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By Lucidity Insights Research Team • September 09, 2023
Discover the thriving foodtechs reshaping the MENA region in our video. From the convenience of food delivery to the cutting-edge innovation of Cell Cultivation, these sub-sectors are capturing the attention of both global and regional investors, signaling a culinary revolution in the making.
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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Since 2010, a total of 138 innovative foodtech startups in MENA have individually secured $1 million or more in funding. Discover which countries are leading in this video.
Foodtech scaleups in MENA raised over $4.2 billion since 2010, with 70% in the last 2.5 years. Explore more in our video on Total Scaleup Funding in the Middle East and North Africa.
How many foodtech startups in the Middle East and North Africa region that have received significant amount of equity fundings since 2010? Find out in this video.
How many foodtech startups and unicorns are there in the world today? Discover the growth of global foodtech companies that have reached over a $1 billion valuation over time in this video.
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