IMARC Group’s latest report, titled “Food and Beverages (F&B) Coding and Marking Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” offers a comprehensive analysis of the food and beverages (F&B) coding and marking equipment market share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. the global food and beverages (F&B) coding and marking equipment market size reached US$ 1.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.84% during 2024-2032.
Food and Beverages (F&B) Coding and Marking Equipment Market Trends:
The global food and beverages coding and marking equipment market is witnessing significant growth driven by the increasing need for compliance with stringent government regulations and industry standards regarding product traceability, safety, and labeling. Along with this, the rising consumer demand for transparency and detailed product information, including expiration dates and ingredient lists, is further propelling market growth. Additionally, the growing trend of automation in the food and beverage industry to enhance operational efficiency and reduce manual errors is boosting the adoption of advanced coding and marking solutions.
Technological advancements in coding and marking equipment, such as the development of high-speed and high-resolution printers capable of printing on diverse substrates, are positively influencing market dynamics. The expanding packaged food and beverage industry, driven by changing consumer lifestyles and increasing urbanization, is also contributing significantly to the market. Moreover, the rising focus on minimizing food waste and ensuring product authenticity is creating a positive market outlook
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Leading Key Players Operating in the Food and Beverages (F&B) Coding and Marking Equipment Industry:
- 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.
Food and Beverages (F&B) Coding and Marking Equipment Market Growth Analysis:
The scope of the market encompasses a wide range of applications, including labeling, coding, and marking of various packaging types such as bottles, cans, cartons, and pouches. The market is segmented based on technology, such as inkjet, laser, thermal transfer, and others, as well as end-use applications and regions. The market growth analysis reveals a robust upward trajectory, driven by the continuous advancements in coding and marking technologies that enhance printing speed, accuracy, and durability. Strategic collaborations and partnerships among key market players are fostering innovation and the development of customized solutions to meet specific industry requirements.
Concurrently, the increasing adoption of eco-friendly and sustainable coding and marking solutions is facilitating market expansion. Apart from this, the growth of e-commerce and the rising demand for packaged food products in developing regions are also contributing to market penetration. Furthermore, the ongoing efforts to improve supply chain transparency and product traceability are creating a positive market outlook.
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Key Market Segmentation:
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 (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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