The global foodservice industry experienced a 33% decline in the number of ecommerce-related patent applications in Q3 2023 compared with the previous quarter. The total number of ecommerce-related grants dropped by 11% in Q3 2023, according to GlobalData’s Patent Analytics. GlobalData’s databook Foodservice: Patents Trends Q3 2023 offers comprehensive insights into patenting trends, major players’ strategies, and geographical focus in the sector over the last three years. Buy the databook here.

Smarter leaders trust GlobalData

Report-cover

Data Insights Foodservice: Patents Trends Q3 2023

Buy the Databook

Data Insights

The gold standard of business intelligence.

Find out more

Notably, the number of ecommerce-related patent applications in the foodservice industry was 46 in Q3 2023, versus 69 in the prior quarter.

The top five companies accounted for 22% of patenting activity

Analysis of patenting activity by companies shows that Panasonic filed the most ecommerce patents within the foodservice industry in Q3 2023. The company filed 5 ecommerce-related patents in the quarter, compared with 4 in the previous quarter. It was followed by Sony Group with 2 ecommerce patent filings, Avery Dennison (1 filing), and Alphabet (1 filing) in Q3 2023.

Patenting activity was driven by the US with a 63% share of total patent filings

The largest share of ecommerce related patent filings in the foodservice industry in Q3 2023 was in the US with 63%, followed by South Korea (13%) and China (4%). The share represented by the US was 9% higher than the 54% share it accounted for in Q2 2023.

For further understanding of GlobalData's Foodservice: Patents Trends Q3 2023, buy the databook here.

This content was updated on 16 October 2023

Data Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.