The Asia Pacific Food Traceability Market would witness market growth of 9.6% CAGR during the forecast period (2023-2030).
The food traceability market has witnessed significant growth, with many businesses recognizing the strategic importance of implementing traceability systems. The market encompasses various players, from multinational food corporations to small and medium-sized enterprises (SMEs) across various segments such as agriculture, meat and poultry, seafood, dairy, and processed foods. Likewise, food traceability systems are used across the supply chain, from production to distribution to sale. The versatility of these systems enables businesses to enhance visibility, efficiency, and accountability throughout the entire lifecycle of a food product. At the heart of food traceability is the concept of farm-to-fork traceability, which involves tracking and documenting the journey of a product from its origin through every intermediary step until it reaches the consumer. This comprehensive approach allows for monitoring critical information such as production dates, batch numbers, and handling procedures at each stage.
In the agriculture sector, traceability systems play a crucial role in tracking the origin of crops, ensuring compliance with organic or sustainable farming practices, and providing insights into factors like soil conditions and cultivation methods. This level of traceability supports food safety and contributes to the growing demand for transparency regarding the sourcing of raw materials. Likewise, for livestock and seafood, traceability is instrumental in monitoring the health and welfare of animals, complying with animal welfare standards, and addressing concerns related to ethical sourcing. Consumers increasingly seek assurance that their meat and seafood products have been produced responsibly and sustainably.
Numerous standards and regulations govern the Indian dairy industry to guarantee product quality and safety. Implementing traceability systems becomes essential for compliance with these regulations. Traceability enables dairy businesses to maintain detailed records, facilitating easier adherence to regulatory requirements and demonstrating transparency in their operations. As per the data from India’s Ministry of Commerce and Industry, India's export of dairy products was 67,572.99 MT to the worth Rs. 2,269.85 Crores/ 284.65 USD million from 2022-23. Thus, increasing the dairy products industry in the Asia Pacific will drive the growth of the regional market.
The China market dominated the Asia Pacific Food Traceability Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,345.9 million by 2030.The Japan market is exhibiting a CAGR of 8.8% during (2023 - 2030). Additionally, The India market would experience a CAGR of 10.3% during (2023 - 2030).
Based on Software, the market is segmented into Supply Chain Management (SCM), Enterprise Resources Planning (ERP), Warehouse Software, Laboratory Information Systems, and Others. Based on End-use, the market is segmented into Fish, Meat, & Seafood, Dairy Products, Processed Food, Fruits & Vegetables, Bakery & Confectionary, Fruit Pulp & Concentrates, and Others. Based on Type, the market is segmented into Barcodes, Radio Frequency Identification, Global Positioning Systems, Infrared, Biometrics, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Food Traceability Market is Predict to reach $29.4 Billion by 2030, at a CAGR of 9.1%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Cognex Corporation, Honeywell International, Inc., SGS S.A., Zebra Technologies Corporation, Carlisle Technology, Bio-Rad Laboratories, Inc., C.H. Robinson Worldwide, Inc., Optel Group, Bar Code Integrators, Inc., and Food Forensics Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Software
- Supply Chain Management (SCM)
- Enterprise Resources Planning (ERP)
- Warehouse Software
- Laboratory Information Systems
- Others
By End-use
- Fish, Meat, & Seafood
- Dairy Products
- Processed Food
- Fruits & Vegetables
- Bakery & Confectionary
- Fruit Pulp & Concentrates
- Others
By Type
- Barcodes
- Radio Frequency Identification
- Global Positioning Systems
- Infrared
- Biometrics
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Cognex Corporation
- Honeywell International, Inc.
- SGS S.A.
- Zebra Technologies Corporation
- Carlisle Technology
- Bio-Rad Laboratories, Inc.
- C.H. Robinson Worldwide, Inc.
- Optel Group
- Bar Code Integrators, Inc.
- Food Forensics Ltd
TABLE 1 Asia Pacific Food Traceability Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Food Traceability Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Food Traceability Market by Software, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Food Traceability Market by Software, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Supply Chain Management (SCM) Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Supply Chain Management (SCM) Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Enterprise Resources Planning (ERP) Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Enterprise Resources Planning (ERP) Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Warehouse Software Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Warehouse Software Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Laboratory Information Systems Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Laboratory Information Systems Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Food Traceability Market by End-use, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Food Traceability Market by End-use, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Fish, Meat, & Seafood Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Fish, Meat, & Seafood Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Dairy Products Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Dairy Products Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Processed Food Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Processed Food Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Fruits & Vegetables Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Fruits & Vegetables Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Bakery & Confectionary Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Bakery & Confectionary Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Fruit Pulp & Concentrates Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Fruit Pulp & Concentrates Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Food Traceability Market by Type, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Food Traceability Market by Type, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Barcodes Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Barcodes Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Radio Frequency Identification Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Radio Frequency Identification Market by Country, 2023 - 2030, USD Million
TABLE 37 Asia Pacific Global Positioning Systems Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Global Positioning Systems Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Infrared Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Infrared Market by Country, 2023 - 2030, USD Million
TABLE 41 Asia Pacific Biometrics Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Biometrics Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 44 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 45 Asia Pacific Food Traceability Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Food Traceability Market by Country, 2023 - 2030, USD Million
TABLE 47 China Food Traceability Market, 2019 - 2022, USD Million
TABLE 48 China Food Traceability Market, 2023 - 2030, USD Million
TABLE 49 China Food Traceability Market by Software, 2019 - 2022, USD Million
TABLE 50 China Food Traceability Market by Software, 2023 - 2030, USD Million
TABLE 51 China Food Traceability Market by End-use, 2019 - 2022, USD Million
TABLE 52 China Food Traceability Market by End-use, 2023 - 2030, USD Million
TABLE 53 China Food Traceability Market by Type, 2019 - 2022, USD Million
TABLE 54 China Food Traceability Market by Type, 2023 - 2030, USD Million
TABLE 55 Japan Food Traceability Market, 2019 - 2022, USD Million
TABLE 56 Japan Food Traceability Market, 2023 - 2030, USD Million
TABLE 57 Japan Food Traceability Market by Software, 2019 - 2022, USD Million
TABLE 58 Japan Food Traceability Market by Software, 2023 - 2030, USD Million
TABLE 59 Japan Food Traceability Market by End-use, 2019 - 2022, USD Million
TABLE 60 Japan Food Traceability Market by End-use, 2023 - 2030, USD Million
TABLE 61 Japan Food Traceability Market by Type, 2019 - 2022, USD Million
TABLE 62 Japan Food Traceability Market by Type, 2023 - 2030, USD Million
TABLE 63 India Food Traceability Market, 2019 - 2022, USD Million
TABLE 64 India Food Traceability Market, 2023 - 2030, USD Million
TABLE 65 India Food Traceability Market by Software, 2019 - 2022, USD Million
TABLE 66 India Food Traceability Market by Software, 2023 - 2030, USD Million
TABLE 67 India Food Traceability Market by End-use, 2019 - 2022, USD Million
TABLE 68 India Food Traceability Market by End-use, 2023 - 2030, USD Million
TABLE 69 India Food Traceability Market by Type, 2019 - 2022, USD Million
TABLE 70 India Food Traceability Market by Type, 2023 - 2030, USD Million
TABLE 71 South Korea Food Traceability Market, 2019 - 2022, USD Million
TABLE 72 South Korea Food Traceability Market, 2023 - 2030, USD Million
TABLE 73 South Korea Food Traceability Market by Software, 2019 - 2022, USD Million
TABLE 74 South Korea Food Traceability Market by Software, 2023 - 2030, USD Million
TABLE 75 South Korea Food Traceability Market by End-use, 2019 - 2022, USD Million
TABLE 76 South Korea Food Traceability Market by End-use, 2023 - 2030, USD Million
TABLE 77 South Korea Food Traceability Market by Type, 2019 - 2022, USD Million
TABLE 78 South Korea Food Traceability Market by Type, 2023 - 2030, USD Million
TABLE 79 Singapore Food Traceability Market, 2019 - 2022, USD Million
TABLE 80 Singapore Food Traceability Market, 2023 - 2030, USD Million
TABLE 81 Singapore Food Traceability Market by Software, 2019 - 2022, USD Million
TABLE 82 Singapore Food Traceability Market by Software, 2023 - 2030, USD Million
TABLE 83 Singapore Food Traceability Market by End-use, 2019 - 2022, USD Million
TABLE 84 Singapore Food Traceability Market by End-use, 2023 - 2030, USD Million
TABLE 85 Singapore Food Traceability Market by Type, 2019 - 2022, USD Million
TABLE 86 Singapore Food Traceability Market by Type, 2023 - 2030, USD Million
TABLE 87 Malaysia Food Traceability Market, 2019 - 2022, USD Million
TABLE 88 Malaysia Food Traceability Market, 2023 - 2030, USD Million
TABLE 89 Malaysia Food Traceability Market by Software, 2019 - 2022, USD Million
TABLE 90 Malaysia Food Traceability Market by Software, 2023 - 2030, USD Million
TABLE 91 Malaysia Food Traceability Market by End-use, 2019 - 2022, USD Million
TABLE 92 Malaysia Food Traceability Market by End-use, 2023 - 2030, USD Million
TABLE 93 Malaysia Food Traceability Market by Type, 2019 - 2022, USD Million
TABLE 94 Malaysia Food Traceability Market by Type, 2023 - 2030, USD Million
TABLE 95 Rest of Asia Pacific Food Traceability Market, 2019 - 2022, USD Million
TABLE 96 Rest of Asia Pacific Food Traceability Market, 2023 - 2030, USD Million
TABLE 97 Rest of Asia Pacific Food Traceability Market by Software, 2019 - 2022, USD Million
TABLE 98 Rest of Asia Pacific Food Traceability Market by Software, 2023 - 2030, USD Million
TABLE 99 Rest of Asia Pacific Food Traceability Market by End-use, 2019 - 2022, USD Million
TABLE 100 Rest of Asia Pacific Food Traceability Market by End-use, 2023 - 2030, USD Million
TABLE 101 Rest of Asia Pacific Food Traceability Market by Type, 2019 - 2022, USD Million
TABLE 102 Rest of Asia Pacific Food Traceability Market by Type, 2023 - 2030, USD Million
TABLE 103 Key information – Cognex Corporation
TABLE 104 Key Information – Honeywell International, Inc.
TABLE 105 Key Information – SGS S.A.
TABLE 106 Key information – Zebra Technologies Corporation
TABLE 107 Key Information – Carlisle Technology
TABLE 108 Key Information – Bio-Rad Laboratories, Inc.
TABLE 109 Key information – C.H. Robinson Worldwide, Inc.
TABLE 110 Key Information – Optel Group
TABLE 111 Key Information – Bar Code Integrators, Inc.
TABLE 112 Key Information – Food Forensics Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Food Traceability Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Food Traceability Market
FIG 4 Porter’s Five Force Analysis: Food Traceability Market
FIG 5 Asia Pacific Food Traceability Market share by Software, 2022
FIG 6 Asia Pacific Food Traceability Market share by Software, 2030
FIG 7 Asia Pacific Food Traceability Market by Software, 2019 - 2030, USD Million
FIG 8 Asia Pacific Food Traceability Market share by End-use, 2022
FIG 9 Asia Pacific Food Traceability Market share by End-use, 2030
FIG 10 Asia Pacific Food Traceability Market by End-use, 2019 - 2030, USD Million
FIG 11 Asia Pacific Food Traceability Market share by Type, 2022
FIG 12 Asia Pacific Food Traceability Market share by Type, 2030
FIG 13 Asia Pacific Food Traceability Market by Type, 2019 - 2030, USD Million
FIG 14 Asia Pacific Food Traceability Market share by Country, 2022
FIG 15 Asia Pacific Food Traceability Market share by Country, 2030
FIG 16 Asia Pacific Food Traceability Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Cognex Corporation
FIG 18 SWOT Analysis: Honeywell international, inc.
FIG 19 Swot Analysis: SGS S.A.
FIG 20 SWOT Analysis: Zebra Technologies Corporation
FIG 21 Swot Analysis: Bio-Rad Laboratories, Inc.
FIG 22 SWOT Analysis: C.H. Robinson Worldwide, Inc.
FIG 23 SWOT Analysis: Optel Group
FIG 24 SWOT Analysis: BAR CODE INTEGRATORS, INC.
FIG 25 SWOT Analysis: Food Forensics Ltd