According to IMARC Group latest report titled” Food and Beverages (F&B) Coding and Marking Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a value of US$ 1.8 Billion in 2020. The global food and beverages (F&B) coding and marking equipment market to exhibit moderate growth during the next five years. Food and beverage (F&B) coding and marking equipment refer to devices that help traceability and visibility of food products. It also provides product-specific information such as its price, manufacturing and expiry date, batch number, shelf life, ingredients, and industry certifications.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

The global F&B coding and marking equipment market is primarily driven by the growing awareness regarding health and safety concerns among consumers that have encouraged them to look for F&B products with regulatory certificates and traceability tags. They are also used for tracking consumer habits and creating tailored marketing programs, and support in building and maintaining brand image by ensuring the authenticity and freshness of products. Besides this, the increasing number of counterfeit products has also increased the demand for F&B coding and marking equipment. Moreover, governments across different countries have implemented stringent regulations mandating F&B manufacturers to print detailed product information on the packaging. These factors are expected to provide a positive outlook for the market in the upcoming years.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

• Danaher
• Domino
• Hitachi
• Diagraph
• ID Technology
• Superior Case Coding
• Universal Labeling
• SATO America
• Durable Technologies
• Jantech Marking Equipment
• Brother Industries
• Dover
• Illinois Tool Works

Market Segmentation:

Our report has categorized the market based on region, 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

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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