+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Food Traceability Market Size, Share & Trends Analysis Report By Software, By End-use, By Type (Barcodes, Radio Frequency Identification, Global Positioning Systems, Infrared, Biometrics, and Others), By Country and Growth Forecast, 2023 - 2030

  • PDF Icon

    Report

  • 119 Pages
  • January 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5925282
The North America Food Traceability Market would witness market growth of 8.5% CAGR during the forecast period (2023-2030).

The Internet of Things (IoT) has revolutionized traceability by enabling the connection of physical objects to the internet. IoT devices like sensors and RFID tags can be embedded in products and packaging to collect and transmit data in real-time. This real-time data is invaluable for monitoring temperature, humidity, and location throughout the supply chain. AI and ML technologies contribute to the analysis of vast amounts of data generated by traceability systems. These technologies can identify patterns, predict potential issues, and provide actionable insights to improve decision-making. For example, AI algorithms can analyze data to predict the likelihood of a product being affected by a recall.

In addition, the rise of mobile applications and increased smartphone penetration have paved the way for greater consumer engagement in traceability. Mobile apps with scanning features allow consumers to access detailed information about a product by scanning its barcode or QR code. This trend aligns with the growing demand for transparency and the desire among consumers to make informed choices about the products they purchase.

Numerous provinces in Canada cultivate an extensive variety of fruits and vegetables, contributing to the country's agricultural diversity. The expansion of fruit and vegetable production means that traceability systems need to accommodate the unique characteristics and requirements of various crops. According to Statistics Canada's data, fruit and vegetable farm-gate sales rose 13.1% in 2022 to $3.0 billion compared with 2021. Farmers reported higher yields and farm-gate sales for fruit (+15.3%) and vegetables (+11.2%), as all major commodities increased. At the national level, total fruit and vegetable production rose by 6.1% to 3.5 billion kilograms in 2022. Thus, growing food safety and inspections and increasing fruit and vegetable production in North America are expected to boost the region's demand for food traceability systems.

The US market dominated the North America Food Traceability Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,049.2 million by 2030. The Canada market is showcasing a CAGR of 10.9% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 10% 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 U.S., Mexico, Canada, and Rest of North America.

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
  • US
  • Canada
  • Mexico
  • Rest of North America

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

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Food Traceability Market, by Software
1.4.2 North America Food Traceability Market, by End-use
1.4.3 North America Food Traceability Market, by Type
1.4.4 North America Food Traceability Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. North America Food Traceability Market by Software
4.1 North America Supply Chain Management (SCM) Market by Country
4.2 North America Enterprise Resources Planning (ERP) Market by Country
4.3 North America Warehouse Software Market by Country
4.4 North America Laboratory Information Systems Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Food Traceability Market by End-use
5.1 North America Fish, Meat, & Seafood Market by Country
5.2 North America Dairy Products Market by Country
5.3 North America Processed Food Market by Country
5.4 North America Fruits & Vegetables Market by Country
5.5 North America Bakery & Confectionary Market by Country
5.6 North America Fruit Pulp & Concentrates Market by Country
5.7 North America Others Market by Country
Chapter 6. North America Food Traceability Market by Type
6.1 North America Barcodes Market by Country
6.2 North America Radio Frequency Identification Market by Country
6.3 North America Global Positioning Systems Market by Country
6.4 North America Infrared Market by Country
6.5 North America Biometrics Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Food Traceability Market by Country
7.1 US Food Traceability Market
7.1.1 US Food Traceability Market by Software
7.1.2 US Food Traceability Market by End-use
7.1.3 US Food Traceability Market by Type
7.2 Canada Food Traceability Market
7.2.1 Canada Food Traceability Market by Software
7.2.2 Canada Food Traceability Market by End-use
7.2.3 Canada Food Traceability Market by Type
7.3 Mexico Food Traceability Market
7.3.1 Mexico Food Traceability Market by Software
7.3.2 Mexico Food Traceability Market by End-use
7.3.3 Mexico Food Traceability Market by Type
7.4 Rest of North America Food Traceability Market
7.4.1 Rest of North America Food Traceability Market by Software
7.4.2 Rest of North America Food Traceability Market by End-use
7.4.3 Rest of North America Food Traceability Market by Type
Chapter 8. Company Profiles
8.1 Cognex Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Honeywell International, Inc.
8.2.1 Company Overview
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 SGS S.A.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental Analysis
8.3.4 SWOT Analysis
8.4 Zebra Technologies Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 Carlisle Technology
8.5.1 Company Overview
8.6 Bio-Rad laboratories, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 C.H. Robinson Worldwide, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional & Segmental Analysis
8.7.4 SWOT Analysis
8.8 Optel Group
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Acquisition and Mergers:
8.8.3 SWOT Analysis
8.9 Bar Code Integrators, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Food Forensics Ltd
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • 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

Methodology

Loading
LOADING...