Digital Food Management Market By Application (Food Safety, Marketing, and Other), By Technology (Computer-Aided Design (CAD), Computer Aided Engineering (CAE), Sales Force Automation (SFA), Enterprise Resource Planning (ERP), and Other), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

Digital Food Management Market size is expected to be worth around USD 13.2 Bn by 2032 from USD 3.1 Bn in 2022, growing at a CAGR of 16.0% during the forecast period from 2023 to 2032.

Digital food management facilitates digital marketing with historical and real-time customer preferences. The digitalization of the food supply chain in the food industry deals with optimizing the supply chain of food by using sensors and blockchain to track food products, reduce waste, and help manage inventory. The food companies are more shifted towards cloud services in order to provide better consumer services. The emergence of online food delivery channels is expected to drive the digital food management market during the forecast period.

Driving factors

Technological advancements in food management techniques

Digital technologies are actively used in food services industries and hotels to provide a better consumer experience by providing safety solutions. Digitalization stimulated the development of numerous information technologies that are applicable to digital food management. Catering services providers are focusing on establishing long-term and stable relations with their customers to a greater extent.

Most service providers are adopting customer relationship management (CRM) services driving the growth of the digital food management market. The core principle of digital transformation is to replace outdated and analog processes with modern and fully integrated technology. The use of digital management solutions reduces the inaccuracies, delays of delivery, and loss of data associated with manual processes.

Increasing trends towards online food ordering

Digitalization in food services allows food supply chains to be highly connected, efficient, and responsive to customer needs and regulations. Digitalization in food industries improves the online presence of brands with effective advertising through various social media platforms. The adoption of smartphones is increasing; thus, Online food delivery services are increasing. Consumers are more inclined towards ready-to-eat foods.

Therefore, the demand for digital safety solutions is increasing. Technological advancements such as Artificial Intelligence (AI) and the Internet of Things (IoT) help in manually sorting food products and optimizing the production rate and quality with less waste.

Restraining Factors

High maintenance costs of digital systems

The global digital food management market is hampered by increasing maintenance costs and high implementation costs in digital systems. It is also harder to get skilled professionals in this field, which makes it an even tougher task to maintain the system. Apart from this, the poor infrastructure is expected to have a negative impact on digital food management market growth.

Application Analysis

The food safety segment is dominant in the market, with the largest market revenue share

Based on application, the digital food management market is classified into food safety, marketing, and other applications. The food safety segment was dominant in the market, with the largest market revenue share of 38% in 2022. Increasing governmental concerns regarding food safety regulations and standards are driving the segment's growth.

Technological advancements in digital food management solutions, such as product tracking, provide vital information about products. Food safety management system provides better customer satisfaction. The food safety management systems are based on principles of HACCP that help the business to identify and control the quality of food products.  The marketing segment is expected to grow at the fastest CAGR during the forecast period to the emergence of social media platforms.

Technology Analysis

The CAD segment is dominant in the market, with the largest market revenue share.

By technology, the digital food management market is segmented into Computer-Aided Design (CAD), Computer Aided Engineering (CAE), Sales Force Automation (SFA), Enterprise Resource Planning (ERP), and other technologies. The computer-aided design segment was dominant in the digital food management market, with the largest market revenue share of 31% in 2022. The CAD technology creates innovative designs of food looks and uses CAD and desktop software. This technology also helps in packaging an already manufactured product for public consumption.

The Sales force automation segment is expected to grow at the fastest CAGR during the forecast period due to increasing technological advancements in the food industry. This system provides sale force automation software that automates administrative duties so food sellers can spend less time. Mobile apps such as AppShark are beneficial in providing expert salesforce consultancy services in kitchens. Using other technologies, such as Computer Aided Engineering (CAE) and Enterprise Resource Planning (ERP), is proving beneficial in providing better safety solutions in the food industry.

Key Market Segments

Key Market Segments:

By Application

• Food Safety
• Marketing
• Other Applications

By Technology

• Computer-Aided Design (CAD)
• Computer-Aided Engineering (CAE)
• Sales Force Automation (SFA)
• Enterprise Resource Planning (ERP)
• Other Technologies

Growth Opportunity

Increasing revolution in food industry

The food industry is one of the largest industries in the world, providing better consumer services. Food products are one of the most popular and fast-selling consumer goods, among others. Thus, demand for digital food safety management is expected to increase during the forecast period. The online food business is an emerging market where people can able to sell food on the Internet rather than in physical stores.

Also, increasing strict regulations to comply with food safety testing and guidelines across the countries is expected to create lucrative opportunities in the digital food management market. Digital food management technologies in food industries help reduce waste, and the environmental impact of food industries is expected to show lucrative growth in the forecast period.

Latest Trends

Emergence of E-Commerce services

The revolution in e-commerce is increasing; thus, online platforms, digital payment methods, and online food delivery mobile apps have changed the way consumers order food. Online food delivery channels provide doorstep services; thus, consumers prefer online food ordering. Digital technologies such as machine learning, deep learning, and data analytics are being used to understand consumer preferences.

The emergence of blockchain technologies is helping food delivery services in a secure and transparent food supply chain; thus, food industries are rapidly adopting digital food management solutions to obtain a competitive edge in the digital food management market.

Regional Analysis

North America is dominant in the market, with the largest market revenue share.

North America was dominant in the market, with the largest market revenue share of 39% in 2022. The growth of the region is attributed to increasing government regulations on food safety and management. The technological adoption rate in North America is greater; thus, food industries in the region are focusing on the adoption of digital food safety technologies. The presence of major key players in the region, such as iFoodDS, Neogen Corporation, and 3M Company, is driving regional growth of the market.

The increasing digitalization in the supply chain of the food industries and the adoption of blockchain and deep learning techniques are driving digital food management market growth. Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. The increasing technological advancements in emerging economies such as China, Japan, Singapore, and India are driving the regional growth of the market.

Key Regions and Countries

North America

• US
• Canada
• Mexico

Western Europe

• Germany
• France
• The UK
• Spain
• Italy
• Portugal
• Ireland
• Austria
• Switzerland
• Benelux
• Nordic
• Rest of Western Europe

Eastern Europe

• Russia
• Poland
• The Czech Republic
• Greece
• Rest of Eastern Europe

APAC

• China
• Japan
• South Korea
• India
• Australia & New Zealand
• Indonesia
• Malaysia
• Philippines
• Singapore
• Thailand
• Vietnam
• Rest of APAC

Latin America

• Brazil
• Colombia
• Chile
• Argentina
• Costa Rica
• Rest of Latin America

Middle East & Africa

• Algeria
• Egypt
• Israel
• Kuwait
• Nigeria
• Saudi Arabia
• South Africa
• Turkey
• United Arab Emirates
• Rest of MEA

Key Players Analysis

The key players in the digital food management market are focusing on deep learning and data analytics to find consumer preferences. Several key players are adopting business strategies such as merging, acquisition, collaboration, and joint ventures to obtain a competitive edge in the market. The top players in the digital food management market include FlexiBake Ltd., GOFRUGAL, iNECTA LLC, JAMIX Oy, KELLTON TECH, Kitchen Brains, Omega POS Inc., Oracle Corp., etc.

Top Key Players in Digital Food Management Market

• Agilysys Inc.
• Apicbase NV
• Computrition Inc.
• SmartSuite Holdings LLC
• SweetWARE
• The CBORD Group Inc.
• Toast Inc.
• FlexiBake Ltd.
• GOFRUGAL
• iNECTA LLC
• JAMIX Oy
• KELLTON TECH
• Kitchen Brains
• Omega POS Inc.
• Oracle Corp.
• Other Key Players

Recent Development

• In November 2021, Jolt Software which is a provider of digital food safety management software, introduced Jolt Communication Manager software in the market.
• In July 2020, the PENN Connected- Digital Food Safety compliance management system was launched by Johnson Controls.

Report Scope