Food Traceability and Blockchain Solutions Market is set to strong growth to US$97.17 billion by 2032, growing at a CAGR of 11.2% - North America dominate the largest share | Key Players:- IBM Food Trust, VeChain, TraceX Technologies.

The global food traceability & blockchain solutions market reached US$37.37 billion in 2023, rising to US$41.56 billion in 2024 and is expected to reach US$97.17 billion by 2032, growing at a CAGR of 11.2% from 2025 to 2032.

The food traceability & blockchain solutions market is growing due to rising consumer demand for food safety, stricter regulatory compliance, supply chain transparency, reduction in food fraud, technological advancements, and increasing adoption of blockchain for efficient, secure, and real-time tracking.

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United States: Key Industry Developments:-
✅ October 2025: Cloud-based and RFID-enabled traceability systems experienced strong growth in adoption by major U.S. retailers and e-commerce platforms, enhancing end-to-end data visibility from farm to retail for blockchain food traceability solutions.

✅ September 2025: ReposTrak expanded its SaaS traceability network by onboarding 50 new suppliers, bolstering FDA compliance through improved data exchange and blockchain-enabled food safety tracking.

Japan: Key Industry Developments:-
✅ November 2025: Japanese firms integrated blockchain with IoT for seafood traceability pilots, aligning with stricter import regulations and consumer demands for origin verification in the food supply chain.

✅ October 2025: Leading blockchain providers in Japan launched subscription-based platforms for dairy and meat sectors, focusing on tamper-proof tracking to reduce contamination risks and support sustainability goals.

Key FDA 2025 :-
1. FDA's Food Traceability Rule (FSMA Section 204)
The FDA continues implementing the Food Traceability Rule, which requires detailed recordkeeping of key data elements and critical tracking events across the supply chain effectively pushing food companies to adopt digital systems (including blockchain) to comply.

2. Proposed Extension of Compliance Deadline
In 2025, the FDA proposed extending the compliance date of the Food Traceability Rule from January 20, 2026 to July 20, 2028 due to industry feedback. This gives supply chain and blockchain solution providers more time to align systems with regulatory requirements.

3. "New Era of Smarter Food Safety" Blueprint Tech-Enabled Traceability
The FDA's New Era of Smarter Food Safety initiative explicitly prioritizes tech-enabled traceability, encouraging digital and interoperable solutions (like blockchain, IoT and analytics) to improve recall responsiveness and food safety.

4. FDA's Low‐ or No‐Cost Traceability Challenge Winners (2025)
FDA highlighted winners of a traceability technology challenge including blockchain‐capable platforms like Wholechain demonstrating government support for innovative traceability systems that help stakeholders meet regulatory goals.

Growth Forecast:-
The food traceability & blockchain solutions market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:
Both primary and secondary data sources have been used in the food traceability & blockchain solutions market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Consumer Benefits:-
Enhanced Trust: Immutable ledgers verify organic claims, certifications, and contamination-free paths, reducing reliance on intermediaries.​

Safety Assurance: Real-time tracking of perishable goods via IoT-blockchain integration minimizes spoilage risks for dairy, seafood, and produce.​

Informed Choices: Access to provenance data empowers purchases of authentic imports like specialty coffee, countering counterfeits.

Companies and Competitive Landscape
IBM Food Trust, VeChain, TraceX Technologies, TE-FOOD, FoodLogiQ & others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Market segmentation-

By Component (Software, Hardware, Services),
By Technology (Radio Frequency Identification, Barcodes, Infrared, Biometrics, Global Positioning Systems, Others),
By Deployment Mode (Cloud-based, On-premise, Hybrid),
By Application (Meat & Livestock, Seafood, Fruits & Vegetables, Dairy, Others)

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FAQs -
1. What is the market size of the food traceability & blockchain solutions market?
It reached USD 41.56 billion in 2024 and will reach USD 97.17 billion by 2032.

2. What is the primary growth driver of this market?
Increasing food safety regulations and demand for supply-chain transparency.

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