Smart Food Market Analysis by Future Growth, Latest Trends And Key players
The Smart Food Market report relies on advanced primary and secondary research methodologies to assess information. The data for the study is gathered from reliable and trustworthy sources, ensuring the authenticity and accuracy of the research study. We also employ qualitative and quantitative analysis to deliver a comprehensive and all-encompassing research study on the global Smart Food market. The report also comprises of SWOT analysis, PESTLE analysis, and Porter’s Five Forces Model analysis, to offer the reader with a complete and all-inclusive study of crucial segments of the global Smart Food market.
The smart food movement by the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) is expected to boost growth of the smart food market during the forecast period. The movement aims to convert the ‘Big 3’, which is rice, maize, and wheat, into the ‘Big 5’, which includes rice, maize, wheat, millets, and sorghum, in order to reduce prevalence of malnutrition, particularly in developing countries.
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Top Companies Smart Food Market and Profiled in the Report are:
Archer-Daniels-Midland Company, Arla Foods, Aveka, Inc., Balchem Corporation, BASF SE, Cargill, Inc., Firmenich SA, Ingredion Incorporated, International Flavors & Fragrances Inc. (IFF), and Kellogg Company.
Key Highlights of Report
In November 2020, Cargill announced investment into Health for Life Capital II fund of Seventure Partners. The Health for Life capital II Fund of Seventure Partners supports the microbiome revolution in the areas of nutrition and health. The investment is expected to help Cargill in bringing more relevant products to the market in the functional food arena. The dairy products segment accounted for largest market share of 31.0% in 2020. Increasing consumption of dairy products among a global consumer base is driving growth of the smart food market, and this is expected to continue during the forecast period. Functional food segment revenue is expected to expand at a rapid CAGR of 10.3% during the forecast period. The health promoting properties of functional ingredients is boosting demand for functional foods among the health-conscious consumer base. Browse the complete Global Smart Food Market Research Report – Industry Analysis, Size, Share, Growth, Trends @ https://www.emergenresearch.com/industry-report/smart-food-market
Objectives of the Report:
Study of the global Smart Food market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027) Industrial structure analysis of the Smart Food market by identification of various sub-segments Extensive analysis of key market players along with their SWOT analysis Competitive landscape benchmarking Analysis of Smart Food market based on growth trends, futuristic outlook, and contribution to the total growth of the market Analysis of drivers, constraints, opportunities, challenges, and risks in the global Smart Food market Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances Check Our Prices@ https://www.emergenresearch.com/select-license/511
Emergen Research has segmented the global smart food market on the basis of end products, food type, and region:
End Products Outlook (Revenue, USD Billion; 2021–2028) Dairy products Bakery products Meat products Confectionary Beverages Dietary Supplements Others Food type Outlook (Revenue, USD Billion; 2021–2028) Encapsulated Food Functional Food Genetically Modified Food Others On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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