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
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.)
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
The Smart Battery Management Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ma...
The Smart Oilfield Solutions Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufactur...
The Fresh Food Supply Chain Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacture...
The Industrial Smart Wearables Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufact...
The Smart Bus Electronic Stop Sign Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manu...
The Food Automation Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacturers/playe...
The Smart Roads Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacturers/players/v...
The Smart Travel Planning Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacturers...
The Smart Pole Platform Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacturers/p...
The Smart City Greening Management Plan Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape,...