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A Brief History of Innovations in Food
The intriguing journey of Foodtech spans far beyond its modern moniker, delving into the annals of history where food and technology have continually intersected. The evolution of food processing techniques can be traced back through the ages, beginning with primitive tools and ancient methods of preservation.
As early as the late 18th century, notable advancements emerged in response to pressing challenges. Louis Pasteur's groundbreaking discoveries in 1864 unveiled the role of microbial contamination in food spoilage. This revelation led to the development of sterilization techniques, ensuring the safety and longevity of food products.
The turning point arrived with the advent of the industrial revolution, which ushered in a new era for the food processing industry.
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The Growing Business of Foodtech
There are over 124 foodtech unicorns around the world worth over US $1.3 trillion. The Foodtech market itself surpassed US $260 billion last year alone. Alt-Proteins, 3D Printing Food, and AI integrated Restaurant SaaS: The future of food has arrived. In addition to looking at foodtech globally, in this special report we also look at the future of food technology scene in the MENA region, our special report delves deeper into the dynamics of Foodtech in MENA.
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