PUBLISHER: KBV Research | PRODUCT CODE: 1384773
PUBLISHER: KBV Research | PRODUCT CODE: 1384773
North America Food Technology Market Size, Share & Industry Trends Analysis Report By Application (Food Science, Supply Chain, Delivery, Kitchen & Restaurant Tech and Others), By Application, By Component, By Country and Growth Forecast, 2023 - 2030
The North America Food Technology Market would witness market growth of 9.4% CAGR during the forecast period (2023-2030).
The food technology market, an integral component of the food and beverage industry, stands at the crossroads of innovation and tradition, representing a dynamic sector that constantly evolves to meet the ever-changing demands and preferences of consumers worldwide. Food Technology encompasses a diverse range of practices, from food processing and preservation to product development and packaging.
The world of food has undergone a remarkable transformation in recent years, driven by many factors, including changing consumer tastes, advances in scientific research, and the imperative of sustainable and efficient food production. Food technology is the engine behind many of these changes, offering solutions to challenges ranging from food security to waste reduction. It is essential for improving food's sustainability, safety, and quality.
The latest developments in the market have been profoundly influenced by changing consumer preferences and the need for more sustainable and environmentally friendly food production practices. As consumers seek healthier, more convenient, and ethically sourced food options, food technology companies are innovating and adapting to meet these demands.
Mexico has made significant strides in the processing of traditional foods like tortillas and maize-based products. Innovations in maize processing technologies have led to the production of tortillas with improved texture, taste, and extended shelf life. Modern tortilla manufacturing facilities in Mexico now utilize automated systems for mixing, shaping, and cooking, ensuring consistent product quality and food safety.
The adoption of microwave-assisted thermal sterilization (MATS) technology stands out as a key innovation. MATS technology has revolutionized the preservation of ready-to-eat meals by using microwave energy to rapidly and uniformly heat packaged foods. This process maintains the quality and flavor of food while significantly extending its shelf life. MATS technology has become particularly crucial in the military and emergency food supply sectors, ensuring that consumers have access to safe, high-quality meals in various situations. These innovations drive the growth of the regional market.
The US market dominated the North America Food Technology Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $71,140.7 Million by 2030. The Canada market is experiencing a CAGR of 11.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.9% during (2023 - 2030).
Based on Application, the market is segmented into Food Science, Supply Chain, Delivery, Kitchen & Restaurant Tech and Others. Based on Application, the market is segmented into Fish, Meat, & Seafood, Beverages, Dairy Products, Fruits & Vegetables, Grain & Oil, Bakery & Confectionery and Others. Based on Component, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Delivery Hero SE, HelloFresh SE, Swiggy, Flytrex Inc., Trax Technology Solutions Pte. Ltd., CUBIQ FOODS S.L., Lunchbox Technologies, Inc., Miso Robotics, Inc., Carlisle Technology, and Domino's Pizza, Inc.
Scope of the Study
Market Segments covered in the Report:
By Application
- Food Science
- Supply Chain
- Delivery
- Kitchen & Restaurant Tech
- Others
By Industry
- Fish, Meat, & Seafood
- Beverages
- Dairy Products
- Fruits & Vegetables
- Grain & Oil
- Bakery & Confectionery
- Others
By Component
- Hardware
- Software
- Services
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Delivery Hero SE
- HelloFresh SE
- Swiggy
- Flytrex Inc.
- Trax Technology Solutions Pte. Ltd.
- CUBIQ FOODS S.L.
- Lunchbox Technologies, Inc.
- Miso Robotics, Inc.
- Carlisle Technology
- Domino's Pizza, Inc.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Food Technology Market, by Application
- 1.4.2 North America Food Technology Market, by Industry
- 1.4.3 North America Food Technology Market, by Component
- 1.4.4 North America Food Technology Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. Recent Strategies Deployed in Food Technology Market
Chapter 5. North America Food Technology Market, by Application
- 5.1 North America Food Science Market, by Country
- 5.2 North America Supply Chain Market, by Country
- 5.3 North America Delivery Market, by Country
- 5.4 North America Kitchen & Restaurant Tech Market, by Country
- 5.5 North America Others Market, by Country
Chapter 6. North America Food Technology Market, by Industry
- 6.1 North America Fish, Meat, & Seafood Market, by Country
- 6.2 North America Beverages Market, by Country
- 6.3 North America Dairy Products Market, by Country
- 6.4 North America Fruits & Vegetables Market, by Country
- 6.5 North America Grain & Oil Market, by Country
- 6.6 North America Bakery & Confectionery Market, by Country
- 6.7 North America Others Market, by Country
Chapter 7. North America Food Technology Market, by Component
- 7.1 North America Hardware Market, by Country
- 7.2 North America Software Market, by Country
- 7.3 North America Services Market, by Country
Chapter 8. North America Food Technology Market, by Country
- 8.1 US Food Technology Market
- 8.1.1 US Food Technology Market, by Application
- 8.1.2 US Food Technology Market, by Industry
- 8.1.3 US Food Technology Market, by Component
- 8.2 Canada Food Technology Market
- 8.2.1 Canada Food Technology Market, by Application
- 8.2.2 Canada Food Technology Market, by Industry
- 8.2.3 Canada Food Technology Market, by Component
- 8.3 Mexico Food Technology Market
- 8.3.1 Mexico Food Technology Market, by Application
- 8.3.2 Mexico Food Technology Market, by Industry
- 8.3.3 Mexico Food Technology Market, by Component
- 8.4 Rest of North America Food Technology Market
- 8.4.1 Rest of North America Food Technology Market, by Application
- 8.4.2 Rest of North America Food Technology Market, by Industry
- 8.4.3 Rest of North America Food Technology Market, by Component
Chapter 9. Company Profiles
- 9.1 Delivery Hero SE
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.5.3 Geographical Expansions:
- 9.1.6 SWOT Analysis
- 9.2 HelloFresh SE
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental Analysis
- 9.2.4 Recent strategies and developments:
- 9.2.4.1 Partnerships, Collaborations, and Agreements:
- 9.2.4.2 Product Launches and Product Expansions:
- 9.2.4.3 Acquisition and Mergers:
- 9.2.5 SWOT Analysis
- 9.3 Swiggy (Bundl Technologies Pvt. Ltd.)
- 9.3.1 Company Overview
- 9.3.2 Recent strategies and developments:
- 9.3.2.1 Acquisition and Mergers:
- 9.3.3 SWOT Analysis
- 9.4 Flytrex Inc.
- 9.4.1 Company Overview
- 9.4.2 SWOT Analysis
- 9.5 Trax Technology Solutions Pte. Ltd.
- 9.5.1 Company Overview
- 9.6 CUBIQ FOODS S.L.
- 9.6.1 Company Overview
- 9.6.2 SWOT Analysis
- 9.7 Lunchbox Technologies, Inc.
- 9.7.1 Company Overview
- 9.7.2 Recent strategies and developments:
- 9.7.2.1 Acquisition and Mergers:
- 9.7.3 SWOT Analysis
- 9.8 Miso Robotics, Inc.
- 9.8.1 Company Overview
- 9.8.2 Recent strategies and developments:
- 9.8.2.1 Partnerships, Collaborations, and Agreements:
- 9.8.3 SWOT Analysis
- 9.9 Carlisle Technology
- 9.9.1 Company Overview
- 9.10. Domino's Pizza, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental Analysis
- 9.10.4 Recent strategies and developments:
- 9.10.4.1 Partnerships, Collaborations, and Agreements:
- 9.10.4.2 Product Launches and Product Expansions:
- 9.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Food Technology Market, 2019 - 2022, USD Million
- TABLE 2 North America Food Technology Market, 2023 - 2030, USD Million
- TABLE 3 North America Food Technology Market, by Application, 2019 - 2022, USD Million
- TABLE 4 North America Food Technology Market, by Application, 2023 - 2030, USD Million
- TABLE 5 North America Food Science Market, by Country, 2019 - 2022, USD Million
- TABLE 6 North America Food Science Market, by Country, 2023 - 2030, USD Million
- TABLE 7 North America Supply Chain Market, by Country, 2019 - 2022, USD Million
- TABLE 8 North America Supply Chain Market, by Country, 2023 - 2030, USD Million
- TABLE 9 North America Delivery Market, by Country, 2019 - 2022, USD Million
- TABLE 10 North America Delivery Market, by Country, 2023 - 2030, USD Million
- TABLE 11 North America Kitchen & Restaurant Tech Market, by Country, 2019 - 2022, USD Million
- TABLE 12 North America Kitchen & Restaurant Tech Market, by Country, 2023 - 2030, USD Million
- TABLE 13 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 14 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 15 North America Food Technology Market, by Industry, 2019 - 2022, USD Million
- TABLE 16 North America Food Technology Market, by Industry, 2023 - 2030, USD Million
- TABLE 17 North America Fish, Meat, & Seafood Market, by Country, 2019 - 2022, USD Million
- TABLE 18 North America Fish, Meat, & Seafood Market, by Country, 2023 - 2030, USD Million
- TABLE 19 North America Beverages Market, by Country, 2019 - 2022, USD Million
- TABLE 20 North America Beverages Market, by Country, 2023 - 2030, USD Million
- TABLE 21 North America Dairy Products Market, by Country, 2019 - 2022, USD Million
- TABLE 22 North America Dairy Products Market, by Country, 2023 - 2030, USD Million
- TABLE 23 North America Fruits & Vegetables Market, by Country, 2019 - 2022, USD Million
- TABLE 24 North America Fruits & Vegetables Market, by Country, 2023 - 2030, USD Million
- TABLE 25 North America Grain & Oil Market, by Country, 2019 - 2022, USD Million
- TABLE 26 North America Grain & Oil Market, by Country, 2023 - 2030, USD Million
- TABLE 27 North America Bakery & Confectionery Market, by Country, 2019 - 2022, USD Million
- TABLE 28 North America Bakery & Confectionery Market, by Country, 2023 - 2030, USD Million
- TABLE 29 North America Others Market, by Country, 2019 - 2022, USD Million
- TABLE 30 North America Others Market, by Country, 2023 - 2030, USD Million
- TABLE 31 North America Food Technology Market, by Component, 2019 - 2022, USD Million
- TABLE 32 North America Food Technology Market, by Component, 2023 - 2030, USD Million
- TABLE 33 North America Hardware Market, by Country, 2019 - 2022, USD Million
- TABLE 34 North America Hardware Market, by Country, 2023 - 2030, USD Million
- TABLE 35 North America Software Market, by Country, 2019 - 2022, USD Million
- TABLE 36 North America Software Market, by Country, 2023 - 2030, USD Million
- TABLE 37 North America Services Market, by Country, 2019 - 2022, USD Million
- TABLE 38 North America Services Market, by Country, 2023 - 2030, USD Million
- TABLE 39 North America Food Technology Market, by Country, 2019 - 2022, USD Million
- TABLE 40 North America Food Technology Market, by Country, 2023 - 2030, USD Million
- TABLE 41 US Food Technology Market, 2019 - 2022, USD Million
- TABLE 42 US Food Technology Market, 2023 - 2030, USD Million
- TABLE 43 US Food Technology Market, by Application, 2019 - 2022, USD Million
- TABLE 44 US Food Technology Market, by Application, 2023 - 2030, USD Million
- TABLE 45 US Food Technology Market, by Industry, 2019 - 2022, USD Million
- TABLE 46 US Food Technology Market, by Industry, 2023 - 2030, USD Million
- TABLE 47 US Food Technology Market, by Component, 2019 - 2022, USD Million
- TABLE 48 US Food Technology Market, by Component, 2023 - 2030, USD Million
- TABLE 49 Canada Food Technology Market, 2019 - 2022, USD Million
- TABLE 50 Canada Food Technology Market, 2023 - 2030, USD Million
- TABLE 51 Canada Food Technology Market, by Application, 2019 - 2022, USD Million
- TABLE 52 Canada Food Technology Market, by Application, 2023 - 2030, USD Million
- TABLE 53 Canada Food Technology Market, by Industry, 2019 - 2022, USD Million
- TABLE 54 Canada Food Technology Market, by Industry, 2023 - 2030, USD Million
- TABLE 55 Canada Food Technology Market, by Component, 2019 - 2022, USD Million
- TABLE 56 Canada Food Technology Market, by Component, 2023 - 2030, USD Million
- TABLE 57 Mexico Food Technology Market, 2019 - 2022, USD Million
- TABLE 58 Mexico Food Technology Market, 2023 - 2030, USD Million
- TABLE 59 Mexico Food Technology Market, by Application, 2019 - 2022, USD Million
- TABLE 60 Mexico Food Technology Market, by Application, 2023 - 2030, USD Million
- TABLE 61 Mexico Food Technology Market, by Industry, 2019 - 2022, USD Million
- TABLE 62 Mexico Food Technology Market, by Industry, 2023 - 2030, USD Million
- TABLE 63 Mexico Food Technology Market, by Component, 2019 - 2022, USD Million
- TABLE 64 Mexico Food Technology Market, by Component, 2023 - 2030, USD Million
- TABLE 65 Rest of North America Food Technology Market, 2019 - 2022, USD Million
- TABLE 66 Rest of North America Food Technology Market, 2023 - 2030, USD Million
- TABLE 67 Rest of North America Food Technology Market, by Application, 2019 - 2022, USD Million
- TABLE 68 Rest of North America Food Technology Market, by Application, 2023 - 2030, USD Million
- TABLE 69 Rest of North America Food Technology Market, by Industry, 2019 - 2022, USD Million
- TABLE 70 Rest of North America Food Technology Market, by Industry, 2023 - 2030, USD Million
- TABLE 71 Rest of North America Food Technology Market, by Component, 2019 - 2022, USD Million
- TABLE 72 Rest of North America Food Technology Market, by Component, 2023 - 2030, USD Million
- TABLE 73 key information - Delivery Hero SE
- TABLE 74 Key Information - HelloFresh SE
- TABLE 75 Key information - Swiggy
- TABLE 76 Key Information - Flytrex Inc.
- TABLE 77 Key Information - Trax Technology Solutions Pte. Ltd.
- TABLE 78 Key Information - CUBIQ FOODS S.L.
- TABLE 79 Key Information - Lunchbox Technologies, Inc.
- TABLE 80 Key Information - Miso Robotics, Inc.
- TABLE 81 Key Information - Carlisle Technology
- TABLE 82 Key Information - Domino's Pizza, Inc.
