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[179+ Pages Research Report] Global Smart Food and Beverage Label Market to surpass USD 54.8 million by 2030 from USD 11.02 million in 2020 at a CAGR of 18.05% in the coming years, i.e., 2021-30. The Smart label offers effective solutions for retailers and manufacturers' major challenges.
Product Overview
Smart food labels enable consumers both to scan a bar code and to perform an online search to obtain additional information about a packaged food product. In addition, many other food labels also use sensing technology through a color-changing label that allows consumers to know if the food is suitable for eating. The coloration of intelligent food labels changes every time the chemical on these labels detects any form of micro-organisms that grow within the food package. A smart label acts as an electronic functional device that is integrated as a slip in the body. They are equipped with chips, antennas, and bonding wires that help to monitor properties and products in real-time. A smart label is designed to incorporate advanced technology that provides advantages, including automatic reading, fast detection, re-programming, tolerance, and reduced error. In the supermarket, FMCG, and logistics sectors, this means it is favored over traditional bar code systems. These are mainly made of plastics, paper, and fibers.
Market Highlights
Global Smart Food and Beverage Label market is expected to project a notable CAGR of 18.05% in 2030.
Theft and shoplifting are commonly avoided. Companies are investing in improving their anti-theft scheme to avoid loss of revenue and harm in inventory from shopping and theft. In turn, the demand over the projected timeframe is anticipated to boost. Another main concern in many industries that contributes to poor results, degradation of branding, and endangered consumer protection is counterfeiting. Increased awareness of the harmful consequences of counterfeit products in the industry, particularly in the manufacturing and industrial industries, is expected to further stimulate demand.
Global Smart Food and Beverage Label Market: Segments
Retail inventory segment to grow with the highest CAGR during 2020-30
Global Smart Food and Beverage Label market is segmented by application into Retail Inventory, Perishable Goods, and Others. The retail inventory, representing more than one-fifth of the global industry, was the major application in the smart-label market in 2020. Retailer protection initiatives to deter robbery and shoplifting are expected to reduce significant demand during the forecast period. In the next few years, the perishable product segment will likely be the fastest-growing sector among the part. The intelligent mark of perishable products, such as food, drinks, and medicinal products, is commonly used for threshold detection and shelf life.
Healthcare segment to grow with the highest CAGR during 2020-30
Global Smart Food and Beverage Label is divided by end-user into retail, logistics, manufacturing, healthcare, and others. During the forecast era, the healthcare segment is expected to grow exponentially. Increasing use in spoil detection of hospital goods, test samples, medical equipment, drugs is predicted to bolster the demand in the healthcare & pharmaceutical industry.
Market Dynamics
Drivers
Reducing theft practices
The intelligent label offers effective solutions for retailers and manufacturers' major challenges. Theft and shoplifting is commonly avoided. Companies are investing in improving their anti-theft scheme to avoid loss of revenue and harm in inventory from shopping and theft. Another main concern in many industries that contributes to poor results, degradation of branding, and endangered consumer protection is counterfeiting. Increased awareness of the harmful consequences of counterfeit products in the industry, particularly in the manufacturing and industrial industries, is expected to further stimulate demand.
Increase transparency about product details
The labels serve as a creative, clear mark for digital technologies and intelligent devices enabling customers to access accurate information about their goods. The growth of the global smart label sector will enable customers to gain greater visibility of knowledge about the goods they buy. Due to the opportunity to provide the consumers with accurate details on emerging technology goods and intelligent devices, the global smart label market has seen an increasing number of adverts in the packaging industry.
Restraint
Lack of uniformity
Growing economies would likely be hampered by costs associated with the implementation of smart label tracking systems. Moreover, the absence of uniformity and low vulnerability in the standardization method is expected to hinder the market growth during the period forecast.
Global Smart Food and Beverage Label Market: Key Players
CCL Industries, Inc.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Avery Dennison Corporation
Checkpoint Systems, Inc.
Smartrac N.V.
Zebra Technologies Corporation
Alien Technology Inc.
Sato Holding Corporation
Intermec Inc.
Other Prominent Players
Global Smart Food and Beverage Label Market: Regions
Global Smart Food and Beverage Label market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
Global Smart Food and Beverage Label in Asia pacific held the largest market share of XX% in the year 2020. Asia Pacific represented over XX.X% of global demand in 2020 as the biggest global sector. The expansion of retail, logistics, and FMCG industries in the region has increased availability revenue combined with rapid urbanization in developing areas. That in turn has led to increased demand in the end-user industries for smart labels. Asia-Pacific is expected to rise at the fastest pace, projected to be over XX.X% percent in terms of volume in China, Japan, India, South Korea, Singapore, and Malaysia, from 2020 to 2030.
Global Smart Food and Beverage Label Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Smart Food and Beverage Label Market report also contains analysis on:
Smart Food and Beverage Label Market Segments:
By End-User
Retail
Logistics
Manufacturing
Healthcare
others
By Application
Retail Inventory
Perishable Goods
Others
Smart Food and Beverage Label Market Dynamics
Smart Food and Beverage Label Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Smart Food and Beverage Label Market Report Scope and Segmentation
Frequently Asked Questions
How big is the Smart Food and Beverage Label market
What is the Smart Food and Beverage Label market growth
Which segment accounted for the largest Smart Food and Beverage Label market share
Who are the key players in the Smart Food and Beverage Label market
What are the factors driving the Smart Food and Beverage Label market
Contents
1. Executive Summary
2. Global Smart Food and Beverage Label Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Smart Food and Beverage Label Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Smart Food and Beverage Label Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Smart Food and Beverage Label Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Application: Market Share (2020-2030F)
1. Retail Inventory, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Perishable Goods, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Services, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By End User: Market Share (2020-2030F)
1. Retail, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Manufacturing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Healthcare, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Logistics, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. CCL Industries, Inc.
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Avery Dennison Corporation (U.S.)
3. CCL Industries, Inc. (Canada)
4. Checkpoint Systems, Inc. (U.S.)
5. Smartrac N.V. (The Netherlands)
6. Zebra Technologies Corporation (U.S.)
7. Alien Technology Inc. (U.S.)
8. Sato Holding Corporation (Japan)
9. Intermec Inc. (U.S.)
10. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Research Methodology:
Smart Food and Beverage Label Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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