Internet of Things and Traceability for Food & Beverage Manufacturing Market, Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 21, 2018--The “Internet of Things and Traceability for Food & Beverage Manufacturing Market, Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The Internet of Things (IoT) and traceability for food and beverage (F&B) manufacturing market was valued at $4.08 billion in market revenue in 2017 and is expected to reach $8.43 billion by 2025, growing at a compound annual growth rate (CAGR) of 9.5%.
Key drivers expected to support market growth include the F&B end user growth (with market penetration growth expected to be strong and contribute 4% during the forecast period) and price-related growth related to end users demanding more complex and customized solutions in their respective factories.
This research service provides market insights on IoT and traceability for F&B manufacturing, in terms of global revenue (USD billion), growth opportunities, and details on the competitive landscape and the major factors influencing growth, along with the technology trends and funding activities in the marketplace. The time frame of this study is from 2017 to 2025. The base year is 2017 and growth forecasts are provided up to 2025.
Key Issues AddressedWhat was the market size of the IoT and traceability for F&B manufacturing market in 2016 and what is the expected market size at the end of 2025, along with the growth rate? What are the noteworthy trends for IoT and traceability for F&B manufacturing that would ensure complete safety and hygiene in food manufacturing plants? What are the upcoming and promising technologies the IoT and traceability for F&B manufacturing market is expected to witness growth, and how are these likely to change the market in the near future? What are the key challenges that will impact the major participants and how can they overcome these challenges? What are the primary trends related to consumers that will contribute to the overall growth of the sanitation market?
Key Topics Covered:Executive Summary Total IoT and Traceability for F&B Manufacturing Market Total IoT and Traceability for F&B Manufacturing Market Analysis Growth Opportunities in IoT and Traceability for F&B Manufacturing The Last Word Appendix For more information about this report visit https://www.researchandmarkets.com/research/cdjkq2/internet_of?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180921005141/en/
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Related Topics:Food and Beverage,Internet of Things and M2M,Food Safety
KEYWORD: NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY INTERNET MANUFACTURING OTHER MANUFACTURING RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/21/2018 05:25 AM/DISC: 09/21/2018 05:25 AM