Growing Consumer Awareness Regarding Food Products Is Envisioned To Flourish The Growth Of Smart Food Labels Market, According To Research Nester
“Smart Food Labels Market: Global Demand Analysis & Opportunity Outlook 2024” The global smart food labels market is segmented into technology such as RFID (Radio-Frequency Identification) labels and sensing labels. Additionally, RFID segment is further sub-segmented into low frequency (LF) RFID, high frequency (HF) RFID and ultra-high frequency (UHF) RFID. Moreover, high frequency (HF) RFID segment is projected to showcase a significant growth over the forecast period. Further, the growth of this segment is riding on the back of rising adoption of innovative technology by food industry to provide detail of the food item. Global smart food labels market is expected to register a 15.2% CAGR over the forecast period. Moreover, the global smart food labels market is projected to expand at a exponential revenue during the forecast period i.e. 2017-2024. The market is expected to expand on the back of rising development of smart infrastructure in developing nations such...