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Global Smart Label Market to Generate Revenue of $21.04 Billion by 2028 | By 2050, Over 60% Food Products will be Smart Labelled

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Westford, USA, Sept. 06, 2022 (GLOBE NEWSWIRE) — As the world moves towards a more digital age, many companies in the global smart label market are starting to adopt standardized ‘smart labels’ for their products. A smart label uses embedded technology like RFID, NFC, and QR Code, among others to communicate specific information about the product. This information can include the manufacturing country of origin, ingredients, nutritional values, expiry and more. The benefits of using smart labels are manifold. For one, they allow consumers to make more informed choices about what they buy. This can help reduce environmental waste and improve food safety. Moreover, it can help companies tap into new markets by targeting specific demographics with relevant information.

Some of the manufacturers in the smart label market who are leading the way in developing smart labels include Coca-Cola, PepsiCo, General Mills, Mondelez International, and Unilever. These companies are investing in technologies such as RFID tracking, natural ingredients, and real-time analysis of product data. They are also working to create sustainable supply chains that protect workers’ rights and ecosystems.

As more companies adopt smart labels, the global smart label is expected to grow rapidly. This will help to ensure that products are ethically sourced and transparently labeled. The benefits of using smart labels include increased consumer confidence and reduced environmental impact.

SkyQuest has published a report on global smart label market. The report provides detailed insights about market analysis, market forecast, dynamics, key players, consumption, technology landscape, market share analysis, pricing analysis, value chain analysis.

Get sample copy of this report:

https://skyquestt.com/sample-request/smart-label-market

Growing Adoption of Smart Label to Reduce Food Wastage

With more and more people becoming aware of the food waste problem, companies are starting to adopt smart label technology in order to reduce the amount of food that goes to waste. So far, companies like Amazon, Coca-Cola, and Nestle have been some of the largest adopters of smart label technology, and they’ve seen great results.

There are many different types of labels available in the global smart label market, but the simplest type is an electronic tag that is attached to individual food products. This tag has a code that can be read by a scanner in the grocery store. When the code matches the code on the label, the product is assumed to be safe to eat. This system has had a large impact on reducing food waste in Europe. Between 2010 and 2021, food waste decreased by 30% in Europe using this technology.

In 2021 alone, Amazon reduced food waste by 28% across all its global operations. In addition, they saved an estimated 346 million pounds (153 million kilograms) of food from going to landfills. Another player in smart label market, Coca-Cola also saw great results with their smart label program. Between 2018 and 2021, the company reduced food waste by 2.5 billion pounds (1.1 billion kilograms). Nestle also saw positive results with their smart label program. Between 2016 and 2018, the company reduced food waste by 1 trillion calories. This is a massive reduction considering that in 2016 food waste amounted to approximately 1.3 trillion calories worldwide.

Recently in August 2022, Oli Tec has brought innovation in the smart label market with its advanced technology. Wherein, the smart label makes the expiry date obsolete by indicating quality packaged food on color scale. The label is temperature sensitive and changes it color from yellow to red. Also, it shows blue if stored at required temperature. Currently, the company is in talks with numerous supplier and supermarket based in the US and UK to perform the trials in real life environment. This would further help the manufacturers to understand if their any disturbance in cold supply chain or know if there is any breach in supply chain.

SkyQuest has done through market research for global smart label market and have identified how the market is changing and shifting to smart label. The report covers current adoption and future prospective in the market. This will help the market players in gaining insights about consumer behavior, industry dynamics, top manufacturers, top vendors, leading companies using smart label and their source, and supply chain analysis, among others.

Browse summary of the report and Complete Table of Contents (ToC):

https://skyquestt.com/report/smart-label-market

SkyQuest Says, over 60% of all Food products are Likely to be Smart Labelled by 2050

By 2050, over 60% of all food products will be labelled with some form of smart technology. As per SkyQuest study, the growth potential for smart label market is vast. From providing information about ingredients to automating data collection for nutritional analysis and fortifying tracking of safety recalls, there are countless opportunities for manufacturers to leverage smart labels to improve the quality, safety and transparency of their products.

The aim of smart labelling is to help consumers make informed choices about their food. By providing information about specific ingredients and nutritional values, consumers can be more confident about the quality and content of the food they are buying.

According to the Food Standards Agency (FSA), smart label market could have a significant impact on consumer behavior. Smart labelling could lead to a reduction in consumer intake of unhealthy foods, and it could also help to encourage people to eat more fruit and vegetables.

Governments across the world are Increasingly supportive of Smart Labelling and are taking steps to make it a reality. The UK, one of the early adopters in the global smart label market, has announced that it will invest £240 million over the next 10 years in support of Smart Food Initiatives, and Brazil is planning to implement a National Program for Label Innovation by 2023. Smart labelling is already becoming a reality in some countries, including Australia and New Zealand. In Europe, there are a number of regulations that require companies to label food products with nutritional information, product origin, and GMO information.

Latest Technology Developments in Smart label Market

  • In August 2022, Oli Tec developed a temperature sensitive smart label that can detect breach in cold supply chain, indicate quality of food by color coding
  • In August 2022, Adrich, US based players, have developed a smart label that can help track the data and usage and allow the uses to automatically reorder, also called smart-replenishment options. This can also be a revolution in the smart home labeling industry. Recently, the company has signed a pact with Amazon for embed replenishment option for the e-commerce giant and it they are planning to introduce the option in 2023
  • In August 2022, All4Labels Global Packaging Group introduced new ‘QR Marketing GmbH’ brand for brand protection and improving customer engagement

SkyQuest has tracked all the latest development related to the smart label market and prepared report. This development will help you understand how the market is changing and what technology are being introduced and developed. The report would also provide complete analysis of technology and its impact on market and existing players.

Speak to Analyst for your custom requirements:

https://skyquestt.com/speak-with-analyst/smart-label-market

Top Trends in Global Smart Label Market

  • One of the most exciting trends in the smart labelling industry is the increase in transparency within the food supply chain. This means that consumers have access to more information about what they are eating, which is good for their health and the environment. Another trend in the smart labelling industry is the use of QR codes on food packaging. This allows people to scan the code and access additional information, such as ingredients and nutrition facts.
  • Increased adoption of RFID technology in smart label market for tracking and tracing smart labeling products throughout the supply chain.
  • Adoption of Smart Labels by Major Retailers: One of the most important trends in the smart labelling industry is the adoption of labels by major retailers such as Walmart, Kroger, Aldi, and Carrefour. They are gradually introducing these labels in their stores to help consumers make more informed choices about their food.
  • Use of artificial intelligence (AI) to analyze data from smart labels
  • Proliferation of standards and certification in smart labelling:

As the smart label market grows, there is a proliferation of standards and certification bodies that are trying to ensure the quality and accuracy of their products. This has led to the development of more specific and intensive requirements for products labelled as smart, such as the need for biometric data to be verified or for labeling to be compliant with certain regulations.

Top Players in Global Smart Label Market

  • Avery Dennison Corporation (US)
  • Advantech Co., Ltd. (Japan)
  • Checkpoint Systems, Inc. (US)
  • Alien Technology, Inc. (US)
  • CCL Industries Inc. (US)
  • Multi-Color Corporation (US)
  • Invengo Technology Pte. Ltd. (China)
  • Mühlbauer Group (Germany)
  • Thin Film Electronics ASA (US)
  • Sato Holdings Corporation (Japan)
  • Zebra Technologies Corporation (US)
  • Smartrac N.V. (EU)

Related Reports in SkyQuest’s Library:

Global Education Technology Market

Global Mobile Security Market

Global Sales Intelligence Market

Global Fraud Detection And Prevention Market

Global Software Defined Data Center Market

About Us:

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

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1 Apache Way, Westford, Massachusetts 01886

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USA (+1) 617-230-0741

Email: [email protected]

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GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Enghouse Video Partners With SONIFI Health To Deliver Advanced Telehealth Solutions In Hospital Rooms

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MARKHAM, ON, April 25, 2024 /PRNewswire/ — Enghouse Video, a global leader in cutting-edge video technology solutions, today announced its partnership with SONIFI Health, enhancing virtual care in hospital settings.

SONIFI Health is a leading U.S. healthcare technology company based in Sioux Falls, South Dakota. The new partnership leverages and integrates Enghouse Video room systems technology to support SONIFI Health’s commitment to expanding telehealth applications and system optimizations in hospital settings.
Enghouse’s VidyoRooms solution, a sophisticated video conferencing technology that combines both software and hardware solutions, has been fully integrated into SONIFI Health’s interactive TV systems. This integration provides up to 4K high-quality video conferencing, multi-party sessions and robust security features that ensure full compliance with healthcare regulations.
Enghouse Video offers an immersive telehealth platform to support collaborative interdisciplinary care, improved patient outcomes and cost savings. The platform is flexible and simple, delivering the reliability, interoperability, and scalability needed for today’s healthcare environment. A key strength of the partnership is its offering of back-end integrations like patient portals, medical devices, EMR, tele-sitting, remote patient observation and consultation.
“Hospitals can choose the telehealth partner that’s right for them, and we incorporate that solution with interactive TV,” said Brian Nido, SONIFI Health’s Vice President of Customer Success. “Using the hardware and systems they already have in patient rooms helps hospitals reduce costs and maximize the value of their existing investments, while benefiting both clinicians and patients.”
SONIFI Health and Enghouse Video continue to collaborate closely to further refine and enhance the telehealth solutions provided to healthcare facilities. This partnership reflects a shared commitment to leveraging technology to create smarter hospital rooms and improve patient care across the healthcare spectrum.
About Enghouse VideoEnghouse Video, part of the Enghouse Interactive division, is a subsidiary of Enghouse Systems Limited, a vertically focused software and services company traded on the Toronto Stock Exchange (TSX: ENGH). Through highly secure, scalable and flexible Cloud-based or On Prem services, we deliver one of the world’s highest quality and most innovative video platform to video-enable any application or idea. From advanced video conferencing and collaboration tools to state-of-art enterprise video management, Enghouse Video is a unique player in multiple markets, including telehealth. Learn more at www.enghousevideo.com, read our blog, or follow us on Twitter at @EnghouseVideo, on LinkedIn, and on Facebook.
About SONIFI HealthSONIFI Health provides market-leading interactive patient engagement technology proven to improve patient outcomes and staff productivity. The EHR-integrated platform is designed to enhance patient and family experiences while increasing staff satisfaction and organizations’ operational efficiencies. As part of SONIFI Solutions, Inc., the company annually supports more than 300 million end user experiences. Learn more at sonifihealth.com.
Enghouse Video Contact: Sylvain Awad, Director, Demand Generation, Enghouse Video, part of Enghouse Interactive Division, [email protected]

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Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow

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Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.

Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
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ScreenPoint Medical Leadership Transition: Pieter Kroese Confirmed as CEO

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Leading Breast AI Company, creator of industry-leading Transpara®, promotes from within for new CEO
NIJMEGEN, Netherlands, April 25, 2024 /PRNewswire/ — ScreenPoint Medical, today announced a significant transition in its leadership as Mark Koeniguer, the current CEO, steps down from his position. Mark served as CEO since 2022 and was instrumental in ScreenPoint’s commercial growth and success over the past 2 years.

 
 
The company’s Board of Directors has appointed Pieter Kroese as the new Chief Executive Officer effective April 25, 2024. Pieter takes the role after serving as COO of ScreenPoint for over five years. During that time, he has managed the transition of the company from an early startup to a thriving enterprise with hundreds of customers using ScreenPoint’s flagship Transpara software to support millions of scans a year.
“I am thrilled to lead ScreenPoint into its next phase of growth and innovation,” said Mr. Kroese. “I am deeply committed to building upon the strong foundation we have and continuing to work closely with our talented team to drive continued success. We are already expanding screening capacity and capability through proven reader support – we look forward to increasing our ability to support providers and women moving forward.”
Sir Michael Brady, Chairman of the Board at ScreenPoint Medical and a co-founder of the company, expressed enthusiasm about Pieter’s appointment, stating, “Pieter’s remarkable leadership qualities, coupled with his depth of knowledge of our product and industry, make him the perfect choice to lead ScreenPoint into the future. His strategic mindset and commitment to excellence align perfectly with our company mission of early breast cancer detection. Pieter has been an integral part of our growth to date and will provide seamless leadership through this transition into our next chapter for our customers, partners, and team.”
Author of “No Longer Radical” and over a hundred peer-reviewed publications on breast imaging, Dr. Rachel Brem is a Transpara user and ScreenPoint Board Member. Dr. Brem welcomed Mr. Kroese with the following: “Pieter has been an integral part of the ScreenPoint team for years. I am confident that his leadership will continue to deliver product excellence: earlier detection with outstanding reading workflow and improved patient outcomes. We continue to see these results from clinical sites all over the world, including many here in the United States. No other Breast AI solution has demonstrated the same results as Transpara, and I am confident that the team will continue to push on these frontiers under Pieter’s leadership.” 
The entire team at ScreenPoint extends its gratitude to Mark Koeniguer and wishes him every success in the future, while warmly welcoming Pieter Kroese into his new role as CEO.
About ScreenPoint Medical
ScreenPoint Medical translates cutting edge machine learning research into technology accessible by radiologists to improve screening workflow, decision confidence and breast cancer risk assessment. Transpara is trusted by radiologists globally because it has been developed by experts in machine learning and image analysis and updated with user feedback from world-renowned breast imagers.
See all the proof at: https://screenpoint-medical.com/evidence.
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