Report Highlights

The global market for food traceability is expected to grow from $23.8 billion in 2024 and is projected to reach $38.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.1% during the forecast period of 2024 to 2029.

Report Includes

44 data tables and 49 additional tables

Analyses of global market trends for food traceability technologies, with market revenue data for 2023, estimates for 2024, forecasts for 2025 and projected CAGRs through 2029

Estimates of the market size and revenue growth prospects, along with a market share analysis by technology type, component, equipment type, type of software solution, and region/country

Insights derived from the Porter’s Five Forces model, as well as global supply chain and PESTLE analyses

Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook

Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies

Evaluation of recent patent activity and key granted and published patents

Profiles of leading companies, including Bar Code Integrators Inc., Honeywell International Inc., IBM Corp., TE-Food International GmbH and Optel Vision Inc.

Report Scope

The report analyzes the global markets for food traceability, using 2023 as a benchmark year and offering projections for the forecast period from 2024 to 2029, with estimates of compound annual growth rates (CAGRs). The market size is estimated from the perspective of technology and applications. This report covers many aspects of the food traceability market, including technological advances, economic factors and business considerations. It outlines the market forces impacting the industry and its many technologies and applications, and examines the leading companies engaged in food traceability technology, equipment, software and applications. It examines the factors driving market growth and the regional dynamics influencing the market.