Are you looking to add Food Traceability to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Food Traceability statistics of 2024.
My team and I scanned the entire web and collected all the most useful Food Traceability stats on this page. You don’t need to check any other resource on the web for any Food Traceability statistics. All are here only 🙂
How much of an impact will Food Traceability have on your day-to-day? or the day-to-day of your business? Should you invest in Food Traceability? We will answer all your Food Traceability related questions here.
Please read the page carefully and don’t miss any word. 🙂
On this page, you’ll learn about the following:
Best Food Traceability Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 24 Food Traceability Statistics on this page 🙂Food Traceability Market Statistics
- Estimated food traceability market size worldwide in 2019, by region. [0]
- Estimated worldwide food traceability market size in 2019, by region. [0]
- According to MarketsandMarkets, the food traceability market size is estimated to be valued at USD 16.8 billion in 2020 and projected to reach USD 26.1 billion by 2025, recording a CAGR of 9.1%. [1]
- Food Traceability market is expected to reach $18,528 million by 2024, registering a CAGR of 9.1% from 2018 2024.Food traceability comprise the ability to identify and validate various stages of food chain from production to distribution. [2]
Food Traceability Latest Statistics
- Available to download in PNG, PDF, XLS format 33% off until Jun 30th. [0]
- 80% of fortune 2000 companies rely on our research to identify new revenue sources. [1]
- According to the CDC, 76 million cases of foodborne illnesses are recorded in the US every year, resulting in 325,000 hospitalizations and 5000 deaths. [1]
- An estimated 280,000 people are affected by Campylobacter contamination in chicken annually. [1]
- According to WHO, the consumption of unsafe food caused nearly 600 million cases of foodborne diseases each year globally. [1]
- If we used traceability to reduce foodborne illness by 10 percent, 5 million Americans could avoid sickness. [3]
- Up to 15% of the global Patagonian toothfish catch is being verified and traced through the OpenSC platform. [4]
- Enhanced traceability ensures that the supply chain data is 100% accurate from the forest to the point of export. [5]
- Announcing that cash machines were fitted with sprayers of SmartWater, an invisible gel detectable for years, to mark thieves and their clothing when breaking into or tampering with the machine was found in a 2016 pilot scheme to reduce theft by 90%.[18]. [5]
- Most Popular Fed funds futures traders see 94% likelihood of 75 basis point Fed hike in June, CME data shows How the need for EV battery metals is creating. [6]
- A mere 21% of global reported landings were species specific, with mangrove red snapper. [7]
- The overwhelming bulk (79%) of global Lutjanid production was, however, reported only to the genus . [7]
- This country accounted for 97% of reported snapper imports for 2006–2013, and when combined with domestic production, had the world’s largest snapper supply. [7]
- USdestined exports from Brazil, Honduras, and Trinidad and Tobago for 2006–2013 were approximately 50% lower than US reported imports from these countries. [7]
- The asymmetry in Indonesian exports can likely be attributed to the lack of reported trade data for the country for 2006–2011. [7]
- Thus, by reconstructing trade totals and adding discrepant mirror volumes, we show that snapper imports and exports reported to the FAO for 2006–2013 are underestimated by up to 40% and 73%, respectively. [7]
- Nonetheless, the FAO database does not contain disaggregated data for snapper ‘fillets and other meat’, corresponding to HS heading 0304, which likely leads to underestimations in the FAO’s snapper trade totals. [7]
- Education Frequency Percent Valid High school 71 9.7 University 329 45.1 Masters 178 24.4 PhD 153 20.7. [8]
- Evidence to support this transformation is clear; for instance, the IBM Institute for Business Value found that 73 per cent of consumers surveyed indicated traceability of products is important to them. [9]
- A further 71 per cent of those respondents indicated they are willing to pay a premium for brands that provide it. [9]
I know you want to use Food Traceability Software, thus we made this list of best Food Traceability Software. We also wrote about how to learn Food Traceability Software and how to install Food Traceability Software. Recently we wrote how to uninstall Food Traceability Software for newbie users. Don’t forgot to check latest Food Traceability statistics of 2024.
Reference
- statista – https://www.statista.com/statistics/1260659/food-traceability-market-size-by-world-region/.
- marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/food-traceability-market-103288069.html.
- prnewswire – https://www.prnewswire.com/news-releases/global-food-traceability-market-2020-to-2025—drivers-constraints-and-challenges-301096032.html.
- foodlogiq – https://blog.foodlogiq.com/3-food-safety-stats-for-traceability.
- bcg – https://www.bcg.com/publications/2021/food-traceability.
- wikipedia – https://en.wikipedia.org/wiki/Traceability.
- marketwatch – https://www.marketwatch.com/press-release/global-food-traceability-software-market-growth-statistics-2024-to-2026-competitive-landscape-impact-of-covid-19-on-the-market-top-key-players-and-detailed-analysis-of-market-with-production-capacity-estimates-2024-04-20.
- nature – https://www.nature.com/articles/s41598-017-12301-x.
- nih – https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7999538/.
- theconsumergoodsforum – https://www.theconsumergoodsforum.com/blog/2021/03/16/a-fork-in-the-road-committing-to-food-traceability-in-2021/.
How Useful is Food Traceability
One of the primary benefits of food traceability is the ability to quickly identify and contain food-related outbreaks. In case of a contamination incident, being able to trace the source of the problem allows for targeted recalls and interventions to prevent further spread of the issue. This not only protects consumers from potential harm but also minimizes the economic impact on producers and retailers involved.
Moreover, food traceability can also help build trust between consumers and the food industry. By providing transparent information on the journey of a product from its origin to the store shelves, companies can demonstrate their commitment to quality and safety standards. This, in turn, can enhance brand reputation and customer loyalty, as consumers feel more confident in the products they are purchasing.
Furthermore, traceability also plays a crucial role in supporting sustainability efforts within the food supply chain. By tracking the environmental impact of food production and transportation processes, stakeholders can identify areas for improvement and implement more eco-friendly practices. This can lead to reduced waste, increased efficiency, and ultimately, a lower carbon footprint for the industry as a whole.
In addition, food traceability has the potential to drive innovation and improvement in the food industry. By collecting and analyzing data on the various stages of food production and distribution, stakeholders can identify patterns, optimize processes, and develop new technologies to enhance food safety and quality. This can pave the way for continuous improvement and adaptation to changing consumer preferences and market trends.
However, while the benefits of food traceability are clear, there are also challenges and barriers that need to be addressed. The implementation of traceability systems can be complex and costly, particularly for small-scale producers and farmers. Additionally, interoperability issues between different traceability platforms and standards can hinder the seamless exchange of information along the supply chain.
Moreover, consumer awareness and understanding of food traceability also play a significant role in its effectiveness. Without educated consumers who value and demand traceable products, the incentives for companies to invest in traceability systems may be limited. It is crucial for stakeholders across the food industry to collaborate and educate consumers on the importance of traceability and its implications for food safety and quality.
In conclusion, food traceability is a valuable tool that has the potential to revolutionize the food industry by enhancing safety, quality, sustainability, and consumer trust. While there are challenges to be overcome, the benefits of traceability far outweigh the costs. As we continue to prioritize transparency and accountability in our food systems, investing in traceability will be key to ensuring a healthier, more sustainable future for all.
In Conclusion
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