Press release
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
Get Your Food Traceability Market Report Here:
https://www.thebusinessresearchcompany.com/report/food-traceability-global-market-report
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.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13054&type=smp
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
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13054
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.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=13054&type=smp
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.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Top Factor Driving Food Traceability Market Growth in 2025: Rising Foodborne Illnesses And Adulteration Concerns Fuel Growth In The Food Traceability Market here
News-ID: 3908276 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Food
Food Ultrasound Market Food Ultrasound Market
According to a new report by InsightAce Analytic, the "Food Ultrasound Market" in terms of revenue was estimated to be worth $156.24 Mn in 2023 and is poised to reach $310.45 Mn by 2031, growing at a CAGR of 9.14% from 2024 to 2031.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1551
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Food Ultrasound Market are:
• Food Safety and Quality Assurance.
• Increasing Consumer…
Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company…
Cookies for Food Services Market Is Booming Worldwide | Finsbury Food Group, Mon …
Cookies for Food Services Market: The extensive research on Cookies for Food Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Cookies for Food Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Global Sports Food Market By Type (Protein Sports Food, Energy Sports Food, Misc …
The Global Sports Food Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Sports Food Market report aims to provide an overview of Sports Food Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Sports Food Market Economy…
Global Packed Food Market 2018 Analysis By Key Players – JBS Food, Kraft Food, …
Summary
WiseGuyReports.com adds “Packed Food Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “Packed Food Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Packed Food Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France).
Global Pet Food…
