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
North America smart food market is projected to grow by 8.4% annually in the forecast period and reach $380.1 billion by 2031
- Bonafide Trust
- 31-12-2022
- Pages : 113
- Figures : 52
- Tables : 23
- Region : North America
- Category : Food & Beverages
- Food
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.
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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleBased 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 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 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.)
Table of Contents
- 1 Introduction 7
- 1.1 Industry Definition and Research Scope 7
- 1.1.1 Industry Definition 7
- 1.1.2 Research Scope 8
- 1.2 Research Methodology 11
- 1.2.1 Overview of Market Research Methodology 11
- 1.2.2 Market Assumption 12
- 1.2.3 Secondary Data 12
- 1.2.4 Primary Data 12
- 1.2.5 Data Filtration and Model Design 13
- 1.2.6 Market Size/Share Estimation 14
- 1.2.7 Research Limitations 15
- 1.3 Executive Summary 16
- 2 Market Overview and Dynamics 18
- 2.1 Market Size and Forecast 18
- 2.1.1 Impact of COVID-19 on World Economy 19
- 2.1.2 Impact of COVID-19 on the Market 21
- 2.2 Major Growth Drivers 23
- 2.3 Market Restraints and Challenges 28
- 2.4 Emerging Opportunities and Market Trends 31
- 2.5 Porter’s Fiver Forces Analysis 35
- 3 Segmentation of North America Market by Offering 39
- 3.1 Market Overview by Offering 39
- 3.2 Food Products 41
- 3.2.1 Breakdown of Food Products by Category 42
- 3.2.1.1 Functional Food 43
- 3.2.1.2 Encapsulated Food 44
- 3.2.1.3 Genetically Modified Food 45
- 3.2.1.4 Novel Food 46
- 3.2.1.5 Analogue Food 47
- 3.2.2 Breakdown of Food Products by Type 48
- 3.2.2.1 Dairy Products 49
- 3.2.2.2 Bakery Products 50
- 3.2.2.3 Confectionary Products 51
- 3.2.2.4 Meat Products 52
- 3.2.2.5 Dietary Supplement Products 53
- 3.2.2.6 Beverage Products 54
- 3.2.2.7 Organic Food Products 55
- 3.2.2.8 Other Product Types 56
- 3.3 Technology Solutions 57
- 3.3.1 Hardware & Component 59
- 3.3.2 Software 60
- 3.3.3 FMIS Platforms 61
- 3.3.4 Communication Technologies 62
- 3.3.5 Services 63
- 4 Segmentation of North America Market by Application 64
- 4.1 Market Overview by Application 64
- 4.2 Plant Farming 66
- 4.3 Livestock Farming 67
- 4.4 Food Processing 68
- 4.5 Logistics and Distribution 69
- 4.6 Wholesale and Retail 70
- 4.7 Consumer 71
- 5 Segmentation of North America Market by Distribution Channel 72
- 5.1 Market Overview by Distribution Channel 72
- 5.2 Supermarkets 74
- 5.3 Convenience Stores 75
- 5.4 Online Stores 76
- 5.5 Other Distribution Channels 77
- 6 North America Market 2021-2031 by Country 78
- 6.1 Overview of North America Market 78
- 6.2 U.S. 81
- 6.3 Canada 84
- 6.4 Mexico 86
- 7 Competitive Landscape 88
- 7.1 Overview of Key Vendors 88
- 7.2 New Product Launch, Partnership, Investment, and M&A 91
- 7.3 Company Profiles 92
- Archer Daniels Midland Company 92
- Arla Foods 94
- AVEKA Group 95
- Balchem Corporation 96
- BASF SE 97
- Cargill Inc. 98
- Firmenich SA 99
- FrieslandCampina 100
- GlaxoSmithKline plc 101
- Ingredion Incorporated 102
- International Flavors & Fragrances Inc. (IFF) 103
- Kellogg Company 104
- Kerry Group 105
- Nestle SA 106
- PepsiCo Inc. 107
- Sensient Technologies Corporation 108
- Symrise 109
- Tate & Lyle PLC 110
- The Coca Cola Company 111
- Whole Foods (Amazon) 112
- RELATED REPORTS 113
- ?
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 16
Figure 4. North America Smart Food Market, 2021-2031, $ mn 18
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of North America Smart Food Market 23
Figure 7. Forecast of Middle-class Population by Region, 2015-2030, million 27
Figure 8. Primary Restraints and Impact Factors of North America Smart Food Market 28
Figure 9. Investment Opportunity Analysis 32
Figure 10. Porter’s Fiver Forces Analysis of North America Smart Food Market 35
Figure 11. Breakdown of North America Smart Food Market by Offering, 2021-2031, % of Revenue 40
Figure 12. North America Addressable Market Cap in 2022-2031 by Offering, Value ($ mn) and Share (%) 40
Figure 13. North America Smart Food Market by Offering: Food Products, 2021-2031, $ mn 41
Figure 14. North America Smart Food Market by Food Products: Functional Food, 2021-2031, $ mn 43
Figure 15. North America Smart Food Market by Food Products: Encapsulated Food, 2021-2031, $ mn 44
Figure 16. North America Smart Food Market by Food Products: Genetically Modified Food, 2021-2031, $ mn 45
Figure 17. North America Smart Food Market by Food Products: Novel Food, 2021-2031, $ mn 46
Figure 18. North America Smart Food Market by Food Products: Analogue Food, 2021-2031, $ mn 47
Figure 19. North America Smart Food Market by Food Products: Dairy Products, 2021-2031, $ mn 49
Figure 20. North America Smart Food Market by Food Products: Bakery Products, 2021-2031, $ mn 50
Figure 21. North America Smart Food Market by Food Products: Confectionary Products, 2021-2031, $ mn 51
Figure 22. North America Smart Food Market by Food Products: Meat Products, 2021-2031, $ mn 52
Figure 23. North America Smart Food Market by Food Products: Dietary Supplement Products, 2021-2031, $ mn 53
Figure 24. North America Smart Food Market by Food Products: Beverage Products, 2021-2031, $ mn 54
Figure 25. North America Smart Food Market by Food Products: Organic Food Products, 2021-2031, $ mn 55
Figure 26. North America Smart Food Market by Food Products: Other Product Types, 2021-2031, $ mn 56
Figure 27. North America Smart Food Market by Offering: Technology Solutions, 2021-2031, $ mn 57
Figure 28. North America Smart Food Market by Technology Solutions: Hardware & Component, 2021-2031, $ mn 59
Figure 29. North America Smart Food Market by Technology Solutions: Software, 2021-2031, $ mn 60
Figure 30. North America Smart Food Market by Technology Solutions: FMIS Platforms, 2021-2031, $ mn 61
Figure 31. North America Smart Food Market by Technology Solutions: Communication Technologies, 2021-2031, $ mn 62
Figure 32. North America Smart Food Market by Technology Solutions: Services, 2021-2031, $ mn 63
Figure 33. Breakdown of North America Smart Food Market by Application, 2021-2031, % of Sales Revenue 65
Figure 34. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 65
Figure 35. North America Smart Food Market by Application: Plant Farming, 2021-2031, $ mn 66
Figure 36. North America Smart Food Market by Application: Livestock Farming, 2021-2031, $ mn 67
Figure 37. North America Smart Food Market by Application: Food Processing, 2021-2031, $ mn 68
Figure 38. North America Smart Food Market by Application: Logistics and Distribution, 2021-2031, $ mn 69
Figure 39. North America Smart Food Market by Application: Wholesale and Retail, 2021-2031, $ mn 70
Figure 40. North America Smart Food Market by Application: Consumer, 2021-2031, $ mn 71
Figure 41. Breakdown of North America Smart Food Market by Distribution Channel, 2021-2031, % of Sales Revenue 73
Figure 42. North America Addressable Market Cap in 2022-2031 by Distribution Channel, Value ($ mn) and Share (%) 73
Figure 43. North America Smart Food Market by Distribution Channel: Supermarkets, 2021-2031, $ mn 74
Figure 44. North America Smart Food Market by Distribution Channel: Convenience Stores, 2021-2031, $ mn 75
Figure 45. North America Smart Food Market by Distribution Channel: Online Stores, 2021-2031, $ mn 76
Figure 46. North America Smart Food Market by Distribution Channel: Other Distribution Channels, 2021-2031, $ mn 77
Figure 47. Breakdown of North America Smart Food Market by Country, 2021 and 2031, % of Revenue 79
Figure 48. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 80
Figure 49. U.S. Smart Food Market, 2021-2031, $ mn 82
Figure 50. Canada Smart Food Market, 2021-2031, $ mn 84
Figure 51. Smart Food Market in Mexico, 2021-2031, $ mn 86
Figure 52. Growth Stage of North America Smart Food Industry over the Forecast Period 88
Table 1. Snapshot of North America Smart Food Market in Balanced Perspective, 2021-2031 17
Table 2. World Economic Outlook, 2021-2031 20
Table 3. World Population Projections to 2035 26
Table 4. Main Product Trends and Market Opportunities in North America Smart Food Market 31
Table 5. North America Smart Food Market by Offering, 2021-2031, $ mn 39
Table 6. North America Smart Food Market: Food Products by Category, 2021-2031, $ mn 42
Table 7. North America Smart Food Market: Food Products by Type, 2021-2031, $ mn 48
Table 8. North America Smart Food Market: Technology Solutions by Type, 2021-2031, $ mn 58
Table 9. North America Smart Food Market by Application, 2021-2031, $ mn 64
Table 10. North America Smart Food Market by Distribution Channel, 2021-2031, $ mn 72
Table 11. North America Smart Food Market by Country, 2021-2031, $ mn 79
Table 12. U.S. Smart Food Market by Offering, 2021-2031, $ mn 83
Table 13. U.S. Smart Food Market by Application, 2021-2031, $ mn 83
Table 14. U.S. Smart Food Market by Distribution Channel, 2021-2031, $ mn 83
Table 15. Canada Smart Food Market by Offering, 2021-2031, $ mn 85
Table 16. Canada Smart Food Market by Application, 2021-2031, $ mn 85
Table 17. Canada Smart Food Market by Distribution Channel, 2021-2031, $ mn 85
Table 18. Mexico Smart Food Market by Offering, 2021-2031, $ mn 87
Table 19. Mexico Smart Food Market by Application, 2021-2031, $ mn 87
Table 20. Mexico Smart Food Market by Distribution Channel, 2021-2031, $ mn 87
Table 21. Archer Daniels Midland Company: Company Snapshot 92
Table 22. Archer Daniels Midland Company: Business Segmentation 93
Table 23. Archer Daniels Midland Company: Product Portfolio 93
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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
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