Nov 15, 2022   SOURCE: BusinessWire

Global Food and Beverages (F&B) Coding and Marking Equipment Market Report to 2027 - Featuring Danaher, Hitachi, Diagraph and ID Technology Among Others - ResearchAndMarkets.com

The "Food and Beverages (F&B) Coding and Marking Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global food and beverages (F&B) coding and marking equipment market size reached US$ 1.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 2.1 Billion by 2027, exhibiting a CAGR of 5.77% during 2021-2027.

Companies Mentioned

  • Danaher Corporation
  • Domino Printing Sciences plc
  • Hitachi Ltd.
  • Diagraph Corporation
  • ID Technology (Pro Mach Inc.)
  • Superior Case Coding Inc.
  • Universal Labeling Systems
  • SATO America
  • Durable Technologies
  • Jantech Marking Equipment
  • Brother Industries Ltd.
  • Dover Corporation
  • Illinois Tool Works Inc.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

In the food and beverage industry, coding and marking equipment are used for providing product-specific information. Common marking and coding formats include barcodes, QR codes and 2D codes, and include information about the product's price, manufacturing date, batch number, expiry date, shelf life, ingredients and industry certifications.

Marking and coding can help in improving supply chain traceability and visibility of products. They also assist in building and maintaining brand image by assuring consumers of the authenticity and freshness of a product. Nowadays, vendors are utilizing marking and coding for tracking consumer habits and creating tailored marketing programs.

In recent years, the increasing number of counterfeit products has encouraged the governments of various nations to implement stringent regulations mandating F&B manufacturers to print detailed product information on the packaging. These regulations have created a positive impact on the demand for up-to-date coding and marking equipment in the industry.

Moreover, a rise in health and safety concerns has encouraged consumers to look for products with regulatory certificates and traceability tags.

Apart from this, the global F&B coding and marking equipment market has witnessed a series of technological advancements which have maximized efficiency and flexibility. For instance, manufacturers are introducing printers that recycle any unused ink to reduce waste and production costs. They are also developing equipment with lower replacement requirements to reduce downtime.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global food and beverages (F&B) coding and marking equipment market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on type, technology and application.

Breakup by Type:

  • Primary Packaging Coding
  • Secondary Packaging Coding

Primary packaging coding currently accounts for the highest share.

Breakup by Technology:

  • Continuous Inkjet
  • Laser
  • Thermal Transfer Overprinting
  • Print and Apply Labeling Machine
  • Piezoelectric Inkjet
  • Valve Inkjet
  • Thermal Inkjet

Continuous inkjet currently represents the biggest segment.

Breakup by Application:

  • Food Industry
  • Beverage Industry

Food Industry accounts for the majority of the global market share.

Regional Insights:

  • Europe
  • Asia Pacific
  • North America
  • Middle East and Africa
  • Latin America

At present, North America holds the leading position in the market.

Key Questions Answered in This Report

1. What is the market size for the global food and beverages (F&B) coding and marking equipment market?

2. What is the global food and beverages (F&B) coding and marking equipment market growth?

3. What are the global food and beverages (F&B) coding and marking equipment market drivers?

4. What are the key industry trends in the global food and beverages (F&B) coding and marking equipment market?

5. What is the impact of COVID-19 on the global food and beverages (F&B) coding and marking equipment market?

6. What is the global food and beverages (F&B) coding and marking equipment market breakup by type?

7. What is the global food and beverages (F&B) coding and marking equipment market breakup by technology?

8. What are the major regions in the global food and beverages (F&B) coding and marking equipment market?

9. Who are the key companies/players in the global food and beverages (F&B) coding and marking equipment market?

For more information about this report visit https://www.researchandmarkets.com/r/jsjyh6