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Food & Beverages Coding and Marking Equipment Market Report 2025: Set to Reach $2.66 Billion by 2033 Driven by Mandated Regulations and Tech Innovations
Globenewswire· 2025-03-19 11:28
Core Insights - The global food and beverages (F&B) coding and marking equipment market size was USD 1.74 billion in 2024 and is projected to reach USD 2.66 billion by 2033, with a CAGR of 4.59% from 2025 to 2033 [1][12]. Market Drivers - The rise in counterfeit products has led governments to enforce strict regulations requiring F&B manufacturers to provide detailed product information on packaging, boosting demand for modern coding and marking equipment [2]. - Increasing health and safety concerns among consumers have driven the demand for products with regulatory certificates and traceability tags [2]. Technological Advancements - The market has seen significant technological advancements, including printers that recycle unused ink to minimize waste and production costs, as well as equipment designed to reduce downtime through lower replacement requirements [4]. Market Segmentation - **By Type**: Primary packaging coding holds the largest market share [6]. - **By Technology**: Continuous inkjet technology is the leading segment [7]. - **By Application**: The food industry dominates the global market share [8]. Regional Insights - North America currently leads the global market for F&B coding and marking equipment [9]. Competitive Landscape - The market comprises numerous small and large manufacturers, with key players including Danaher Corporation, Domino Printing Sciences plc, and Hitachi Ltd. [10][14].