Transformative Trends Impacting the Smart Food Labels Market Landscape: Strategic Partnerships Propel Innovation in Smart Food Labels Introducing Ultra-Thin Tracking Devices For Enhanced Supply Chain Transparency

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Smart Food Labels Market Size By 2025?
The market size for intelligent food labels has been expanding rapidly in the past few years. The growth is projected to catapult from $12.39 billion in 2024 to a significant $15.02 billion by 2025, demonstrating an impressive compound annual growth rate (CAGR) of 21.2%. The significant growth in the historical period can be attributed to the heightened demand from consumers for more transparency in product labeling, rising concerns related to food safety, regulatory requirements for nutritional labeling, advancements in technology that pave the way for innovative labeling methods, the increasing prevalence of food allergies and intolerances, a growing awareness for sustainability leading to eco-friendly labeling initiatives, and the growing market for personalized nutrition.

How Big Is the Smart Food Labels Market Size Expected to Grow by 2029?
The market for smart food labels is projected to experience significant growth in the upcoming years, ballooning to $32.02 billion by 2029 at a compound annual growth rate (CAGR) of 20.8%. This growth is anticipated due to advancements in smart packaging technology, strict food safety and labeling laws, increasing use of both IoT and NFC-enabled gadgets, escalating worries about food allergies and dietary restrictions, increasing knowledge about sustainability and ethical sourcing, and the ubiquity of smartphones and mobile apps. Key trends predicted for the forecast period include technological progress that allows for real-time nutritional information tracking, an increased use of IoT devices in kitchens, increased awareness of food allergies and dietary restrictions, the growth of personalized nutrition solutions, expanding regulatory requirements for food labeling, and the adoption of augmented reality for interactive product information provision.

View the full report here:
https://www.thebusinessresearchcompany.com/report/smart-food-labels-global-market-report

Which Key Market Drivers Powering Smart Food Labels Market Expansion and Growth?
The smart food labels market is expected to grow, driven by the increasing demand for packaged foods. These are meals that have been pre-prepared, pre-measured, and often pre-cooked, then packaged and sold in a ready-to-eat or ready-to-cook state to consumers. The popularity of packaged food can be attributed to its long shelf life, convenience, food technology advancements, and globalization. Smart food labels play a crucial role in packaged food by enhancing transparency, traceability, and consumer engagement through providing in-depth product information and tracking data. For example, Agriculture and Agri-Food Canada (AAFC), a government department for agriculture and food-related products, highlighted in October 2023 that exports of processed food and beverage products reached a record-setting high of $54.3 billion in 2022, an increase of 14.1% from 2021. These exports made up 34.7% of the total production value. As a result, the rising demand for packaged foods is expected to boost the smart food labels market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16193&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Smart Food Labels Market?
Prominent corporations in the Smart Food Labels market are establishing strategic alliances to produce paper-thin tracing tools to boost supply chain visibility and escalate food safety measures. These strategic alliances involve corporations capitalizing on each other's abilities and resources to attain shared advantages and accomplishments. For example, in January 2023, a collaboration was formed between Pod Group, a services firm based in the US, SODAQ, a manufacturing corporation based in Netherlands, and Lufthansa Industry Solutions, a Germany-based technology firm. The aim of the collaboration is to generate ground-breaking solutions that resulted in the launch of the Smart Label Tracking Device at CES. This ultra-thin, reusable tracking answer is specifically designed for small and lightweight items. Boasting low-power cellular connectivity, temperature monitoring functions, and geofencing capabilities, this device enhances transparency and management in logistics. It also promotes sustainability with its recyclable materials.

What Are the Emerging Segments in the Smart Food Labels Market?
The smart food labels market covered in this report is segmented -

1) By Technology: Sensing Labels, Radio-Frequency Identification (RFID), Dynamic Display, Other Technologies
2) By Applications: Electronic And Information Technology (IT) Asset, Perishable Goods, Security Access, Smart Wrist Bands, Other Applications
3) By End-User: Food And Beverage, Healthcare And Pharmaceutical, Automotive, Fast-Moving Consumer Goods, Logistics, Retail, Other End Users

Subsegments:
1) By Sensing Labels: Temperature Sensing Labels, Humidity Sensing Labels, Freshness Sensing Labels, Ethylene Gas Sensing Labels, Ph Sensing Labels, Time-Temperature Indicators (Ttis)
2) By Radio-Frequency Identification (Rfid): Passive Rfid Labels, Active Rfid Labels, Semi-Passive Rfid Labels, Uhf Rfid Labels, Nfc (Near-Field Communication) Rfid Labels
3) By Dynamic Display: E-Ink Display Labels, Lcd Display Labels, Led-Based Display Labels, Color-Changing Labels (For Freshness Monitoring), Digital Price Tags And Product Information Displays
4) By Other Technologies: Qr Code Labels, Near Field Communication (Nfc) Tags, Bluetooth Low Energy (Ble) Tags, Smart Labels With Embedded Sensors For Traceability, Qr Code-Based Expiry Monitoring Labels

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16193&type=smp

Who Are the Global Leaders in the Smart Food Labels Market?
Major companies operating in the smart food labels market are NXP Semiconductors N.V., Avery Dennison Corporation, Zebra Technologies Corporation, CCL Industries Inc, Checkpoint Systems Inc, HID Global Corporation, Sato Holdings Corporation, Intermec Technologies Corporation, Impinj Inc., Paragon ID, Confidex Oy, Invengo Information Technology Co Ltd, Lyngsoe Systems A/S, Alien Technology Inc, Xerafy Ltd., Tageos SAS, Thin Film Electronics ASA, MSM Solutions Ltd., UWI Technology Limited, Qliktag Software Inc.

Which are the Top Profitable Regional Markets for the Smart Food Labels Industry?
North America was the largest region in the smart food label market in 2023. The regions covered in the smart food labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16193

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.