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Crisis Management Software Market to Grow by USD 2.6 Billion (2024-2028) as AI and Blockchain Adoption Boost Trends, Technavio Reports

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NEW YORK, Oct. 7, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global crisis management software market size is estimated to grow by USD 2.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  5.4%  during the forecast period. Rising adoption of blockchain in crisis management software is driving market growth, with a trend towards growing number of partnerships among market participants. However, threat from open source crisis management software  poses a challenge. Key market players include 4C Group AB, Altia Solutions Ltd., Eaton Corp. Plc, Everbridge Inc., F24 AG, Haystax, Hexagon AB, Honeywell International Inc., IntraPoint AS, Iridium Communications Inc., Konexus Inc., MetricStream Inc., Moodys Corp., Noggin Corp., Onspring Technologies LLC, RiskLogic Pty Ltd., SAS Institute Inc., The Response Group LLC, Transputec Ltd., and YUDU Ltd..

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Crisis Management Software Market Scope

Report Coverage

Details

Base year

2023

Historic period

2017 – 2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.4%

Market growth 2024-2028

USD 2621.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.13

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 30%

Key countries

US, China, UK, Germany, and Canada

Key companies profiled

4C Group AB, Altia Solutions Ltd., Eaton Corp. Plc, Everbridge Inc., F24 AG, Haystax, Hexagon AB, Honeywell International Inc., IntraPoint AS, Iridium Communications Inc., Konexus Inc., MetricStream Inc., Moodys Corp., Noggin Corp., Onspring Technologies LLC, RiskLogic Pty Ltd., SAS Institute Inc., The Response Group LLC, Transputec Ltd., and YUDU Ltd.

Market Driver

The crisis management software market is witnessing intense competition among vendors, leading them to form strategic partnerships and acquisitions with various market participants. These collaborations include software providers, technology providers, and platform providers. Partnerships and acquisitions enable vendors to expand their product offerings, geographical reach, and access to technological expertise. For instance, Everbridge’s partnership with National Public Warning Solutions and samdesk allows for the integration of samdesk’s AI-powered crisis detection feeds with Everbridge’s Crisis Event Management (CEM) suite. This collaboration provides organizations with complete situational intelligence before, during, and after critical events, enabling them to take proactive action on life-saving and operational continuity workflows. Similarly, Everbridge’s partnership with digital transformation leader ATOS expands Everbridge’s EEM adoption globally, benefiting ATOS clients with access to Everbridge’s critical event management solutions, ensuring business continuity and employee safety. The increasing number of such partnerships and acquisitions is expected to drive the growth of the global crisis management software market.

The Crisis Management Software Market is witnessing significant growth due to the increasing need for business continuity and disaster recovery solutions. The market caters to various sectors including natural disasters, man-made catastrophes, government standards, climate risks, terrorist attacks, geo-political conflicts, and cyber threats. Real-time interaction, emergency communications, and situational awareness are key features in demand. Cloud-based solutions are popular for their flexibility and scalability, while on-premise deployment offers greater control. Risk assessment is crucial for organizational resilience, with tools providing advanced analytics for incident analysis and automated incident response. Crisis management software is essential for large enterprises, healthcare, and manufacturing sectors, ensuring compliance management, incident management, communication tools, crisis response, and operational disruptions. Government and defense, IT and telecom, and family reunification are other significant markets. Emergency notification systems, training and simulation, and compliance management are integral parts of crisis preparedness. Public health crises and cyberattacks require specialized crisis management tools. The market offers various deployment options, including public, private, and hybrid cloud, catering to diverse business needs.

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Market Challenges

Open-source crisis management software poses a significant challenge to the growth of the global crisis management software market. These free applications, developed by organizations or communities, are increasingly popular among small and medium enterprises (SMEs) and startups due to their low IT budgets. While open-source solutions like Open-Source Risk Engine (ORE), OpenEX, and Open Broadcaster offer cost savings, they come with limitations. Advanced features are often not included, and organizations must customize the software or pay extra for additional functions. Moreover, technical support is not always readily available, requiring in-house personnel to address errors. Despite these challenges, the demand for risk management and asset tracking in financial institutions is driving new vendors to offer freeware solutions during the forecast period. Consequently, the market growth may be impacted by the availability of open-source crisis management software.The Crisis Management Software Market faces various challenges in today’s dynamic business environment. On-premise deployment requires significant investment and maintenance, while risk assessment is crucial for effective crisis management. An Emergency Notification System is essential for timely communication during crises, but training and simulation are necessary to ensure proper usage. Family reunification, government and defense, IT and telecom, and compliance management are key sectors requiring advanced crisis management tools. Incident management, communication tools, and crisis response are essential components, addressing operational disruptions, advanced analytics, and crisis preparedness. Public health crises and cyber threats necessitate emergency response capabilities. Automated incident response and proactive management are essential for large enterprises, healthcare, manufacturing, and other industries facing security threats. Digital solutions offer flexibility through public, private, and hybrid cloud options, enabling crisis response planning and incident analysis for business operations.

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Segment Overview 

This crisis management software market report extensively covers market segmentation by  

Component 1.1 Solution1.2 ServicesDeployment 2.1 On-premises2.2 Cloud-basedGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Solution-  The crisis management software market’s solution segment is experiencing significant growth due to the escalating demand for tools that enable organizations to effectively manage and respond to crises. This segment encompasses a range of software offerings designed to streamline crisis response efforts and minimize disruptions. The interconnected world we live in has heightened the speed and impact of crises, necessitating advanced solutions. New technologies, such as AI and ML, are being integrated into crisis management software to provide real-time data and insights for informed decision-making. The frequency and complexity of crises have intensified the requirement for and all-encompassing solutions. Crisis management software solutions offer essential features to facilitate real-time communication and collaboration among teams, ensuring seamless coordination, information sharing, and decision-making, even in remote environments. Moreover, the emphasis on adhering to compliance and regulatory requirements has significantly contributed to the expansion of the crisis management software market. Organizations must adhere to various legal and industry-specific guidelines during crisis situations. Crisis management software solutions often incorporate compliance features, enabling organizations to maintain detailed records and demonstrate due diligence. Products in this segment include communication and collaboration tools, incident reporting and tracking systems, risk assessment and forecasting tools. The need for efficient and comprehensive crisis response capabilities, the integration of digital technologies and remote work practices, the adoption of AI and ML capabilities, and the focus on compliance and regulatory requirements are expected to fuel the growth of the global crisis management software market’s solution segment throughout the forecast period.

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Research Analysis

Crisis management software is a vital solution for businesses and organizations to prepare for and respond effectively to various crises, including natural disasters, man-made catastrophes, terrorist attacks, and cyberattacks. This software enables business continuity, disaster recovery, and emergency communications, providing real-time interaction and situational awareness. It helps manage resources, data, and assess risks, ensuring organizational resilience and compliance with government standards. Climate risks are also addressed, as well as incident analysis and emergency response. Crisis management tools include automated incident response, disaster recovery solutions, and cybersecurity features. Cloud deployment options include public, private, and hybrid, catering to the needs of large enterprises and healthcare organizations.

Market Research Overview

The Crisis Management Software Market encompasses a range of solutions designed to help organizations prepare for, respond to, and mitigate various types of crises. These crises can include natural disasters, man-made catastrophes, terrorist attacks, geo-political conflicts, cyber threats, and operational disruptions. The market offers business continuity and disaster recovery solutions to ensure organizational resilience, data and resource management, and real-time interaction for situational awareness. Government standards, climate risks, and public health crises are also addressed. Advanced analytics, automated incident response, and compliance management are key features. Solutions can be deployed as cloud-based or on-premise, and include emergency notification systems, training and simulation, family reunification, and crisis response planning tools. Crisis preparedness is essential for government and defense, IT and telecom, healthcare, manufacturing, and large enterprises. Digital solutions enable proactive management and crisis response planning for various sectors.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentSolutionServicesDeploymentOn-premisesCloud-basedGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Huawei and IUCN Launch Tech4Nature Project to Protect Kenya’s Coral Reefs

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NAIROBI, Kenya, Jan. 10, 2025 /PRNewswire/ — Huawei, International Union for Conservation of Nature (IUCN), and local partner Kenya Wildlife Service (KWS) have launched a Tech4Nature project to monitor and protect coral reef and biodiversity in Kenya’s Kisite-Mpunguti Marine Park and Reserve.

Aligned with Huawei’s TECH4ALL initiative and the IUCN Green List, the objective of the three-year project is to strengthen monitoring and management efficacy of the protected area. Located on the southern coast of Kenya, Kisite-Mpunguti Marine Park and Reserve faces a number of nature conservation challenges. These include:

Illegal fishing and insufficient human resources to effectively patrol the area.A lack of remote monitoring of the reserve’s three coral islands coupled with pressures created by tourism, as the fringing reefs are popular diving sites.Limited community awareness of the importance of reef and biodiversity protection.Insufficient communications network infrastructure for underpinning tech-driven monitoring.

“Tech4Nature is an expansive project that falls under Huawei’s digital inclusion initiative TECH4ALL, where we look at ways to implement technology and innovation in various sectors of our day today life and improving global standards and ensure that we have a sustainable way of life in the world,” said Khadija Mohamed, Director of Media and Government Relations for Huawei Kenya.

Underwater cameras, photogrammetry, and audio monitoring technologies will be deployed to monitor marine life, including the biomass and population of parrot fish. In many coral reef ecosystems, parrot fish are a keystone species that, due to their diet, help prevent coral from being smothered by seaweed and algae. The solution will also monitor substrate cover in the reef ecosystems, seagrass cover, and the occurrence of green turtles and bottlenose dolphins, which are classified on the IUCN Red List as endangered and vulnerable, respectively.

“The technology we are introducing is a groundbreaking development for marine conservation in Kenya. It will serve as the first monitoring tool for data collection, analysis, and management in a marine protected area. Additionally, this innovation presents an opportunity to assist the park in attaining IUCN Green List certification, aligning with the sustainability goals valued by tourists and ensuring that future generations can continue to benefit from our marine parks,” said Innocent Kabenga, Country Representative for the IUCN Kenya Country Office.

AI trained to recognize specific target species by sight or sound will provide real-time data-driven insights into the behaviors, populations, and distribution of biodiversity in the reserve and reef ecosystem. The system will also be able to identify boats used for illegal fishing, and send alerts for rangers to intervene in near real time.

A digital power solution and improved network connectivity covering the park and watch tower will enable the rapid transmission of collected data to a cloud server for analysis by AI.

The project will be implemented in partnership with Kenya Wildlife Service (KWS) and Wildlife Research and Training Institute (WRTI). Based on the project’s data-driven insights, the Tech4Nature partners will be able to develop targeted conservation measures for the reserve.

“For us to deliver our mandate of protecting and conserving our wildlife in both terrestrial and marine ecosystems, you have to understand your resources very well. We are partnering with Huawei and IUCN to deploy underwater cameras to acquire some data on marine mammal, corals, and fisheries to make informed decisions. The advantage of this technology it can be deployed in wider area that we couldn’t patrol every single day to get data for day and night for us to make good, informed decisions,” said Adan Kala, Senior Assistant Director, Coast Conservation Area, Kenya Wildlife Service.

In addition, the project will include community outreach to raise awareness about biodiversity changes over time and the presence of different species, including those that are threatened, vulnerable, or endangered.

The site will be assessed against the IUCN Green List Standard, with the goal being that the reserve obtains Green List certification.

About Tech4Nature

Huawei and IUCN launched the Tech4Nature global partnership in 2020 to scale up success in nature conservation through technological innovation. Aligned with Huawei’s TECH4ALL initiative and the IUCN Green List, Tech4Nature has supported 11 flagship projects in 8 countries with tailored solutions to conservation challenges.

Visit the Tech4Nature website: https://tech4nature.iucngreenlist.org/what-is-tech4nature/ 

About TECH4ALL

TECH4ALL is Huawei’s long-term digital inclusion initiative and action plan. Enabled by innovative technologies and partnerships, TECH4ALL is designed to enable inclusion and sustainability in the digital world.

Visit the Huawei TECH4ALL website at https://www.huawei.com/en/tech4all

Follow us on X at https://x.com/HUAWEI_TECH4ALL 

 

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CES 2025 | AAC Technologies Unveils Comprehensive Automotive Solutions, Paving the Way for Cabin Experience Evolution

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — At the Consumer Electronics Show (CES) 2025, AAC Technologies, a pioneer in sensory experience, showcased its industry leadership by introducing a full spectrum of automotive solutions that span “acoustics, haptics, sensing, and image recognition.” Drawing on over three decades of expertise in the development and manufacturing of cutting-edge consumer electronics micro-components, AAC is now poised to offer a comprehensive, precise, real-time, and immersive sensory experience to the automotive sector, reinforcing its position as a trusted partner ready to meet the industry’s evolving technological and product demands.

Catering to the surging market demand, AAC presents a ready-to-deploy portfolio of automotive product solutions that address the critical aspects of intelligent driving and cabin experiences. The company is committed to expanding its innovative product offerings to lead the industry. AAC has been steadily expanding in the automotive industry since 2019, largely driven by the growing adoption of its automotive solutions. These solutions are playing an important role in advancing the capabilities of intelligent cockpits.

AAC’s Automotive Acoustic Solutions for Digital Cockpits

AAC Technologies has unveiled its cutting-edge digital cockpit solutions, showcasing a fusion of innovation in acoustics. AAC offers a holistic approach to audio system design, encompassing hardware, algorithms, and fine-tuning, all aimed at delivering a supremely immersive audio experience across various scenarios.

At CES, AAC set up a state-of-the-art 7.1.4 listening room, showcasing its self-developed advanced automotive audio algorithms such as Independent Sound Zones, NLC PRO (distortion suppression), Audio Track Separation, Virtual Surround (Plus), Virtual Venue, and 3D Chime. In collaboration with Premium Sound Solutions (PSS), a world-leading provider in acoustic components and sound systems, AAC has presented an array of top-tier offerings, including automotive speaker products and solutions, which garnered significant attention.

AAC also introduced the “Smart Audio Box,” a joint creation with Smart that marks the industry’s first all-scenario portable Hi-Fi speaker system designed for vehicles. Debuted on the Smart #5 model, this speaker system offers a unique audio experience, blending the boundaries between driving and the wild world of sound.

AAC’s Automotive Haptic Seat Solutions

The automotive industry is now redefining the car as more than just a way to get around—it’s becoming an extension of our living spaces. With this shift, expectations for the in-car experience are soaring, particularly when it comes to the haptic feedback and auditory elements of smart cockpits. At CES, AAC unveiled its groundbreaking haptic seat solution for vehicles, which fuses advanced haptic and acoustic technologies to create a more tranquil driving safety alert system , amp up entertainment with immersive sound, and even simulate engine sounds for an authentic driving feel, all while providing a space for relaxation and meditation. This innovation, a joint effort with Porsche China’s Innovation Office as part of the Rhythm Space project, is set to redefine comfort and pleasure in the driving experience for all on board.

AAC’s Automotive Sensing Solutions

AAC is leading the way in providing advanced sensing solutions and sensor technologies tailored for the automotive industry. AAC’s automotive-grade MEMS microphones boast a compact design, exceptional signal clarity(SNR), minimal distortion(THD), and a consistent frequency response. They also excel in maintaining uniform sensitivity and phase alignment, which translates to enhanced voice services and reliability in both the cabin and exterior environments. This innovation significantly boosts the user experience in voice interactions across a range of applications.

In addition, AAC has unveiled a line of vehicular inertial products, highlighted by our trio of high-performing MEMS IMUs. These units are engineered for accuracy and stability, designed to meet the diverse demands of various applications. They play a pivotal role in ensuring precise vehicle positioning and safety during the critical phases of advanced driver assistance and autonomous driving, reinforcing our dedication to advancing automotive safety and interaction.

AAC’s Automotive Image Recognition Solutions

In the ongoing quest for enhanced intelligent driving, ensuring safety and comfort has become a primary focus in the automotive industry. At this year’s CES, AAC showcased its complete lineup of lenses and camera modules. This includes those for intelligent driving applications like ADAS and surround view, as well as those for intelligent cockpit features such as DMS and OMS. Furthermore, AAC presented an integrated cockpit monitoring system. Collectively, these innovations provide accurate data for machine vision, thereby enhancing safety and intelligent driving capabilities. AAC’s solutions are designed to meet rigorous industry standards, including the EU’s DDAW (Driver Drowsiness and Attention Warning), E-NCAP (European New Car Assessment Programme), and China’s GB/T 41797-2022 “Performance Requirements and Test Methods for Driver Attention Monitoring Systems”.

AAC has also expanded its product line with a variety of automotive motor solutions. For example, AAC’s brushless motors, known for their quiet performance and adaptability, ensure a smooth and quiet experience for seat adjustments. AAC also offers linear control brake motors (EMB motors), linear control steering motors (RWA and HWA motors), and general EPS motors for advanced chassis applications, all of which have been tested and validated in multiple vehicle models. As the automotive industry advances towards higher levels of driving assistance, the adoption of linear control systems for chassis is becoming crucial. These motors use sensors to detect environmental information, replacing mechanical connections with electrical signals. This technology offers high precision, fast response times, compact designs, and lightweight construction, making it suitable for mass production. In scenarios such as highway driving, navigating narrow roads, and parking, these systems greatly enhance user comfort and meet the increasing demands for improved vehicle maneuverability and active safety.

Moving forward, AAC Technologies will continue to collaborate closely with automotive industry partners. By staying attuned to user preferences and driving technological advancements, AAC aims to lead the industry trend. The company’s focus is on delivering an outstanding intelligent cockpit experience, making every drive a source of joy and immersive sensory pleasure.

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Smart Food Packaging Market worth $35.69 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Jan. 10, 2025 /PRNewswire/ — The smart food packaging market is estimated at USD 26.42 billion in 2024 and is projected to reach USD 35.69 billion by 2029, at a CAGR of 6.2% from 2024 to 2029, according to a report published by MarketsandMarkets.

The study ‘Active Packaging in the Food Industry’, published in October 2024, explores the growing significance of active packaging in response to changing consumer demands and market trends. Unlike traditional packaging, which is designed to be inert, active packaging interacts with the product and its environment to extend shelf life and maintain food quality. This can involve incorporating additives into packaging systems, such as oxygen and ethylene scavengers, antimicrobial agents, antioxidants, and flavor-absorbing or releasing compounds. Intelligent packaging systems, like time-temperature indicators and gas detectors, are also discussed, emphasizing the importance of consumer acceptance for the commercial success of these technologies. The study reviews key mechanisms used in active packaging, including oxygen scavengers, which reduce the presence of oxygen in food packaging by using iron-based or ascorbic acid-based systems. These methods help maintain product freshness by limiting oxidative damage. Carbon dioxide-generating systems are also used to suppress microbial growth, particularly in meat, poultry, fish, and cheese packaging. Furthermore, ethylene scavengers are vital for extending the shelf life of fruits and vegetables by controlling ripening processes.

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Other applications discussed include the use of flavor and odor absorbers/releasers, which enhance the sensory properties of packaged food, and antimicrobial packaging that inhibits microbial growth to ensure food safety. The potential of nanotechnology to develop new and more effective active and intelligent packaging solutions is highlighted, paving the way for further innovations in the food packaging industry. This study underscores the need for advanced packaging technologies to meet consumer demand for fresh, safe, and high-quality food products and their critical role in prolonging shelf life and improving food safety.

The Meat, Poultry & Seafood is the having a largest share within the application sector of the smart food packaging market.

Due to growing global demand, meat, poultry, and seafood accounts for the highest market share of application in the smart food packaging market. Its needs lie in extending shelf life, safety, and traceability. As per data provided by the USDA from October 2024, Brazil dominates global chicken meat exports during 2025 as the production will be 11.8 million tons. Australia’s poultry production will increase by 2 percent to 2.6 million tons, as high global demand is expected. Beef exports from Australia will also reach a record 1.9 million tons in the year, as its demand increases in the US. These trends point towards the increasing international meat trade and export opportunities.

Increased production and exports require more advanced smart packaging technologies, such as modified atmosphere packaging and active packaging, for freshness, less food waste, and greater safety. This will fuel innovation and adoption of smart packaging solutions, especially in global markets like East Asia and North America.

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The active packaging segment holds significant market share in the smart food packaging market during the forecasted period 2024-2029.

Active food packaging accounts for a major market share in the smart food packaging industry, which is mainly attributed to the quality improvement, safety, and shelf life that active packaging can offer. Technologies, including oxygen scavengers, moisture absorbers, and antimicrobial agents, respond to some of the most important consumer needs related to freshness and reduction of food waste.

It is primarily gaining adoption across key industries, including meat, poultry, seafood, and dairy, where growing concerns about global food safety and sustainability are driving growth. Additionally, increasing export of perishable food products, particularly in North America, Europe, and Asia-Pacific, further supports the increasing demand for active packaging. As manufacturers look for more innovative ways to meet their regulatory requirements and consumer demands, active packaging will maintain its position in the market.

Based on region, Europe has a significant share in the smart food packaging market.

The growth of the food and beverage industry in Europe is a major driving force for the smart food packaging market, which is motivated by the increasing demand for advanced packaging solutions that would ensure food safety, traceability, and extended shelf life. According to European Commission data (March 2024), the food and drinks industry generates ~USD 245 billion (€227 billion) in added value and employs 4.6 million people, making it the EU’s largest manufacturing sector in terms of jobs and value. SMEs are over 99% of businesses in this ecosystem. The sector has also recorded a food trade surplus, with exports doubled over the last decade to exceed ~USD 196 billion (€182 billion), contributing a positive balance of nearly ~USD 32 billion (€30 billion). These strong figures, combined with growing trade opportunities and EU Single Market benefits, are driving demand for smart food packaging technologies to support efficient, sustainable, and competitive food supply chains.

The report profiles key players such as Amcor plc (Switzerland), Mondi (UK), Sealed Air (US), Berry Global Inc. (US), Toyo Seikan Group Holdings, Ltd. (Japan), THE TETRA LAVAL GROUP (Switzerland), Crown (US), 3M (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Multisorb (US), Huhtamäki Oyj (Finland), Timestrip UK LTD (UK), Stepac (Israel), Checkpoint Systems, Inc. (US), and Novipax Buyer, LLC (US).

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Browse Adjacent Reports @ Food and Beverage Market Research Reports & Consulting

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Food Traceability Market Size, Share, Industry Growth, Trends Report (Technology & Software) by Technology Type (RFID, Barcodes, Infrared, Biometrics, GPS), Software Type (ERP, LIMS, Warehouse), Software End User, Technology Application and Region – Global Forecast to 2025

Food Safety Testing Market by Technology (Traditional and Rapid), Target Tested, Food Tested (Meat, Poultry, Seafood, Dairy, Processed Foods, Fruits & Vegetables, and Cereals & grains) and Region – Global Forecast to 2027

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