Industry Background:
A food safety monitoring system is used to easily demonstrate food safety monitoring efforts through accurate temperature readings automatically documented in a single, user-friendly platform. Proactive food safety monitoring is critical to take action before noncompliance occurs, track resolution or improvement of food safety hazard controls, and uphold quality standards. According to the study, the global market for food safety monitoring systems is rapidly expanding. As the world's population increases, the intensification and industrialization of agriculture and animal production to meet food demand creates both opportunities and challenges for food safety. Vmoksha Technologies, based in the United States, provides an IONHACCP, food hygiene, and safety management system. Companies can use the system to comply with standards such as Safe Quality Food (SQF), Hazard Analysis and Critical Control Points (HACCP), and ISO 22000. The platform uses cutting-edge technologies such as the Internet of Things (IoT), cloud services, and mobile apps to automate food safety compliance for ingredient suppliers, processors, manufacturers, packaging, retail, and restaurant chains.This growth is primarily driven by Growing Acceptance Due To Integrated Corrective Action Tool With Centralized Documentation
.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | Value (USD Million) |
Dominating Type | Hardware |
Key Companies in Study | Ellab A/S (Denmark), Digi International Inc. (United States), E-Control Systems, Inc. (United States), Sonicu (United States), Monika (United Kingdom), ComplianceMate (United States), Innoflex Pte Ltd. (Singapore), Testo SE & Co. KGaA (Germany), Balluff Inc (United States) and SafetyCulture (Australia) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Inclination towards Automated Monitoring over Manual
. Major Manufacturers, such as Ellab A/S (Denmark), Digi International Inc. (United States), E-Control Systems, Inc. (United States), Sonicu (United States), Monika (United Kingdom), ComplianceMate (United States), Innoflex Pte Ltd. (Singapore), Testo SE & Co. KGaA (Germany), Balluff Inc (United States) and SafetyCulture (Australia) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2022, Digi International and Giant Eagle announced a partnership to stay ahead of the curve on food safety, productivity, and quality control. The partnership will strengthen Giant Eagle’s portfolio and reaffirm its commitment to providing innovative solutions for a high level of food safety. and In September 2021, Mesa Labs, Inc. announced the acquisition of Agena Bioscience, Inc. Mesa expects to finance the all-cash transaction with a combination of cash on hand and proceeds from our credit facility. Agena brings an innovative approach to the challenges of clinical genomics. Their MassArray system is a proven platform that integrates the best of mass spectroscopy and multiplex PCR; providing a unique combination of sensitivity, cost-effectiveness, fast turnaround time, ease of use, and flexibility.
In January 2021, Swift Sensors launch its secure wireless vaccine storage unit monitoring and alert system to enable medical facilities and pharmacies to remotely monitor COVID-19 vaccine storage temperatures, automate data logging, and respond quickly in case of equipment problems or power failure. Each Swift Sensors vaccine package includes at least one wireless remote temperature sensor to relay storage temperature data to an included wireless gateway. and In August 2021, ComplianceMate announced the release of the latest version of the ComplianceMate Food Safety and Back of House Operations software system. A new version of the software can be integrated with customers' existing systems for data analytics and enhance the user experience.
Regulatory Insights:
Every food business is required by law to have a food safety management system in place that identifies potential food hazards. It is necessary to determine which of these hazards must be managed in order to ensure the safety of the food, implement effective control measures and monitoring procedures to reduce the risk of causing harm to users, and keep written records of actions. HACCP is another name for this system (Hazard Analysis and Critical Control Points). To assist food business operators in controlling their food safety management procedures, the Food Standards Agency has developed a variety of food safety management packages for various sectors of the food industry.
Market Drivers
- Growing Acceptance Due To Integrated Corrective Action Tool With Centralized Documentation
- Rapid Shift toward Food Safety and Hygiene in Order to Reduce Food Waste
Market Trend
- Inclination towards Automated Monitoring over Manual
- Huge Addressable Rise in Cost-Efficient Food Safety Monitoring
- Rapid Adoption of Advanced Technology like IoT and AI in Systems
Restraints
- Stringent Regulatory Guidelines on the Food Safety and Packaging
Opportunities
Ongoing Penetration of Advanced and Digital Offerings in Food Manufacturing, Catering, and Food Retailing, Demand for Dood Safety Monitoring to Avoid Harmful Effects of Spoiled Food Consumption on Health and New Developments in Data Security Regimes and Legal Norms Regarding Food Safety and Their Monitoring Requirements
Challenges
Lack of Prevention Infrastructure in Food Processing
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Food Safety Monitoring System Study Sheds Light on
The Food Safety Monitoring System Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Food Safety Monitoring System industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Food Safety Monitoring System industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):
1. What are the years considered in the Food Safety Monitoring System Market?Historical year: 2017-2021; Base year: 2021; Forecast period: 2022 to 2027
2. Who are the key players profiled in the Food Safety Monitoring System Market?Companies that are profiled in Global Food Safety Monitoring System Market are Ellab A/S (Denmark), Digi International Inc. (United States), E-Control Systems, Inc. (United States), Sonicu (United States), Monika (United Kingdom), ComplianceMate (United States), Innoflex Pte Ltd. (Singapore), Testo SE & Co. KGaA (Germany), Balluff Inc (United States) and SafetyCulture (Australia) etc.
3. Why Food Safety Monitoring System industry players are focusing on Food Manufacturer
application?Food Manufacturer
segment in Global market to hold robust market share owing to "Growing Acceptance Due To Integrated Corrective Action Tool With Centralized Documentation
".