About Food Coding and Marking Equipment
Food coding and marking equipment are the workhorses of the food industry, responsible for printing essential information directly onto products or their packaging. This information typically includes expiry dates, batch numbers, ingredients, nutritional details, and barcodes. There are different types of equipment, such as inkjets, lasers, and label applicators, catering to diverse packaging materials and printing needs. These machines ensure food reaches consumers safely and informatively, making them a vital cog in the modern food production system. The food coding and marking equipment market is expected to experience healthy growth in the coming years, driven by several favorable factors.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.3% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Food Coding and Marking Equipment market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Brother Industries, Ltd. (Japan), Danaher (United States), Dover Corporation (United States), Hitachi, Ltd. (Japan), Videojet Technologies (India), Allen Coding GmbH (Germany), Durable Technologies (United States), Domino Printing Sciences plc (United Kingdom), Jantech Marking Equipment (United States) and Universal Labeling Systems (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are ITW Diagraph (Germany), Superior Case Coding (United States), Han's Laser Technology Industry Group Co., Ltd. (China), SATO Holdings Corporation (Japan) and ID Technology, LLC. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Food Coding and Marking Equipment market by , Application (Food Industry and Beverage Industry) and Region.
On the basis of geography, the market of Food Coding and Marking Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Continuous Inkjet (CIJ) Printers will boost the Food Coding and Marking Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Primary Packaging will boost the Food Coding and Marking Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Adoption of Automation in the Food Industry
Market Growth Drivers:
Increasing Demand for Packaged Food and Beverages and Rising Consumer Awareness About Product Information and Safety
Challenges:
Competition from Counterfeit Products
Restraints:
High Initial Investment Costs
Opportunities:
Expanding E-Commerce Industry and Stringent Government Regulations Regarding Labeling and Traceability of Food products
Market Leaders and their expansionary development strategies
In July 2022, Hitachi Industrial Equipment Systems acquired Telesis Technologies. This acquisition aimed to strengthen Hitachi's position in the laser marking segment and expand its global footprint in the marking equipment business.
In April 2023, Videojet Technologies announced the launch of their DataFlex 6330 continuous inkjet (CIJ) printer. This model boasts improved sustainability features and enhanced connectivity options.
Key Target Audience
Manufacturer, Government Bodies, Research Center, Potential Investors, Suppliers & Distributors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.