What is Seafood Traceability Software?
The software helps to meet the challenge head-on like for seafood distributors is to deploy an automated, cost-effective approach thatís a good fit for current business operations. Consumer demands and government regulations to combat seafood mislabeling and reduce the flow of product from illegal, unreported and unregulated (IUU) fishing in the supply chain have made traceability critically important. The traceability software allows users the capacity to research, track, and store information concerning the makeup of food products. Companies use the software to keep well-documented records of food orders and their origins.
The market study is broken down by Type (Enterprise Resource Planning, Laboratory Information Management Software, Quality Management Software, Warehouse Software, and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Players from United States will contribute to the maximum growth of Global Seafood Traceability Software market throughout the predicted period.
CAI Software LLC (United States), Fish Trax Systems, Inc. (United States), FishWise (United States), Legit Fish Inc. (United States), Maritech (Canada), RFXCEL CORP.(Frequentz) (United States), Sedna Technologies (Canada), ThisFish Inc. (Canada), VERICATCH (Canada) and WiseFish (Iceland) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Seafood Traceability Software market by Type, Application and Region.
On the basis of geography, the market of Seafood Traceability Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud Based will boost the Seafood Traceability Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Warehouse Service Provider will boost the Seafood Traceability Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Due to the increasing number of food recalls, regulators are implementing new food and beverage quality standards and requirements to ensure that the food that enters the supply chain is safe for consumers. Thus, the United States' FDA has implied the Food Safety Modernization Act (FSMA) which strengthened the FDA to force a food recall and suspend facility operations.
- Huge Demand from Food and Beverage Manufacturing Industry
- Increasing concern for Food Safety among Consumers & Governments
- Growing Foodborne Diseases and Food Adulteration Incidents
- Growing Demand in Emerging Economies
- Stringent Governments Regulations For Food Tracing
- Privacy Issues in Data Sharing
- Lack of Awareness from the Underdeveloped Regions
Key Target AudienceFood Traceability Software Developers, Food and Beverage Industry Association, Downstream Vendors, Research and Development Institutes, IT Industry Associations, Government Agencies and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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