Global Smart Food Market 2017-2022: Market is Expected to Grow at a CAGR of 8.32% to Reach $525.25 Billion – Growing Research and Development in Food Preservatives – Research and Markets
DUBLIN, May 19, 2017 /PRNewswire/ —
Research and Markets has announced the addition of the “Global Smart Food Market, Analysis & Forecast – 2017 to 2022 (Focus on Food Type, End Products & Region)” report to their offering.
In spite of the intense competition, the report has estimated that the industry will grow over $525.25 billion by 2022 at a single digit CAGR through 2015-2022, with Asia-Pacific leading the market due to the increasing disposable income among consumers, especially in countries such as India and China.
Increasing consumer awareness about the rising health issues, growing emphasis on fitness, higher personal income and rapid urbanization of emerging economies are the major factors that have led the customers to become more conscious of their health and well being moreover, regular exercising and maintaining a healthy diet has become a priority for consumers which have voluntarily adopted healthy eating habits by consuming food products with high nutrition and also substituting products which are high in fat, calories and sugar with healthy alternatives.
The smart food industry is experiencing rapid growth and development coupled with the demand to protect the consumer’s health and interest which has led to the foundation of various regulatory policies and frameworks across the globe. This industry faces major differences in the key terminologies across the global market, along with significant differences in the regulatory and policy environment. Various countries have developed their own policies, regulatory framework, labelling, agendas, novel food application procedure, nutritional content, health benefits and also various ways of enforcement of these regulations.
Additionally, having identified the potential for further development in the form of agreements, collaborations, contracts, joint ventures & partnerships among others, the report has included a separate section of detailed competitive insights. The recent activities by the key players in this market have also been tracked in the form of company! profiles.
The report answers the following questions about the global smart food market:
– What are the different factors driving the market and how will the impact change through the forecast period?
Key Topics Covered:
1 Report Scope & Methodology
2 Industry Analysis!
3 Market Dynamics
4 Competitive Landscape
5 Smart Food Market by Food Type
6 Smart Food Market by End Products
7 Smart Food Market by Geography
8 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/t45j7f/global_smart_food
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