Global Food Service Distribution Software Market Size, In-Depth Assessment, CAGR, Demand, and Opportunity Analysis 2029 with Top Countries Data

Food Service Distribution Software Market:

The foodservice distribution software is a moderately fragmented market and is presumed to grow at a significant rate during the forecast period. The market is largely driven by technological advancement, allowing enterprises and consumers to enhance convenience and transparency, and surging adoption of food on-demand services across the globe. Additionally, government initiatives to provide door-to-door food services to people in lockdown drive market growth. In the U.S., some of the local enterprises such as ABS Seafood, Golden Gate Meat Company, and Vegiworks are currently using Food Service Distribution Software to enhance productivity, control inventory management, improve pricing transparency, and evaluate performance.

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The Major Players Covered in this Report: BlueCart, AFS Technologies, Food Service Solutions, Simons Solutions, Rutherford and Associates, Produce Pro Software, Bcfooderp, Redzone, GetSwift, Biwer and Associates, ENCOMPASS TECHNOLOGIES, & more...

By Component, Software, Services, o Training services, o Implementation services, o Other support services, By Deployment Mode, Cloud, On-premise, By Organization Size, SMEs, Large enterprise, By End-User, Restaurants & Hotels, Supermarkets, Casinos, Pizzarias, Delicatessens, Convenience stores, Hospitals and schools, Franchises,

Key Developments:
1. In 2018, AFS Technologies, a leading global provider of software solutions, partnered with Keck’s Food Service, Inc. to enhance warehouse management, productivity, analytics, order management, and integrated deal management.

2. In 2017, BlueCart acquired Sous to enhance BlueCart’s existing cloud procurement management solution. In light of the acquisition, the company aims to focus on innovations.
In 2019, AFS Technologies, a leading global provider of software solutions, launched Artificial Intelligence (AI) and Machine learning to focus on problem-solving, especially in manufacturing, food distribution, and food retailing.

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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Food Service Distribution Software in the APAC Region:
The Asia-Pacific region is anticipated to hold the largest market share in the global Food Service Distribution Software market during 2020-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia.

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Key Highlights:
1.) By deployment model, the cloud segment holds the highest market share and is presumed to continue the same during the forecast period. Cloud foodservice solution offers a secure payment platform, meal plan solution, and loyalty applications at lower prices.

2.) By organization, the SMEs segment is anticipated to grow with the highest CAGR during the forecast period. Increasing government initiatives to adopt foodservice distribution software for enhancing customer experience drives the segment growth.

3.)The large enterprise segment dominates the market and is presumed to continue the same during the forecast period. Large enterprises, such as hospitals and financial institutions, are largely adopting foodservice distribution software, further driving the segment growth.

4.) The software segment holds a significant market share. The segment is bolstered by the rising adoption of digital technology among people and favorable government regulations in terms of food safety.

5.) The restaurant and hotel segment is projected to witness the fastest growth. The segment’s most prominent driver is the rapid technological advancement in the field of food delivery services.

6.) Europe’s foodservice distribution software market is projected to grow with the highest CAGR during the forecast period due to the rising adoption of foodservice distribution software.

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