Global smart food market will reach $1,195.2 billion by 2031, growing by 9.1% annually over 2021-2031, driven by the increasing awareness among consumers about health and balanced diet, the changing dietary patterns due to modern lifestyle, the emerging innovative smart food products with reduced healthcare cost, the growing R&D in food industry, and the introduction of newer food preservation techniques.
Highlighted with 82 tables and 88 figures, this 175-page report "Global Smart Food Market 2021-2031 by Offering (Food Products, Technology Solutions), Application (Plant Farming, Livestock Farming, Food Processing, Logistics and Distribution, Wholesale and Retail, Consumer), Distribution Channel (Supermarkets, Convenience Stores, Online Stores, Others), and Region: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire global smart food market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global smart food market in every aspect of the classification from perspectives of Offering, Application, Distribution Channel, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Food Products
By Category type
o Functional Food
o Encapsulated Food
o Genetically Modified Food
o Novel Food
o Analogue Food
By Product type
o Dairy Products
o Bakery Products
o Confectionary Products
o Meat Products
o Dietary Supplement Products
o Beverage Products
o Organic Food Products
o Other Product Types
• Technology Solutions
o Hardware & Component
o Software
o FMIS Platforms
o Communication Technologies
o Services
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Plant Farming
• Livestock Farming
• Food Processing
• Logistics and Distribution
• Wholesale and Retail
• Consumer
By Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Supermarkets
• Convenience Stores
• Online Stores
• Other Distribution Channels
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE，Saudi Arabia， South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Offering, Application and Distribution Channel over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Archer Daniels Midland Company
Arla Foods
AVEKA Group
Balchem Corporation
BASF SE
Cargill Inc.
Firmenich SA
FrieslandCampina
GlaxoSmithKline plc
Ingredion Incorporated
International Flavors & Fragrances Inc. (IFF)
Kellogg Company
Kerry Group
Nestle SA
PepsiCo Inc.
Sensient Technologies Corporation
Symrise
Tate & Lyle PLC
The Coca Cola Company
Whole Foods (Amazon)
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter's Fiver Forces Analysis 37
3 Segmentation of Global Market by Offering 41
3.1 Market Overview by Offering 41
3.2 Food Products 43
3.2.1 Breakdown of Food Products by Category 44
3.2.1.1 Functional Food 45
3.2.1.2 Encapsulated Food 46
3.2.1.3 Genetically Modified Food 47
3.2.1.4 Novel Food 48
3.2.1.5 Analogue Food 49
3.2.2 Breakdown of Food Products by Type 50
3.2.2.1 Dairy Products 51
3.2.2.2 Bakery Products 52
3.2.2.3 Confectionary Products 53
3.2.2.4 Meat Products 54
3.2.2.5 Dietary Supplement Products 55
3.2.2.6 Beverage Products 56
3.2.2.7 Organic Food Products 57
3.2.2.8 Other Product Types 58
3.3 Technology Solutions 59
3.3.1 Hardware & Component 61
3.3.2 Software 62
3.3.3 FMIS Platforms 63
3.3.4 Communication Technologies 64
3.3.5 Services 65
4 Segmentation of Global Market by Application 66
4.1 Market Overview by Application 66
4.2 Plant Farming 68
4.3 Livestock Farming 69
4.4 Food Processing 70
4.5 Logistics and Distribution 71
4.6 Wholesale and Retail 72
4.7 Consumer 73
5 Segmentation of Global Market by Distribution Channel 74
5.1 Market Overview by Distribution Channel 74
5.2 Supermarkets 76
5.3 Convenience Stores 77
5.4 Online Stores 78
5.5 Other Distribution Channels 79
6 Segmentation of Global Market by Region 80
6.1 Geographic Market Overview 2021-2031 80
6.2 North America Market 2021-2031 by Country 84
6.2.1 Overview of North America Market 84
6.2.2 U.S. 88
6.2.3 Canada 91
6.2.4 Mexico 93
6.3 European Market 2021-2031 by Country 95
6.3.1 Overview of European Market 95
6.3.2 Germany 99
6.3.3 U.K. 101
6.3.4 France 103
6.3.5 Spain 105
6.3.6 Italy 107
6.3.7 Netherlands 109
6.3.8 Rest of European Market 111
6.4 Asia-Pacific Market 2021-2031 by Country 113
6.4.1 Overview of Asia-Pacific Market 113
6.4.2 Japan 117
6.4.3 China 120
6.4.4 Australia 122
6.4.5 India 124
6.4.6 South Korea 126
6.4.7 Rest of APAC Region 128
6.5 South America Market 2021-2031 by Country 130
6.5.1 Argentina 133
6.5.2 Brazil 135
6.5.3 Chile 137
6.5.4 Rest of South America Market 139
6.6 MEA Market 2021-2031 by Country 140
6.6.1 UAE 143
6.6.2 Saudi Arabia 145
6.6.3 South Africa 147
6.6.4 Other National Markets 149
7 Competitive Landscape 150
7.1 Overview of Key Vendors 150
7.2 New Product Launch, Partnership, Investment, and M&A 153
7.3 Company Profiles 154
Archer Daniels Midland Company 154
Arla Foods 156
AVEKA Group 157
Balchem Corporation 158
BASF SE 159
Cargill Inc. 160
Firmenich SA 161
FrieslandCampina 162
GlaxoSmithKline plc 163
Ingredion Incorporated 164
International Flavors & Fragrances Inc. (IFF) 165
Kellogg Company 166
Kerry Group 167
Nestle SA 168
PepsiCo Inc. 169
Sensient Technologies Corporation 170
Symrise 171
Tate & Lyle PLC 172
The Coca Cola Company 173
Whole Foods (Amazon) 174
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