Asia Pacific Food Traceability Market Size & Outlook
Asia Pacific food traceability market, 2017-2030 (US$M)
Related Markets
Asia Pacific food traceability market highlights
- The Asia Pacific food traceability market generated a revenue of USD 4,862.5 million in 2023.
- The market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, barcodes was the largest revenue generating technology type in 2023.
- Radio Frequency Identification is the most lucrative technology type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 4,862.5 million |
| Market revenue in 2030 | USD 10,166.8 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Barcodes |
| Fastest growing segment | Radio Frequency Identification |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radio Frequency Identification, Barcodes, Infrared, Biometrics, Global Positioning Systems |
| Key market players worldwide | Carlisle Companies Inc, Zebra Technologies Corp Class A, SGS AG, Merit-Trax Technologies, FoodLogiQ, SafeTraces, Food Forensics, Bext360, Rfxcel, Covectra, Bar Code Integrators |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.8% of the global food traceability market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,166.8 million by 2030.
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Food Traceability Market Scope
Food Traceability Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific food traceability market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food traceability market will help companies and investors design strategic landscapes.
Barcodes was the largest segment with a revenue share of 35.33% in 2023. Horizon Databook has segmented the Asia Pacific food traceability market based on radio frequency identification, barcodes, infrared, biometrics, global positioning systems covering the revenue growth of each sub-segment from 2017 to 2030.
- Asia Pacific Food Traceability Technology Type Outlook (Revenue, USD Million, 2017-2030)
- Radio Frequency Identification
- Barcodes
- Infrared
- Biometrics
- Global Positioning Systems
- Others
- Asia Pacific Food Traceability Software Outlook (Revenue, USD Million, 2017-2030)
- Enterprise Resources Planning (ERP)
- Friction Welding
- Laboratory Information Systems
- Warehouse Software
- Supply Chain Management (SCM)
- Others
- Asia Pacific Food Traceability End User Outlook (Revenue, USD Million, 2017-2030)
- Fruits & Vegetables
- Fruit Pulp & Concentrates
- Dairy Products
- Fish, Meat, and Seafood
- Processed Food
- Bakery & Confectionary
- Others
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Target buyers of Asia Pacific food traceability market databook
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Our clientele includes a mix of food traceability market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific food traceability market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific food traceability market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific food traceability market size, by country, 2017-2030 (US$M)
Asia Pacific Food Traceability Market Outlook Share, 2023 & 2030 (US$M)
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