Foodtech Market Scope
FoodTech is the intersection between food and technology; the application of technology to improve agriculture and food production, the supply chain and the distribution channel
The Foodtech market study is segmented and major geographies with country level break-up.
The market is expected to grow in the food industry. It has wide applications for online food delivery. Several companies such as uber eats, TripAdvisor are operating in the market to provide customers better offer with various features & unique offerings. The market is a partially fragmented market with the presence of several market players and local players. The demand for the market is huge due to huge demand from customer end for online ordering that is triggering the market growth over the forecast period
Zomato (India), Swiggy(India), AMAZON (United States), IMPOSSIBLE FOODS (United States), Delivery Hero (Germany), Picnic (Netherlands), Wolt (Finland), HelloFresh (Germany), Foodpanda (Germany), REBEL FOODS (India), Uber Eats (United States), Tripadvisor (United States), TheFork (France), Ocado (United Kingdom), Oda (Norway) and Others are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Foodtech market by Type, Application and Region.
On the basis of geography, the market of Foodtech has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In May 2020, Amazon has launched an online food delivery service named Amazon food in Bengaluru, India. The main aim for launching to strengthen the company’s position in the online food delivery market and will enable the company to compete with established players such as Zomato and swiggy
- Changing consumer behavior has led to a massive rise of Cloud Kitchens
- Huge demand for online food delivery
- With increasing internet penetration, expanding reach in small tiers, and availability of multiple food options, the food tech industry is witnessing an increase in the number of subscription
- The seasonal food spoil quicker and easier
Key Target AudienceRegulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-use Industry
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Foodtech Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.