Food Tech Market to Grow at 9.9% CAGR, Driven by Digitalization, Sustainability Demands, and Supply Chain Innovation | DataM Intelligence

The global Food Tech Market reached USD 105.28 billion in 2024 and is projected to reach USD 224.31 billion by 2032, growing at a CAGR of 9.9% during the forecast period 2025-2032, according to DataM Intelligence.

United States: Recent Industry Developments

✅ In October 2025, Instacart launched an AI-powered meal planning and automated grocery delivery service, integrating with smart kitchen devices.
✅ In October 2025, the FDA approved the first 3D-printed plant-based meat products for commercial sale, marking a milestone in food manufacturing technology.
✅ In October 2025, Amazon Fresh introduced fully automated cashier-less stores across 50 new locations, leveraging computer vision and sensor fusion technology.

Japan: Recent Industry Developments

✅ In October 2025, Sony Corporation entered the vertical farming sector, launching AI-controlled indoor farms with 90% reduced water usage.
✅ In October 2025, the Japanese Ministry of Agriculture invested ¥80 billion in cellular agriculture research for sustainable seafood production.
✅ In October 2025, Nissin Foods Holdings developed personalised nutrition platforms using gut microbiome analysis for customised instant noodle formulations.

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Market Trends & Drivers

The Food Tech Market is experiencing exponential growth driven by increasing digitalization of food services, rising consumer demand for sustainable and personalized nutrition, and technological advancements across the food value chain. Key trends include the adoption of AI and IoT in food production, expansion of alternative protein sources, and blockchain integration for supply chain transparency. The growing focus on food security, changing consumer preferences, and post-pandemic digital acceleration are significantly driving market innovation.

Competitive Landscape

The market features intense competition among technology platforms, food manufacturers, and innovative startups.

Instacart leads in grocery technology with AI-driven shopping platforms and last-mile delivery solutions.
DoorDash, Inc. dominates food delivery services with expanding ghost kitchen networks and logistics optimization.
Impossible Foods Inc. pioneers plant-based protein technology with advanced food science and manufacturing innovation.
Apeel Sciences develops edible coating technology extending fresh produce shelf life and reducing food waste.
Zume, Inc. specializes in sustainable packaging and automated food delivery solutions.
Sweetgreen leads in digital restaurant technology with automated salad preparation and mobile ordering systems.
NotCo utilizes AI algorithms for plant-based food product development and formulation optimization.
Infarm operates modular vertical farming systems for urban fresh produce cultivation.
Perfect Day, Inc. produces animal-free dairy proteins through precision fermentation technology.
Bowery Farming implements AI-controlled indoor vertical farms with real-time monitoring and optimization.

Segmentation

By Technology [Supply Chain Management, Food Safety, Meal Delivery Services, Food Processing, Nutrition Tracking, Others]
By Food Type [Plant-Based, Lab-Grown, Conventional, Functional Foods, Health Supplements, Others]
By End-User [Restaurants, Food Retailers, Catering Services, Others]
By Application [Meal Planning and Recommendations, Nutrient Analysis, Personalized Supplementation, Allergen and Sensitivity Detection, Health Monitoring, Others]

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (Germany, U.K., France, Italy, Spain, Netherlands, Rest of Europe)
⇥ Asia-Pacific (Japan, China, India, South Korea, Australia, Rest of Asia Pacific)
⇥ South America (Brazil, Argentina, Chile, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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