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EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET FORECAST 2022-2030

The Europe track & trace in food & beverage market is anticipated to grow with a CAGR of 19.60% during the forecast period, 2022-2030, and is expected to generate $1077.82 million in revenue by 2030.

EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET FORECAST 2022-2030

Europe Track & Trace in Food & Beverage Market by Product (Hardware Systems, Software Solutions) Market by Technology (Barcode, Radio Frequency Identification) Market by Application (Serialization Solutions, Aggregation Solutions) Market by End-user (Dairy Products, Meat, Poultry & Seafood, Beverages, Other End-users) by Geography

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The Europe track & trace in food & beverage market is anticipated to grow with a CAGR of 19.60% during the forecast period, 2022-2030, and is expected to generate $1077.82 million in revenue by 2030.

The increasing government investment and favorable policies for safe food have augmented food sustainability and productivity. The Europe track and trace in food and beverage market is expected to witness targeted advancements in improved consumer health, food safety solutions, and sustainability during the forecast period. Moreover, with the rising concerns regarding GMOs and the potential health risks of consuming GMO-contaminated foods, the demand for traceability services is expected to increase.

Europe Track & Trace In Food And Beverage Market

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The Europe track & trace in food & beverage market growth assessment entails the analysis of Spain, Belgium, United Kingdom, Italy, Germany, France, Switzerland, and Rest of Europe. A recent survey by the United Kingdom Food Standards Agency noted that approximately 75% of the consumers are concerned with food product quality. Further, consumers are willing to obtain sufficient information on the products before purchasing, which has enhanced the value chain. The United Kingdom government is increasingly investing in new food traceability solutions to encourage traceable technologies to prevent food recalls. This step is expected to attract more players in the domestic market and drive growth in the forecast years.

Furthermore, Germany provides funding for research and development in food traceability and safety, thereby helping its development and quick market introduction. The food traceability market in Germany has expanded in the last few years by advancing new technologies in the industry. However, products such as grains, fruits, vegetables, and processed foods recently had contamination cases by pathogenic microorganisms such as bacteria, which led to more than 40% of the product recall in Germany. Hence, food traceability is important and has major potential in the market to improve efficiency and reduce product recalls.

The Europe track & trace in food & beverage market segmentation assessment entails application, product, end-user, and technology. Market by product can be further segmented into hardware systems and software solutions.

Hardware systems used in track & trace solutions include labeling solutions, monitoring & verification solutions, RFID readers, check-weighers, printing and marking solutions, and barcode scanners. Moreover, the demand and adoption rate of printing and marking solutions is very high and represents a major factor contributing to the higher revenue share. Printing and marking solutions systems are also required to print texts, data matrix codes, best-before dates, tracking & quality assurance data, batch numbers, and other required information. The needed data is encoded in machine-readable language through ink or laser.

Furthermore, the adoption of track & trace software solutions is growing due to technology and product advancements. The software developing companies significantly invest in R&D for better product development. Track & trace is integrated with plant manager software for seamless allocation of work instructions to production lines and to manage the received information from the production lines in real time. Whereas the line controller software configures line devices, oversees the production line work orders, and provides access to accurate production formats from the site databases.

Some key players in the Europe track & trace in food & beverage market include INEXTO, Siemens AG, Antares Vision, Korber AG, Marel, etc.

Antares Vision SpA is an Italy-based technology company that provides traceability solutions, vision control systems, and related services for the pharma, food, glass, and printing markets. It designs, manufactures, installs, and maintains serialization and inspection systems & machines, both stand-alone and integrated. The company operates globally and is headquartered in Italy.

Antares’ food track & trace equipment includes manual serialization, automatic serialization, and aggregation. The software allows warehouse tracking systems and other tracking solutions.

 

REPORT SYNOPSIS

Report Scope Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Product, Application, Technology, End-User
Countries Analyzed United Kingdom, Germany, France, Italy, Spain, Belgium, Switzerland, Rest Of Europe
Companies Analyzed

HCL Technologies, Optel Group, VISIOTT, Zebra Technologies Corporation, Siemens AG, Korber AG, CH Robinson, TraceX Technologies, Trace Food, Marel, Adents (Antares Vision), Inexto, HarvestMark, Antares Vision SpA, rfXcel Corporation (Antares Vision)

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • PARENT MARKET ANALYSIS: TRACK & TRACE MARKET
      • DEVELOPMENT OF TRACK & TRACE MARKET
      • KEY DRIVERS
        • CONSUMER CONCERNS ABOUT FOOD SAFETY
        • RISE IN FOOD PRODUCT RECALLS AND CONTAMINATION CASES
        • INITIATIVES BY REGULATORY BODIES TO IMPROVE FOOD SAFETY ACROSS COUNTRIES
      • KEY RESTRAINTS
        • DEARTH OF BASIC INFRASTRUCTURE IN DEVELOPING COUNTRIES
        • DIFFICULTY IN DATA COLLECTION AND NEED FOR MORE ACCURATE INFORMATION
        • COST REQUIREMENTS FOR TRACEABILITY SYSTEMS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON TRACK & TRACE IN FOOD & BEVERAGE MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • REGULATORY FRAMEWORK
    2. MARKET BY PRODUCT
      • HARDWARE SYSTEMS
        • PRINTING AND MARKING SOLUTIONS
        • MONITORING AND VERIFICATION SOLUTIONS
        • LABELING SOLUTIONS
        • OTHER HARDWARE SYSTEMS
      • SOFTWARE SOLUTIONS
        • PLANT MANAGER SOFTWARE
        • LINE CONTROLLER SOFTWARE
        • BUNDLE TRACKING SOFTWARE
        • OTHER SOFTWARE SOLUTIONS
    1. MARKET BY TECHNOLOGY
      • BARCODE
      • RFID (RADIO FREQUENCY IDENTIFICATION)
    2. MARKET BY APPLICATION
      • SERIALIZATION SOLUTIONS
        • BOTTLE SERIALIZATION
        • LABEL SERIALIZATION
        • CARTON SERIALIZATION
        • DATA MATRIX SERIALIZATION
      • AGGREGATION SOLUTIONS
        • BUNDLE AGGREGATION
        • CASE AGGREGATION
        • PALLET AGGREGATION
    1. MARKET BY END-USER
      • DAIRY PRODUCTS
      • MEAT, POULTRY & SEAFOOD
      • BEVERAGES
      • OTHER END-USERS
    2. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • SPAIN
          • BELGIUM
          • SWITZERLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ADENTS (ANTARES VISION)
        • ANTARES VISION SPA
        • CH ROBINSON
        • HARVESTMARK
        • HCL TECHNOLOGIES
        • INEXTO
        • KORBER AG
        • MAREL A
        • OPTEL GROUP
        • RFXCEL CORPORATION (ANTARES VISION)
        • SIEMENS AG
        • TRACE FOOD
        • TRACEX TECHNOLOGIES
        • VISIOTT
        • ZEBRA TECHNOLOGIES CORPORATION

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – TRACK & TRACE IN FOOD & BEVERAGE

    TABLE 2: REGULATORY FRAMEWORK

    TABLE 3: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 4: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 5: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY HARDWARE SYSTEMS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 6: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY HARDWARE SYSTEMS, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 7: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY SOFTWARE SOLUTIONS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 8: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY SOFTWARE SOLUTIONS, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 9: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 10: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY TECHNOLOGY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 11: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 12: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 13: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY SERIALIZATION SOLUTIONS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 14: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY SERIALIZATION SOLUTIONS, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 15: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY AGGREGATION SOLUTIONS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 16: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY AGGREGATION SOLUTIONS, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 17: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 18: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 19: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 20: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 21: LEADING PLAYERS OPERATING IN EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET

    TABLE 22: LIST OF MERGERS & ACQUISITIONS

    TABLE 23: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 24: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 25: LIST OF BUSINESS EXPANSIONS & DIVESTITURES                        

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2021

    FIGURE 6: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY HARDWARE SYSTEMS, 2022-2030 (IN $ MILLION)

    FIGURE 7: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY HARDWARE SYSTEMS, IN 2021

    FIGURE 8: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY PRINTING AND MARKING SOLUTIONS, 2022-2030 (IN $ MILLION)

    FIGURE 9: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY MONITORING AND VERIFICATION SOLUTIONS, 2022-2030 (IN $ MILLION)

    FIGURE 10: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY LABELING SOLUTIONS, 2022-2030 (IN $ MILLION)

    FIGURE 11: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY OTHER HARDWARE SYSTEMS, 2022-2030 (IN $ MILLION)

    FIGURE 12: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY SOFTWARE SOLUTIONS, 2022-2030 (IN $ MILLION)

    FIGURE 13: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY SOFTWARE SOLUTIONS, IN 2021

    FIGURE 14: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY PLANT MANAGER SOFTWARE, 2022-2030 (IN $ MILLION)

    FIGURE 15: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY LINE CONTROLLER SOFTWARE, 2022-2030 (IN $ MILLION)

    FIGURE 16: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY BUNDLE TRACKING SOFTWARE, 2022-2030 (IN $ MILLION)

    FIGURE 17: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY OTHER SOFTWARE SOLUTIONS, 2022-2030 (IN $ MILLION)

    FIGURE 18: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2021

    FIGURE 19: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY BARCODE, 2022-2030 (IN $ MILLION)

    FIGURE 20: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY RFID, 2022-2030 (IN $ MILLION)

    FIGURE 21: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021

    FIGURE 22: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY SERIALIZATION SOLUTIONS, 2022-2030 (IN $ MILLION)

    FIGURE 23: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY SERIALIZATION SOLUTIONS, IN 2021

    FIGURE 24: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY BOTTLE SERIALIZATION, 2022-2030 (IN $ MILLION)

    FIGURE 25: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY LABEL SERIALIZATION, 2022-2030 (IN $ MILLION)

    FIGURE 26: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY CARTON SERIALIZATION, 2022-2030 (IN $ MILLION)

    FIGURE 27: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY DATA MATRIX SERIALIZATION, 2022-2030 (IN $ MILLION)

    FIGURE 28: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY AGGREGATION SOLUTIONS, 2022-2030 (IN $ MILLION)

    FIGURE 29: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY AGGREGATION SOLUTIONS, IN 2021

    FIGURE 30: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY BUNDLE AGGREGATION, 2022-2030 (IN $ MILLION)

    FIGURE 31: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY CASE AGGREGATION, 2022-2030 (IN $ MILLION)

    FIGURE 32: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY PALLET AGGREGATION, 2022-2030 (IN $ MILLION)

    FIGURE 33: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

    FIGURE 34: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY DAIRY PRODUCTS, 2022-2030 (IN $ MILLION)

    FIGURE 35: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY MEAT, POULTRY & SEAFOOD, 2022-2030 (IN $ MILLION)

    FIGURE 36: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY BEVERAGES, 2022-2030 (IN $ MILLION)

    FIGURE 37: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)

    FIGURE 38: EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

    FIGURE 39: UNITED KINGDOM TRACK & TRACE IN FOOD & BEVERAGE MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 40: GERMANY TRACK & TRACE IN FOOD & BEVERAGE MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 41: FRANCE TRACK & TRACE IN FOOD & BEVERAGE MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 42: ITALY TRACK & TRACE IN FOOD & BEVERAGE MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 43: SPAIN TRACK & TRACE IN FOOD & BEVERAGE MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 44: BELGIUM TRACK & TRACE IN FOOD & BEVERAGE MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 45: SWITZERLAND TRACK & TRACE IN FOOD & BEVERAGE MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 46: REST OF EUROPE TRACK & TRACE IN FOOD & BEVERAGE MARKET, 2022-2030 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • SPAIN
          • BELGIUM
          • SWITZERLAND
          • REST OF EUROPE
    1. MARKET BY PRODUCT
      • HARDWARE SYSTEMS
        • PRINTING AND MARKING SOLUTIONS
        • MONITORING AND VERIFICATION SOLUTIONS
        • LABELING SOLUTIONS
        • OTHER HARDWARE SYSTEMS
      • SOFTWARE SOLUTIONS
        • PLANT MANAGER SOFTWARE
        • LINE CONTROLLER SOFTWARE
        • BUNDLE TRACKING SOFTWARE
        • OTHER SOFTWARE SOLUTIONS
    1. MARKET BY TECHNOLOGY
      • BARCODE
      • RFID (RADIO FREQUENCY IDENTIFICATION)
    2. MARKET BY APPLICATION
      • SERIALIZATION SOLUTIONS
        • BOTTLE SERIALIZATION
        • LABEL SERIALIZATION
        • CARTON SERIALIZATION
        • DATA MATRIX SERIALIZATION
      • AGGREGATION SOLUTIONS
        • BUNDLE AGGREGATION
        • CASE AGGREGATION
        • PALLET AGGREGATION
    1. MARKET BY END-USER
      • DAIRY PRODUCTS
      • MEAT, POULTRY & SEAFOOD
      • BEVERAGES
      • OTHER END-USERS

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    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


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