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COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Food Traceability Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global food traceability market reached a value of US$ 16.46 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 29.22 Billion by 2027, exhibiting a CAGR of 9.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Food traceability helps track the movement of a food product and its ingredients through all steps in the supply chain, forward and backward. It involves documenting and linking the production, processing, and distribution of different food products and ingredients. It helps governing authorities in product tracing during the outbreak of a foodborne illness to find the source of the product rapidly and where the contamination may have occurred. This enables faster removal of the affected product from the marketplace, thereby reducing incidences of foodborne illnesses. 

 

 
 

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Food Traceability Market Trends:

With the growing global supply chain, food safety is becoming a significant concern for consumers and regulators. This, coupled with the increasing number of deaths on account of food contamination, represents one of the key factors bolstering the growth of the market. Moreover, food traceability is a part of an overall cost-effective quality management system that can also aid in the continuous minimization of the impact of safety hazards. It also facilitates the rapid recall of products and the determination and settlement of liabilities. Besides this, food traceability aids in building trust and increasing certainty in food processing operations. This, along with the rising requirement for transparent information about the entire food chain, supported by modern tracking and tracing methods, is fueling the growth of the market. Furthermore, there is a rise in the adoption of blockchain technologies in food traceability, which enhances the ability to validate and authenticate food origin and improves brand credibility. Additionally, they help prevent fraud, enhance the capacity to better tackle outbreaks, minimize food testing expenses, and increase margins. This is projected to drive the market in the upcoming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global food traceability market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology, equipment, application and end user.

Breakup by Technology:

 

 
 

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  • RFID/RTLS
  • Global Positioning System (GPS)
  • Barcode
  • Infrared
  • Biometrics
     

Breakup by Equipment:

  • PDA with GPS
  • Thermal Printers
  • 2D and 1D Scanners
  • Tags and Labels
  • Sensors
  • Others
     

Breakup by Application:

  • Meat and Livestock
  • Fresh Produce and Seeds
  • Dairy Products
  • Beverage Products
  • Fisheries
  • Others
     

Breakup by End User:

  • Food Manufacturers
  • Warehouse/Pack Farms
  • Food Retailers
  • Government Departments
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bar Code Integrators Inc., C.H. Robinson Worldwide Inc., Carlisle Technology, Cognex Corporation, FoodLogiQ, Honeywell International Inc., Impinj Inc., International Business Machines Corporation, MASS Group, OPTEL Group, SGS S.A. and Zebra Technologies Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Technology, Equipment, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bar Code Integrators Inc., C.H. Robinson Worldwide Inc., Carlisle Technology, Cognex Corporation, FoodLogiQ, Honeywell International Inc., Impinj Inc., International Business Machines Corporation, MASS Group, OPTEL Group, SGS S.A. and Zebra Technologies Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global food traceability market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global food traceability market?
  • What are the key regional markets?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the equipment?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global food traceability market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Food Traceability Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Technology
    6.1    RFID/RTLS
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Global Positioning System (GPS)
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Barcode
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Infrared
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Biometrics
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Equipment
    7.1    PDA with GPS
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Thermal Printers
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    2D and 1D Scanners
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Tags and Labels
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Sensors
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Application
    8.1    Meat and Livestock
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Fresh Produce and Seeds
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Dairy Products
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Beverage Products
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Fisheries
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by End User
    9.1    Food Manufacturers
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Warehouse/Pack Farms
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Food Retailers
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Government Departments
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Bar Code Integrators Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    C.H. Robinson Worldwide Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Carlisle Technology
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Cognex Corporation
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
        15.3.5    FoodLogiQ
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Honeywell International Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Impinj Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
        15.3.8    International Business Machines Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    MASS Group
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    OPTEL Group
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    SGS S.A.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
        15.3.12    Zebra Technologies Corporation
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Food Traceability Market: Major Drivers and Challenges
Figure 2: Global: Food Traceability Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Food Traceability Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Food Traceability Market: Breakup by Technology (in %), 2021
Figure 5: Global: Food Traceability Market: Breakup by Equipment (in %), 2021
Figure 6: Global: Food Traceability Market: Breakup by Application (in %), 2021
Figure 7: Global: Food Traceability Market: Breakup by End User (in %), 2021
Figure 8: Global: Food Traceability Market: Breakup by Region (in %), 2021
Figure 9: Global: Food Traceability (RFID/RTLS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Food Traceability (RFID/RTLS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Food Traceability (Global Positioning System (GPS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Food Traceability (Global Positioning System (GPS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Food Traceability (Barcode) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Food Traceability (Barcode) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Food Traceability (Infrared) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Food Traceability (Infrared) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Food Traceability (Biometrics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Food Traceability (Biometrics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Food Traceability (PDA with GPS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Food Traceability (PDA with GPS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Food Traceability (Thermal Printers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Food Traceability (Thermal Printers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Food Traceability (2D and 1D Scanners) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Food Traceability (2D and 1D Scanners) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Food Traceability (Tags and Labels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Food Traceability (Tags and Labels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Food Traceability (Sensors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Food Traceability (Sensors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Food Traceability (Other Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Food Traceability (Other Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Food Traceability (Meat and Livestock) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Food Traceability (Meat and Livestock) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Food Traceability (Fresh Produce and Seeds) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Food Traceability (Fresh Produce and Seeds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Food Traceability (Dairy Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Food Traceability (Dairy Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Food Traceability (Beverage Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Food Traceability (Beverage Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Food Traceability (Fisheries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Food Traceability (Fisheries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Food Traceability (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Food Traceability (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Food Traceability (Food Manufacturers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Food Traceability (Food Manufacturers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Food Traceability (Warehouse/Pack Farms) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Food Traceability (Warehouse/Pack Farms) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Global: Food Traceability (Food Retailers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Global: Food Traceability (Food Retailers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Global: Food Traceability (Government Departments) Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Global: Food Traceability (Government Departments) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Global: Food Traceability (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Global: Food Traceability (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: North America: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: North America: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: United States: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: United States: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Canada: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Canada: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Asia-Pacific: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Asia-Pacific: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: China: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: China: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Japan: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Japan: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: India: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: India: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: South Korea: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: South Korea: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Australia: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Australia: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Indonesia: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Indonesia: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Europe: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Europe: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Germany: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Germany: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: France: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: France: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: United Kingdom: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: United Kingdom: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Italy: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Italy: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Spain: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Spain: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Russia: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Russia: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Others: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Others: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Latin America: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Latin America: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Brazil: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Brazil: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: Mexico: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 96: Mexico: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 97: Others: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 98: Others: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 99: Middle East and Africa: Food Traceability Market: Sales Value (in Million US$), 2016 & 2021
Figure 100: Middle East and Africa: Food Traceability Market: Breakup by Country (in %), 2021
Figure 101: Middle East and Africa: Food Traceability Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 102: Global: Food Traceability Industry: SWOT Analysis
Figure 103: Global: Food Traceability Industry: Value Chain Analysis
Figure 104: Global: Food Traceability Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Food Traceability Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Food Traceability Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 3: Global: Food Traceability Market Forecast: Breakup by Equipment (in Million US$), 2022-2027
Table 4: Global: Food Traceability Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Food Traceability Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Food Traceability Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Food Traceability Market: Competitive Structure
Table 8: Global: Food Traceability Market: Key Players


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