Increasing necessity to address global issues such as poor diets, environmental degredation, climate change, and poverty are factors driving global smart food market growth.
Vancouver, BC -- (SBWIRE) -- 02/24/2021 -- In the latest report titled "Global Smart Food Market", published by Emergen Research, our expert team has performed meticulous research on the global Smart Food business space, carefully investigating the ongoing industry trends, estimated market growth, projected market size & share, key drivers and opportunities, restraints, challenges, product segmentation, cost structure, market volume, competitive terrain, product portfolios and specifications, and company profiles of the key market players.
This steady revenue growth can be attributed to increasing investments by food processing companies for development of enhanced food preservation techniques, packaging, and high nutritional value food products. Rising prevalence of lifestyle diseases such as obesity, cardiovascular diseases, and diabetes are among other factors driving demand for smart food options among a growing global consumer base.
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Leading Market Players Profiled in the Report Include:
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
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
Regional Outlook (Revenue, USD Billion; 2021–2028)
North America
S.
Canada
Europe
Germany
K.
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Rest of MEA
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Objectives of the Global Smart Food Market Study:
An in-depth study of the evolving market sectors and the growth & penetration status of the global Smart Food market
COVID-19 Impact Analysis to highlight the major opportunities and challenges
Strategic recommendations to help readers formulate lucrative business strategies
Identification of the emerging players and their tactical approaches to expand market presence
An extensive study of the product portfolios of the major market players and their regional presence
A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures
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