According to market research study published by Gen Consulting Company, the market size of the global spoil detection-based smart label sector is expected to rise by USD 599 million with a CAGR of 9.3% by the end of 2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the end user, and region. The global market data on spoil detection-based smart label can be segmented by end user: cosmetics, food and beverages, pharmaceuticals, others. The food and beverage segment captured the largest share of the market in 2021. Spoil detection-based smart label market is further segmented by region: North America, Europe, Asia-Pacific, Middle East & Africa, Latin America. North America held the largest share of the global spoil detection-based smart label market in 2021 and is anticipated to hold its share during the forecast period.

The prominent players operating in the global spoil detection-based smart label market include Avery Dennison Corporation, DeltaTrak Inc., EVIGENCE SENSORS Inc, Molex LLC, ShockWatch Inc. (SpotSee), Timestrip UK Ltd.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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