Food Traceability Market Size, Share, and Growth Analysis

Global Food Traceability Market

Food Traceability Market By Technology (RFID, Barcode, GPS, Blockchain, Sensors, and Others), By Organization Size (Large & Medium Enterprises and Small Enterprises), By Application, By End User, By Signage Size, By Region -Industry Forecast 2025-2032.


Report ID: SQMIG45C2129 | Region: Global | Published Date: July, 2025
Pages: 198 |Tables: 121 |Figures: 70

Format - word format excel data power point presentation

Food Traceability Market Insights

Global Food Traceability Market size was valued at USD 16.92 Billion in 2023 and is poised to grow from USD 18.43 Billion in 2024 to USD 64.72 Billion by 2032, growing at a CAGR of 11.84% in the forecast period (2025-2032).

Rapid technological advancements, supportive government regulations and shifting consumer preferences are driving the global food traceability market growth. For smarter agriculture, transparent supply chains and better public health outcomes, governments worldwide are putting more and more emphasis on developing, strong food safety infrastructure and implementing traceability technologies.

For instance, as part of its Smart AgriTech initiative, Singapore launched a nationwide food traceability system based on blockchain technology, which is expected to be fully operational by 2024. The system improves consumer confidence and regulatory compliance by enabling real-time tracking of food origin, safety status, and temperature control from farm to fork. The implementation of IoT-enabled tags and QR-code systems, across markets processing facilities and logistics networks has been made easier by strategic partnerships with tech companies like IBM Singapore and ST Engineering.

The global food traceability industry has seen a wave of innovations driven by AI, IoT, and blockchain technologies that revolutionize how food information is captured, stored and analyzed. Predictive analytics for food spoilage, quality control and fraud detection are now made possible by machine learning and AI, while blockchain guarantees transparent and impenetrable records. The potential for real-time data transmission throughout the food value chain was further enhanced in 2024 with the introduction of 5G connectivity allowing for more responsive, and flexible traceability systems.

Why Is AI Integration Important for Food Traceability Systems of the Future?

Since AI makes real-time tracking, predictive insights and automated compliance possible, it is causing a radical change in the global food traceability market outlook. To increase food safety, minimize waste and maximize supply chain efficiency AI-powered traceability platforms make use of a variety of datasets, including temperature, location, expiration dates, and contamination risk factors.

Local food regulators and logistics companies, in London tested AI-enabled cold chain monitoring systems, in two of the biggest food distribution hubs in the city between 2024 and 2025. To stop spoiling, these systems employ machine learning models to identify abnormalities in storage conditions and instantly reroute supply chains. Like this, major American retailers in New York's, urban grocery networks unveiled AI-powered food labels in March 2025. These labels use visual analysis and algorithms for predicting shelf life to provide real-time freshness scores.

Market snapshot - (2025-2032)

Global Market Size

USD 16.92 Billion

Largest Segment

RFID

Fastest Growth

Blockchain

Growth Rate

11.84% CAGR

Food Traceability Market ($ Bn)
Country Share for North America (%)

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Food Traceability Market Segments Analysis

The global food traceability market is segmented into technology, application, organization size, end user, and region. By technology, the market is classified into RFID, barcode, GPS, blockchain, sensors, and others. Depending on organization size, it is bifurcated into large & medium enterprises and small enterprises. According to the application, the market is divided into tracking & tracing, recall management, inventory management, and quality control. As per end user, it is categorized into retail, food manufacturing, logistics, government agencies, and food service providers. Regionally, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

What Makes RFID the Dominant Technology in Food Traceability Systems?

RFID is widely used to track perishable goods with real-time accuracy, it continues to be the leading subsegment under the technology category, according to global food traceability market analysis. RFID tags enable non-line-of-sight scanning, which speeds up inventory audits, reduces human error, and streamlines cold chain monitoring.

For instance, walmart's Jacksonville Supercenter, incorporated RFID-enabled storage and display units, in its dairy and meat sections, as part of its remodeling project in May 2025. Monitoring product freshness, temperature fluctuations and expiration dates, was made simpler by these tags. By giving customers real-time traceability through connected apps and live dashboards, for store managers, RFID deployment significantly improved operational visibility and customer confidence, in product safety.

Due in large part to its transparency and tamper-proof record-keeping the blockchain subsegment is rapidly gaining traction as the fastest-growing technology. Its capacity to preserve an unchangeable record of food handling and sourcing is proving essential in thwarting food fraud and improving, recall procedures throughout international supply chains.

What Makes Tracking & Tracing the Most Popular in Food Traceability Systems?

As the foundation of food traceability systems, that assist stakeholders in tracking food products from source to shelf, tracking and tracing, has the biggest share in the application segment. It is essential for major food producers and retailers to maintain compliance, lower liability, and increase consumer confidence.

For instance, Nestlé, introduced AI-enabled tracking throughout its global dairy supply chain in 2024. They tracked the conditions of raw milk transportation from farms to processing facilities, using GPS and Internet of Things sensors. To improve quality and reduce spoiling the system informed teams of any irregularities during transit.

However, due to stricter food safety laws and the growing financial impact of food recalls, recall management is the application area with the fastest rate of growth. To isolate and remove contaminated products, in a matter of hours rather than days, businesses are investing more and more in rapid response systems driven by blockchain and artificial intelligence.

Food Traceability Market By Technology

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Food Traceability Market Regional Insights

Why Is the Food Traceability Market Led by North America?

According to the global food traceability regional forecast, strict food safety laws, sophisticated cold-chain infrastructure, and growing consumer demand for product transparency are driving the market in North America. The Food Safety Modernization Act (FSMA) of the U.S. Food and Drug Administration (FDA) keeps pressuring businesses to implement digital, end-to-end traceability. U.S.FoodTraceabilityMarket The U.S. food traceability market continues to be a major hub due to investments in blockchain networks, IoT sensors and AI-driven analytics. Food manufacturers and retailers now use dynamic traceability dashboards to monitor temperature, movement, and sourcing in real time.

Canada Food Traceability Market

The traceability market in Canada is expanding quickly, especially in British Columbia and Ontario. Customers can now scan QR codes to obtain information about farm origin, handling conditions and expiration dates thanks to Maple Leaf Foods' 2025, expansion of its blockchain-based traceability system throughout its meat processing facilities.

Why Is Food Traceability Growing at the Fastest Rate in Asia-Pacific?

The market for food traceability that is expanding the fastest is Asia-Pacific. Urbanization, the widespread use of mobile technology, and significant investments in smart agriculture and food safety reforms are the main drivers of this upsurge. The food traceability system market revenue in the Asia-Pacific generated over USD 6.9 billion in 2024. To maintain transparency in varied and dispersed supply chains, retail and logistics companies are implementing AI-driven, multilingual, and culturally relevant systems.

South Korea Food Traceability Market

South Korea is leading innovation in food traceability through AI and automation. In 2024, LG CNS installed smart kiosks in grocery stores and food courts, throughout Seoul that used AI and IoT, to scan ingredients and provide real-time freshness scores. South Korea has established itself as a leader in the adoption of traceability throughout, Asia due to these solutions and the government's dedication to intelligent farming and food integrity.

Japan Food Traceability Market

Japan has developed sophisticated, customer-facing traceability systems by utilizing its pedestrian-focused retail areas. Aeon Retail introduced holographic displays and 3D QR labels, in Tokyo's Shibuya neighborhood at the beginning of 2025. Japan is a unique market for tech-led traceability because of its pursuit of interactive, digitally immersive experiences in the fine-dining and convenience industries.

How Is Europe Handling Food Traceability Innovation and Regulation?

Europe is leading the way in traceability that complies with regulations, striking a balance between innovation and stringent data protection, regulations like GDPR. Investment in blockchain-supported, environmentally friendly and international traceability, platforms has increased because of the EU's Farm to Fork Strategy.

UK Food Traceability Market

Supermarkets and restaurants are increasingly using smart labeling and compliance tools as a result of the UK Food Standards Agency's 2024, tightening of food traceability regulations in the wake of Brexit. Large retailers now frequently have solar-powered traceability panels, and AI-driven freshness monitors.

France Food Traceability Market

France is using context-aware traceability systems to increase food transparency. Smart packaging solutions that react to outside variables like air pollution, delays in transit and storage breaches were implemented in the Paris region in 2025. Traceability providers like Carrefour and JCDecaux, worked together to construct city-wide traceability stations in response to the 2024, Summer Olympics demands for strict food safety regulations, setting a new standard for coordination between the public and private sectors.

Germany Food Traceability Market

Data-driven food traceability combined with AI-powered logistics networks is a top priority for Germany. Customers can scan for ingredient origin, allergen information and delivery history on smart retail platforms that Metro AG and Ströer SE co-launched in Berlin and Munich in 2025. Germany is positioned as a major market for next-generation traceability integration in Europe due to its emphasis on programmable traceability software, local event awareness, and green logistics.

Food Traceability Market By Geography
  • Largest
  • Fastest

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Food Traceability Market Dynamics

Food Traceability Market Drivers

Growing Consumer Awareness and Food Safety Regulations

  • Globally, governments are enforcing stricter regulations on food safety which forces suppliers and manufacturers to put in place digital, transparent traceability systems. Customers also want clarity on sourcing, handling, and expiration, because they are pickier about what they eat. These rules are speeding up the adoption of blockchain, RFID and AI-powered tracking technologies in the retail, processing and logistics sectors for food traceability. The adoption of traceability technology is being accelerated, throughout the value chain by this increased accountability.

Using State-of-the-Art Technologies in Food Supply Chains

  • The combination of cloud analytics, blockchain, IoT, and AI is transforming, how traceability is managed in global food systems. By offering unchangeable data records, automated alerts and real-time visibility, these technologies improve decision-making, quality control, and cost effectiveness. The global expansion of 5G connectivity has enabled faster, and more reliable data transmission, enabling smart traceability at scale.

Food Traceability Market Restraints

Insufficient Uniformity in Worldwide Supply Chains

  • Another major obstacle is the lack of consistent traceability protocols across countries and industries. Without uniform guidelines, data collection and tracking become inconsistent, especially in the cross-border food trade. This lack of standardization hinders the smooth functioning of digital food ecosystems. The potential for food traceability market size, is still underutilized in the absence of standard frameworks, especially for extensive traceability networks.

High Implementation Costs for Small Enterprises

  • High implementation costs, particularly for small businesses, present major challenges for the global food traceability market. Blockchain, IoT sensors, advanced analytics, and other technologies require expensive infrastructure, skilled workers, and continuous maintenance. A recent food traceability industry trend indicates that these expenses have slowed growth among small-scale producers and in developing regions. The global ecosystem for food safety and transparency is fragmented because of limited adoption caused by the inability to afford scalable traceability tools.

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Food Traceability Market Competitive Landscape

Global and regional players vying for market share and technological advancement are fiercely competing in the global food traceability market. Prominent businesses are making significant, investments in cloud-based platforms, blockchain, IoT and AI to improve compliance, traceability and transparency throughout food supply chains. Strategically, mergers and acquisitions are being used to expand into new markets, diversify product lines and fortify local presences. Additionally, businesses are able to create specialized traceability solutions that are suited to particular market demands, thanks to collaborations with regional food producers, logistics companies and regulatory agencies. As companies put themselves at the forefront of the transition, to safer, smarter and more sustainable food systems, these food traceability market strategies are setting the stage for long-term growth and leadership.

  • Founded in 2019, TraceX Technologies uses blockchain technology, to improve pre- and post-harvest traceability, with products like Trace Gro and Trace Pro. Crop tracking inventory management and thorough supply chain supervision, are all supported by their platform. With support from PETRONAS FutureTech, the startup has raised about $1 million.
  • Founded in 2019 by WWF Australia and BCG Digital Ventures, OpenSC tracks individual products, such as beef, and seafood, throughout their whole lifecycle using blockchain technology and QR codes to ensure sustainability and ethical compliance. Customers can now view processing, and origin information by scanning products.

Top Player’s Company Profiles

  • Honeywell International Inc
  • H. Robinson Inc
  • Bio-Rad Laboratories
  • IdentiGEN
  • IBM Corporation
  • Intertek Group
  • Cognex Corporation
  • MASS Group
  • Zebra Technologies
  • SGS SA
  • Optel Group
  • Thermo Fisher Scientific
  • Merit-Trax Technologies

Recent Developments in Food Traceability Market

  • In June 2024, Honeywell International Inc. is still leading the way in the development of barcode and traceability technologies, emphasizing the value of barcodes and digital tracking for food safety, and transparency.
  • In January 2025, the blockchain-based traceability platform, IBM Food Trust, is still a leading solution for end-to-end supply chain transparency. Market reports for 2025 highlight IBM as a major innovator in the industry.
  • In January 2025, Cognex Corporation was acknowledged as a major player in the field of barcode reading and machine vision systems for food traceability which support automation and quality control.

Food Traceability Key Market Trends

Food Traceability Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, growing consumer demand for transparency, stringent regulatory frameworks and growing food safety concerns, are all contributing to the robust growth of the global food traceability market. To guarantee real-time tracking of food products throughout the supply chain, technologies like blockchain, IoT, RFID, and AI are widely adopted. Due to robust regulatory support, North America dominates the market, while Asia-Pacific is expanding at the fastest rate, due to smart logistics and digital agriculture. To increase their reach and enhance compliance, major players are making investments in innovations and establishing strategic alliances. The market is expected to continue growing as awareness of sustainability, quality control, and preventing food fraud rises, influencing the development of safe and traceable global food systems in the future.

Report Metric Details
Market size value in 2023 USD 16.92 Billion
Market size value in 2032 USD 64.72 Billion
Growth Rate 11.84%
Base year 2024
Forecast period (2025-2032)
Forecast Unit (Value) USD Billion
Segments covered
  • Technology
    • RFID, Barcode, GPS, Blockchain, Sensors, Others
  • Organization Size
    • Large & Medium Enterprises and Small Enterprises
  • Application
    • Tracking & Tracing, Recall Management, Inventory Management, Quality Control
  • End User
    • Retail, Food Manufacturing, Logistics, Government Agencies, Food Service Providers
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Honeywell International Inc
  • H. Robinson Inc
  • Bio-Rad Laboratories
  • IdentiGEN
  • IBM Corporation
  • Intertek Group
  • Cognex Corporation
  • MASS Group
  • Zebra Technologies
  • SGS SA
  • Optel Group
  • Thermo Fisher Scientific
  • Merit-Trax Technologies
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Food Traceability Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Food Traceability Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Food Traceability Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Food Traceability Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Food Traceability Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Food Traceability Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Global Food Traceability Market size was valued at USD 16.92 Billion in 2023 and is poised to grow from USD 18.43 Billion in 2024 to USD 64.72 Billion by 2032, growing at a CAGR of 11.84% in the forecast period (2025-2032).

Global and regional players vying for market share and technological advancement are fiercely competing in the global food traceability market. Prominent businesses are making significant, investments in cloud-based platforms, blockchain, IoT and AI to improve compliance, traceability and transparency throughout food supply chains. Strategically, mergers and acquisitions are being used to expand into new markets, diversify product lines and fortify local presences. Additionally, businesses are able to create specialized traceability solutions that are suited to particular market demands, thanks to collaborations with regional food producers, logistics companies and regulatory agencies. As companies put themselves at the forefront of the transition, to safer, smarter and more sustainable food systems, these food traceability market strategies are setting the stage for long-term growth and leadership.'Honeywell International Inc', 'H. Robinson Inc', 'Bio-Rad Laboratories', 'IdentiGEN', 'IBM Corporation', 'Intertek Group', 'Cognex Corporation', 'MASS Group', 'Zebra Technologies', 'SGS SA', 'Optel Group', 'Thermo Fisher Scientific', 'Merit-Trax Technologies'

Globally, governments are enforcing stricter regulations on food safety which forces suppliers and manufacturers to put in place digital, transparent traceability systems. Customers also want clarity on sourcing, handling, and expiration, because they are pickier about what they eat. These rules are speeding up the adoption of blockchain, RFID and AI-powered tracking technologies in the retail, processing and logistics sectors for food traceability. The adoption of traceability technology is being accelerated, throughout the value chain by this increased accountability.

Growing Need for Real-Time, Intelligent Traceability Systems: The need for real-time traceability through blockchain, IoT and AI, is one of the main market trends for food traceability. Companies are spending money on automated data logging and smart sensors to track food quality, location, and compliance in real time. Stricter international food safety laws and consumer demands, for transparency are the main causes of this change.

Why Is the Food Traceability Market Led by North America?

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Global Food Traceability Market
Food Traceability Market

Report ID: SQMIG45C2129

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