Europe Food Traceability Market Size & Outlook, 2023-2030

The food traceability market in Europe is expected to reach a projected revenue of US$ 7,568.6 million by 2030. A compound annual growth rate of 9.3% is expected of Europe food traceability market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,071.4
Forecast, 2030 (US$M)
$7,568.6
CAGR, 2024 - 2030
9.3%
Report Coverage
Europe

Europe food traceability market highlights

  • The Europe food traceability market generated a revenue of USD 4,071.4 million in 2023.
  • The market is expected to grow at a CAGR of 9.3% 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, France is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 4,071.4 million
Market revenue in 2030USD 7,568.6 million
Growth rate9.3% (CAGR from 2023 to 2030)
Largest segmentBarcodes
Fastest growing segmentRadio Frequency Identification
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Europe region accounted for 24.1% 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 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

Europe 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 34.46% in 2023. Horizon Databook has segmented the Europe 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.


  • Europe Food Traceability Technology Type Outlook (Revenue, USD Million, 2017-2030)
    • Radio Frequency Identification
    • Barcodes
    • Infrared
    • Biometrics
    • Global Positioning Systems
    • Others
  • Europe 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
  • Europe 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 Europe 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 continent-level data and insights on the Europe food traceability market , including forecasts for subscribers. This continent databook contains high-level insights into Europe food traceability market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe food traceability market size, by country, 2017-2030 (US$M)

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

Europe food traceability market size, by country, 2017-2030 (US$M)

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