Key Trends Influencing the Growth of the Digital Food Management Market in 2025: Samsung Introduces Personalized Food Service To Simplify Meal Preparation And Ingredient Ordering

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What Is the Expected CAGR for the Digital Food Management Market Through 2025?
The size of the digital food management market has expanded significantly in the recent past. The market is projected to increase from $2.88 billion in 2024 to $3.28 billion in 2025, indicating a compound annual growth rate (CAGR) of 14.1%. Factors such as higher internet accessibility, the popularity of smartphones, customer necessity for convenience, the emergence of food delivery platforms, and alterations brought about by the pandemic have all contributed to its growth during the historical period.

What's the Projected Size of the Global Digital Food Management Market by 2029?
The market size for digital food management is predicted to witness rapid expansion in the coming years, reaching a valuation of $5.48 billion by 2029, with a compound annual growth rate (CAGR) of 13.7%. The anticipated growth within this period is linked with an increase in e-commerce, integrated payment systems, social media marketing, restaurant digital technology advancement, virtual kitchen growth, and rise in contactless payment and delivery services. Key trends for the forecasted period are autonomous delivery vehicle advancement, the introduction of 5G technology, progresses within artificial intelligence and machine learning, the use of blockchain for food tracking, augmented reality menus, restaurant collaborations with delivery applications, and blockchain utilization to boost customer trust.

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Top Growth Drivers in the Digital Food Management Industry: What's Accelerating the Market?
The digital food management market is set to flourish due to the rise in demand for convenience in online ordering and contactless dining. These services enable customers to carry out their transactions without having to closely interact with restaurant staff or touch communal surfaces. By improving efficiency and accuracy, and incorporating real-time data, digital food management makes online ordering and contactless dining even more convenient for customers. Mad Mobile, a non-profit organization from the US, reported in June 2024 that the online food delivery market is not only thriving but is projected to advance from $3.7 billion in 2023 to $90.3 billion by 2030. Customers using restaurant-to-consumer services saw a growth of 20% from the previous year, reaching 760 million users. Hence, the heightened demand for easier online ordering and contactless dining experiences is effectively fueling the expansion of the digital food management market.

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What Trends Will Shape the Digital Food Management Market Through 2029 and Beyond?
Leading organizations in the digital food management industry are introducing innovative technologies such as customized meal planning and online ingredient ordering to enhance their market revenue. These technologies aim to simplify the process of meal preparation while fostering healthy eating habits. In August 2023, for example, the major appliances and consumer electronics firm Samsung Electronics Co., Ltd. from South Korea launched Samsung Food. This AI-driven personalized food and recipe service functions as a personalized assistant to users, helping them discover new recipes, design individualized meal plans, and purchase ingredients online. Catering to users in eight languages across 104 nations, Samsung Food offers more than 160,000 recipes. It further allows users to control their Samsung cooking appliances, walk them through recipes, and provide features like setting timers and preheating ovens from their devices. Plus, the application can identify food items using photos, delivering nutritional details and recipe recommendations.

What Are the Main Segments in the Digital Food Management Market?
The digital food management market 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, marketing, 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 Top Companies are Driving Growth in the Digital Food Management Market?
Major companies operating in the digital food management market 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.

Which Regions Will Dominate the Digital Food Management Market Through 2029?
North America was the largest region in the digital food management market 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 report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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