Global Smart Food and Beverage Label Market Research Report 2022

A smart label is an item identification slip that contains more advanced technologies than conventional bar code data. The most common enhancements in smart labels are QR codes, Electronic Article Surveillance (EAS) tags and specially configured RFID tags.

QR codes are a type of 2D bar code that provides easy access to information through a smartphone or other device equipped with a barcode reader. 2D bar codes can store up to 7,089 characters, significantly greater storage than is possible with the 20-character capacity of a unidimensional barcode. QR code smart labels are often used to facilitate package shipping.

Electronic Article Surveillance (EAS) tag-based smart labels are commonly used to prevent theft of library books and merchandise in stores. When the item is checked out or purchased, the tag is deactivated. If someone tries to leave the premises with an item with an active tag, an alarm sounds.

RFID tag-based smart labels are commonly used in manufacturing. They consist of a flat configuration of an RFID tag inserted into an item identification slip.
Due to the COVID-19 pandemic, the global Smart Food and Beverage Label market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Smart Food and Beverage Label market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Smart Food and Beverage Label landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
RFID accounting for % of the Smart Food and Beverage Label global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Food segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Smart Food and Beverage Label include Alien Technology, LLC., Avery Dennison Corporation, CCL Industries Inc., Honeywell International Inc., Label Insight, Inc., Qliktag Software Inc., Sato Holding Corporation, Thin Film Electronics ASA and UWI Technology Limited and etc. In terms of revenue, the global 3 largest players have a % market share of Smart Food and Beverage Label in 2021.
This report focuses on Smart Food and Beverage Label volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Smart Food and Beverage Label market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Smart Food and Beverage Label Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
RFID
NFC
Temperature Sensing Labels
Others

Segment by Application
Food
Beverages

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Alien Technology, LLC.
Avery Dennison Corporation
CCL Industries Inc.
Honeywell International Inc.
Label Insight, Inc.
Qliktag Software Inc.
Sato Holding Corporation
Thin Film Electronics ASA
UWI Technology Limited
Zebra Technologies Corporation