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Global Smart Food Market 2021-2031 by Offering, Application, Distribution Channel, and Region: Trend Forecast and Growth Opportunity

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    Report

  • 175 Pages
  • December 2022
  • Region: Global
  • GMD Research
  • ID: 5712784
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
  • 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 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.)
Frequently Asked Questions about the Global Smart Food Market

What is the estimated value of the Global Smart Food Market?

The Global Smart Food Market was estimated to be valued at $499800 Million in 2021.

What is the growth rate of the Global Smart Food Market?

The growth rate of the Global Smart Food Market is 9.1%, with an estimated value of $1195200 Million by 2031.

What is the forecasted size of the Global Smart Food Market?

The Global Smart Food Market is estimated to be worth $1195200 Million by 2031.

Who are the key companies in the Global Smart Food Market?

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

Table of Contents

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 Global 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 Global 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 Global 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 Segmentation of Global Market by Region
6.1 Geographic Market Overview 2021-2031
6.2 North America Market 2021-2031 by Country
6.2.1 Overview of North America Market
6.2.2 U.S.
6.2.3 Canada
6.2.4 Mexico
6.3 European Market 2021-2031 by Country
6.3.1 Overview of European Market
6.3.2 Germany
6.3.3 U.K.
6.3.4 France
6.3.5 Spain
6.3.6 Italy
6.3.7 Netherlands
6.3.8 Rest of European Market
6.4 Asia-Pacific Market 2021-2031 by Country
6.4.1 Overview of Asia-Pacific Market
6.4.2 Japan
6.4.3 China
6.4.4 Australia
6.4.5 India
6.4.6 South Korea
6.4.7 Rest of APAC Region
6.5 South America Market 2021-2031 by Country
6.5.1 Argentina
6.5.2 Brazil
6.5.3 Chile
6.5.4 Rest of South America Market
6.6 MEA Market 2021-2031 by Country
6.6.1 UAE
6.6.2 Saudi Arabia
6.6.3 South Africa
6.6.4 Other National Markets
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)
List of Tables
Table 1. Snapshot of Global 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 Global Smart Food Market
Table 5. Global Smart Food Market by Offering, 2021-2031, $ mn
Table 6. Global Smart Food Market: Food Products by Category, 2021-2031, $ mn
Table 7. Global Smart Food Market: Food Products by Type, 2021-2031, $ mn
Table 8. Global Smart Food Market: Technology Solutions by Type, 2021-2031, $ mn
Table 9. Global Smart Food Market by Application, 2021-2031, $ mn
Table 10. Global Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 11. Global Smart Food Market by Region, 2021-2031, $ mn
Table 12. Leading National Smart Food Market, 2021 and 2031, $ mn
Table 13. North America Smart Food Market by Country, 2021-2031, $ mn
Table 14. U.S. Smart Food Market by Offering, 2021-2031, $ mn
Table 15. U.S. Smart Food Market by Application, 2021-2031, $ mn
Table 16. U.S. Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 17. Canada Smart Food Market by Offering, 2021-2031, $ mn
Table 18. Canada Smart Food Market by Application, 2021-2031, $ mn
Table 19. Canada Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 20. Mexico Smart Food Market by Offering, 2021-2031, $ mn
Table 21. Mexico Smart Food Market by Application, 2021-2031, $ mn
Table 22. Mexico Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 23. Europe Smart Food Market by Country, 2021-2031, $ mn
Table 24. Germany Smart Food Market by Offering, 2021-2031, $ mn
Table 25. Germany Smart Food Market by Application, 2021-2031, $ mn
Table 26. Germany Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 27. U.K. Smart Food Market by Offering, 2021-2031, $ mn
Table 28. U.K. Smart Food Market by Application, 2021-2031, $ mn
Table 29. U.K. Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 30. France Smart Food Market by Offering, 2021-2031, $ mn
Table 31. France Smart Food Market by Application, 2021-2031, $ mn
Table 32. France Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 33. Spain Smart Food Market by Offering, 2021-2031, $ mn
Table 34. Spain Smart Food Market by Application, 2021-2031, $ mn
Table 35. Spain Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 36. Italy Smart Food Market by Offering, 2021-2031, $ mn
Table 37. Italy Smart Food Market by Application, 2021-2031, $ mn
Table 38. Italy Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 39. Netherlands Smart Food Market by Offering, 2021-2031, $ mn
Table 40. Netherlands Smart Food Market by Application, 2021-2031, $ mn
Table 41. Netherlands Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 42. Smart Food Market in Rest of Europe by Country, 2021-2031, $ mn
Table 43. APAC Smart Food Market by Country, 2021-2031, $ mn
Table 44. Japan Smart Food Market by Offering, 2021-2031, $ mn
Table 45. Japan Smart Food Market by Application, 2021-2031, $ mn
Table 46. Japan Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 47. China Smart Food Market by Offering, 2021-2031, $ mn
Table 48. China Smart Food Market by Application, 2021-2031, $ mn
Table 49. China Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 50. Australia Smart Food Market by Offering, 2021-2031, $ mn
Table 51. Australia Smart Food Market by Application, 2021-2031, $ mn
Table 52. Australia Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 53. India Smart Food Market by Offering, 2021-2031, $ mn
Table 54. India Smart Food Market by Application, 2021-2031, $ mn
Table 55. India Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 56. South Korea Smart Food Market by Offering, 2021-2031, $ mn
Table 57. South Korea Smart Food Market by Application, 2021-2031, $ mn
Table 58. South Korea Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 59. Smart Food Market in Rest of APAC by Country/Region, 2021-2031, $ mn
Table 60. South America Smart Food Market by Country, 2021-2031, $ mn
Table 61. Argentina Smart Food Market by Offering, 2021-2031, $ mn
Table 62. Argentina Smart Food Market by Application, 2021-2031, $ mn
Table 63. Argentina Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 64. Brazil Smart Food Market by Offering, 2021-2031, $ mn
Table 65. Brazil Smart Food Market by Application, 2021-2031, $ mn
Table 66. Brazil Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 67. Chile Smart Food Market by Offering, 2021-2031, $ mn
Table 68. Chile Smart Food Market by Application, 2021-2031, $ mn
Table 69. Chile Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 70. MEA Smart Food Market by Country, 2021-2031, $ mn
Table 71. UAE Smart Food Market by Offering, 2021-2031, $ mn
Table 72. UAE Smart Food Market by Application, 2021-2031, $ mn
Table 73. UAE Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 74. Saudi Arabia Smart Food Market by Offering, 2021-2031, $ mn
Table 75. Saudi Arabia Smart Food Market by Application, 2021-2031, $ mn
Table 76. Saudi Arabia Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 77. South Africa Smart Food Market by Offering, 2021-2031, $ mn
Table 78. South Africa Smart Food Market by Application, 2021-2031, $ mn
Table 79. South Africa Smart Food Market by Distribution Channel, 2021-2031, $ mn
Table 80. Archer Daniels Midland Company: Company Snapshot
Table 81. Archer Daniels Midland Company: Business Segmentation
Table 82. 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. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031
Figure 4. Global Smart Food Market, 2021-2031, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Global Smart Food Market
Figure 7. Forecast of Middle-class Population by Region, 2015-2030, million
Figure 8. Primary Restraints and Impact Factors of Global Smart Food Market
Figure 9. Investment Opportunity Analysis
Figure 10. Porter’s Fiver Forces Analysis of Global Smart Food Market
Figure 11. Breakdown of Global Smart Food Market by Offering, 2021-2031, % of Revenue
Figure 12. Global Addressable Market Cap in 2022-2031 by Offering, Value ($ mn) and Share (%)
Figure 13. Global Smart Food Market by Offering: Food Products, 2021-2031, $ mn
Figure 14. Global Smart Food Market by Food Products: Functional Food, 2021-2031, $ mn
Figure 15. Global Smart Food Market by Food Products: Encapsulated Food, 2021-2031, $ mn
Figure 16. Global Smart Food Market by Food Products: Genetically Modified Food, 2021-2031, $ mn
Figure 17. Global Smart Food Market by Food Products: Novel Food, 2021-2031, $ mn
Figure 18. Global Smart Food Market by Food Products: Analogue Food, 2021-2031, $ mn
Figure 19. Global Smart Food Market by Food Products: Dairy Products, 2021-2031, $ mn
Figure 20. Global Smart Food Market by Food Products: Bakery Products, 2021-2031, $ mn
Figure 21. Global Smart Food Market by Food Products: Confectionary Products, 2021-2031, $ mn
Figure 22. Global Smart Food Market by Food Products: Meat Products, 2021-2031, $ mn
Figure 23. Global Smart Food Market by Food Products: Dietary Supplement Products, 2021-2031, $ mn
Figure 24. Global Smart Food Market by Food Products: Beverage Products, 2021-2031, $ mn
Figure 25. Global Smart Food Market by Food Products: Organic Food Products, 2021-2031, $ mn
Figure 26. Global Smart Food Market by Food Products: Other Product Types, 2021-2031, $ mn
Figure 27. Global Smart Food Market by Offering: Technology Solutions, 2021-2031, $ mn
Figure 28. Global Smart Food Market by Technology Solutions: Hardware & Component, 2021-2031, $ mn
Figure 29. Global Smart Food Market by Technology Solutions: Software, 2021-2031, $ mn
Figure 30. Global Smart Food Market by Technology Solutions: FMIS Platforms, 2021-2031, $ mn
Figure 31. Global Smart Food Market by Technology Solutions: Communication Technologies, 2021-2031, $ mn
Figure 32. Global Smart Food Market by Technology Solutions: Services, 2021-2031, $ mn
Figure 33. Breakdown of Global Smart Food Market by Application, 2021-2031, % of Sales Revenue
Figure 34. Global Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%)
Figure 35. Global Smart Food Market by Application: Plant Farming, 2021-2031, $ mn
Figure 36. Global Smart Food Market by Application: Livestock Farming, 2021-2031, $ mn
Figure 37. Global Smart Food Market by Application: Food Processing, 2021-2031, $ mn
Figure 38. Global Smart Food Market by Application: Logistics and Distribution, 2021-2031, $ mn
Figure 39. Global Smart Food Market by Application: Wholesale and Retail, 2021-2031, $ mn
Figure 40. Global Smart Food Market by Application: Consumer, 2021-2031, $ mn
Figure 41. Breakdown of Global Smart Food Market by Distribution Channel, 2021-2031, % of Sales Revenue
Figure 42. Global Addressable Market Cap in 2022-2031 by Distribution Channel, Value ($ mn) and Share (%)
Figure 43. Global Smart Food Market by Distribution Channel: Supermarkets, 2021-2031, $ mn
Figure 44. Global Smart Food Market by Distribution Channel: Convenience Stores, 2021-2031, $ mn
Figure 45. Global Smart Food Market by Distribution Channel: Online Stores, 2021-2031, $ mn
Figure 46. Global Smart Food Market by Distribution Channel: Other Distribution Channels, 2021-2031, $ mn
Figure 47. Global Market Snapshot by Region
Figure 48. Geographic Spread of Worldwide Smart Food Market, 2021-2031, % of Sales Revenue
Figure 49. Global Addressable Market Cap in 2022-2031 by Region, Value ($ mn) and Share (%)
Figure 50. North American Smart Food Market, 2021-2031, $ mn
Figure 51. Breakdown of North America Smart Food Market by Country, 2021 and 2031, % of Revenue
Figure 52. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 53. U.S. Smart Food Market, 2021-2031, $ mn
Figure 54. Canada Smart Food Market, 2021-2031, $ mn
Figure 55. Smart Food Market in Mexico, 2021-2031, $ mn
Figure 56. European Smart Food Market, 2021-2031, $ mn
Figure 57. Breakdown of European Smart Food Market by Country, 2021 and 2031, % of Revenue
Figure 58. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 59. Smart Food Market in Germany, 2021-2031, $ mn
Figure 60. Smart Food Market in U.K., 2021-2031, $ mn
Figure 61. Smart Food Market in France, 2021-2031, $ mn
Figure 62. Smart Food Market in Spain, 2021-2031, $ mn
Figure 63. Smart Food Market in Italy, 2021-2031, $ mn
Figure 64. Smart Food Market in Netherlands, 2021-2031, $ mn
Figure 65. Smart Food Market in Rest of Europe, 2021-2031, $ mn
Figure 66. Asia-Pacific Smart Food Market, 2021-2031, $ mn
Figure 67. Breakdown of APAC Smart Food Market by Country, 2021 and 2031, % of Revenue
Figure 68. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 69. Smart Food Market in Japan, 2021-2031, $ mn
Figure 70. Smart Food Market in China, 2021-2031, $ mn
Figure 71. Smart Food Market in Australia, 2021-2031, $ mn
Figure 72. Smart Food Market in India, 2021-2031, $ mn
Figure 73. Smart Food Market in South Korea, 2021-2031, $ mn
Figure 74. Smart Food Market in Rest of APAC, 2021-2031, $ mn
Figure 75. South America Smart Food Market, 2021-2031, $ mn
Figure 76. Breakdown of South America Smart Food Market by Country, 2021 and 2031, % of Revenue
Figure 77. Contribution to South America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 78. Smart Food Market in Argentina, 2021-2031, $ mn
Figure 79. Smart Food Market in Brazil, 2021-2031, $ mn
Figure 80. Smart Food Market in Chile, 2021-2031, $ mn
Figure 81. Smart Food Market in Rest of South America, 2021-2031, $ mn
Figure 82. Smart Food Market in Middle East and Africa (MEA), 2021-2031, $ mn
Figure 83. Breakdown of MEA Smart Food Market by Country, 2021 and 2031, % of Revenue
Figure 84. Contribution to MEA 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 85. Smart Food Market in UAE, 2021-2031, $ mn
Figure 86. Smart Food Market in Saudi Arabia, 2021-2031, $ mn
Figure 87. Smart Food Market in South Africa, 2021-2031, $ mn
Figure 88. Growth Stage of Global 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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