An exciting new study from the team of Lucintel found that smart food and beverage label market is expected to reach $25.8 billion by 2028 with a CAGR of 18.2%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
The smart food and
beverage label market is segmented based on the food and beverage applications.
In this market, RFID is expected to remain the largest product type, and food
segment is expected to remain the largest application. Players can benefit from
the available opportunities like the massive use of tracking engines for the
customer purchase decisions and increasing number of smartphones with cameras
that can scan QR codes are gaining popularity in the region.
Alien Technology, Thin
Film Electronics ASA, Honeywell International, Avery Dennison, and Sato Holding
are some of the major players profiled in this 150 page report.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the smart food and beverage label
market by product type (RFID, NFC, temperature sensing labels, and others),
application (food and beverages), and region (North America, Europe, Asia
Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the smart food and beverage label market?
Q.4 What are some changing
demands of customers in the smart food and beverage label market?
Q.5 What are the new
developments in the smart food and beverage label market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this smart food and beverage label area
and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this smart food and beverage label
market?
This unique report from Lucintel will enable you to make
confident business decisions in this globally competitive marketplace. For a
detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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