The global food and beverages (F&B) coding and marking equipment market size reached US$ 1.7 billion in 2023. The market is projected to reach US$ 2.6 billion by 2032, exhibiting a growth rate (CAGR) of 4.99% during 2023-2032.
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.
2. What is the expected growth rate of the global food and beverages (F&B) coding and marking equipment market during 2024-2032?
3. What are the key factors driving the global food and beverages (F&B) coding and marking equipment market?
4. What has been the impact of COVID-19 on the global food and beverages (F&B) coding and marking equipment market?
5. What is the breakup of the global food and beverages (F&B) coding and marking equipment market based on the type?
6. What is the breakup of the global food and beverages (F&B) coding and marking equipment market based on the technology?
7. What is the breakup of the global food and beverages (F&B) coding and marking equipment market based on application?
8. What are the key 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?
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.
Global F&B Coding and Marking Equipment Market Drivers
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 report 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 2023-2032. The report has categorized the market based on type, technology and application.Breakup by Type:
- Primary Packaging Coding
- Secondary Packaging Coding
Breakup by Technology:
- Continuous Inkjet
- Laser
- Thermal Transfer Overprinting
- Print and Apply Labeling Machine
- Piezoelectric Inkjet
- Valve Inkjet
- Thermal Inkjet
Breakup by Application:
- Food Industry
- Beverage Industry
Regional Insights:
- Europe
- Asia-Pacific
- North America
- Middle East and Africa
- Latin America
Competitive Landscape
The global food and beverages (F&B) coding and marking equipment market consists of numerous small and large manufacturers. Some of the leading players operating in the market are:
- 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.
Key Questions Answered in This Report
1. What was the size of the global food and beverages (F&B) coding and marking equipment market in 2023?2. What is the expected growth rate of the global food and beverages (F&B) coding and marking equipment market during 2024-2032?
3. What are the key factors driving the global food and beverages (F&B) coding and marking equipment market?
4. What has been the impact of COVID-19 on the global food and beverages (F&B) coding and marking equipment market?
5. What is the breakup of the global food and beverages (F&B) coding and marking equipment market based on the type?
6. What is the breakup of the global food and beverages (F&B) coding and marking equipment market based on the technology?
7. What is the breakup of the global food and beverages (F&B) coding and marking equipment market based on application?
8. What are the key 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?
Table of Contents
1 Preface3 Executive Summary13 Global Food and Beverages Coding and Marking Equipment Industry: Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Food and Beverages Coding and Marking Equipment Market
6 Market Breakup by Type
7 Market Breakup by Technology
8 Market Breakup by Application
9 Market Breakup by Region
10 Global Food and Beverages Coding and Marking Equipment Industry: SWOT Analysis
11 Global Food and Beverages Coding and Marking Equipment Industry: Value Chain Analysis
12 Global Food and Beverages Coding and Marking Equipment Industry: Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
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.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 1.7 Billion |
| Forecasted Market Value ( USD | $ 2.6 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
