Global Smart Food Labels Market Outlook:

Industry Insights & Opportunity Evaluation,

2017-2024

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 Global Smart Food Labels Market Overview

Smart Food Labels Market By Technology (RFID Labels, Low Frequency (LF) RFID,
High Frequency (HF) RFID, Ultra High Frequency (UHF) RFID) By Sensing Labels
(Chemical Sensing Labels, Humidity Sensing Labels, Temperature Sensing Labels) and
Region - Global Forecast 2017 to 2024

Smart Food Labels facilitates consumer to get additional details about the product
by scanning a bar code or doing an online search. It helps the consumer to get all the
information they want to know about the food product. Further, smart food labels
help the consumer to purchase a food product according to their diet.

Market Size and Forecast

Global Smart Food Labels Market is expected to grow at a robust growth over the
forecast period i.e. 2017-2024. Further, growing awareness among the consumers
regarding food products and rising adoption of innovative technology by food
industry are envisioned to flourish the growth of smart food labels market.

In terms of region, North America accounted for the largest market in smart food
labels in terms of revenue in 2016. Further, North America region is expected to
continue its dominance by the end of 2024 owing to huge adoption of
technologically advanced products. The market of smart food labels is majorly driven
by the presence of major smart labels industries in the region. Moreover, U.S. and
Canada are expected to be the dominating countries during the forecast period
owing to growing adoption of technologically advanced products.

Europe region captured the second largest market of smart food labels in 2016. The
major countries witnessing the augmented demand for smart food labels are U.K.
and Germany. Rapid urbanization coupled with growing use of digital technology by
food manufacturers for labeling of food products is likely to expand the growth of
Europe smart food labels market over the forecast period.

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Asia-Pacific region is expected to showcase a highest CAGR over the forecast period
due to emerging economies nations such as China and India. Moreover, Japan is the
dominating country in this region owing to huge adoption of smart technology. In
addition to this, rise in per capita income and growing awareness among the
consumers regarding food products are envisioned to foster the growth of smart food
labels market in Asia-Pacific region.

Market Segmentation
Our in-depth analysis segmented the global smart food labels market in the following
segments:

By Technology
RFID Labels
Low Frequency (LF) RFID
High Frequency (HF) RFID
Ultra High Frequency (UHF) RFID

Sensing Labels
Chemical Sensing Labels
Humidity Sensing Labels
Temperature Sensing Labels

By Region

Global smart food labels market is further classified on the basis of region as follows:

North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis

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 Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth
& Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands &
Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of
Asia) Market size, Y-O-Y growth & Opportunity Analysis.
Middle East and Africa (GCC, North Africa, South Africa, Rest of Middle East and
Africa) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers and Challenges

Spiked penetration of smart technology and growing consumer concerns regarding

food products are anticipated to be the dynamic factor behind the rapid growth of
smart food labels market across the globe. Further, rising development of smart
infrastructure in developing and developed nations such as U.S., China, Japan,
India and others is the key factor boosting the growth of smart food labels market.

Moreover, technological advancements in labeling and internet connectivity are

also envisioned to bolster the growth of smart food labels market by the end of
2024. Additionally, rapid urbanization coupled with rise in per capita income of the
consumers is expected to positively impact the growth smart food labels market.

However, high cost of smart food labels is believed to dampen the growth of smart
food labels market. Further, less adoption of smart technology by developing and
underdeveloped nations is also projected to hinder the growth of smart food
labels market.

Key players
The major key players for smart food labels market are as follows
Qliktag
Company Overview
Key Product Offerings

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 Business Strategys
SWOT Analysis
Financials
Smartlabel
Avery Dennison
Labelinsight
Thin Film Electronics ASA
Uwitechnology
ABR

Scope and Context

Overview of the Parent Market
Analyst View

Segmentation
The global smart food labels market is segmented as follows:
By Technology Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porters Five Force Model
Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic
environment

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