Spoil Detection Based Smart Label Market worth 1681.31 Million USD by 2020 - PowerPoint PPT Presentation

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Spoil Detection Based Smart Label Market worth 1681.31 Million USD by 2020

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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. – PowerPoint PPT presentation

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Title: Spoil Detection Based Smart Label Market worth 1681.31 Million USD by 2020


1
MarketsandMarkets Presents

Spoil Detection Based Smart Label Market worth
1681.31 Million USD by 2020 Spoil Detection
Based Smart Label Market by Type (Fish, Meat,
Vegetables, Dairy Products), and Geography (North
America, Europe, APAC, Row) - Global Forecast to
2020 https//www.marketsandmarkets.com/Market-Re
ports/spoil-detection-based-smart-label-market-148
090041.html
2
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. 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.
Browse 17 market data tables and 27 figures
spread through 68 pages and in-depth TOC on
Spoil Detection Based Smart Label Market -
Global Forecast to 2020
3
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 materials. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id148090041 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.
4
The dynamics of spoil detection-based smart label
industry are dependent upon various factors such
as regional governing bodys 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
market. Request Free Sample Pages https//www.ma
rketsandmarkets.com/requestsampleNew.asp?id148090
041 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.).
5
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