Food Tech Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027

Comments · 668 Views

Growth of advanced technologies within the food industry is driving global food tech market growth.
Market Size – USD 220.32 Billion in 2019, Market Growth – at a CAGR of 6.0%, Market Trends – Technological advancement in food processing techniques

The Global Food Tech Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.

The global food tech market is expected to reach a value of USD 342.52 Billion by 2027, according to recent analysis by Emergen Research. This growth can be attributed to increasing adoption of advanced technologies in food processing techniques for improving food safety and efficiency of production processes. Food processing companies are increasingly investing in adoption and deployment of robotics and automation across processes in the food industry. This is resulting in more hygienic processes, faster production, and higher capacity output. In addition, increasing availability of fresh products and improved visibility through online channels, is resulting is rising demand and consumption, which is driving growth of the food tech market. Food industries are investing significantly in automation and digitalization in order to meet growing demand for food due to the rapid population growth. Moreover, rising demand for healthier, cheaper, and safer and more hygienic food products is driving market growth.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/464

The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Key companies operating in the Food Tech market include:

Amazon, Apeel Sciences, McCormick Company, Delivery Hero, DoorDash, Domino’s Pizza Inc., Goodr, Pizza Hut International, McDonald’s Corporation, Grubhub

Based on the product type, the Food Tech market is segmented into:

  • Technology type Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2020–2027)

    • Mobile App
    • Websites
  • Service type Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2020–2027)

    • Online Food delivery
    • Online Grocery delivery
    • OTT Convenience Services     
  • Product type Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2020–2027)

    • Meat
    • Fruit and Vegetables
    • Fish
    • Bread and Cereals
    • Dairy
    • Other food products            

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/food-tech-market

Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

  • North America
    • S.
    • Canada
  • Europe
    • K.
    • Italy
    • Germany
    • France
    • Rest of EU
  • Asia Pacific
    • India
    • Japan
    • China
    • South Korea
    • Australia
    • Rest of APAC
  • Latin America
    • Chile
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East Africa
    • Saudi Arabia
    • A.E.
    • South Africa
    • Rest of MEA

Key Questions Addressed in the Report:

  • Who are the leading players in the Food Tech industry?
  • Which region is expected to dominate the market in the coming years?
  • What are the key applications of Food Tech?
  • Which segment is expected to garner traction during the coming years?
  • What are the key strategies adopted by leading players in the market?

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/464

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

Read similar reports by Emergen Research:

Mammalian Cell Culture Market

https://www.emergenresearch.com/industry-report/mammalian-cell-culture-market

In Vitro Fertilization Services Market

https://www.emergenresearch.com/industry-report/in-vitro-fertilization-services-market

Wireless Display Market

https://www.emergenresearch.com/industry-report/wireless-display-market

Underfloor Heating Market

https://www.emergenresearch.com/industry-report/underfloor-heating-market

Precision Surgery Device Market

https://www.emergenresearch.com/industry-report/precision-surgery-device-market

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkedIn | Twitter | Blogs

Latest Reports: Aerospace 3D Printing MarketMilitary Robots Market

Trending Reports: Medical Device Security MarketPectin Market

 

Comments