The market size of Spoil Detection Based Smart Labels was worth USD 860.96 million in 2014 and is expected to be USD 1681.31 million by 2020, at a CAGR of 11.80% during 2014 and 2020.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Spoil Detection Based Smart Label Market worth 1681.31 Million
USD by 2020
According to a new market research report "Spoil Detection Based Smart
Label Market by Type (Fish, Meat, Vegetables, Dairy Products), and Geography
(North America, Europe, APAC, Row) - Global Forecast to 2020", The market
for Spoil Detection Based Smart Label is expected to reach USD 1681.31
Million in 2020 at a CAGR of 11.80% for the forecast period 2014-2020.
Browse 17 market data tables and 27 figures spread through 68 pages and in-depth TOC on “Spoil
Detection Based Smart Label Market by Type (Fish, Meat, Vegetables, Dairy Products), and Geography
(North America, Europe, APAC, Row) - Global Forecast to 2020”
Early buyers will receive 10% customization on reports.
Spoil detection-based smart labels can be stuck on packaging or on the surface of food material to
detect its freshness. Spoil detection-based smart labels monitor various factors of food material such as
temperature, moisture, growth of micro-organism, and many others. Changes in these factors act as
stimulus for these labels. Spoil detection-based smart labels convey the exact degree of freshness of the
food material by changing their texture, color, or even communicating to system with help of RFID tags.
The market size of spoil detection-based smart labels was USD 860.96 Million in 2014 and is expected to
be USD 1681.31 Million by 2020, at a CAGR of 11.80% between the period 2014 and 2020.
Get Your Sample PDF of Report @
Spoil detection-based smart labels can be used in various industries such as healthcare and
pharmaceuticals. The pharmaceutical industry is currently facing issues such as product recalls or
product returns due to overstocking or expiry. Sensing labels could play a key role in resolving these
issues, by ensuring the authenticity of the products in the industry, thereby improving the product
quality and safety along with reducing the cost. The major items supplied to the medical industry
include surgical instruments, patient monitoring equipment, blood and drugs, and hospital staff
garments. Spoil detection-based smart labels can monitor and sense the degree of spoilage in these
In this report, the spoil detection-based smart labels market has been segmented by type and
Market by type consists of material on which labels are used.
The market by geography includes regions North America, Europe, APAC, RoW and Japan. The Americas
and Europe regions are leading geographies because of the larger presence of industry players and
consumer awareness. In addition, Government agencies such as FDA, FSA, and USDA are framing the
policies to encourage the use of spoil detection-based smart labels in industries such as packaging,
pharmaceuticals and food and beverage.
The dynamics of spoil detection-based smart label industry are dependent upon various factors such as
regional governing body’s policies, consumer awareness, and industry players’ offerings. The
government policies are crucial and have a significant impact on spoil detection-based smart label
industry. . The increased consumer preference for hygienic foods is also one of the crucial driving factors
for this industry. The supply chain industry presents opportunities for spoil detection-based smart label
The report includes the competitive landscape of spoil detection-based smart label industry along with
company profiles of Invengo Information Technology Co. Ltd. (China), Muhlbauer Holding Ag (Germany),
SATO Holding Corporation (Japan), Smartrac N.V. (Netherland), Thin Film Electronics ASA (Norway), and
Zebra Technologies (U.S.).
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research
reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M
is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting
assignments and business research across high growth markets, cutting edge technologies and newer
applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth
markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration
with the clients to identify new opportunities, identify most important customers, write "Attack, avoid
and defend" strategies, identify sources of incremental revenues for both the company and its
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000
markets and entire value chains for deeper understanding of the unmet insights along with market
sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking
presented with high quality analytical infographics in our reports gives complete visibility of how the
numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with
our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]