Global Smart Food Market, Analysis & Forecast- 2017 to 2022 Global Smart Food Market | Page 2

Global Smart Food Market, Analysis & Forecast- 2017 to 2022
(Focus on Food Type, End Products & Region)
Owing to the to the increasing awareness among consumers about health and balanced diet and
also the changing dietary patterns due to modern lifestyle, the smart food market is expected
to grow at a CAGR of 8.32% through 2016 to 2022. The report is a compilation of the different
segments of global smart food market, including market breakdown by the food type, end
products, and different geographical areas. Herein the revenue generated from the food type,
namely: functional food, encapsulated food, genetically modified food, and others; and end
products, namely: bakery products, confectionay, and dairy products is tracked to calculate the
overall market size. While highlighting the key driving and restraining forces for this market,
the report also provides a detailed summary of the smart food market. It also includes the key
participants involved in the industry at the relevant sections.
The figure below represents the growth of the smart food market from 2015 to 2022.
Global Smart Food Market, Year-on-Year Growth,
2014-2022
XX
XX
XX
XX
XX
XX
XX%
XX
XX
XX
XX
XX
2014
2015
2016
2017
2018
2019
2020
2021
2022
2016
XX
2017
2022
BIS Research Analysis
The report puts special emphasis on the market share of the services provided in smart food
market, owing to the changing paradigms in the industry. In spite of this, due to the numerous
instances of failed business models and financial pressure, a majority of potential new entrants
resist from adopting smart food services. The reports further includes a thorough analysis of
the impact of the five major forces to understand the overall attractiveness of the industry.
This segment also focuses on the investments done in the smart food market by the market
participants.
The most often used strategy for developing a better hold on to the market has been through
mergers & accquisition, followed by business expansion. Moreover, the company profile section
highlights significant information about the key companies involved along with their financial
positions, key strategies & developmental activities of recent years.
Further, the report includes an exhaustive analysis of the geographical split into North America,
Europe, Asia-Pacific (APAC), and Rest of the World (R.o.W.). Each geography details the individual
push and pull forces in addition to the key players from that region. The prominent players
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