What is Global Marking and Coding for Food and Beverage Market?
The Global Marking and Coding for Food and Beverage Market is a fascinating field that has been gaining significant attention in recent years. This market involves the use of various technologies and methods to mark and code food and beverage products. These markings and codes are essential for several reasons, including tracking products, ensuring quality control, and providing information to consumers. The markings can include barcodes, QR codes, dates, batch numbers, and other relevant information. The coding process can be done using different technologies, such as laser coding, thermal transfer, inkjet coding, and others. These technologies can be used on various materials, including glass, plastic, metal, and paper, making them versatile for different types of food and beverage products.
Equipment, Consumable in the Global Marking and Coding for Food and Beverage Market:
The Global Marking and Coding for Food and Beverage Market is divided into two main segments: equipment and consumables. The equipment segment includes the machines and devices used for marking and coding, such as printers, applicators, and scanners. These machines can be manual, semi-automatic, or fully automatic, depending on the needs of the business. The consumables segment includes the materials used in the marking and coding process, such as inks, labels, ribbons, and films. These consumables are designed to be durable and resistant to various conditions, such as heat, moisture, and abrasion, ensuring that the markings and codes remain clear and legible throughout the product's life cycle. The choice of equipment and consumables can depend on several factors, including the type of product, the production volume, the required speed, and the budget.
Baked Goods and Cereals, Beverages, Sweets, Candy and Confectionery, Dairy, Eggs, Fruits and Vegetables, Meat and Poultry, Pet Food and Animal Feed, Savoury Snacks, Other Packaged Food in the Global Marking and Coding for Food and Beverage Market:
The Global Marking and Coding for Food and Beverage Market is used in various areas of the food and beverage industry. In the baked goods and cereals sector, marking and coding are used to provide information about the product's ingredients, nutritional value, and expiration date. In the beverages sector, they are used to track the product's batch and production date, ensuring quality control. In the sweets, candy, and confectionery sector, they are used to mark the product's flavor, size, and other relevant details. In the dairy, eggs, fruits, and vegetables sectors, they are used to mark the product's origin, production date, and other essential information. In the meat and poultry sector, they are used to mark the product's cut, weight, and other relevant details. In the pet food and animal feed sector, they are used to mark the product's ingredients, nutritional value, and other relevant information. In the savoury snacks and other packaged food sectors, they are used to mark the product's flavor, size, and other relevant details.
Global Marking and Coding for Food and Beverage Market Outlook:
The Global Marking and Coding for Food and Beverage Market has shown promising growth in recent years. In 2022, the market was valued at US$ 1805 million. This value is expected to increase significantly in the coming years, reaching an estimated value of US$ 2350.6 million by 2029. This growth represents a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2023 to 2029. This growth can be attributed to several factors, including the increasing demand for food and beverage products, the growing need for efficient tracking and quality control methods, and the advancements in marking and coding technologies. Despite the challenges posed by the COVID-19 pandemic, the market has shown resilience and is expected to continue its growth trajectory in the coming years.
| Report Metric | Details |
| Report Name | Marking and Coding for Food and Beverage Market |
| Accounted market size in 2022 | US$ 1805 in million |
| Forecasted market size in 2029 | US$ 2350.6 million |
| CAGR | 4.5% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Brother (Domino), Danaher (Videojet), Dover (Markem-Imaje), ITW (Diagraph), Hitachi Industrial Equipment, ID Technology LLC, Han’s Laser, Matthews Marking Systems, Trumpf, KGK, Macsa, KBA-Metronic, Squid Ink, EC-JET, SUNINE, Paul Leibinger, REA JET, Control print, Kinglee, Beijing Zhihengda, ANSER |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
