North America Market Forecasts
The smart food scale market for North America region is estimated to hold the highest CAGR of 35% by the end of 2036. Several of the major participants in this market are based in the region. The smart home industry in North America is being driven by elements like the rising demand for dependable diet management, enhanced device standards, and the expanding acceptance of integrating smart devices - such smartphones, tablets, and other connected devices - in homes. North America has more smart homes than any other region in the globe, with the US leading the way. It is projected that the growing number of smart homes in the region will aid in the expansion of the market in North America.
APAC Market Statistics
The smart food scale market in the Asia Pacific region is anticipated to grow significantly by the end of forecast period. In South Asia, ending the intergenerational cycle of malnutrition depends heavily on women's nutrition. A third of the world's undernourished children live in this region, according to the UNICEF report Undernourished and Overlooked. Similarly, one in two South Asian women are anemic, and one in five are underweight. The region with the highest rates of undernutrition among mothers also had the highest rates of undernutrition among children, according to UNICEF's research. All of South Asia's national governments have worked together in recent years to combat undernutrition in women and children. Smart food scales that are integrated into homes can help combat malnutrition by encouraging portion control and raising awareness of nutrition. The market for smart food scale is estimated to witness growth in the Asia Pacific region owing to above mentioned factor.
Author Credits: Abhishek Verma
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