The global demand for Food Technology Market is presumed to reach the market size of nearly USD 394.36 BN by 2030 from USD 180.4 BN in 2022 with a CAGR of 10.27% under the study period 2023 - 2030.
Food technology, also known as food science and technology, is a multidisciplinary field that applies scientific and engineering principles to the production, processing, preservation, packaging, and distribution of food. It covers activities and processes that contribute to the development and enhancement of food products.
The food technology industry is influenced by several significant market drivers and trends that shape its growth and evolution. Consumer preferences are a primary driver, with demands for healthier, more sustainable, and convenient food options guiding product development. Health and wellness considerations have led to a focus on functional foods, nutritional fortification, and improved ingredient choices, all of which rely on food technology. Sustainability is another critical driver, as concerns about the environmental impact of food production drive innovation in reducing waste, implementing eco-friendly packaging, and developing alternative protein sources. The desire for convenience in today's busy lifestyles has prompted the creation of ready-to-eat meals and meal kits, which heavily depend on food technology for production and preservation. Food safety remains paramount, with advances in food technology aiding in monitoring and traceability systems. The digitalization of the food industry, including e-commerce and online food delivery, has also opened doors for technological solutions. Moreover, consumer demands for clean labels and ingredient transparency challenge the industry to develop products that meet these criteria. The growth of plant-based and alternative proteins, globalization of the food supply chain, regulatory changes, and the pursuit of reducing food waste further underscore the impact of food technology. Lastly, personalization and tailored nutrition are gaining prominence, driven by technology's ability to create customized food products. These market drivers collectively steer the food technology industry toward continuous innovation, addressing changing consumer needs and aligning with evolving societal trends.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of food technology. The growth and trends of food technology industry provide a holistic approach to this study.
This section of the food technology market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
By Application
By Industry
This section covers the regional outlook, which accentuates current and future demand for the Food Technology market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Food Technology market include Delivery Hero SE, HelloFresh SE, Swiggy, Flytrex Inc., TRAX IMAGE RECOGNITION, CUBIQ FOODS, LUNCHBOX, Miso Robotics, Carlisle Technology, Nymble (Epifeast Inc.). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . FOOD TECHNOLOGY – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Component
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Industry
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL FOOD TECHNOLOGY MARKET ANALYSIS BY COMPONENT
5.1 Overview by Component
5.2 Historical and Forecast Data
5.3 Analysis by Component
5.4 Hardware Historic and Forecast Sales by Regions
5.5 Software Historic and Forecast Sales by Regions
5.6 Services Historic and Forecast Sales by Regions
6 . GLOBAL FOOD TECHNOLOGY MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Food Science Historic and Forecast Sales by Regions
6.5 Kitchen & Restaurant Tech Historic and Forecast Sales by Regions
6.6 Delivery Historic and Forecast Sales by Regions
6.7 Supply Chain Histor ...