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By Lucidity Insights Research Team • January 07, 2023
A glimpse of the foodtech ecosystem and value chain
Refers to the cross-section of Agriculture and Technology. It involves harnessing the power of technology to maximize productivity, yield, and overall efficiency. Like in all manufacturing verticals, robotics and automation is all the rage with the advent of Industry 4.0. In essence, this entails using technology, IoT, and robotics to create more efficient food processing. Next generation food products that are more likely to have been created in a laboratory than out in nature. This includes plant-based meat products, insect-based proteins, mushroom-based foods, etc. Functional foods, drinks, nootropics, nutraceutals, and meal replacements fall into this category as well.
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Primed for Growth: Cloud Kitchens in the GCC
A look at the region’s role in a global industry that’s expected to be worth US$71.4 billion by 2027.
Other Videos
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Foodtech Startups Raise Record Amounts in 2021
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What are the most populous cities across the GCC
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What are the UAE’s Online Food Delivery Market Trends?
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How do GCC Countries compare for Online Food Delivery Market Size and future forecasts?
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Out of the 64 foodtech unicorns in the world (up to June 2021), nearly half or 31 unicorns were food delivery companies. Dubai-based cloud-kitchen start-up,
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Discover which GCC countries are major battlegrounds for food delivery and cloud kitchen players, and learn why some countries have lower adoption rates.
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Learn why Saudi Arabia is the most appealing market for consumer-tech start-ups in the GCC, followed by the United Arab Emirates.
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Kuwait has the highest average revenue per online food delivery user in the region, and is home to Talabat and KLC – who are regional heavy-weights.
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Saudi is the most populous country with the largest online food delivery market in the GCC comprises 45% of the market and forecasts the largest growth in 2025.
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Cloud Kitchens are streamlined commercial kitchens designed specifically with food delivery in mind... and it's taking the world by storm.
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