North America Smart Food Market 2021-2031 by Offering, Application, Distribution Channel, and Country: Trend Forecast and Growth Opportunity

North America smart food market is projected to grow by 8.4% annually in the forecast period and reach $380.1 billion by 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 23 tables and 52 figures, this 113-page report “North America 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 Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America 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 North America 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 North America smart food market in every aspect of the classification from perspectives of Offering, Application, Distribution Channel, and Country.

Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Food Products

? By Category type

Functional Food
Encapsulated Food
Genetically Modified Food
Novel Food
Analogue Food

? By Product type

Dairy Products
Bakery Products
Confectionary Products
Meat Products
Dietary Supplement Products
Beverage Products
Organic Food Products
Other Product Types

Technology Solutions

Hardware & Component
Software
FMIS Platforms
Communication Technologies
Services

Based on Application, the North America 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 North America 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 national/local markets are fully investigated:

U.S.
Canada
Mexico

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets 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.)

Frequently Asked Questions about the North American Smart Food Market

What is the estimated value of the North American Smart Food Market?

The North American Smart Food Market was estimated to be valued at $169400 Million in 2021.

What is the growth rate of the North American Smart Food Market?

The growth rate of the North American Smart Food Market is 8.4%, with an estimated value of $380100 Million by 2031.

What is the forecasted size of the North American Smart Food Market?

The North American Smart Food Market is estimated to be worth $380100 Million by 2031.

Who are the key companies in the North American Smart Food Market?

Key companies in the North American Smart Food Market include Archer Daniels Midland Company, Arla Foods, AVEKA Group, Balchem Corporation, BASF SE, Cargill Inc., Firmenich SA, FrieslandCampina and Ingredion Incorporated.

Report Attribute	Details
No. of Pages	113
Published	December 2022
Forecast Period	2021 - 2031
Estimated Market Value ( USD ) in 2021	USD 169400 Million
Forecasted Market Value ( USD ) by 2031	USD 380100 Million
Compound Annual Growth Rate	8.4%
Regions Covered	North America

1 Introduction

1.1 Industry Definition and Research Scope
1.1.1 Industry Definition
1.1.2 Research Scope
1.2 Research Methodology
1.2.1 Overview of Market Research Methodology
1.2.2 Market Assumption
1.2.3 Secondary Data
1.2.4 Primary Data
1.2.5 Data Filtration and Model Design
1.2.6 Market Size/Share Estimation
1.2.7 Research Limitations
1.3 Executive Summary

2 Market Overview and Dynamics

2.1 Market Size and Forecast
2.1.1 Impact of COVID-19 on World Economy
2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 Segmentation of North America Market by Offering

3.1 Market Overview by Offering
3.2 Food Products
3.2.1 Breakdown of Food Products by Category
3.2.1.1 Functional Food
3.2.1.2 Encapsulated Food
3.2.1.3 Genetically Modified Food
3.2.1.4 Novel Food
3.2.1.5 Analogue Food
3.2.2 Breakdown of Food Products by Type
3.2.2.1 Dairy Products
3.2.2.2 Bakery Products
3.2.2.3 Confectionary Products
3.2.2.4 Meat Products
3.2.2.5 Dietary Supplement Products
3.2.2.6 Beverage Products
3.2.2.7 Organic Food Products
3.2.2.8 Other Product Types
3.3 Technology Solutions
3.3.1 Hardware & Component
3.3.2 Software
3.3.3 FMIS Platforms
3.3.4 Communication Technologies
3.3.5 Services

4 Segmentation of North America Market by Application

4.1 Market Overview by Application
4.2 Plant Farming
4.3 Livestock Farming
4.4 Food Processing
4.5 Logistics and Distribution
4.6 Wholesale and Retail
4.7 Consumer

5 Segmentation of North America Market by Distribution Channel

5.1 Market Overview by Distribution Channel
5.2 Supermarkets
5.3 Convenience Stores
5.4 Online Stores
5.5 Other Distribution Channels

6 North America Market 2021-2031 by Country

6.1 Overview of North America Market
6.2 U.S.
6.3 Canada
6.4 Mexico

7 Competitive Landscape

7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles

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)
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List of Tables

Table 1. Snapshot of North America Smart Food Market in Balanced Perspective, 2021-2031
Table 2. World Economic Outlook, 2021-2031
Table 3. World Population Projections to 2035
Table 4. Main Product Trends and Market Opportunities in North America Smart Food Market
Table 5. North America Smart Food Market by Offering, 2021-2031, $ mn
Table 6. North America Smart Food Market: Food Products by Category, 2021-2031, $ mn
Table 7. North America Smart Food Market: Food Products by Type, 2021-2031, $ mn
Table 8. North America Smart Food Market: Technology Solutions by Type, 2021-2031, $ mn
Table 9. North America Smart Food Market by Application, 2021-2031, $ mn
Table 10. North America Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 11. North America Smart Food Market by Country, 2021-2031, $ mn
Table 12. U.S. Smart Food Market by Offering, 2021-2031, $ mn
Table 13. U.S. Smart Food Market by Application, 2021-2031, $ mn
Table 14. U.S. Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 15. Canada Smart Food Market by Offering, 2021-2031, $ mn
Table 16. Canada Smart Food Market by Application, 2021-2031, $ mn
Table 17. Canada Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 18. Mexico Smart Food Market by Offering, 2021-2031, $ mn
Table 19. Mexico Smart Food Market by Application, 2021-2031, $ mn
Table 20. Mexico Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 21. Archer Daniels Midland Company: Company Snapshot
Table 22. Archer Daniels Midland Company: Business Segmentation
Table 23. Archer Daniels Midland Company: Product Portfolio

List of Figures

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031
Figure 4. North America Smart Food Market, 2021-2031, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of North America Smart Food Market
Figure 7. Forecast of Middle-class Population by Region, 2015-2030, million
Figure 8. Primary Restraints and Impact Factors of North America Smart Food Market
Figure 9. Investment Opportunity Analysis
Figure 10. Porter’s Fiver Forces Analysis of North America Smart Food Market
Figure 11. Breakdown of North America Smart Food Market by Offering, 2021-2031, % of Revenue
Figure 12. North America Addressable Market Cap in 2022-2031 by Offering, Value ($ mn) and Share (%)
Figure 13. North America Smart Food Market by Offering: Food Products, 2021-2031, $ mn
Figure 14. North America Smart Food Market by Food Products: Functional Food, 2021-2031, $ mn
Figure 15. North America Smart Food Market by Food Products: Encapsulated Food, 2021-2031, $ mn
Figure 16. North America Smart Food Market by Food Products: Genetically Modified Food, 2021-2031, $ mn
Figure 17. North America Smart Food Market by Food Products: Novel Food, 2021-2031, $ mn
Figure 18. North America Smart Food Market by Food Products: Analogue Food, 2021-2031, $ mn
Figure 19. North America Smart Food Market by Food Products: Dairy Products, 2021-2031, $ mn
Figure 20. North America Smart Food Market by Food Products: Bakery Products, 2021-2031, $ mn
Figure 21. North America Smart Food Market by Food Products: Confectionary Products, 2021-2031, $ mn
Figure 22. North America Smart Food Market by Food Products: Meat Products, 2021-2031, $ mn
Figure 23. North America Smart Food Market by Food Products: Dietary Supplement Products, 2021-2031, $ mn
Figure 24. North America Smart Food Market by Food Products: Beverage Products, 2021-2031, $ mn
Figure 25. North America Smart Food Market by Food Products: Organic Food Products, 2021-2031, $ mn
Figure 26. North America Smart Food Market by Food Products: Other Product Types, 2021-2031, $ mn
Figure 27. North America Smart Food Market by Offering: Technology Solutions, 2021-2031, $ mn
Figure 28. North America Smart Food Market by Technology Solutions: Hardware & Component, 2021-2031, $ mn
Figure 29. North America Smart Food Market by Technology Solutions: Software, 2021-2031, $ mn
Figure 30. North America Smart Food Market by Technology Solutions: FMIS Platforms, 2021-2031, $ mn
Figure 31. North America Smart Food Market by Technology Solutions: Communication Technologies, 2021-2031, $ mn
Figure 32. North America Smart Food Market by Technology Solutions: Services, 2021-2031, $ mn
Figure 33. Breakdown of North America Smart Food Market by Application, 2021-2031, % of Sales Revenue
Figure 34. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%)
Figure 35. North America Smart Food Market by Application: Plant Farming, 2021-2031, $ mn
Figure 36. North America Smart Food Market by Application: Livestock Farming, 2021-2031, $ mn
Figure 37. North America Smart Food Market by Application: Food Processing, 2021-2031, $ mn
Figure 38. North America Smart Food Market by Application: Logistics and Distribution, 2021-2031, $ mn
Figure 39. North America Smart Food Market by Application: Wholesale and Retail, 2021-2031, $ mn
Figure 40. North America Smart Food Market by Application: Consumer, 2021-2031, $ mn
Figure 41. Breakdown of North America Smart Food Market by Distribution Channel, 2021-2031, % of Sales Revenue
Figure 42. North America Addressable Market Cap in 2022-2031 by Distribution Channel, Value ($ mn) and Share (%)
Figure 43. North America Smart Food Market by Distribution Channel: Supermarkets, 2021-2031, $ mn
Figure 44. North America Smart Food Market by Distribution Channel: Convenience Stores, 2021-2031, $ mn
Figure 45. North America Smart Food Market by Distribution Channel: Online Stores, 2021-2031, $ mn
Figure 46. North America Smart Food Market by Distribution Channel: Other Distribution Channels, 2021-2031, $ mn
Figure 47. Breakdown of North America Smart Food Market by Country, 2021 and 2031, % of Revenue
Figure 48. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 49. U.S. Smart Food Market, 2021-2031, $ mn
Figure 50. Canada Smart Food Market, 2021-2031, $ mn
Figure 51. Smart Food Market in Mexico, 2021-2031, $ mn
Figure 52. Growth Stage of North America Smart Food Industry over the Forecast Period

Companies Mentioned

A selection of companies mentioned in this report includes:

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)

Methodology

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In-depth qualitative analyses include identification and investigation of the following aspects:

Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Technology Solutions

Based on Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

By Distribution Channel, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Geographically, the following national/local markets are fully investigated:

Selected Key Players:

What is the estimated value of the North American Smart Food Market?

What is the growth rate of the North American Smart Food Market?

What is the forecasted size of the North American Smart Food Market?

Who are the key companies in the North American Smart Food Market?

Table of Contents

Companies Mentioned

Methodology

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