Press release
United States Food Traceability & Blockchain Solutions Market Poised to Reach US$97.17 billion by 2032 | Global Market Growth Projections
Food Traceability & Blockchain Solutions Market Size 2025
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.
blockchain technology in food traceability. In an era where food scandals make headlines and consumers demand transparency, blockchain is stepping up as a game-changer. It's not just about tracking; it's about building trust in every link of the supply chain. This booming market for blockchain-based food traceability solutions, exploring its growth drivers, regional dominanc
United States: Recent Industry Developments
✅ February 2026: Major food retailers expanded blockchain-based traceability systems to enhance transparency across fresh produce supply chains.
✅ January 2026: Technology providers integrated AI with blockchain platforms to enable real-time contamination alerts and recall management.
✅ December 2025: U.S. food manufacturers accelerated adoption of end-to-end digital traceability solutions to comply with updated food safety regulations.
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Japan: Recent Industry Developments
✅ February 2026: Japanese food exporters implemented blockchain-backed traceability systems to strengthen international trade credibility.
✅ January 2026: Collaboration between agritech startups and retailers improved farm-to-table visibility using distributed ledger technology.
✅ December 2025: Government-backed initiatives promoted blockchain adoption in seafood and specialty food tracking to ensure authenticity and safety.
Major Top Key Players:
IBM Food Trust, VeChain, Tracefood, TraceX Technologies, Microsoft, TE-FOOD, Wholechain, FoodLogiQ, OpsSmart, Decapolis
Key Developments:
🔹 North America - 38.45%
Leads the global market, driven by strict food safety regulations, early blockchain adoption, and strong presence of major retail and food processing companies.
🔹 Europe - 26.30%
Strong regulatory frameworks and sustainability initiatives across the EU accelerate blockchain-enabled transparency and compliance tracking.
🔹 Asia-Pacific - 22.15%
Rapid growth fueled by expanding food exports, digital transformation initiatives, and government-backed food safety modernization programs.
🔹 Middle East & Africa - 7.05%
Increasing investments in food security, import traceability, and smart supply chain technologies support steady adoption.
🔹 South America - 6.05%
Growing demand for export traceability in agriculture and livestock sectors drives regional market expansion.
Growth Forecast Projected:
The Global Food Traceability and 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.
Latest Mergers & Acquisitions (M&A)
Agridence acquired Farmer Connect, integrating Geneva-based traceability platform into its digital supply chain offerings for enhanced traceability and compliance
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Key Segmentations:
software segment dominated the global food traceability & blockchain solutions market, accounting for the largest revenue share of 42.34% in 2024
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
Regional Analysis for Market:
🔹 North America - 34%
Leading the market due to strong regulatory frameworks (FSMA compliance), early blockchain adoption, and major investments by food retailers and agri-tech companies.
🔹 Europe - 27%
Driven by strict food safety standards, sustainability initiatives, and digital transformation across food processing and retail sectors.
🔹 Asia-Pacific - 23%
Fastest-growing region, supported by expanding food exports, rising food fraud concerns, and rapid adoption of digital supply chain technologies.
🔹 Middle East & Africa - 9%
Growth fueled by import dependency, food security initiatives, and increasing government-backed traceability programs.
🔹 South America - 7%
Emerging adoption, particularly in agricultural exports where traceability compliance improves global trade competitiveness.
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Growth Drivers
✅ Stringent Regulations: Governments are tightening food safety laws. The U.S. FSMA and the EU's Digital Product Passport require detailed, end-to-end traceability, making blockchain's secure and tamper-proof records ideal for faster audits and reduced compliance risks.
✅ Growing Consumer Transparency Demand: Consumers increasingly want proof of origin, sustainability, and authenticity. QR-enabled blockchain tracking builds trust, strengthens brand loyalty, and supports premium pricing.
✅ Complex Global Supply Chains: Cross-border food movement increases tracking challenges. Blockchain enables real-time data sharing across stakeholders, reduces waste, and accelerates recall processes.
✅ Technology Integration: Combining blockchain with IoT sensors, AI analytics, and cloud platforms enhances monitoring, predictive insights, and scalability-cutting trace-back times from days to seconds.
✅ Rising Food Safety Investments: Post-pandemic concerns over food fraud and wastage have driven strong government and VC investments in agri-tech, accelerating blockchain adoption across the food ecosystem.
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✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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