By Lucidity Insights Research Team • September 13, 2023
Israel and UAE dominate MENA Foodtech, securing 80% of startup funding
Since 2010, a total of 138 innovative foodtech startups in MENA have individually secured $1 million or more in funding. Explore the distribution of foodtech scaleup funding across MENA and the GCC to discover which countries are leading in this video.
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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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