Robots in the fields, food waste transformed into resources, and insects on our plates – the foodtech revolution is here. But with investments in the sector dropping dramatically, what does the future hold? Greenfood Insights delves into the state of foodtech, uncovering the trends, challenges, and innovations shaping tomorrow's food systems.
Recent analyses show that investments in foodtech have fallen up to 80% in the past few years. Yet despite this decline, industry leaders remain optimistic. Innovations like robotics in agriculture and circular systems that transform food waste into resources are set to address critical global challenges. Biotech is also emerging as a key area, offering groundbreaking solutions to issues like sustainability and food security.
Greenfood Insights #3 takes the pulse of the industry, highlighting successes, innovations, and the challenges that shape the way forward. It also spotlights success stories and challenges from around the world, providing a comprehensive view of the shifts reshaping how we grow, process, and consume food.
"The magic of foodtech is that it’s not just about innovation for the sake of it; it’s about solving real problems like food security, sustainability, and human health."
With contributions from global experts, such as Christopher Slim, CEO and co-founder of Nicoya, and Analisa Winther, host of the Future Food podcast, the report emphasize foodtech’s role in creating a sustainable future, that will shape the industry’s development.
"The magic of foodtech is that it’s not just about innovation for the sake of it; it’s about solving real problems like food security, sustainability, and human health. It´s a movement that touches every person on the planet", says Analisa Winter in the report.
Presented by Greenfood, one of Europe’s leading companies in the healthy food sector, Greenfood Insights #3 is an essential read for anyone looking to understand where foodtech is headed and how it will transform our food systems and our tables.
🍎 Bye, bye foodwaste!
One third of all food produced in the world is wasted globally. One billion meals a day are not eaten. The market for upcycled food products, which use ingredients that would otherwise be wa- sted, is growing fast, with estimates pre- dicting it will be worth $53 billion by 2027.
🧬 From lab-grown to insects
It is estimated that by 2030, around 20% of the meals consumed globally could be made with alternative proteins. 3D printing, fermentation, and molecular biology are driving sustainable solutions.
👻 100 000 ghost kitchens
Analysts believe that there could be more than 100 000 ghost kitchens globally by 2030. Driven by automation and delivery apps, this is reshaping the restaurant industry.