NEW YORK, Sept. 22, 2022 /PRNewswire/ -- According to the report "Digital Food Management Solutions Market by Application and Geography - Forecast and Analysis 2022-2026", the market will witness a YOY growth of 14.98% in 2022 and a CAGR of 15.55% during the forecast period. The report is segmented by application (food safety, marketing, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
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The food safety segment will be the largest contributor to market growth during the forecast period. Digital food safety (DFS) is the concept of converting and converging manual food safety practices into a centralized software solution. The growth of the food safety market segment is attributed to factor such as the growing importance and stringency of food safety standards, an increase in the involvement of government agencies in food safety via regulations, and the rising demand for analytical instruments in the food and beverage industry.
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North America will provide maximum growth opportunities in the digital food management solutions market during the forecast period. According to our research, the region will contribute 46% of the global market growth. The US and Canada are the two major markets for digital food management solutions in North America. The rapid urbanization and the rising disposable income of the population will drive the digital food management solutions market growth in North America during the forecast period.
The digital food management solutions market is fragmented. Vendors are deploying growth strategies such as acquiring regional or local vendors to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Agilysys Inc.
- Apicbase NV
- Aptus Systems Ltd.
- Chetu Inc.
- Computrition Inc.
- Epicor Software Corp.
- eZee Technosys Pvt. Ltd.
- FlexiBake Ltd.
- GOFRUGAL
- iNECTA LLC
- JAMIX Oy
- KELLTON TECH
- Kitchen Brains
- Omega POS Inc.
- Oracle Corp.
- SmartSuite Holdings LLC
- SweetWARE
- The CBORD Group Inc.
- Toast Inc.
- Vision Software Technologies Inc.
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The growth of the foodservice industry is driving the growth of the market. Rapid urbanization has resulted in an increase in the disposable income of people globally. Hence, the demand for convenient and easy-to-prepare food products has increased. Foodservice establishments are focusing on maximizing profits, enhancing customer service, and reducing costs. The use of digital food management solutions helps in improving efficiency and reducing mismanagement of food delivery.
The increasing operational costs will challenge the digital food management solutions market during the forecast period. Customers prefer online food vendors that provide higher discounts. However, the increasing cost of food products and ingredients is driving the prices of food items. Thus, the unpredictability in the pricing of food items will have a negative impact on the profit margins of online on-demand food delivery services vendors.
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Digital Food Management Solutions Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.55% |
Market growth 2022-2026 |
USD 2.39 billion |
Market structure |
Fragmented |
YoY growth (%) |
14.98 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 46% |
Key consumer countries |
US, Canada, Germany, France, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Key companies profiled |
Agilysys Inc., Apicbase NV, Aptus Systems Ltd., Chetu Inc., Computrition Inc., Epicor Software Corp., eZee Technosys Pvt. Ltd., FlexiBake Ltd., GOFRUGAL, iNECTA LLC, JAMIX Oy, KELLTON TECH, Kitchen Brains, Omega POS Inc., Oracle Corp., SmartSuite Holdings LLC, SweetWARE, The CBORD Group Inc., Toast Inc., and Vision Software Technologies Inc. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Food safety - Market size and forecast 2021-2026
- Exhibit 28: Chart on Food safety - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Food safety - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Food safety - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Food safety - Year-over-year growth 2021-2026 (%)
- 5.4 Marketing - Market size and forecast 2021-2026
- Exhibit 32: Chart on Marketing - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Marketing - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Marketing - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Marketing - Year-over-year growth 2021-2026 (%)
- 5.5 Others - Market size and forecast 2021-2026
- Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Application
- Exhibit 40: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Canada - Market size and forecast 2021-2026
- Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 France - Market size and forecast 2021-2026
- Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.12 UK - Market size and forecast 2021-2026
- Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Agilysys Inc.
- Exhibit 93: Agilysys Inc. - Overview
- Exhibit 94: Agilysys Inc. - Product / Service
- Exhibit 95: Agilysys Inc. - Key offerings
- 10.4 Aptus Systems Ltd.
- Exhibit 96: Aptus Systems Ltd. - Overview
- Exhibit 97: Aptus Systems Ltd. - Product / Service
- Exhibit 98: Aptus Systems Ltd. - Key offerings
- 10.5 Chetu Inc.
- Exhibit 99: Chetu Inc. - Overview
- Exhibit 100: Chetu Inc. - Product / Service
- Exhibit 101: Chetu Inc. - Key offerings
- 10.6 Computrition Inc.
- Exhibit 102: Computrition Inc. - Overview
- Exhibit 103: Computrition Inc. - Product / Service
- Exhibit 104: Computrition Inc. - Key offerings
- 10.7 Epicor Software Corp.
- Exhibit 105: Epicor Software Corp. - Overview
- Exhibit 106: Epicor Software Corp. - Product / Service
- Exhibit 107: Epicor Software Corp. - Key offerings
- 10.8 KELLTON TECH
- Exhibit 108: KELLTON TECH - Overview
- Exhibit 109: KELLTON TECH - Business segments
- Exhibit 110: KELLTON TECH - Key offerings
- Exhibit 111: KELLTON TECH - Segment focus
- 10.9 Kitchen Brains
- Exhibit 112: Kitchen Brains - Overview
- Exhibit 113: Kitchen Brains - Product / Service
- Exhibit 114: Kitchen Brains - Key offerings
- 10.10 Oracle Corp.
- Exhibit 115: Oracle Corp. - Overview
- Exhibit 116: Oracle Corp. - Business segments
- Exhibit 117: Oracle Corp. - Key news
- Exhibit 118: Oracle Corp. - Key offerings
- Exhibit 119: Oracle Corp. - Segment focus
- 10.11 The CBORD Group Inc.
- Exhibit 120: The CBORD Group Inc. - Overview
- Exhibit 121: The CBORD Group Inc. - Product / Service
- Exhibit 122: The CBORD Group Inc. - Key offerings
- 10.12 Vision Software Technologies Inc.
- Exhibit 123: Vision Software Technologies Inc. - Overview
- Exhibit 124: Vision Software Technologies Inc. - Product / Service
- Exhibit 125: Vision Software Technologies Inc. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 126: Inclusions checklist
- Exhibit 127: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 128: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 129: Research methodology
- Exhibit 130: Validation techniques employed for market sizing
- Exhibit 131: Information sources
- 11.5 List of abbreviations
- Exhibit 132: List of abbreviations
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