Smart Food Market Business Growth Demand, Strategies, Overview, Competitive Strategies and Forecasts 2020 – 2027

Posted on Mar 11 2021 8:52 AM

"The global Smart Food market size was valued at USD 440.58 Billion in 2020 and is expected to expand at a (CAGR) of 10.0% from 2020 to 2027. "

A recent market intelligence report on Smart Food market takes a closer look at the major driving forces, restraints and opportunities anticipated to shape the future of the Smart Food market for the forecast period, 2020 - 2027. Besides, this different adverse conditions and restraining factors expected to hinder the growth of the industry worldwide is also scrutinized. Trends from both past and present fast gaining momentum and stimulating market growth and development form an important part of the study.  

Scope of the Report:

In addition, the study probes into the major factors such as import and export status, consumption volume, supply chain management, production capability and spending power to help business owners, stakeholders as well as field marketing executives zero in on profitable business strategies and stay competitive. A thorough analysis of intense competition among the top performers and strategies that have enabled them to occupy a strong foothold in the Smart Food market makes the report a valuable resource for product owners exploring new avenues. All the vital information is presented through charts, graphs and tables and can be refereed for an industry specific presentation.

You Can Download Free Sample PDF Copy of Smart Food Market at https://www.emergenresearch.com/request-sample/511

Report Objectives

Examine the size of the global Smart Food market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Smart Food market.

Explore the underlying dynamics of the global Smart Food market.

Highlight significant trends of the global Smart Food market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Smart Food market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Smart Food market.

Forecast the market size and share of all segments and regions in the global landscape.

Key Highlights of Report

In November 2020, Cargill announced investment into Health for Life Capital II fund of Seventure Partners. The Health for Life capital II Fund of Seventure Partners supports the microbiome revolution in the areas of nutrition and health. The investment is expected to help Cargill in bringing more relevant products to the market in the functional food arena.

The dairy products segment accounted for largest market share of 31.0% in 2020. Increasing consumption of dairy products among a global consumer base is driving growth of the smart food market, and this is expected to continue during the forecast period.

Functional food segment revenue is expected to expand at a rapid CAGR of 10.3% during the forecast period. The health promoting properties of functional ingredients is boosting demand for functional foods among the health-conscious consumer base.

Asia Pacific accounted for fastest revenue growth rate among other regional markets in the global smart food market in 2020. Rising need to reduce risks of chronic diseases such as diabetes, cardiovascular diseases, and others among a growing population in developing economies is boosting demand for smart food solutions in countries in the region.

Key players in the market include Archer-Daniels-Midland Company, Arla Foods, Aveka, Inc., Balchem Corporation, BASF SE, Cargill, Inc., Firmenich SA, Ingredion Incorporated, International Flavors & Fragrances Inc. (IFF), and Kellogg Company.

You Can Download Free Sample PDF Copy of Smart Food Market at https://www.emergenresearch.com/request-sample/511

End Products Outlook (Revenue, USD Billion; 2021–2028)

Dairy products

Bakery products

Meat products

Confectionary

Beverages

Dietary Supplements

Others

Food type Outlook (Revenue, USD Billion; 2021–2028)

Encapsulated Food

Functional Food

Genetically Modified Food

Others

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2028

Chapter 3. Key Insights

Chapter 4. Smart Food Market Segmentation & Impact Analysis

Chapter 5. Smart Food Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Smart Food Market By Industries Insights & Trends Revenue (USD Billion)

Chapter 7. Smart Food Market By Type Insights & Trends Revenue (USD Billion)

Chapter 8. Smart Food Market Regional Outlook

Continued…