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Rising Demand for Packaged Foods Fuels Growth in the Smart Food Labels Market: Pivotal Factor Influencing Smart Food Labels Market Growth in 2025
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Smart Food Labels Market Size Growth Forecast: What to Expect by 2025?_x000D_
The market for smart food labels has seen substantial expansion in recent years, with its size set to increase from $12.39 billion in 2024 to $14.97 billion in 2025, representing a compound annual growth rate (CAGR) of 20.8%. This historical growth can be linked to increased consumer desire for transparency, rising worries over food safety, legal requirements for nutritional labeling, advancements in technology leading to innovative label solutions, widespread food allergies and intolerances, increased consciousness about sustainability leading to environmentally-friendly labeling efforts, and the growing market for personalized nutrition._x000D_
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How Will the Smart Food Labels Market Size Evolve and Grow by 2029?_x000D_
In the forthcoming years, a significant surge is forecasted in the market size for smart food labels, with it potentially reaching $31.38 billion in 2029, and a compound annual growth rate (CAGR) of 20.3%. Factors contributing to this projected increase throughout the forecast period include, developments in smart packaging technology, strict rules concerning food safety and labeling, an increased use of IoT and NFC-enabled devices, growing concerns about food allergies and specific dietary needs, heightened awareness about sustainability and ethical sourcing, plus the widespread use of smartphones and mobile apps. Key trends for the forecast period encompass technological advancements providing real-time nutrition data tracking, increased utilization of IoT devices in kitchens, heightened knowledge regarding food allergies and dietary limits, the introduction of bespoke nutrition solutions, growing regulatory demands for food labeling, and the use of augmented reality for interactive product information._x000D_
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What Drivers Are Propelling the Growth of Smart Food Labels Market Forward?_x000D_
The rising preference for packaged foods is anticipated to fuel the expansion of the smart food labels market in the future. Pre-prepared, pre-measured, and often pre-cooked, packaged foods are sold to consumers in a ready-to-eat or ready-to-cook state. They are appealing due to their long shelf life, convenience, advances in food technology, and globalization. Smart food labels play a crucial role in packaged food by increasing transparency, traceability, and consumer interaction by presenting comprehensive product details and tracking data. For example, Agriculture and Agri-Food Canada (AAFC), a government department handling agriculture and food-related products, reported in October 2023 that exports of processed food and beverage products hit a new record of $54.3 billion in 2022. This represented a 14.1% uptick compared to 2021, and accounted for 34.7% of the total production value. Consequently, the surging demand for packaged foods will bolster the smart food labels market._x000D_
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Which Emerging Trends Are Transforming the Smart Food Labels Market in 2025?_x000D_
Leading firms in the Smart Food Labels industry are creating strategic alliances to produce ultra-thin tracking mechanisms that boost transparency in the supply chain and enhance food safety. Strategic alliances are a mechanism where companies tap into each other's capabilities and resources for mutual advantages and success. For example, in January 2023, Pod Group, a service firm based in the US, forged a partnership with SODAQ, a manufacturing company from the Netherlands, and Lufthansa Industry Solutions, a German technology firm. Their goal with this collaboration is to generate inventive solutions that introduced the Smart Label Tracking Device at CES, an extremely thin, reusable tracking tool tailored for small, lightweight items. With benefits such as low-energy cellular connectivity, temperature surveillance, and geofencing capacities, it bolsters visibility and management in logistics, and fosters sustainability via recyclable materials._x000D_
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What Are the Key Segments in the Smart Food Labels Market?_x000D_
The smart food labelsmarket covered in this report is segmented -_x000D_
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1) By Technology: Sensing Labels, Radio-Frequency Identification (RFID), Dynamic Display, Other Technologies_x000D_
2) By Applications: Electronic And Information Technology (IT) Asset, Perishable Goods, Security Access, Smart Wrist Bands, Other Applications_x000D_
3) By End-User: Food And Beverage, Healthcare And Pharmaceutical, Automotive, Fast-Moving Consumer Goods, Logistics, Retail, Other End Users_x000D_
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Subsegments:_x000D_
1) By Sensing Labels: Temperature Sensing Labels, Humidity Sensing Labels, Freshness Sensing Labels, Ethylene Gas Sensing Labels, Ph Sensing Labels, Time-Temperature Indicators (Ttis)_x000D_
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_x000D_
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_x000D_
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_x000D_
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Who Are the Key Players Shaping the Smart Food Labels Market's Competitive Landscape?_x000D_
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._x000D_
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What Geographic Markets Are Powering Growth in the Smart Food Labels Market?_x000D_
North America was the largest region in the smart food label market in 2024. The regions covered in the smart food labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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