Food traceability Market Forecast 2024 to 2032

 Food traceability refers to the ability to track and trace the movement of food products throughout the supply chain, from production to consumption. This process involves documenting and recording various stages of a food product's journey, including its origin, processing, distribution, and sale. The primary goal of food traceability is to enhance food safety, quality, and transparency.

The Food traceability Market was valued at USD 16,230.24 Million in 2022 and is expected to register a CAGR of 11.12% by 2032.

High-profile foodborne illness outbreaks and contamination incidents have raised public awareness about the importance of safe food consumption. Food traceability helps identify and isolate the source of contamination quickly, minimizing the impact on public health.

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