PUBLISHER: The Business Research Company | PRODUCT CODE: 1686058
PUBLISHER: The Business Research Company | PRODUCT CODE: 1686058
Digital food management involves the use of technology and software tools to oversee and optimize different aspects of food production, distribution, storage, and consumption, aiming to enhance efficiency, reduce waste, and improve food safety and sustainability in the food industry.
The primary types of digital food management include software solutions, hardware solutions, and services. Services enhance the efficiency of digital systems used in managing food inventory, sales, and customer interactions in the food industry. Various technologies, such as computer-aided design (CAD), computer-aided engineering (CAE), sales force automation (SFA), and enterprise resource planning (ERP), are employed. These technologies find applications in areas such as food safety, marketing, and others, serving various end-users such as restaurants and cafes, fast-food chains, catering services, hotels and hospitality, food trucks, and other entities in the food industry.
The digital food management market research report is one of a series of new reports from The Business Research Company that provides digital food management market statistics, including digital food management industry global market size, regional shares, competitors with a digital food management market share, detailed digital food management market segments, market trends, and opportunities, and any further data you may need to thrive in the digital food management industry. This digital food management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The digital food management market size has grown rapidly in recent years. It will grow from $2.88 billion in 2024 to $3.28 billion in 2025 at a compound annual growth rate (CAGR) of 14.1%. The growth in the historic period can be attributed to increased internet penetration, smartphone adoption, consumer demand or convenience, rise of food delivery platforms, pandemic-induced changes.
The digital food management market size is expected to see rapid growth in the next few years. It will grow to $5.48 billion in 2029 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to growth in e-commerce, integration of payment systems, social media marketing, restaurant digitization, growth of virtual kitchens, rise of contactless payment and delivery. Major trends in the forecast period include advancements in autonomous delivery vehicles, expansion of 5G technology, advancements in ai and ml, blockchain for food traceability, augmented reality menus, restaurant partnerships with delivery apps, blockchain for enhanced customer trust.
The growing demand for convenience in online ordering and contactless dining is expected to fuel the expansion of the digital food management market. Online ordering and contactless dining involve restaurant services that allow customers to place orders and make payments without close interaction with staff or touching shared surfaces. Digital food management enhances online ordering and contactless dining by improving efficiency, accuracy, and customer convenience through automation and real-time data integration. For example, in June 2024, Mad Mobile, a US-based non-governmental organization, reported that the online food delivery market is performing well and is projected to grow from $3.7 billion in 2023 to $90.3 billion by 2030. The restaurant-to-consumer segment reached 760 million users, marking a 20% increase from the previous year. As a result, the rising demand for convenience in online ordering and contactless dining is driving the growth of the digital food management market.
Key players in the digital food management market are introducing new technologies, such as personalized meal planning and online ingredient ordering, to enhance their profitability. These innovations aim to simplify meal preparation and encourage healthier eating habits. For example, in August 2023, Samsung Electronics Co., Ltd., a South Korea-based leader in appliances and consumer electronics, launched Samsung Food, an AI-powered personalized food and recipe service. Samsung Food acts as a personal assistant, helping users discover new recipes, create customized meal plans, and order ingredients online. Available in eight languages across 104 countries, the service features over 160,000 recipes. It also allows users to manage their Samsung cooking appliances, guiding them through recipes, setting timers, and preheating ovens remotely. Additionally, the app can recognize food items via photos, providing nutritional information and recipe recommendations.
In May 2023, Deliverect, a SAAS company headquartered in Belgium, completed the acquisition of ChatFood for an undisclosed sum. This strategic move by Deliverect is intended to bolster its digital food ordering capabilities, with a particular emphasis on enhancing services related to social media and QR code-based dine-in experiences. The acquisition allows Deliverect to offer a comprehensive solution for both in-restaurant dining and online food delivery. ChatFood, based in the UAE, specializes in providing social media ordering, order and pay at the table, and loyalty solutions, aligning closely with Deliverect's objectives in expanding its offerings within the food service industry.
Major companies operating in the digital food management market report are Oracle Corporation, Uber Technologies Inc., Block Inc., Booking Holdings Inc., DoorDash Inc., Just Eat Takeaway.com, Roper Technologies Inc., Toast Inc., Grubhub Inc., Deliveroo, Zoho Corp. Pvt. Ltd., Lightspeed POS Inc., CBORD Group Inc., The CBORD Group Inc., AGILYSYS INC., TouchBistro Inc., Kellton Tech Solutions Ltd., HungerRush LLC, Omega Softwares Inc., iNECTA LLC, Tastewise Technologies Ltd., GOFRUGAL Technologies, APICBASE NV, Profileprint PTE LTD.
North America was the largest region in the digital food management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital food management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the digital food management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The digital food management market consists of revenues earned by entities by providing services such as marketing, inventory management, ordering and delivery, menu planning, and customer engagement. The market value includes the value of related goods sold by the service provider or included within the service offering. The digital food management market consists of sales of inventory management devices, point-of-sale (POS) devices, and food traceability devices. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Digital Food Management Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on digital food management market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for digital food management ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The digital food management market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.