The Foodtech Market Study forecasts the market size across 6 regions and 24 countries for diverse segments including-PlatForm (Mobile App, Websites), Service (Online Food delivery, Online Grocery delivery), Product (Meat, Fruit and Vegetables, Fish, Bread and Cereals, Dairy, Others).
Foodtech: The foodtech market encompasses technological innovations and solutions that enhance various aspects of the food industry, from production to distribution and consumption. Key drivers include advancements in agri-tech, food processing technologies, automation, artificial intelligence, and data analytics that optimize efficiency, sustainability, and food safety across the supply chain. Foodtech solutions cater to stakeholders aiming to address challenges in food production, enhance operational efficiency, and meet evolving consumer demands for healthier, sustainable, and innovative food products.
A prominent trend in the Foodtech market is the rapid adoption of artificial intelligence (AI) and machine learning (ML) technologies. From predictive analytics for demand forecasting to optimizing supply chain logistics and personalized recipe recommendations, AI and ML are transforming various facets of the food industry. Foodtech companies are leveraging these technologies to enhance efficiency, reduce operational costs, and deliver personalized and data-driven solutions to consumers. This trend reflects the industry's recognition of the potential for AI and ML to revolutionize processes, improve decision-making, and drive innovation across the entire food value chain.
The primary driver propelling the Foodtech market is the increasing consumer demand for convenience and technology-driven solutions. Busy lifestyles, changing consumer preferences, and the desire for seamless experiences have fueled the demand for food technologies that offer convenience, such as online food delivery platforms, meal kit services, and mobile apps for restaurant reservations. The driver is deeply rooted in the need for time-saving solutions and personalized experiences, prompting Foodtech companies to develop and implement technologies that cater to the evolving demands of tech-savvy consumers.
A potential opportunity in the Foodtech market lies in the development of sustainable and tech-enabled supply chain solutions. With increasing awareness of environmental issues and the desire for sustainable practices, there is an opportunity for Foodtech companies to innovate in supply chain management. This involves leveraging technologies such as blockchain for transparent and traceable supply chains, IoT devices for real-time monitoring of perishable goods, and data analytics to optimize transportation routes. Companies investing in sustainable and tech-enabled supply chain solutions can not only meet consumer expectations for transparency and sustainability but also enhance operational efficiency and reduce the environmental impact of food production and distribution.
Platform
Mobile App
Websites
Service
Online Food delivery
Online Grocery delivery
Product
Meat
Fruit and Vegetables
Fish
Bread and Cereals
Dairy
Others
Geographical Segmentation
• North America (US, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, South East Asia, Rest of Asia Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, Egypt, South Africa, Nigeria, Rest of Africa)
Zomato Media Private Limited
Bundl Technologies Private Limited
Amazon.com, Inc.
Impossible Foods Inc.
Delivery Hero SE
Picnic Technologies B.V.
Wolt Enterprises Oy
HelloFresh SE
Foodpanda GmbH
Rebel Foods Private Limited
Uber Technologies, Inc.
Tripadvisor, Inc.
LaFourchette SAS (TheFork)
Ocado Group plc
Oda Kitchens Limited
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TABLE OF CONTENTS
1 Introduction To 2024 Foodtech Markets
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Included
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Foodtech Market Size Outlook, $ Million, 2021 to 2030
3.2 Foodtech Market Outlook by Type, $ Million, 2021 to 2030
3.3 Foodtech Market Outlook by Product, $ Million, 2021 to 2030
3.4 Foodtech Market Outlook by Application, $ Million, 2021 to 2030
3.5 Foodtech Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Foodtech Industry
4.2 Key Market Trends in Foodtech Industry
4.3 Potential Opportunities in Foodtech Industry
4.4 Key Challenges in Foodtech Industry
5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Foodtech Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Foodtech Market Outlook by Segments
7.1 Foodtech Market Outlook by Segments
Platform
Mobile App
Websites
Service
Online Food delivery
Online Grocery delivery
Product
Meat
Fruit and Vegetables
Fish
Bread and Cereals
Dairy
Others
8 North America Foodtech Market Analysis and Outlook To 2030
8.1 Introduction to North America Foodtech Markets in 2024
8.2 North America Foodtech Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Foodtech Market size Outlook by Segments, 2021-2030
Platform
Mobile App
Websites
Service
Online Food delivery
Online Grocery delivery
Product
Meat
Fruit and Vegetables
Fish
Bread and Cereals
Dairy
Others
9 Europe Foodtech Market Analysis and Outlook To 2030
9.1 Introduction to Europe Foodtech Markets in 2024
9.2 Europe Foodtech Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Foodtech Market size Outlook by Segments, 2021-2030
Platform
Mobile App
Websites
Service
Online Food delivery
Online Grocery delivery
Product
Meat
Fruit and Vegetables
Fish
Bread and Cereals
Dairy
Others
10 Asia Pacific Foodtech Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Foodtech Markets in 2024
10.2 Asia Pacific Foodtech Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Foodtech Market size Outlook by Segments, 2021-2030
Platform
Mobile App
Websites
Service
Online Food delivery
Online Grocery delivery
Product
Meat
Fruit and Vegetables
Fish
Bread and Cereals
Dairy
Others
11 South America Foodtech Market Analysis and Outlook To 2030
11.1 Introduction to South America Foodtech Markets in 2024
11.2 South America Foodtech Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Foodtech Market size Outlook by Segments, 2021-2030
Platform
Mobile App
Websites
Service
Online Food delivery
Online Grocery delivery
Product
Meat
Fruit and Vegetables
Fish
Bread and Cereals
Dairy
Others
12 Middle East and Africa Foodtech Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Foodtech Markets in 2024
12.2 Middle East and Africa Foodtech Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Foodtech Market size Outlook by Segments, 2021-2030
Platform
Mobile App
Websites
Service
Online Food delivery
Online Grocery delivery
Product
Meat
Fruit and Vegetables
Fish
Bread and Cereals
Dairy
Others
List of Companies
Zomato Media Private Limited
Bundl Technologies Private Limited
Amazon.com, Inc.
Impossible Foods Inc.
Delivery Hero SE
Picnic Technologies B.V.
Wolt Enterprises Oy
HelloFresh SE
Foodpanda GmbH
Rebel Foods Private Limited
Uber Technologies, Inc.
Tripadvisor, Inc.
LaFourchette SAS (TheFork)
Ocado Group plc
Oda Kitchens Limited
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
Platform /brMobile App /brWebsites /br/brService /brOnline Food delivery /brOnline Grocery delivery /br/brProduct/brMeat /brFruit and Vegetables /brFish /brBread and Cereals /brDairy /brOthers
The global Foodtech Market is one of the lucrative growth markets, poised to register a 9.7% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Zomato Media Private Limited, Bundl Technologies Private Limited, Amazon.com, Inc., Impossible Foods Inc., Delivery Hero SE, Picnic Technologies B.V., Wolt Enterprises Oy, HelloFresh SE, Foodpanda GmbH, Rebel Foods Private Limited, Uber Technologies, Inc., Tripadvisor, Inc., LaFourchette SAS (TheFork), Ocado Group plc, Oda Kitchens Limited
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume