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Top Factor Driving Food Traceability Market Growth in 2025: Rising Foodborne Illnesses And Adulteration Concerns Fuel Growth In The Food Traceability Market
Food Traceability Market
The food traceability market's growth is anticipated to spike due to the escalating instances of foodborne illnesses and food adulteration. These infections caused by food contaminated with dangerous pathogens are a matter of major concern. Food adulteration, on the other hand, involves the integration of substandard or deadly substances in food items, misleading consumers, and jeopardizing their health. Consumers are opting for trustworthy and safe products and are relying on food traceability to identify sources of contamination and ensure proper handling, thereby enhancing transparency in the supply chain. For illustration, the Department of Health in the Philippines reported a whopping 162% spike in typhoid fever cases in 2022, with the count escalating to 15,092 from 5,758 in 2021. Thus, rising occasions of food adulteration and foodborne diseases are fueling the progress of the food traceability market. Food Traceability Market Driver: An Upsurge in Demand for Sustainable Food Propels Market Growth
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What growth opportunities are expected to drive the food traceability market's CAGR through 2034?
The size of the food traceability market has experienced fast-paced growth recently. It is projected to increase from $23.3 billion in 2024 to $25.74 billion in 2025, with a compound annual growth rate (CAGR) of 10.4%. The surge in growth during the historic period is a result of factors such as the consumer's desire for transparency, the globalization of food supply, the occurrence of foodborne illnesses, and the introduction of IOT and sensors.
Expectations are high for accelerated expansion in the food traceability market size in the following years. The market is projected to expand to a value of $39.17 billion by 2029, experiencing a compound annual growth rate (CAGR) of 11.1%. This anticipated growth within the forecast period can be credited to factors such as adoption of blockchain, global traceability platforms, integration of a circular economy, and increased consumer engagement. The forecast period is also expected to witness major trends including real-time traceability, implementation of artificial intelligence (AI) and machine learning (ML), and advancements in technology.
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What are the most significant trends transforming the food traceability market today?
Leading enterprises within the food traceability industry have begun utilizing blockchain technologies to handle a variety of issues and acquire a market advantage. These technologies play a crucial role in improving transparency and safety across the food supply sequence. For example, OVO Farm Pvt. Ltd., an Indian company specializing in eggs and related products, introduced a distinctive blockchain technology in May 2023 that aids in tracing their eggs throughout the supply chain, from the farm right up to the end consumer. Through its flagship brand Kenko, OVO Farm offers superior, fresh, and sanitised eggs, the authenticity of which can be checked by scanning the QR code on each product. Utilizing this blockchain technology, the company ensures that the right products reach the customers and the quality is maintained.
Which growth-oriented segments of the food traceability market are leading the industry's development?
The food traceability market covered in this report is segmented -
1) By Technology: Radio-Frequency Identification, Barcodes, Infrared, Biometrics, Global Positioning System
2) By Software: Enterprise Resource Planning (ERP), Friction Welding, Laboratory Information Management Software (LIMS), Warehouse Software, Other Types
3) By Application: Fresh Food Produce, Meat, Poultry And Seafood Products, Dairy Products, Beverage Products, Other Applications
Subsegments:
1) By Radio-Frequency Identification (RFID): Active RFID, Passive RFID, Semi-passive RFID
2) By Barcodes: 1D Barcodes, 2D Barcodes, QR Codes
3) By Infrared: Infrared Sensors, Infrared Thermography
4) By Biometrics: Fingerprint Recognition, Iris Recognition, Facial Recognition
5) By Global Positioning System (GPS): GPS Tracking Devices, GPS-Based Location Services
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What regions are leading the charge in the food traceability market?
North America was the largest region in the food traceability market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in food traceability market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the food traceability market?
Major companies operating in the food traceability market are Carrefour Group, International Business Machines Corp., Oracle Systems Corporation, Honeywell International Inc., C.H. Robinson Worldwide Inc., Motorola Solutions Inc., Avery Dennison Corporation, SGS SA, Carlisle Companies Inc., Zebra Technologies Corp., Bio-Rad Laboratories Inc., Cognex Corporation, ANTARES VISION S.p.A., The Riverside Co. (FoodLogiQ), OPTEL GROUP, SMAG, iTradeNetwork Inc., Rfxcel Corporation, TrusTrace (Swin Technologies AB), SourceTrace Systems India Pvt Ltd., Merit-Trax Technologies Inc., Bext360 Holdings Inc., Mass Group Inc., Traceall Global Ltd., Bar Code Integrators Inc., Covectra Inc., TE-FOOD International GmbH, Damselfly Solutions Inc., HeavyConnect, Minespider AG.
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What Is Covered In The Food Traceability Global Market Report?
• Market Size Forecast: Examine the food traceability market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the food traceability market for a structured understanding.
• Key Players Overview: Analyze major players in the food traceability market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the food traceability market.
• Segment Contributions: Evaluate how different segments drive overall growth in the food traceability market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the food traceability market.
• Industry Challenges: Identify potential risks and obstacles affecting the food traceability market.
• Competitive Landscape: Review strategic developments in the food traceability market, including expansions, agreements, and new product launches.
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