Canada Food Traceability Market Size & Outlook, 2023-2030

The food traceability market in Canada is expected to reach a projected revenue of US$ 1,046.5 million by 2030. A compound annual growth rate of 5.5% is expected of Canada food traceability market from 2024 to 2030.
Revenue, 2023 (US$M)
$718.8
Forecast, 2030 (US$M)
$1,046.5
CAGR, 2024 - 2030
5.5%
Report Coverage
Canada

Canada food traceability market highlights

  • The Canada food traceability market generated a revenue of USD 718.8 million in 2023 and is expected to reach USD 1,046.5 million by 2030.
  • The Canada market is expected to grow at a CAGR of 5.5% 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.

Food traceability market data book summary

Market revenue in 2023USD 718.8 million
Market revenue in 2030USD 1,046.5 million
Growth rate5.5% (CAGR from 2023 to 2030)
Largest segmentBarcodes
Fastest growing segmentRadio Frequency Identification
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRadio Frequency Identification, Barcodes, Infrared, Biometrics, Global Positioning Systems
Key market players worldwideCarlisle 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, Canada accounted for 4.3% of the global food traceability market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. food traceability market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 7,365.6 million by 2030.

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Food Traceability Market Scope

Food traceability market segmentation & scope
Radio Frequency Identification
Barcodes
Infrared
Biometrics
Global Positioning Systems
Others
Enterprise Resources Planning (ERP)
Friction Welding
Laboratory Information Systems
Warehouse Software
Supply Chain Management (SCM)
Others
Fruits & Vegetables
Fruit Pulp & Concentrates
Dairy Products
Fish, Meat, and Seafood
Processed Food
Bakery & Confectionary
Others

Food Traceability Market Companies

Name Profile # Employees HQ Website

Canada 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 35.43% in 2023. Horizon Databook has segmented the Canada 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.


  • Canada Food Traceability Technology Type Outlook (Revenue, USD Million, 2017-2030)
    • Radio Frequency Identification
    • Barcodes
    • Infrared
    • Biometrics
    • Global Positioning Systems
    • Others
  • Canada 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
  • Canada 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 Canada food traceability market databook

  • Our clientele includes a mix of food traceability market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada food traceability market , including forecasts for subscribers. This country databook contains high-level insights into Canada food traceability market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Canada food traceability market size, by technology type, 2017-2030 (US$M)

Canada Food Traceability Market Outlook Share, 2023 & 2030 (US$M)

Canada food traceability market size, by technology type, 2017-2030 (US$M)

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