Food Service Distribution Software Market 2019: Future Trends, Key Players: BlueCart, AFS Technologies, Food Service Solutions etc.

Food Service Distribution Software Market Snapshot:

Food Service Distribution Software allows users to schedule, track, and manage inventory related to food storage and distribution. The software allows foodservice distribution companies to plan shipments, manage customers, and maintain well-documented records of food orders. Food Service Distribution Software has the ability to produce analytics reports used in sales processes and performance evaluation. They offer customized tools for analyzing performance, profits, and market prices to maximize sales effectiveness, and also contain tools for managing incoming distributions.
Technological advancements in cloud-based ERP solutions, favorable government regulations, and growing demand for food on-demand services drive the 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.

Technological development is reshaping the Food Service Distribution Software market across all industrial sectors. Shifting customer preference towards online food ordering services through apps and websites drives the market growth. Today, the online food ordering platform offers umpteen services to customers, including menu comparison, review posting, scanning, and tracking. In 2018, about 82% of orders were placed from home, while only 16% were placed from the workplace.

The SMEs segment is anticipated to grow with the highest CAGR during the forecast period. Increasing government initiatives to adopt Food Service Distribution Software for enhancing customer experience drives the segment growth. For instance, in 2017, the government of India (GOI) implemented the Depot Online System to facilitate effective management, tracking, and control procurement, storage, and movement of food grains. The system enables SMEs to increase productivity and have better control over transactions. Advancement in technology such as cloud computing enables SMEs to collaborate more closely with customers, easily access the past order and transaction history, manage inventory level, and eliminate the need for hardware and internal network

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 service. Shifting consumer preference towards online food ordering provides an impetus to the segment growth. Recently, Dineout launched Project Thali to eliminate hunger at local and national levels. Thus, Food Service Distribution Software will provide ease in business operations and inventory management, further increasing its adoption in restaurants and hotels. 

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. In 2019, the U.S. government implemented the Food Safety Modernization Act (FSMA) that focuses on improving the country’s food safety. In 2017, Amazon acquired the leading food distributor company Whole Foods to strengthen its business in food distribution service, further driving the segment growth.

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The Major Prominent 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 ,

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Food Service Distribution Software in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Food Service Distribution Software market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Food Service Distribution Software and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Food Service Distribution Software. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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Impact of COVID-19 -
COVID-19 has severely affected all industrial sectors, particularly SMEs. The Food Service Distribution Software market is witnessing a sluggish growth due to temporarily halt of business operations to support government regulations. However, some of the government agencies and large enterprises continue to provide foodservice distribution amidst the outbreak to provide people with necessary commodities. For instance, in 2020, Sysco and the U.S. Foods, the two largest restaurants, and food service distributors of the U.S. are supplying groceries to stores, further driving the demand for Food Service Distribution Software to track inventory management, supply chain, and performance.

Key Questions Answered in The Report:
What will the Food Service Distribution Software market growth rate?
What are the key factors driving the global Food Service Distribution Software market?
Who are the key manufacturers in the Food Service Distribution Software market space?
What are the market opportunities, market risk, and market overview of the Food Service Distribution Software market?
What are sales, revenue, and price analysis of top manufacturers of the Food Service Distribution Software market?
Who are the distributors, traders, and dealers of the Food Service Distribution Software market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Food Service Distribution Software Industry?
What are sales, revenue, and price analysis by regions of Food Service Distribution Software industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Key Food Service Distribution Software Market Trends:
- The report identifies, determines, and forecasts the Global Food Service Distribution Software Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Food Service Distribution Software Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Food Service Distribution Software Market.

Key Developments -
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.
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 new 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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