food.

Karina Sventitskayte, food industry analyst in visiongain observes: “The traceability technologies market is seen as an industry which will actively develop in all regions of the world. The pace of this development and the scale will largely depend on domestic policies and their ability to invest in the market.”

Visiongain has examined the food traceability technologies market and identified the main driving forces, as well as focused on barriers in development and implementation of new traceability technologies, alongside other various improvements taking place within the market. The report also discusses the performance of the individual food traceability technologies submarkets by type of technology.

Visiongain identified many opportunities and strengths within the current market, such as the fact that it remains open to new technological advances and needs improvement in the global legislative framework since not all the countries have an established food traceability legal basis.

The Food Traceability Technologies Market 2015-2025 report will be of value to current and future potential investors into the global food traceability technologies market and other food processing industries, as well as companies and research centres who wish to broaden their knowledge of the market.

For sample pages and further information visit https://www.visiongain.com/Report/1340/Food-Traceability-Technologies-Market-2015-2025