Press release
Digital Food Management Market Share Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share Share
What Market Share dynamics are playing a key role in accelerating the growth of the digital food management Market Share?The escalating preference for easy online ordering and touch-free dining is projected to drive the expansion of the digital food management Market Share in the future. These restaurant services, which enable customers to order and pay without direct interaction with staff or contact with communal surfaces, are being streamlined by digital food management. This improves efficiency, precision, and customer convenience using automatic processes and real-time data integration. For example, Mad Mobile, a non-governmental organization from the US, reported in June 2024 that the online food delivery Market Share is thriving, with an expected growth from $3.7 billion in 2023 to $90.3 billion by 2030. The restaurant-to-consumer section achieved 760 million users, signifying a 20% rise from the previous year. Therefore, the growing demand for convenience in online ordering and touch-free dining is a major factor fueling the expansion of the digital food management Market Share.
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How will the growth rate of the digital food management Market Share shape industry trends by 2034?
In recent times, the digital food management Market Share has witnessed remarkable expansion. The Market Share, which is estimated to be worth $2.88 billion in 2024, is expected to inflate to $3.28 billion by 2025, growing at a Compound Annual Growth Rate (CAGR) of 14.1%. The prominent growth observed historically can be credited to factors such as elevated internet usage, widespread adoption of smartphones, escalating consumer demand for convenience, emergence of food delivery platforms, and modifications induced by the pandemic.
The Market Share size of digital food management is predicted to witness substantial expansion in the coming years, reaching $5.48 billion by 2029 with a compound annual growth rate (CAGR) of 13.7%. This escalation during the forecast period can be credited to the surge in e-commerce, amalgamation of payment methods, social media Market Shareing, digital transformation of restaurants, the evolution of virtual kitchens, and the upsurge in contactless payment and delivery. Dominant trends during this forecast span entail progress in self-driving delivery vehicles, rollout of 5G technology, advancements in artificial intelligence and machine learning, utilization of blockchain for food traceability, augmented reality menus, collaboration between restaurants and delivery apps, and application of blockchain to heighten customer trust.
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What are the emerging trends shaping the future of the digital food management Market Share?
In the digital food management Market Share, prominent companies are implementing advanced technologies like personalized meal planning and online ingredient ordering to boost their Market Share profitability. These innovations are aimed at making meal preparation more convenient and encouraging healthy eating habits. One such example is Samsung Electronics Co., Ltd, a leading corporation in consumer electronics and appliances in South Korea, which introduced Samsung Food in August 2023. Samsung Food, an AI-driven food and recipe service, acts as a personal assistant to help users explore new cuisines, craft tailored meal plans, and purchase ingredients online. Delivering services in eight languages in 104 countries, it offers a vast collection of over 160,000 recipes. The app allows users to manage their Samsung kitchen appliances, providing step-by-step cooking instructions and functions like timer setting and oven preheating directly from their devices. Moreover, the app also recognizes food through images, providing information about nutrition and recipe suggestions.
Which primary segments of the digital food management Market Share are driving growth and industry transformations?
The digital food management Market Share covered in this report is segmented -
1) By Type: Software Solutions, Hardware Solutions, Services
2) By Technology: Computer-Aided Design (CAD), Computer-Aided Engineering (CAE), Sales Force Automation (SFA), Enterprise Resource Planning (ERP), Other Technologies
3) By Application: Food Safety, Market Shareing, Other Applications
4) By End-User: Restaurants And Cafes, Fast Food Chains, Catering Services, Hotels and Hospitality, Food Trucks, Other End Users
Subsegments:
1) By Software Solutions: Inventory Management Software, Order Management Software, Menu Management Software, Food Safety Compliance Software, Analytics And Reporting Tools
2) By Hardware Solutions: Point Of Sale (POS) Systems, Food Temperature Monitoring Devices, Digital Scales, Self-Service Kiosks, RFID Systems
3) By Services: Consulting Services, Implementation Services, Training And Support Services, Maintenance and Upgrades, Managed Services
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Which geographical regions are pioneering growth in the digital food management Market Share?
North America was the largest region in the digital food management Market Share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital food management Market Share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the digital food management Market Share landscape?
Major companies operating in the digital food management Market Share report are Oracle Corporation, Uber Technologies Inc., Block Inc., Booking Holdings Inc., DoorDash Inc., Just Eat Takeaway.com, Roper Technologies Inc., Toast Inc., Grubhub Inc., Deliveroo, Zoho Corp. Pvt. Ltd., Lightspeed POS Inc., CBORD Group Inc., The CBORD Group Inc., AGILYSYS INC., TouchBistro Inc., Kellton Tech Solutions Ltd., HungerRush LLC, Omega Softwares Inc., iNECTA LLC, Tastewise Technologies Ltd., GOFRUGAL Technologies, APICBASE NV, Profileprint PTE LTD.
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What Is Covered In The Digital Food Management Global Market Share Report?
• Market Share Size Forecast: Examine the digital food management Market Share size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the digital food management Market Share for a structured understanding.
• Key Players Overview: Analyze major players in the digital food management Market Share, including their Market Share value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the digital food management Market Share.
• Segment Contributions: Evaluate how different segments drive overall growth in the digital food management Market Share.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the digital food management Market Share.
• Industry Challenges: Identify potential risks and obstacles affecting the digital food management Market Share.
• Competitive Landscape: Review strategic developments in the digital food management Market Share, including expansions, agreements, and new product launches.
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