PUBLISHER: The Business Research Company | PRODUCT CODE: 1816786
PUBLISHER: The Business Research Company | PRODUCT CODE: 1816786
Smart food labels refer to packaging labels that incorporate advanced technologies to provide consumers with comprehensive information about a product's nutritional content, sourcing, allergens, and environmental impact. These labels aim to empower consumers to make informed food purchase decisions and promote transparency within the food industry.
The main technologies utilized in smart food labels include sensing labels, radio frequency identification (RFID), dynamic display, and others. Sensing labels are equipped with sensors that can detect and transmit information about environmental factors such as temperature, humidity, or tampering status. The applications of smart food labels span a variety of sectors, including electronic and information technology (IT) assets, perishable goods, security access, smart wristbands, and others. These labels serve various end users across industries such as food and beverage, healthcare and pharmaceuticals, automotive, fast-moving consumer goods, logistics, retail, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp rise in U.S. tariffs and the resulting trade tensions in spring 2025 are having a notable impact on the services sector, particularly in business services, IT, and professional consulting. The increased costs of imported technology, office equipment, and critical digital infrastructure are driving up operating expenses for service providers, compelling them to either pass these costs on to clients or absorb the financial strain themselves. Outsourcing firms and IT service providers are grappling with higher hardware costs and supply chain delays, which are disrupting project timelines and squeezing profitability. Furthermore, retaliatory tariffs have weakened demand for U.S.-based professional services in key global markets, slowing export-driven revenues. To navigate these challenges, the sector must focus on accelerating digital transformation, optimizing costs, and strengthening domestic client relationships to sustain growth and remain competitive in an increasingly uncertain trade environment.
The smart food labels research report is one of a series of new reports from The Business Research Company that provides smart food labels market statistics, including the smart food labels industry's global market size, regional shares, competitors with a smart food labels market share, detailed smart food labels market segments, market trends and opportunities, and any further data you may need to thrive in the smart food labels industry. This smart food labels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The smart food labels market size has grown exponentially in recent years. It will grow from $12.39 billion in 2024 to $14.97 billion in 2025 at a compound annual growth rate (CAGR) of 20.8%. The growth in the historic period can be attributed to increased consumer demand for transparency, growth in concerns about food safety, regulatory mandates for nutritional labeling, advancements in technology enabling innovative labeling solutions, high prevalence of food allergies and intolerances, heightened awareness about sustainability prompting eco-friendly labeling initiatives, and the expanding market for personalized nutrition.
The smart food labels market size is expected to see exponential growth in the next few years. It will grow to $31.38 billion in 2029 at a compound annual growth rate (CAGR) of 20.3%. The growth in the forecast period can be attributed to advancements in smart packaging technologies, stringent regulations regarding food safety and labeling, growing adoption of IoT and NFC-enabled devices, rising concerns about food allergies and dietary restrictions, expanding awareness about sustainability and ethical sourcing, and the proliferation of smartphones and mobile applications. Major trends in the forecast period include advancements in technology enabling real-time tracking of nutritional information, rising adoption of IoT devices in kitchens, growing awareness regarding food allergies and dietary restrictions, emergence of personalized nutrition solutions, expanding regulatory requirements for food labeling, and the integration of augmented reality for interactive product information.
The forecast of 20.3% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. The U.S. may face supply chain disruptions as temperature-sensitive inks, RFID sensors, and spoilage detection tags sourced from the Netherlands and Singapore become more expensive for perishable goods packaging. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The rising demand for packaged foods is set to drive the growth of the smart food labels market in the future. Packaged foods, which are pre-prepared, pre-measured, and often pre-cooked products, offer consumers convenience, long shelf life, and are a result of advancements in food technology and globalization. Smart food labels play a crucial role in enhancing transparency, traceability, and consumer engagement by providing comprehensive product information and tracking data. For example, in October 2023, Agriculture and Agri-Food Canada (AAFC) reported that processed food and beverage exports reached a record high of $54.3 billion in 2022, marking a 14.1% increase from the previous year, accounting for 34.7% of total production value. Hence, the increasing demand for packaged foods is anticipated to fuel the growth of the smart food labels market.
Leading companies in the Smart Food Labels market are forming strategic partnerships to create paper-thin tracking devices that improve supply chain transparency and food safety. Strategic partnerships involve companies combining their strengths and resources to achieve shared goals and mutual success. For example, in January 2023, Pod Group, a US-based services company, collaborated with SODAQ, a Netherlands-based manufacturer, and Lufthansa Industry Solutions, a Germany-based technology firm. Together, they introduced the Smart Label Tracking Device at CES, an ultra-thin, reusable tracking solution designed for small and lightweight items. This device features low-power cellular connectivity, temperature monitoring, and geofencing capabilities, providing better visibility and control in logistics while promoting sustainability through the use of recyclable materials.
In October 2023, ProMach Inc., a manufacturer of packaging and processing machinery, acquired Lofton Label Inc. to bolster its labeling and coding capabilities. This acquisition allows ProMach Inc. to incorporate Lofton Label Inc.'s product line, including flexographic packaging roll stock films, stand-up pouches, sachets, and stick packs, into its offerings. Lofton Label Inc., based in the United States, specializes in manufacturing labels and printed flexible packaging materials.
Major companies operating in the smart food labels market are NXP Semiconductors N.V., Avery Dennison Corporation, Zebra Technologies Corporation, CCL Industries Inc, Checkpoint Systems Inc, HID Global Corporation, Sato Holdings Corporation, Intermec Technologies Corporation, Impinj Inc., Paragon ID, Confidex Oy, Invengo Information Technology Co Ltd, Lyngsoe Systems A/S, Alien Technology Inc, Xerafy Ltd., Tageos SAS, Thin Film Electronics ASA, MSM Solutions Ltd., UWI Technology Limited, Qliktag Software Inc.
North America was the largest region in the smart food label market in 2024. The regions covered in the smart food labels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the smart food labels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The smart food labels market consists of sale of quick response-coded food packaging, near-field communication-enabled labels, and radio frequency identification tags. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Smart Food Labels Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on smart food labels market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for smart food labels ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The smart food labels market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.