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Time Temperature Indicator Labels Market

According to Coherent

According to Coherent Market Insights analysis, as of 2016, the total food and agriculture industry value was accounted for around US$ 8 trillion, whereas the global sales of packaged food amounted to around US$ 2.2 trillion. Thus, growing food packaging industry is increasing the demand for smart technology to track quality of products, and sense environmental conditions inside and outside the packaging. This in turn, is expected to proportionally boost growth of the time temperature indicator labels market during the forecast period. Time Temperature Indicator Labels Market Taxonomy On the basis of product type, the global time temperature indicator labels market is segmented into: ● ● Color-based Barcode-based On the basis of technology, the global time temperature indicator labels market is segmented into: ● ● ● ● ● ● Photochemical Enzymatic Microbiological Diffusion Polymer-based Others On the basis of labels, the global time temperature indicator labels market is segmented into: ● ● ● Critical Temperature Indicators (CTI) Critical Time Temperature Indicators (CTTI) Time Temperature Indicators (TTI) On the basis of end-use Industry, the global time temperature indicator labels market is segmented into: ● ● ● ● Food and Beverages Healthcare and Pharmaceuticals Chemicals and Fertilizers Others

Request for Discount : https://www.coherentmarketinsights.com/insight/request-discount/1168 Time Temperature Indicator Labels Market: Regional Insights The global time temperature indicator labels market is segmented on the basis of regions, into North America, Europe, Asia-Pacific, Latin America, and Middle East, and Africa. The market for Asia-Pacific is expected to register highest CAGR during forecast period due to growing number of retail stores, ecommerce businesses, and super markets in emerging economies such as China and India. This in turn, is expected to increase the demand for cold storage, intelligent packaging, and temperature monitoring technology in the region. To provide these facilities time temperature indicators are increasingly being adopted by the packaging industry to maintain quality of the seafood, meat, poultry, and ready-to-eat food products. According to Coherent Market Insights analysis, in 2014, around 2,091 billion units of packaged food products were sold and is projected to reach 2,578 billion units by 2019. This increase in consumption of packaged food, in turn, is expected to boost growth of time temperature indicator labels market. Time Temperature Indicator Labels Market: Competitive Background Major players operating in the global time temperature indicator labels market include 3M Co., CCL Industries Inc., Temptime Corporation, Thin Film Electronics Inc., Bizerba SE & Co. KG, Deltatrak Inc., Biosynergy, Inc., Freshpoint Quality Assurance Ltd., Insignia Technologies Ltd., La-Co Industries Inc., Lcr Hallcrest Llc., and Nigk Corporation. For More Information : https://www.coherentmarketinsights.com/ongoing-insight/time-temperature-indicator-lab els-market-1168

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