DUBLIN--(BUSINESS WIRE)--The "Global Smart Food Market: Focus on Food Types (Functional, Encapsulated, Genetically Modified) & End Products (Dairy, Bakery, Meat, Confectionary, Dietary Supplements, Beverages) - Analysis & Forecast (2017-2022)" report has been added to ResearchAndMarkets.com's offering.
Global Smart Food Market Anticipated to Reach $525.25 Billion by 2022
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 companies have come up with the smart food segment in their existing product portfolios, marketing them as products which assist in preventing diseases or improve health conditions, thereby further reducing the healthcare costs.
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, confectionary, 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 prominent players operating in the global smart food market are Ingredion, Cargill Inc., Balchem Corporation, Sensient Technologies, Symrise, and Kerry group.
- Increasing Health Conscious Population
- Growing Research and Development in Food Preservatives
- Introduction of Food Preservation Techniques
- Rising Healthcare Costs
- Fragmented Nature of the Market
- Lack of Awareness About Smart-Food Products
- High Cost Restricting Mass Adoption
- Government Support and Rising Economy in Developing Nations
- Population Demographics Across the Globe
Key Topics Covered:
1 Report Scope & Methodology
2 Industry Analysis
3 Market Dynamics
4 Competitive Landscape
5 Smart Food Market by Food Type
6 Smart Food Market by End Products
7 Smart Food Market by Geography
8 Company Profiles
- Archer Daniels Midland Company
- Arla Foods
- Balchem Corporation
- Cargill Inc.
- Ingredion Inc.
- International Flavors & Fragrances Inc. (IFF)
- Kerry Group
- Royal FrieslandCampina N.V.
- Sensient Technologies Corporation
- Tate & Lyle
- The Coca Cola Company
For more information about this report visit https://www.researchandmarkets.com/research/kpgc46/global_smart_food?w=4