By Lucidity Insights Research Team • August 22, 2023
The Business of Foodtech
From addressing global hunger to tackling climate impact, foodtech is on a mission. As the global population heads toward 10 billion by 2050, with 1 billion going to bed hungry, foodtech startups worldwide are leveraging cutting-edge technologies to combat food wastage, climate change, and supply chain challenges. What innovative solutions are they bringing to the table?
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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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