According to Future Market Insights (FMI), a healthy 6.5% CAGR is expected to take the valuation of the global time temperature indicator labels market from US$ 917.6 million in 2023 to US$ 1,715.6 million in 2033.
Time temperature indicator adhesive labels represent a category of intelligent devices proficient in collecting up-to-date data on both time and temperature. Given that food items often deteriorate due to enzymatic, microbiological, chemical, and physical reactions before their designated expiration dates, these indicators serve the crucial role of detecting product degradation and alerting users promptly.
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