Already a member? Login to access this report free.
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 trends in the global market 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, Honeywell International, IBM, TE-Food International and Optel Vision.
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.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||
| Base year market size | $21.8 billion | ||||||||||||||||
| Market size forecast | $38.5 billion | ||||||||||||||||
| Growth rate | CAGR of 10.1% for the forecast period of 2024-2029 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Technology, Component, Equipment Type, Software, Application, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa | ||||||||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, China, India, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, and Argentina | ||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
- Regulatory Imperatives Driving Compliance
- Consumer Demand for Transparency and Accountability
- Technological Advancements Transforming the Sector
- Heightened Focus on Food Safety and Recall Management
- Sustainability as a Core Driver for Traceability.
Analyst Credentials
Kunal R. Nagpure– Consultant-Food & Beverage Research
Kunal Nagpure is an accomplished market researcher with over eight years of experience in the F&B, Environment, and Agriculture markets. He is passionate about using his knowledge to help clients make data-driven decisions and achieve their business objectives. With a keen eye for detail and a strong analytical mindset, Kunal has delivered numerous successful research projects that have enabled clients to gain a competitive edge in their respective markets. Academically, Kunal holds a master’s degree in Marketing and Operations and a bachelor’s degree in Biotech Engineering.
Consulting Editor’s Credentials
Melissa Dueck brings more than 25 years of health industry experience to the consulting analyst role with expertise in pharmaceuticals, medical technologies, and hospital operations. Ms. Dueck holds an MBA in Health Care Management, an MPH in Global Health, and is a pending doctoral candidate. She has authored several industry-specific documents and is a well-respected, trusted contributor to the market intelligence community. Her writings are published in magazines, newspapers, and professional journals. She is also an experienced custom market research writer who has worked with a large variety of clients in many fields who require innumerable variations to research documents. Ms. Dueck serves the health and medical community through emergency room medical training, healthcare information system coordination, program implementation and evaluations, and strategic business oversight planning.
Related Reports
Cold Chain Regional Analysis Market: Middle East and North Africa
The report provides an analysis of the Middle East and North Africa (MENA) cold chain market. Using 2024 as the base year, the report provides estimated market data for 2025 through 2030. The market in this report is segmented by temperature range, technology, applications, and services. It also explores market drivers, challenges, and trends across various applications.
Global Upcycled Food Market
This report presents the global upcycled food market, offering detailed insights into its current scenario and future potential. It includes market projections through 2029, and evaluates the market position of key players.
Active, Controlled, and Intelligent Packaging for Foods and Beverages
The global active, controlled, and intelligent packaging for foods and beverages market should reach $58.8 billion by 2028 from $37.8 billion in 2023 at a compound annual growth rate (CAGR) of 9.2% for the forecast period of 2023 to 2028.
Global Markets and Technologies for Food Safety Testing
The global food safety testing market should reach $27.1 billion by 2026 from $18.9 billion in 2021 at a compound annual growth rate (CAGR) of 7.5% for the forecast period of 2021 to 2026.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Halal Food Regional Market Analysis: Middle East and North Africa
The report provides an analysis of the Middle East and North Africa (MENA) halal food market. Using 2024 as the base year, the report provides estimated market data for 2025 through 2030. It explores various market drivers, such as technological developments, economic influences and strategic business factors. The countries included in the analysis are Saudi Arabia, the United Arab Emirates, Egypt, Iran, the GCC (Gulf Cooperation Council) countries (Qatar, Bahrain, Oman, and Kuwait), and the rest of the MENA region.
Cold Chain Regional Analysis Market: Middle East and North Africa
The report provides an analysis of the Middle East and North Africa (MENA) cold chain market. Using 2024 as the base year, the report provides estimated market data for 2025 through 2030. The market in this report is segmented by temperature range, technology, applications, and services. It also explores market drivers, challenges, and trends across various applications.
The Global Market for Carotenoids
The global market for carotenoids is estimated to increase from $2.1 billion in 2024 to reach $2.9 billion by 2029, at a compound annual growth rate (CAGR) of 6.7% from 2024 through 2029.
Food Traceability: Technologies and Global Markets
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.
Edible Packaging: Global Markets
The global market for edible packaging is expected to grow from $1.1 billion in 2024 to reach $1.5 billion by 2029, at a compound annual growth rate (CAGR) of 5.6% from 2024 through 2029.
Top Trending Reports
Next-Generation Advanced Batteries: Global Markets
The global market for next-generation advanced batteries is estimated to grow from $1.5 billion in 2024 to reach $5.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% from 2024 through 2029.
Global Pharmaceutical Drugs Industry: Competitive Landscape 2023
This report discusses the global pharmaceutical drugs industry and its competitive landscape in terms of significant player market ranking and top pharmaceutical drugs. Company profiles of the top 50 pharmaceutical companies, innovative products and technologies, trends and market dynamics, competitive intelligence, and regional trends are well-researched and analyzed in this report.
Global Markets and Manufacturing Technologies for Protein Drugs
The global protein drugs market is expected to grow from $441.7 billion in 2024 and is projected to reach $655.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2024 to 2029.
Biologic Therapeutic Drugs: Technologies and Global Markets
The global market for biologic therapeutic drugs is estimated to increase from $499.2 billion in 2024 to reach $794.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.7% from 2024 through 2029.
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Report Highlights
The global market for food traceability technologies should reach $15.1 billion by 2021 from $10.7 billion in 2016 at a compound annual growth rate (CAGR) of 7.1%, from 2016 to 2021.
Report Includes
- An overview of the global food traceability market
- Analyses of global market trends, with data from 2015, 2016 and projections of compound annual growth rates (CAGRs) through 2021
- A look at key growing market areas that promise immense opportunities and long-term growth
- Identification and evaluations of key market dynamics and respective impacts across geographies
- Analyses of recent patents
- Profiles of major players in the industry
Report Highlights
The global food traceability market was $7 billion in 2011 and is expected to reach $11 billion in 2016 at an estimated compound annual growth rate (CAGR) of 8.9% from 2011 to 2016.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More