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Food Traceability Market Size is valued at USD 22.10 Billion in 2024 and is predicted to reach USD 63.97 Billion by the year 2034 at a 11.3% CAGR during the forecast period of 2025-2034.
Food Traceability is the process that helps to track any food that will be used for human consumption. Food Traceability allows you to track and record the food history at different stages of food manufacturing, such as processing, packaging, production, and distribution. In addition, it helps to maintain food quality and safety. Different tools are used by the food manufacturers to monitor the food and to perform product recalls. The demand for food traceability has been rising in the market as it reduces food contamination, improves food quality, and records food history.
Major driving factors of the food traceability market are the increasing need for food safety, rising food contaminations and food adulterations, rising need for its applications in various fields such as packaging, logistics, retail, storage, and handling, legislative framework, and government certifications & standardizations. Furthermore, advanced food technologies, growth in the population, increased purchasing power, and a growing number of health-conscious people are enhancing the growth of the food traceability market. However, the high price of tools, complex procedures, lack of strict government laws for food safety is restraining the growth of this market.
The food traceability market is segmented into Products, Applications, End-users, and Regions. The Products segment is further bifurcated into RFID, Barcodes, Infrared, Biometrics, and other Products. The barcodes segment will be in scope due to its low price and advanced technologies. In terms of Applications, the market can be divided into Dairy Products, Meat, Poultry, and Seafood, Beverages, Fresh Produce, and others (grains, seeds, nuts). The meat, Poultry, and Seafood segment is expected to grow at the highest growth rate during forecast years. End-users, the market is segmented into Food Manufacturers, Food Retailers, Government Department Meat, Poultry, and Seafood, Warehouses, and others (Defence and Security Departments, Farmers, Non-Profit Organizations, and Cooperative Organization). Food Manufacturers and Food Retailers are going to dominate the market in the future owing to a high preference for product quality and safety. Based on the region, the food traceability market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The main regions of this market are North America, Asia-Pacific and Europe.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 22.10 Billion |
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Revenue Forecast In 2034 |
USD 63.97 Billion |
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Growth Rate CAGR |
CAGR of 11.3% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Billion and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Products, By Application, By End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; South Korea; South East Asia |
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Competitive Landscape |
Honeywell International Inc, C.H. Robinson Inc, DuPont Nutrition and Biosciences, Bio-Rad Laboratories, IdentiGEN, IBM Corporation, Intertek Group, Cognex Corporation, MASS Group, Zebra Technologies, SGS SA, HarvestMark, Optel Group, Thermo Fisher Scientific, Merit-Trax Technologies, Infor, FoodLogiQ, and other Prominent Players. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Food Traceability Market Snapshot
Chapter 4. Global Food Traceability Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis of Key Food Companies
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Major Investment, Partnerships and Collaborations in Food Traceability Research
4.9. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Products, Estimates & Trend Analysis
5.1. By Products, & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Products:
5.2.1. RFID
5.2.2. Barcodes
5.2.3. Infrared
5.2.4. Biometrics
5.2.5. Other Products
Chapter 6. Market Segmentation 1: By Applications Estimates & Trend Analysis
6.1. By Applications & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Applications:
6.2.1. Dairy Products
6.2.2. Meat, Poultry, and Seafood
6.2.3. Beverages
6.2.4. Fresh Produce
6.2.5. Others (grains, seeds, nuts)
Chapter 7. Market Segmentation 1: By End-Users Estimates & Trend Analysis
7.1. By End-Users & Market Share, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By End-Users:
7.2.1. Food Manufacturers
7.2.2. Food Retailers
7.2.3. Government Department
7.2.4. Warehouses
7.2.5. Others (Defence and Security Departments, Farmers, Non-Profit Organizations, and Cooperative Organization)
Chapter 8. Food Traceability Market Segmentation 3: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Food Traceability Market revenue (US$ Million) estimates and forecasts By Products, 2021 - 2034
8.1.2. North America Food Traceability Market revenue (US$ Million) estimates and forecasts By Applications, 2021 - 2034
8.1.3. North America Food Traceability Market revenue (US$ Million) estimates and forecasts By End-Users, 2021 - 2034
8.1.4. North America Food Traceability Market revenue (US$ Million) estimates and forecasts by country, 2021 - 2034
8.2. Europe
8.2.1. Europe Food Traceability Market revenue (US$ Million) By Products, 2021 - 2034
8.2.2. Europe Food Traceability Market revenue (US$ Million) By Applications, 2021 - 2034
8.2.3. Europe Food Traceability Market revenue (US$ Million) By End-Users, 2021 - 2034
8.2.4. Europe Food Traceability Market revenue (US$ Million) by country, 2021 - 2034
8.3. Asia Pacific
8.3.1. Asia Pacific Food Traceability Market revenue (US$ Million) By Products, 2021 - 2034
8.3.2. Asia Pacific Food Traceability Market revenue (US$ Million) By Applications, 2021 - 2034
8.3.3. Asia Pacific Food Traceability Market revenue (US$ Million) By End-Users, 2021 - 2034
8.3.4. Asia Pacific Food Traceability Market revenue (US$ Million) by country, 2021 - 2034
8.4. Latin America
8.4.1. Latin America Food Traceability Market revenue (US$ Million) By Products, (US$ Million) 2019 - 2031
8.4.2. Latin America Food Traceability Market revenue (US$ Million) By Applications, (US$ Million) 2019 - 2031
8.4.3. Latin America Food Traceability Market revenue (US$ Million) By End-Users, (US$ Million) 2019 - 2031
8.4.4. Latin America Food Traceability Market revenue (US$ Million) by country, (US$ Million) 2021 - 2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Food Traceability Market revenue (US$ Million) By Products, (US$ Million) 2019 - 2031
8.5.2. Middle East & Africa Food Traceability Market revenue (US$ Million) By Applications, (US$ Million) 2019 - 2031
8.5.3. Middle East & Africa Food Traceability Market revenue (US$ Million) By End-Users, (US$ Million) 2019 - 2031
8.5.4. Middle East & Africa Food Traceability Market revenue (US$ Million) by country, (US$ Million) 2021 - 2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Honeywell International Inc
9.2.2. C.H. Robinson Inc
9.2.3. DuPont Nutrition and Biosciences
9.2.4. Bio-Rad Laboratories
9.2.5. IdentiGEN
9.2.6. IBM Corporation
9.2.7. Intertek Group
9.2.8. Cognex Corporation
9.2.9. MASS Group
9.2.10. Zebra Technologies
9.2.11. SGS SA
9.2.12. HarvestMark
9.2.13. Optel Group
9.2.14. Thermo Fisher Scientific
9.2.15. Merit-Trax Technologies
9.2.16. Infor
9.2.17. FoodLogiQ
9.2.18. Other Prominent Player
Global Food Traceability Market Size (Value US$ Mn) & Forecasts and Trend Analyses, Based on Products
Global Food Traceability Market Size (Value US$ Mn) & Forecasts and Trend Analyses, Based on Applications
Global Food Traceability Market Size (Value US$ Mn) & Forecasts and Trend Analyses, Based on End-Users
Global Food Traceability Market Size (Value US$ Mn) & Forecasts and Trend Analyses, Based on Region
North America Food Traceability Market Revenue (US$ Million) by Country,
Europe Food Traceability Market Revenue (US$ Million) by Country,
Asia Pacific Food Traceability Market Revenue (US$ Million) by Country,
Latin America Food Traceability Market Revenue (US$ Million) by Country,
Middle East & Africa Food Traceability Market Revenue (US$ Million) By Country,
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
