Global Food Scanning Technology Supply, Demand and Key Producers, 2024-2030

Global Food Scanning Technology Supply, Demand and Key Producers, 2024-2030

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Published Date: 29 Feb 2024

Category: Food & Beverages

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Food Scanning Technology market size is expected to reach $ 2188.9 million by 2030, rising at a market growth of 7.0% CAGR during the forecast period (2024-2030).

The food market includes both fresh and processed foods. According to our research, the global food and beverage market has a sales revenue of approximately US$10 trillion. China is the world's number one food and beverage market and the world's number one food and beverage producer. In the market drivers section, the total consumer spending forecast shows that consumption at home is growing faster than consumption away from home. However, food service continues to become increasingly important due to changing lifestyles. In addition, the rise of private label brands is putting pressure on the margins of brand manufacturers as retailers compete for a higher share of product sales.

This innovative device uses the NIR spectral sensing module, which works on advanced algorithms, has cloud-connectivity, and can store a vast material library in order to provide information and data regarding the protein, fat, sugar, and total energy content of the food product with the high level of accuracy. These devices use infrared spectroscopic methods in order to detect the materialmaking it a highly compact device that renders high quality food content measurement. Due to its high portability, the device has entered into both the industrial and consumer sector. Food scanners are simply utilized to gather data about allergens, synthetic compounds, supplements, calories, and different fixings present in food. Food scanners are helpful devices which gives guarantee if the food is clean. Further, food scanners help to keep up your nutrients admission and assist you with trying not to eat undesirable fixings. These food scanners are utilized to forestall foodborne infections.

This report studies the global Food Scanning Technology demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Food Scanning Technology, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Food Scanning Technology that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Food Scanning Technology total market, 2019-2030, (USD Million)
Global Food Scanning Technology total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Food Scanning Technology total market, key domestic companies and share, (USD Million)
Global Food Scanning Technology revenue by player and market share 2019-2024, (USD Million)
Global Food Scanning Technology total market by Type, CAGR, 2019-2030, (USD Million)
Global Food Scanning Technology total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Food Scanning Technology market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tellspec, Spectral Engines, Yuka, FoodSmart, Bosch, DietSensor, Nima Labs and Inspect OC, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Food Scanning Technology market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Food Scanning Technology Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Food Scanning Technology Market, Segmentation by Type
Software
Scanning Device

Global Food Scanning Technology Market, Segmentation by Application
Hotels and Restaurants
Food Testing Laboratories
Others

Companies Profiled:
Tellspec
Spectral Engines
Yuka
FoodSmart
Bosch
DietSensor
Nima Labs
Inspect OC

Key Questions Answered
1. How big is the global Food Scanning Technology market?
2. What is the demand of the global Food Scanning Technology market?
3. What is the year over year growth of the global Food Scanning Technology market?
4. What is the total value of the global Food Scanning Technology market?
5. Who are the major players in the global Food Scanning Technology market?
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Table of Contents

1 Supply Summary
1.1 Food Scanning Technology Introduction
1.2 World Food Scanning Technology Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Food Scanning Technology Total Market by Region (by Headquarter Location)
1.3.1 World Food Scanning Technology Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Food Scanning Technology Market Size (2019-2030)
1.3.3 China Food Scanning Technology Market Size (2019-2030)
1.3.4 Europe Food Scanning Technology Market Size (2019-2030)
1.3.5 Japan Food Scanning Technology Market Size (2019-2030)
1.3.6 South Korea Food Scanning Technology Market Size (2019-2030)
1.3.7 ASEAN Food Scanning Technology Market Size (2019-2030)
1.3.8 India Food Scanning Technology Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Food Scanning Technology Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Food Scanning Technology Major Market Trends

2 Demand Summary
2.1 World Food Scanning Technology Consumption Value (2019-2030)
2.2 World Food Scanning Technology Consumption Value by Region
2.2.1 World Food Scanning Technology Consumption Value by Region (2019-2024)
2.2.2 World Food Scanning Technology Consumption Value Forecast by Region (2025-2030)
2.3 United States Food Scanning Technology Consumption Value (2019-2030)
2.4 China Food Scanning Technology Consumption Value (2019-2030)
2.5 Europe Food Scanning Technology Consumption Value (2019-2030)
2.6 Japan Food Scanning Technology Consumption Value (2019-2030)
2.7 South Korea Food Scanning Technology Consumption Value (2019-2030)
2.8 ASEAN Food Scanning Technology Consumption Value (2019-2030)
2.9 India Food Scanning Technology Consumption Value (2019-2030)

3 World Food Scanning Technology Companies Competitive Analysis
3.1 World Food Scanning Technology Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Food Scanning Technology Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Food Scanning Technology in 2023
3.2.3 Global Concentration Ratios (CR8) for Food Scanning Technology in 2023
3.3 Food Scanning Technology Company Evaluation Quadrant
3.4 Food Scanning Technology Market: Overall Company Footprint Analysis
3.4.1 Food Scanning Technology Market: Region Footprint
3.4.2 Food Scanning Technology Market: Company Product Type Footprint
3.4.3 Food Scanning Technology Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: Food Scanning Technology Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Food Scanning Technology Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Food Scanning Technology Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Food Scanning Technology Consumption Value Comparison
4.2.1 United States VS China: Food Scanning Technology Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Food Scanning Technology Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Food Scanning Technology Companies and Market Share, 2019-2024
4.3.1 United States Based Food Scanning Technology Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Food Scanning Technology Revenue, (2019-2024)
4.4 China Based Companies Food Scanning Technology Revenue and Market Share, 2019-2024
4.4.1 China Based Food Scanning Technology Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Food Scanning Technology Revenue, (2019-2024)
4.5 Rest of World Based Food Scanning Technology Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Food Scanning Technology Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Food Scanning Technology Revenue, (2019-2024)

5 Market Analysis by Type
5.1 World Food Scanning Technology Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Software
5.2.2 Scanning Device
5.3 Market Segment by Type
5.3.1 World Food Scanning Technology Market Size by Type (2019-2024)
5.3.2 World Food Scanning Technology Market Size by Type (2025-2030)
5.3.3 World Food Scanning Technology Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
6.1 World Food Scanning Technology Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Hotels and Restaurants
6.2.2 Food Testing Laboratories
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Food Scanning Technology Market Size by Application (2019-2024)
6.3.2 World Food Scanning Technology Market Size by Application (2025-2030)
6.3.3 World Food Scanning Technology Market Size by Application (2019-2030)

7 Company Profiles
7.1 Tellspec
7.1.1 Tellspec Details
7.1.2 Tellspec Major Business
7.1.3 Tellspec Food Scanning Technology Product and Services
7.1.4 Tellspec Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Tellspec Recent Developments/Updates
7.1.6 Tellspec Competitive Strengths & Weaknesses
7.2 Spectral Engines
7.2.1 Spectral Engines Details
7.2.2 Spectral Engines Major Business
7.2.3 Spectral Engines Food Scanning Technology Product and Services
7.2.4 Spectral Engines Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Spectral Engines Recent Developments/Updates
7.2.6 Spectral Engines Competitive Strengths & Weaknesses
7.3 Yuka
7.3.1 Yuka Details
7.3.2 Yuka Major Business
7.3.3 Yuka Food Scanning Technology Product and Services
7.3.4 Yuka Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Yuka Recent Developments/Updates
7.3.6 Yuka Competitive Strengths & Weaknesses
7.4 FoodSmart
7.4.1 FoodSmart Details
7.4.2 FoodSmart Major Business
7.4.3 FoodSmart Food Scanning Technology Product and Services
7.4.4 FoodSmart Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 FoodSmart Recent Developments/Updates
7.4.6 FoodSmart Competitive Strengths & Weaknesses
7.5 Bosch
7.5.1 Bosch Details
7.5.2 Bosch Major Business
7.5.3 Bosch Food Scanning Technology Product and Services
7.5.4 Bosch Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Bosch Recent Developments/Updates
7.5.6 Bosch Competitive Strengths & Weaknesses
7.6 DietSensor
7.6.1 DietSensor Details
7.6.2 DietSensor Major Business
7.6.3 DietSensor Food Scanning Technology Product and Services
7.6.4 DietSensor Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 DietSensor Recent Developments/Updates
7.6.6 DietSensor Competitive Strengths & Weaknesses
7.7 Nima Labs
7.7.1 Nima Labs Details
7.7.2 Nima Labs Major Business
7.7.3 Nima Labs Food Scanning Technology Product and Services
7.7.4 Nima Labs Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Nima Labs Recent Developments/Updates
7.7.6 Nima Labs Competitive Strengths & Weaknesses
7.8 Inspect OC
7.8.1 Inspect OC Details
7.8.2 Inspect OC Major Business
7.8.3 Inspect OC Food Scanning Technology Product and Services
7.8.4 Inspect OC Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Inspect OC Recent Developments/Updates
7.8.6 Inspect OC Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Food Scanning Technology Industry Chain
8.2 Food Scanning Technology Upstream Analysis
8.3 Food Scanning Technology Midstream Analysis
8.4 Food Scanning Technology Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Food Scanning Technology Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Food Scanning Technology Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Food Scanning Technology Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Food Scanning Technology Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Food Scanning Technology Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Food Scanning Technology Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Food Scanning Technology Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Food Scanning Technology Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Food Scanning Technology Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Food Scanning Technology Players in 2023
Table 12. World Food Scanning Technology Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Food Scanning Technology Company Evaluation Quadrant
Table 14. Head Office of Key Food Scanning Technology Player
Table 15. Food Scanning Technology Market: Company Product Type Footprint
Table 16. Food Scanning Technology Market: Company Product Application Footprint
Table 17. Food Scanning Technology Mergers & Acquisitions Activity
Table 18. United States VS China Food Scanning Technology Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Food Scanning Technology Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Food Scanning Technology Companies, Headquarters (States, Country)
Table 21. United States Based Companies Food Scanning Technology Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Food Scanning Technology Revenue Market Share (2019-2024)
Table 23. China Based Food Scanning Technology Companies, Headquarters (Province, Country)
Table 24. China Based Companies Food Scanning Technology Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Food Scanning Technology Revenue Market Share (2019-2024)
Table 26. Rest of World Based Food Scanning Technology Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Food Scanning Technology Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Food Scanning Technology Revenue Market Share (2019-2024)
Table 29. World Food Scanning Technology Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Food Scanning Technology Market Size by Type (2019-2024) & (USD Million)
Table 31. World Food Scanning Technology Market Size by Type (2025-2030) & (USD Million)
Table 32. World Food Scanning Technology Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Food Scanning Technology Market Size by Application (2019-2024) & (USD Million)
Table 34. World Food Scanning Technology Market Size by Application (2025-2030) & (USD Million)
Table 35. Tellspec Basic Information, Area Served and Competitors
Table 36. Tellspec Major Business
Table 37. Tellspec Food Scanning Technology Product and Services
Table 38. Tellspec Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Tellspec Recent Developments/Updates
Table 40. Tellspec Competitive Strengths & Weaknesses
Table 41. Spectral Engines Basic Information, Area Served and Competitors
Table 42. Spectral Engines Major Business
Table 43. Spectral Engines Food Scanning Technology Product and Services
Table 44. Spectral Engines Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Spectral Engines Recent Developments/Updates
Table 46. Spectral Engines Competitive Strengths & Weaknesses
Table 47. Yuka Basic Information, Area Served and Competitors
Table 48. Yuka Major Business
Table 49. Yuka Food Scanning Technology Product and Services
Table 50. Yuka Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Yuka Recent Developments/Updates
Table 52. Yuka Competitive Strengths & Weaknesses
Table 53. FoodSmart Basic Information, Area Served and Competitors
Table 54. FoodSmart Major Business
Table 55. FoodSmart Food Scanning Technology Product and Services
Table 56. FoodSmart Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. FoodSmart Recent Developments/Updates
Table 58. FoodSmart Competitive Strengths & Weaknesses
Table 59. Bosch Basic Information, Area Served and Competitors
Table 60. Bosch Major Business
Table 61. Bosch Food Scanning Technology Product and Services
Table 62. Bosch Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Bosch Recent Developments/Updates
Table 64. Bosch Competitive Strengths & Weaknesses
Table 65. DietSensor Basic Information, Area Served and Competitors
Table 66. DietSensor Major Business
Table 67. DietSensor Food Scanning Technology Product and Services
Table 68. DietSensor Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. DietSensor Recent Developments/Updates
Table 70. DietSensor Competitive Strengths & Weaknesses
Table 71. Nima Labs Basic Information, Area Served and Competitors
Table 72. Nima Labs Major Business
Table 73. Nima Labs Food Scanning Technology Product and Services
Table 74. Nima Labs Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Nima Labs Recent Developments/Updates
Table 76. Inspect OC Basic Information, Area Served and Competitors
Table 77. Inspect OC Major Business
Table 78. Inspect OC Food Scanning Technology Product and Services
Table 79. Inspect OC Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 80. Global Key Players of Food Scanning Technology Upstream (Raw Materials)
Table 81. Food Scanning Technology Typical Customers
List of Figure
Figure 1. Food Scanning Technology Picture
Figure 2. World Food Scanning Technology Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Food Scanning Technology Total Market Size (2019-2030) & (USD Million)
Figure 4. World Food Scanning Technology Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Food Scanning Technology Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 13. Food Scanning Technology Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 16. World Food Scanning Technology Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 18. China Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 23. India Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Food Scanning Technology by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Food Scanning Technology Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Food Scanning Technology Markets in 2023
Figure 27. United States VS China: Food Scanning Technology Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Food Scanning Technology Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Food Scanning Technology Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Food Scanning Technology Market Size Market Share by Type in 2023
Figure 31. Software
Figure 32. Scanning Device
Figure 33. World Food Scanning Technology Market Size Market Share by Type (2019-2030)
Figure 34. World Food Scanning Technology Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Food Scanning Technology Market Size Market Share by Application in 2023
Figure 36. Hotels and Restaurants
Figure 37. Food Testing Laboratories
Figure 38. Others
Figure 39. Food Scanning Technology Industrial Chain
Figure 40. Methodology
Figure 41. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

yuan2

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

yuan2

Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Tellspec
Spectral Engines
Yuka
FoodSmart
Bosch
DietSensor
Nima Labs
Inspect OC
btl

Related Reports

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date 10 Jan 2023

date Food & Beverages

This innovative device uses the NIR spectral sensing module, which works on advanced algorithms, has cloud-connectivity, and can store a vast material library in order to provide information and data regarding the protein, fat, sugar, and total energy content of the food product with the high level of accuracy. These devices use infrared spectroscopic methods in order to detect the materialmaking it a highly compact device that renders high quality food content measurement. Due to its high portability, the device has entered into both the industrial and consumer sector. Food scanners are simply utilized to gather data about allergens, synthetic compounds, supplements, calories, and different fixings present in food. Food scanners are helpful devices which gives guarantee if the food is clean. Further, food scanners help to keep up your nutrients admission and assist you with trying not to eat undesirable fixings. These food scanners are utilized to forestall foodborne infections.

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Global Food Scanning Technology Supply, Demand and Key Producers, 2024-2030

Global Food Scanning Technology Supply, Demand and Key Producers, 2024-2030

Page: 96

Published Date: 29 Feb 2024

Category: Food & Beverages

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Description

The global Food Scanning Technology market size is expected to reach $ 2188.9 million by 2030, rising at a market growth of 7.0% CAGR during the forecast period (2024-2030).

The food market includes both fresh and processed foods. According to our research, the global food and beverage market has a sales revenue of approximately US$10 trillion. China is the world's number one food and beverage market and the world's number one food and beverage producer. In the market drivers section, the total consumer spending forecast shows that consumption at home is growing faster than consumption away from home. However, food service continues to become increasingly important due to changing lifestyles. In addition, the rise of private label brands is putting pressure on the margins of brand manufacturers as retailers compete for a higher share of product sales.

This innovative device uses the NIR spectral sensing module, which works on advanced algorithms, has cloud-connectivity, and can store a vast material library in order to provide information and data regarding the protein, fat, sugar, and total energy content of the food product with the high level of accuracy. These devices use infrared spectroscopic methods in order to detect the materialmaking it a highly compact device that renders high quality food content measurement. Due to its high portability, the device has entered into both the industrial and consumer sector. Food scanners are simply utilized to gather data about allergens, synthetic compounds, supplements, calories, and different fixings present in food. Food scanners are helpful devices which gives guarantee if the food is clean. Further, food scanners help to keep up your nutrients admission and assist you with trying not to eat undesirable fixings. These food scanners are utilized to forestall foodborne infections.

This report studies the global Food Scanning Technology demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Food Scanning Technology, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Food Scanning Technology that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Food Scanning Technology total market, 2019-2030, (USD Million)
Global Food Scanning Technology total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Food Scanning Technology total market, key domestic companies and share, (USD Million)
Global Food Scanning Technology revenue by player and market share 2019-2024, (USD Million)
Global Food Scanning Technology total market by Type, CAGR, 2019-2030, (USD Million)
Global Food Scanning Technology total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Food Scanning Technology market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tellspec, Spectral Engines, Yuka, FoodSmart, Bosch, DietSensor, Nima Labs and Inspect OC, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Food Scanning Technology market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Food Scanning Technology Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Food Scanning Technology Market, Segmentation by Type
Software
Scanning Device

Global Food Scanning Technology Market, Segmentation by Application
Hotels and Restaurants
Food Testing Laboratories
Others

Companies Profiled:
Tellspec
Spectral Engines
Yuka
FoodSmart
Bosch
DietSensor
Nima Labs
Inspect OC

Key Questions Answered
1. How big is the global Food Scanning Technology market?
2. What is the demand of the global Food Scanning Technology market?
3. What is the year over year growth of the global Food Scanning Technology market?
4. What is the total value of the global Food Scanning Technology market?
5. Who are the major players in the global Food Scanning Technology market?
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Table of Contents

1 Supply Summary
1.1 Food Scanning Technology Introduction
1.2 World Food Scanning Technology Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Food Scanning Technology Total Market by Region (by Headquarter Location)
1.3.1 World Food Scanning Technology Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Food Scanning Technology Market Size (2019-2030)
1.3.3 China Food Scanning Technology Market Size (2019-2030)
1.3.4 Europe Food Scanning Technology Market Size (2019-2030)
1.3.5 Japan Food Scanning Technology Market Size (2019-2030)
1.3.6 South Korea Food Scanning Technology Market Size (2019-2030)
1.3.7 ASEAN Food Scanning Technology Market Size (2019-2030)
1.3.8 India Food Scanning Technology Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Food Scanning Technology Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Food Scanning Technology Major Market Trends

2 Demand Summary
2.1 World Food Scanning Technology Consumption Value (2019-2030)
2.2 World Food Scanning Technology Consumption Value by Region
2.2.1 World Food Scanning Technology Consumption Value by Region (2019-2024)
2.2.2 World Food Scanning Technology Consumption Value Forecast by Region (2025-2030)
2.3 United States Food Scanning Technology Consumption Value (2019-2030)
2.4 China Food Scanning Technology Consumption Value (2019-2030)
2.5 Europe Food Scanning Technology Consumption Value (2019-2030)
2.6 Japan Food Scanning Technology Consumption Value (2019-2030)
2.7 South Korea Food Scanning Technology Consumption Value (2019-2030)
2.8 ASEAN Food Scanning Technology Consumption Value (2019-2030)
2.9 India Food Scanning Technology Consumption Value (2019-2030)

3 World Food Scanning Technology Companies Competitive Analysis
3.1 World Food Scanning Technology Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Food Scanning Technology Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Food Scanning Technology in 2023
3.2.3 Global Concentration Ratios (CR8) for Food Scanning Technology in 2023
3.3 Food Scanning Technology Company Evaluation Quadrant
3.4 Food Scanning Technology Market: Overall Company Footprint Analysis
3.4.1 Food Scanning Technology Market: Region Footprint
3.4.2 Food Scanning Technology Market: Company Product Type Footprint
3.4.3 Food Scanning Technology Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: Food Scanning Technology Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Food Scanning Technology Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Food Scanning Technology Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Food Scanning Technology Consumption Value Comparison
4.2.1 United States VS China: Food Scanning Technology Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Food Scanning Technology Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Food Scanning Technology Companies and Market Share, 2019-2024
4.3.1 United States Based Food Scanning Technology Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Food Scanning Technology Revenue, (2019-2024)
4.4 China Based Companies Food Scanning Technology Revenue and Market Share, 2019-2024
4.4.1 China Based Food Scanning Technology Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Food Scanning Technology Revenue, (2019-2024)
4.5 Rest of World Based Food Scanning Technology Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Food Scanning Technology Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Food Scanning Technology Revenue, (2019-2024)

5 Market Analysis by Type
5.1 World Food Scanning Technology Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Software
5.2.2 Scanning Device
5.3 Market Segment by Type
5.3.1 World Food Scanning Technology Market Size by Type (2019-2024)
5.3.2 World Food Scanning Technology Market Size by Type (2025-2030)
5.3.3 World Food Scanning Technology Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
6.1 World Food Scanning Technology Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Hotels and Restaurants
6.2.2 Food Testing Laboratories
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Food Scanning Technology Market Size by Application (2019-2024)
6.3.2 World Food Scanning Technology Market Size by Application (2025-2030)
6.3.3 World Food Scanning Technology Market Size by Application (2019-2030)

7 Company Profiles
7.1 Tellspec
7.1.1 Tellspec Details
7.1.2 Tellspec Major Business
7.1.3 Tellspec Food Scanning Technology Product and Services
7.1.4 Tellspec Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Tellspec Recent Developments/Updates
7.1.6 Tellspec Competitive Strengths & Weaknesses
7.2 Spectral Engines
7.2.1 Spectral Engines Details
7.2.2 Spectral Engines Major Business
7.2.3 Spectral Engines Food Scanning Technology Product and Services
7.2.4 Spectral Engines Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Spectral Engines Recent Developments/Updates
7.2.6 Spectral Engines Competitive Strengths & Weaknesses
7.3 Yuka
7.3.1 Yuka Details
7.3.2 Yuka Major Business
7.3.3 Yuka Food Scanning Technology Product and Services
7.3.4 Yuka Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Yuka Recent Developments/Updates
7.3.6 Yuka Competitive Strengths & Weaknesses
7.4 FoodSmart
7.4.1 FoodSmart Details
7.4.2 FoodSmart Major Business
7.4.3 FoodSmart Food Scanning Technology Product and Services
7.4.4 FoodSmart Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 FoodSmart Recent Developments/Updates
7.4.6 FoodSmart Competitive Strengths & Weaknesses
7.5 Bosch
7.5.1 Bosch Details
7.5.2 Bosch Major Business
7.5.3 Bosch Food Scanning Technology Product and Services
7.5.4 Bosch Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Bosch Recent Developments/Updates
7.5.6 Bosch Competitive Strengths & Weaknesses
7.6 DietSensor
7.6.1 DietSensor Details
7.6.2 DietSensor Major Business
7.6.3 DietSensor Food Scanning Technology Product and Services
7.6.4 DietSensor Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 DietSensor Recent Developments/Updates
7.6.6 DietSensor Competitive Strengths & Weaknesses
7.7 Nima Labs
7.7.1 Nima Labs Details
7.7.2 Nima Labs Major Business
7.7.3 Nima Labs Food Scanning Technology Product and Services
7.7.4 Nima Labs Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Nima Labs Recent Developments/Updates
7.7.6 Nima Labs Competitive Strengths & Weaknesses
7.8 Inspect OC
7.8.1 Inspect OC Details
7.8.2 Inspect OC Major Business
7.8.3 Inspect OC Food Scanning Technology Product and Services
7.8.4 Inspect OC Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Inspect OC Recent Developments/Updates
7.8.6 Inspect OC Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Food Scanning Technology Industry Chain
8.2 Food Scanning Technology Upstream Analysis
8.3 Food Scanning Technology Midstream Analysis
8.4 Food Scanning Technology Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Food Scanning Technology Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Food Scanning Technology Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Food Scanning Technology Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Food Scanning Technology Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Food Scanning Technology Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Food Scanning Technology Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Food Scanning Technology Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Food Scanning Technology Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Food Scanning Technology Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Food Scanning Technology Players in 2023
Table 12. World Food Scanning Technology Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Food Scanning Technology Company Evaluation Quadrant
Table 14. Head Office of Key Food Scanning Technology Player
Table 15. Food Scanning Technology Market: Company Product Type Footprint
Table 16. Food Scanning Technology Market: Company Product Application Footprint
Table 17. Food Scanning Technology Mergers & Acquisitions Activity
Table 18. United States VS China Food Scanning Technology Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Food Scanning Technology Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Food Scanning Technology Companies, Headquarters (States, Country)
Table 21. United States Based Companies Food Scanning Technology Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Food Scanning Technology Revenue Market Share (2019-2024)
Table 23. China Based Food Scanning Technology Companies, Headquarters (Province, Country)
Table 24. China Based Companies Food Scanning Technology Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Food Scanning Technology Revenue Market Share (2019-2024)
Table 26. Rest of World Based Food Scanning Technology Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Food Scanning Technology Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Food Scanning Technology Revenue Market Share (2019-2024)
Table 29. World Food Scanning Technology Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Food Scanning Technology Market Size by Type (2019-2024) & (USD Million)
Table 31. World Food Scanning Technology Market Size by Type (2025-2030) & (USD Million)
Table 32. World Food Scanning Technology Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Food Scanning Technology Market Size by Application (2019-2024) & (USD Million)
Table 34. World Food Scanning Technology Market Size by Application (2025-2030) & (USD Million)
Table 35. Tellspec Basic Information, Area Served and Competitors
Table 36. Tellspec Major Business
Table 37. Tellspec Food Scanning Technology Product and Services
Table 38. Tellspec Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Tellspec Recent Developments/Updates
Table 40. Tellspec Competitive Strengths & Weaknesses
Table 41. Spectral Engines Basic Information, Area Served and Competitors
Table 42. Spectral Engines Major Business
Table 43. Spectral Engines Food Scanning Technology Product and Services
Table 44. Spectral Engines Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Spectral Engines Recent Developments/Updates
Table 46. Spectral Engines Competitive Strengths & Weaknesses
Table 47. Yuka Basic Information, Area Served and Competitors
Table 48. Yuka Major Business
Table 49. Yuka Food Scanning Technology Product and Services
Table 50. Yuka Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Yuka Recent Developments/Updates
Table 52. Yuka Competitive Strengths & Weaknesses
Table 53. FoodSmart Basic Information, Area Served and Competitors
Table 54. FoodSmart Major Business
Table 55. FoodSmart Food Scanning Technology Product and Services
Table 56. FoodSmart Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. FoodSmart Recent Developments/Updates
Table 58. FoodSmart Competitive Strengths & Weaknesses
Table 59. Bosch Basic Information, Area Served and Competitors
Table 60. Bosch Major Business
Table 61. Bosch Food Scanning Technology Product and Services
Table 62. Bosch Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Bosch Recent Developments/Updates
Table 64. Bosch Competitive Strengths & Weaknesses
Table 65. DietSensor Basic Information, Area Served and Competitors
Table 66. DietSensor Major Business
Table 67. DietSensor Food Scanning Technology Product and Services
Table 68. DietSensor Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. DietSensor Recent Developments/Updates
Table 70. DietSensor Competitive Strengths & Weaknesses
Table 71. Nima Labs Basic Information, Area Served and Competitors
Table 72. Nima Labs Major Business
Table 73. Nima Labs Food Scanning Technology Product and Services
Table 74. Nima Labs Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Nima Labs Recent Developments/Updates
Table 76. Inspect OC Basic Information, Area Served and Competitors
Table 77. Inspect OC Major Business
Table 78. Inspect OC Food Scanning Technology Product and Services
Table 79. Inspect OC Food Scanning Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 80. Global Key Players of Food Scanning Technology Upstream (Raw Materials)
Table 81. Food Scanning Technology Typical Customers
List of Figure
Figure 1. Food Scanning Technology Picture
Figure 2. World Food Scanning Technology Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Food Scanning Technology Total Market Size (2019-2030) & (USD Million)
Figure 4. World Food Scanning Technology Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Food Scanning Technology Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Food Scanning Technology Revenue (2019-2030) & (USD Million)
Figure 13. Food Scanning Technology Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 16. World Food Scanning Technology Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 18. China Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 23. India Food Scanning Technology Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Food Scanning Technology by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Food Scanning Technology Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Food Scanning Technology Markets in 2023
Figure 27. United States VS China: Food Scanning Technology Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Food Scanning Technology Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Food Scanning Technology Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Food Scanning Technology Market Size Market Share by Type in 2023
Figure 31. Software
Figure 32. Scanning Device
Figure 33. World Food Scanning Technology Market Size Market Share by Type (2019-2030)
Figure 34. World Food Scanning Technology Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Food Scanning Technology Market Size Market Share by Application in 2023
Figure 36. Hotels and Restaurants
Figure 37. Food Testing Laboratories
Figure 38. Others
Figure 39. Food Scanning Technology Industrial Chain
Figure 40. Methodology
Figure 41. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Tellspec
Spectral Engines
Yuka
FoodSmart
Bosch
DietSensor
Nima Labs
Inspect OC
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