Landscape Analysis of Regulatory Technology Applications for Agrifood Traceability

This paper aims to evaluate strengths and challenges and identify trends in agrifood supply chain traceability. Key objectives were to identify applications, platforms and systems that support industry in traceability and compliance activities and outline the challenges and opportunities in their adoption and potential for cross-commodity/sector deployment. \n\nThe authors confirmed the regulatory requirements related to traceability that apply to Agrifood products in key export commodity groups and domestic supply and reviewed the current literature; interviews were conducted with regulators, industry peak bodies, rural research and development corporations, and solution providers. \n\nRegTech in Australian agriculture is rapidly evolving, offering innovative solutions to address the complex regulatory challenges facing the sector. While there are challenges related to cost, digital infrastructure, and regulatory fragmentation, the benefits of improved compliance, efficiency, and sustainability are evident. As Australia’s agricultural sector continues to focus on sustainability, global trade, and food security, the role of RegTech will become increasingly important in driving the industry forward. Co-investment in incubators and accelerators that operate to develop industry-level solutions, is likely to drive greater standardisation and support maturity and longevity of regtech solutions that service agrifood supply chain businesses.