DUBLIN, October 7, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Packaged Food Traceability Market 2016-2020" report to their offering.
The global packaged food traceability market is forecast to grow at a CAGR of over 8% during the period 2016-2020.
According to the report, the global population is expected to increase at a rapid pace in the future, which is expected to increase the demand for food products. Based on statistics, in 2015 the number of people suffering from malnutrition or starvation was about 956 million worldwide.
Therefore, because of the increase in the global population and the food wastage, the need for efficient cold chains will increase substantially in the future. Therefore, the increased need to reduce the food wastage is one of the key drivers contributing to the growth of the market.
Further, the report states that data privacy and security concerns are major challenges in any organization as devices are connected to the Internet and they use of private and public networks. As critical data are transferred through IoT networks, a highly secured environment needs to be established. Also, IoT network includes multiple devices, which at times may cause interoperability issues.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end user
PART 07: Market segmentation by technology
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/xhw7wc/global_packaged
Research and Markets
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SOURCE Research and Markets