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The researchers said that demand in the US for disinfection and diagnostic products focused on food safety is forecast to rise 6.7 per cent per year to $2.9bn (€2.12bn) in 2014, with NFC CARD in particular expected to post sales growth of 9.2 per cent annually over the next four years to reach $280m (€205m) .
The Freedonia analysts stated that this prediction is based on the ever increasing use of combo cards for inventory tracking and management, and they also report that the market for bar code labels and tags is becoming restrained both due to a levelling off of demand, as well as continued loss of market share to RFID tags.
Processors are increasingly on the lookout for improved temperature measuring equipment for cold storage units, contactless cardsas regulators tighten restrictions over how foods should be safely stored.