Asia Pacific 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

Asia Pacific smart food market will grow by 11.4% annually with a total addressable market cap of $2,304.8 billion over 2022-2031

Asia Pacific smart food market will grow by 11.4% annually with a total addressable market cap of $2,304.8 billion over 2022-2031, 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 30 tables and 55 figures, this 120-page report “Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific smart food market in every aspect of the classification from perspectives of Offering, Application, Distribution Channel, and Country.

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Based on Offering, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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

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Manmayi Raval

Manmayi Raval

Research Consultant

Geographically, the following national/local markets are fully investigated: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) 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.)

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Manmayi Raval

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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia-Pacific Market 2021-2031 by Country 78
  • 6.1 Overview of Asia-Pacific Market 78
  • 6.2 Japan 81
  • 6.3 China 84
  • 6.4 Australia 87
  • 6.5 India 89
  • 6.6 South Korea 91
  • 6.7 Rest of APAC Region 93
  • 7 Competitive Landscape 95
  • 7.1 Overview of Key Vendors 95
  • 7.2 New Product Launch, Partnership, Investment, and M&A 98
  • 7.3 Company Profiles 99
  • Archer Daniels Midland Company 99
  • Arla Foods 101
  • AVEKA Group 102
  • Balchem Corporation 103
  • BASF SE 104
  • Cargill Inc. 105
  • Firmenich SA 106
  • FrieslandCampina 107
  • GlaxoSmithKline plc 108
  • Ingredion Incorporated 109
  • International Flavors & Fragrances Inc. (IFF) 110
  • Kellogg Company 111
  • Kerry Group 112
  • Nestle SA 113
  • PepsiCo Inc. 114
  • Sensient Technologies Corporation 115
  • Symrise 116
  • Tate & Lyle PLC 117
  • The Coca Cola Company 118
  • Whole Foods (Amazon) 119
  • RELATED REPORTS 120

List of Figures:

Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 16
Figure 4. Asia Pacific Smart Food Market, 2021-2031, $ mn 18
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of Asia Pacific 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 Asia Pacific Smart Food Market 28
Figure 9. Investment Opportunity Analysis 32
Figure 10. Porter’s Fiver Forces Analysis of Asia Pacific Smart Food Market 35
Figure 11. Breakdown of Asia Pacific Smart Food Market by Offering, 2021-2031, % of Revenue 40
Figure 12. Asia Pacific Addressable Market Cap in 2022-2031 by Offering, Value ($ mn) and Share (%) 40
Figure 13. Asia Pacific Smart Food Market by Offering: Food Products, 2021-2031, $ mn 41
Figure 14. Asia Pacific Smart Food Market by Food Products: Functional Food, 2021-2031, $ mn 43
Figure 15. Asia Pacific Smart Food Market by Food Products: Encapsulated Food, 2021-2031, $ mn 44
Figure 16. Asia Pacific Smart Food Market by Food Products: Genetically Modified Food, 2021-2031, $ mn 45
Figure 17. Asia Pacific Smart Food Market by Food Products: Novel Food, 2021-2031, $ mn 46
Figure 18. Asia Pacific Smart Food Market by Food Products: Analogue Food, 2021-2031, $ mn 47
Figure 19. Asia Pacific Smart Food Market by Food Products: Dairy Products, 2021-2031, $ mn 49
Figure 20. Asia Pacific Smart Food Market by Food Products: Bakery Products, 2021-2031, $ mn 50
Figure 21. Asia Pacific Smart Food Market by Food Products: Confectionary Products, 2021-2031, $ mn 51
Figure 22. Asia Pacific Smart Food Market by Food Products: Meat Products, 2021-2031, $ mn 52
Figure 23. Asia Pacific Smart Food Market by Food Products: Dietary Supplement Products, 2021-2031, $ mn 53
Figure 24. Asia Pacific Smart Food Market by Food Products: Beverage Products, 2021-2031, $ mn 54
Figure 25. Asia Pacific Smart Food Market by Food Products: Organic Food Products, 2021-2031, $ mn 55
Figure 26. Asia Pacific Smart Food Market by Food Products: Other Product Types, 2021-2031, $ mn 56
Figure 27. Asia Pacific Smart Food Market by Offering: Technology Solutions, 2021-2031, $ mn 57
Figure 28. Asia Pacific Smart Food Market by Technology Solutions: Hardware & Component, 2021-2031, $ mn 59
Figure 29. Asia Pacific Smart Food Market by Technology Solutions: Software, 2021-2031, $ mn 60
Figure 30. Asia Pacific Smart Food Market by Technology Solutions: FMIS Platforms, 2021-2031, $ mn 61
Figure 31. Asia Pacific Smart Food Market by Technology Solutions: Communication Technologies, 2021-2031, $ mn 62
Figure 32. Asia Pacific Smart Food Market by Technology Solutions: Services, 2021-2031, $ mn 63
Figure 33. Breakdown of Asia Pacific Smart Food Market by Application, 2021-2031, % of Sales Revenue 65
Figure 34. Asia Pacific Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 65
Figure 35. Asia Pacific Smart Food Market by Application: Plant Farming, 2021-2031, $ mn 66
Figure 36. Asia Pacific Smart Food Market by Application: Livestock Farming, 2021-2031, $ mn 67
Figure 37. Asia Pacific Smart Food Market by Application: Food Processing, 2021-2031, $ mn 68
Figure 38. Asia Pacific Smart Food Market by Application: Logistics and Distribution, 2021-2031, $ mn 69
Figure 39. Asia Pacific Smart Food Market by Application: Wholesale and Retail, 2021-2031, $ mn 70
Figure 40. Asia Pacific Smart Food Market by Application: Consumer, 2021-2031, $ mn 71
Figure 41. Breakdown of Asia Pacific Smart Food Market by Distribution Channel, 2021-2031, % of Sales Revenue 73
Figure 42. Asia Pacific Addressable Market Cap in 2022-2031 by Distribution Channel, Value ($ mn) and Share (%) 73
Figure 43. Asia Pacific Smart Food Market by Distribution Channel: Supermarkets, 2021-2031, $ mn 74
Figure 44. Asia Pacific Smart Food Market by Distribution Channel: Convenience Stores, 2021-2031, $ mn 75
Figure 45. Asia Pacific Smart Food Market by Distribution Channel: Online Stores, 2021-2031, $ mn 76
Figure 46. Asia Pacific Smart Food Market by Distribution Channel: Other Distribution Channels, 2021-2031, $ mn 77
Figure 47. Breakdown of APAC Smart Food Market by Country, 2021 and 2031, % of Revenue 79
Figure 48. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 80
Figure 49. Smart Food Market in Japan, 2021-2031, $ mn 82
Figure 50. Smart Food Market in China, 2021-2031, $ mn 84
Figure 51. Smart Food Market in Australia, 2021-2031, $ mn 87
Figure 52. Smart Food Market in India, 2021-2031, $ mn 89
Figure 53. Smart Food Market in South Korea, 2021-2031, $ mn 91
Figure 54. Smart Food Market in Rest of APAC, 2021-2031, $ mn 93
Figure 55. Growth Stage of Asia Pacific Smart Food Industry over the Forecast Period 95

List of Tables:

Table 1. Snapshot of Asia Pacific 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 Asia Pacific Smart Food Market 31
Table 5. Asia Pacific Smart Food Market by Offering, 2021-2031, $ mn 39
Table 6. Asia Pacific Smart Food Market: Food Products by Category, 2021-2031, $ mn 42
Table 7. Asia Pacific Smart Food Market: Food Products by Type, 2021-2031, $ mn 48
Table 8. Asia Pacific Smart Food Market: Technology Solutions by Type, 2021-2031, $ mn 58
Table 9. Asia Pacific Smart Food Market by Application, 2021-2031, $ mn 64
Table 10. Asia Pacific Smart Food Market by Distribution Channel, 2021-2031, $ mn 72
Table 11. APAC Smart Food Market by Country, 2021-2031, $ mn 79
Table 12. Japan Smart Food Market by Offering, 2021-2031, $ mn 83
Table 13. Japan Smart Food Market by Application, 2021-2031, $ mn 83
Table 14. Japan Smart Food Market by Distribution Channel, 2021-2031, $ mn 83
Table 15. China Smart Food Market by Offering, 2021-2031, $ mn 85
Table 16. China Smart Food Market by Application, 2021-2031, $ mn 85
Table 17. China Smart Food Market by Distribution Channel, 2021-2031, $ mn 85
Table 18. Australia Smart Food Market by Offering, 2021-2031, $ mn 88
Table 19. Australia Smart Food Market by Application, 2021-2031, $ mn 88
Table 20. Australia Smart Food Market by Distribution Channel, 2021-2031, $ mn 88
Table 21. India Smart Food Market by Offering, 2021-2031, $ mn 90
Table 22. India Smart Food Market by Application, 2021-2031, $ mn 90
Table 23. India Smart Food Market by Distribution Channel, 2021-2031, $ mn 90
Table 24. South Korea Smart Food Market by Offering, 2021-2031, $ mn 92
Table 25. South Korea Smart Food Market by Application, 2021-2031, $ mn 92
Table 26. South Korea Smart Food Market by Distribution Channel, 2021-2031, $ mn 92
Table 27. Smart Food Market in Rest of APAC by Country/Region, 2021-2031, $ mn 94
Table 28. Archer Daniels Midland Company: Company Snapshot 99
Table 29. Archer Daniels Midland Company: Business Segmentation 100
Table 30. Archer Daniels Midland Company: Product Portfolio 100
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Asia Pacific 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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