Press release
Global Internet of Things and Traceability for Food & Beverage Manufacturing Market || Market Share, Trends And Leading Players by 2030
The global internet of things and traceability for food & beverage manufacturing market accounted for US$ 6.0 billion in 2019 and is estimated to be US$ 14.4 billion by 2029 and is anticipated to register a CAGR of 9.2%The report "Global Internet of Things and Traceability for Food & Beverage Manufacturing Market, By Components (Product and Software), By Application (Supply Chain Management, Traceability, & Product Recall, Consumer Transparency, Food Safety & Quality Control, Inventory Management, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.
Key Highlights:
Nestlé has integrated Telefonica’s Smart m2m Solution, a platform for managing and controlling IoT communications, in order to make more detailed adjustments to the taste of its coffee. The company is also using IoT to allow remote configuration of equipment and help predictive maintenance.
PTC industrial software and information specialist, also works with global food manufacturers to improve factory efficiency and boost yield on raw materials The PTC software platform ThingWorx is designed to collect this data and deploy it on operational and management dashboards. At the same time, it uses analytics which, in the case of food processing, can improve the yield on the raw material delivered to the factory.
Analyst View:
One of the major goals of the food & beverage manufacturing industry is to deliver high-quality food to the end consumer, which can be performed accurately by monitoring the foodservice equipment round the clock, utilizing IoT solutions. Rising investments in technologically advanced solutions towards food processing, safety and packaging are expected to boost the growth of the target market in the upcoming years. Additionally, rapidly rising urban population and growing consumer awareness about the threat of food hazards is also supporting growth of the target market. This growth in consumer awareness regarding the sustainability of the edibles is fascinating the food & beverage companies to employ digital solutions to ensure product quality, henceforth influencing the global market growth. Furthermore, Industrial Internet of Things (IIoT) technologies such as Artificial Intelligence (AI) and Big Data Analytics are anticipated to witness a huge role in streamlining and accelerating the manufacturing process through advanced automation and analytics.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Internet of Things and Traceability for Food & Beverage Manufacturing Market”, By Components (Product and Software), By Application (Supply Chain Management, Traceability, & Product Recall, Consumer Transparency, Food Safety & Quality Control, Inventory Management, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029
Download Free sample copy of this report @
https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4408
Key Market Insights from the report:
The global internet of things and traceability for food & beverage manufacturing market accounted for US$ 6.0 billion in 2019 and is estimated to be US$ 14.4 billion by 2029 and is anticipated to register a CAGR of 9.2%. The market report has been segmented on the basis of components, application, and region.
By components, the global internet of things and traceability for food & beverage manufacturing market is segmented into product and software.
By application, the target market is segmented into supply chain management, traceability, & product recall, consumer transparency, food safety & quality control, inventory management, and others.
By region, North America and Western Europe are the dominating key regions owing to technological advancements in food & agricultural sector. The established processed food market and the use of latest technologies in the agricultural activities is projected to boost the demand for internet of things and traceability for food & beverage manufacturing market in these regions. Besides, some of the prominent companies involved in this market are headquartered in these regions.
Competitive Landscape:
The prominent player operating in the global Internet of things and traceability for food & beverage manufacturing market includes ScienceSoft, HQ Software Industrial IoT Company, Style Lab IoT Software Company, PTC, Cisco, GE Digital, SAP, ARM IoT, and Siemens IoT Analytics Company.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Request Discount:-
https://www.prophecymarketinsights.com/market_insight/Insight/request-discount/4408
Some Important Points Answered in this Market Report Are Given Below:
Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period
Key Topics Covered
Introduction
Study Deliverables
Study Assumptions
Scope of the Study
Research Methodology
Executive Summary
Opportunity Map Analysis
Market at Glance
Market Share (%) and BPS Analysis, by Region
Competitive Landscape
Heat Map Analysis
Market Presence and Specificity Analysis
Contact Us:
Mr Alex (Sales Manager)
Prophecy Market Insights
Phone: +1 860 531 2701
Email: sales@prophecymarketinsights.com“
About us:
Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Internet of Things and Traceability for Food & Beverage Manufacturing Market || Market Share, Trends And Leading Players by 2030 here
News-ID: 2115340 • Views: …
More Releases from Prophecy Market Insights

Floating Power Plant Market: Powering the Future of Renewable Energy
Introduction
The Floating Power Plant Market is rapidly emerging as a transformative solution to the world's growing energy needs. With increasing global demand for sustainable, flexible, and decentralized power generation, floating power plants (FPPs) are gaining traction as they can be deployed in offshore waters, lakes, and reservoirs. These plants integrate renewable energy sources like wind, solar, and wave energy with conventional power systems, providing a reliable energy mix.
Driven by rising…

AI-Enabled Kitchen Appliances Market: Driving the Future of Smart Living
Introduction
The AI-Enabled Kitchen Appliances Market is experiencing unprecedented growth as artificial intelligence becomes a core component of modern homes. With the rise of smart homes, connected devices, and consumer demand for convenience, AI-driven appliances are redefining the way people cook, store, and manage food. From refrigerators that track expiry dates to ovens that auto-adjust based on recipes, these innovations are revolutionizing kitchens worldwide.
Industry forecasts suggest that the market will witness…

Europe Dominates 2024 Residential Energy Storage Market, Poised for 9.5% CAGR Gr …
The Residential Energy Storage Market is witnessing strong momentum, expected to grow from USD 2.8 billion in 2024 to USD 6.8 billion by 2035, expanding at a robust CAGR of 9.5% (2025-2030). Europe led the global market in 2024 owing to its significant investments in renewable energy integration, supportive government policies, and growing demand for energy independence.
Unlock the full potential of the Residential Energy Storage Market with in-depth insights, market…

Commercial Refrigeration Equipment - A Cornerstone for Food Quality and Sustaina …
The Commercial Refrigeration Equipment Market is set for significant expansion, growing from USD 43.0 billion in 2024 to USD 71.8 billion by 2035, progressing at a CAGR of 5.3% (2025-2035). The Asia Pacific region held the largest share in 2024 and continues to dominate due to rising demand for advanced refrigeration solutions across retail, foodservice, and cold-chain logistics.
Gain in-depth insights into the Commercial Refrigeration Equipment Market, including regional forecasts, emerging…
More Releases for IoT
IOT Adoption Drives IoT insurance Market Growth: Pivotal Factor Influencing IoT …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
IoT Insurance Market Size Growth Forecast: What to Expect by 2025?
The market size of Internet of Things (IoT) insurance has seen an explosive growth in the past few years. It is projected to rise from $100.02 billion in 2024 to a staggering $153.89 billion in 2025, experiencing a compound annual growth rate (CAGR)…
Narrowband IoT (NB-IoT) Market Advancements in NB-IoT Connectivity Management Pl …
Numerous factor such as due to rapid development in IoT industry and rising demand of new cellular communication technology which are integrated to IoT low power wide area applications drives the growth of the market globally. moreover, increasing demand for navigation, telematics and in-car infotainment services in automotive & transportation industry is fueling the market of NB-IoT globally. However, licensing costs of NB-IoT are hindering the growth of narrowband-…
IoT Edge Computing Software Market 2023 | SAS, IBM, EdgeIQ, AWS, Azure IoT Edge, …
Market Overview -
The information made available in the IoT Edge Computing Software report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work, in-depth interviewing, or…
IoT Cloud Market Next Big Thing | Major Giants Oracle, AWS IOT, IBM Watson IoT, …
COVID-19 Outbreak-Global IoT Cloud Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the COVID-19 Outbreak-Global IoT Cloud Market. Some of the key players profiled…
Narrowband IoT (NB-IoT) Market Future Adoption Overview 2025
The report titled "Global Narrowband IoT (NB-IoT) Market Size, Status and Forecast 2025, Trends, Share, Size Research Report " offers a primary impression of the Narrowband IoT (NB-IoT) industry covering different product Scope, Characterizations, Classifications, Objectives, and Participants in the industry chain structure. This report profiles major 15 topmost manufactures operating like ( Vodafone, China Unicom, China Telecom, AT&T, Etisalat, Telstra, Orange, Telefonica, SK Telecom, Deutsche Telekom - for complete manufactures list, please…
Blockchain In IOT Market Business Growth Statistics And Key Players Insights Blo …
Research N Report has released a new report on the “global Blockchain in IOT Market”. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every side of the market.
"Blockchain in Internet…