{"id":12890,"date":"2021-06-03T11:34:10","date_gmt":"2021-06-03T09:34:10","guid":{"rendered":"https:\/\/yeeply.com\/en\/?p=12890"},"modified":"2023-12-11T10:47:07","modified_gmt":"2023-12-11T08:47:07","slug":"foodtech-areas-reasons-investing","status":"publish","type":"post","link":"https:\/\/yeeply.com\/en\/blog\/digitalization\/foodtech-areas-reasons-investing\/","title":{"rendered":"What is Foodtech and why is it worth investing in it?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Although it may sound unnatural, <\/span><b>Foodtech<\/b><span style=\"font-weight: 400;\"> is the fusion of the food industry with the technology industry.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result of this combination, more than 1,700 companies have already started to use <\/span><b>robotics<\/b><span style=\"font-weight: 400;\">, <\/span><b>drones<\/b><span style=\"font-weight: 400;\">, <\/span><b>artificial intelligence<\/b><span style=\"font-weight: 400;\"> (AI), the <\/span><b>internet of things<\/b><span style=\"font-weight: 400;\"> (IoT) and <\/span><b>3D printing<\/b><span style=\"font-weight: 400;\"> as part of their work methodology.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">?\u00a0 You might be interested in: <\/span><a href=\"https:\/\/yeeply.com\/en\/blog\/digital-transformation-trends-2021\/\"><i><span style=\"font-weight: 400;\">Top 10 Digital Transformation Trends for 2021<\/span><\/i><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">There is no doubt that Foodtech is based on <\/span><b>innovation and transformation<\/b><span style=\"font-weight: 400;\"> of the food industry, but its main goal is to create more efficient systems that help to build a more sustainable future.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><div class=\"bt-proyecto\"><a href=\"https:\/\/yeeply.com\/en\/digital-transformation\/?rel=EN-BP-proyecto-transformacion#publish-project\" target=\"_blank\" rel=\"noopener noreferrer\">FIND THE BEST TEAM FOR YOUR DIGITAL TRANSFORMATION<\/a><\/div><\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Index<\/span><\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#def\"><span style=\"font-weight: 400;\">What is Foodtech<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#categories\"><span style=\"font-weight: 400;\">Foodtech categories<\/span><\/a>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><a href=\"#AgTech\"><span style=\"font-weight: 400;\">AgTech<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><a href=\"#FoodScience\"><span style=\"font-weight: 400;\">FoodScience<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><a href=\"#Foodservice\"><span style=\"font-weight: 400;\">Foodservice y Delivery<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><a href=\"#Retail\"><span style=\"font-weight: 400;\">Retail<\/span><\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><span id=\"def\" style=\"font-weight: 400;\">What is Foodtech<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">FoodTech is <\/span><b>not limited to food innovation<\/b><span style=\"font-weight: 400;\">, it applies to the entire food chain, from the production or cultivation of food, through transport, tracking, storage, sale and consumption, to our plate.<\/span><\/p>\n<blockquote><p><i><span style=\"font-weight: 400;\">FoodTech is not limited to food innovation, it applies to the whole chain, from food production or cultivation to our plate.<\/span><\/i><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">It seeks efficiency in processes and to <\/span><b>build a more sustainable system<\/b><span style=\"font-weight: 400;\">, providing solutions to various problems. For example, food production consumes 30% of the energy we generate and emits 22% of the total greenhouse gases.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">?\u00a0 Related article: <\/span><a href=\"https:\/\/yeeply.com\/en\/blog\/trends-challenges-agriculture-4-0\/\"><span style=\"font-weight: 400;\">The new trends and challenges of Agriculture 4.0<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In addition, every year we waste a third of the food we produce, sometimes before it reaches our tables. Not to mention the fact that 26% of the world&#8217;s population is overweight or obese.<\/span><\/p>\n<p><b>Diet has a direct impact on us as individuals<\/b><span style=\"font-weight: 400;\">, but it also affects the environment, through water wastage, overfishing and the degradation of marine ecosystems. All of this diminishes our capacity to supply food.<\/span><\/p>\n<figure id=\"attachment_12892\" aria-describedby=\"caption-attachment-12892\" style=\"width: 640px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-12892 size-full\" title=\"Plants grown in the laboratory\" src=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2021\/06\/plants_grown_in_lab.jpg\" alt=\"plants_grown_in_lab\" width=\"640\" height=\"427\" srcset=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2021\/06\/plants_grown_in_lab.jpg 640w, https:\/\/yeeply.com\/en\/wp-content\/uploads\/2021\/06\/plants_grown_in_lab-300x200.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><figcaption id=\"caption-attachment-12892\" class=\"wp-caption-text\">Plants grown in the laboratory. Source: <a href=\"https:\/\/unsplash.com\/@chuttersnap\">Unsplash<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Consumers are becoming increasingly aware of this and are demanding more sustainable, healthier and more environmentally and consumer-friendly alternatives.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A clear example of this trend appeared in 2019, at the CES consumer technology show. The winner of this show was Impossible Foods&#8217; creation, the Impossible <\/span><b>Burger 2.0<\/b><span style=\"font-weight: 400;\">, a burger made without meat, which aims to offer a &#8220;real&#8221; burger taste without the environmental drawbacks of intensive livestock farming.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Food science does not stop at the production of more environmentally friendly ingredients, there are other applications, such as <\/span><b>BioBean<\/b><span style=\"font-weight: 400;\">, a company that uses coffee grounds to produce biofuels.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are also solutions that are based on the creation of farms designed to <\/span><b>save 99% of the water<\/b><span style=\"font-weight: 400;\"> used or the use of LED lighting that uses different wavelengths, depending on the type of crop, to optimise production. The examples are almost endless.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><p><a href=\"https:\/\/yeeply.com\/en\/landing\/download-ebook-digital-transformation-sme\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2020\/06\/EN-E6-Banner-blog-1020x387-1.png\" alt=\"E6 Ebook transformaci\u00f3n digital\" \/><\/a><\/p><\/span><\/p>\n<h2><span id=\"categories\" style=\"font-weight: 400;\">Foodtech categories<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Within Foodtech, we have <\/span><b>different categories<\/b><span style=\"font-weight: 400;\"> depending on the main focus of their respective activities:<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><span id=\"AgTech\" style=\"font-weight: 400;\">AgTech\u00a0\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">They develop solutions to <\/span><b>improve the production and quality of agriculture<\/b><span style=\"font-weight: 400;\">, using drones, management software or new agricultural products. For example, they create urban farms that help reduce the distance between production and consumption sites. This saves both the need for transport and the use of fossil fuels. Another example is achieving <\/span><b>higher yields<\/b><span style=\"font-weight: 400;\"> by developing new generation farms that are more efficient and sustainable.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this category we present <\/span><a href=\"https:\/\/agrimp.com\/\"><span style=\"font-weight: 400;\">Agri Marketplace<\/span><\/a><span style=\"font-weight: 400;\">, a company that seeks <\/span><b>B2B digital marketplace solutions<\/b><span style=\"font-weight: 400;\">, connecting producers and industry. The company fosters transparency in agricultural market transactions through a digital platform in combination with a network of services and collaborating partners. It facilitates online payments between buyer and seller, product quality control options and logistics services.<\/span><\/p>\n<h3><span id=\"FoodScience\" style=\"font-weight: 400;\">FoodScience<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">These startups in the foodtech sector differentiate themselves through<\/span><b> innovation in food technology<\/b><span style=\"font-weight: 400;\">, in the product itself, in the transparency of its composition or the means of distribution.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are projects that seek to develop a new generation of household appliances or kitchen utensils. This equipment is more personalised or offers new uses. This trend includes companies dedicated to <\/span><b>finding sustainable and healthy alternatives to ingredients that we already consume<\/b><span style=\"font-weight: 400;\">, such as sugar, or projects that seek more sustainable food packaging.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This category includes <\/span><b>Memphis Meats<\/b><span style=\"font-weight: 400;\">, a food technology company based in Berkeley, California, that aims to grow sustainably farmed meat, which would help reduce the impact of livestock farming on the environment.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Read more: <\/span><a href=\"https:\/\/yeeply.com\/en\/blog\/innovative-tech-startups\/\"><i><span style=\"font-weight: 400;\">Innovative Tech Startups that are Revolutionising their Sectors [2020]<\/span><\/i><\/a><\/p>\n<p>&nbsp;<\/p>\n<h3><span id=\"Foodservice\" style=\"font-weight: 400;\">Foodservice y Delivery<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">They improve the way hospitality, catering, and food and beverage companies are managed today. They implement services to <\/span><b>improve restaurant management, their online presence or their marketing strategy<\/b><span style=\"font-weight: 400;\">. For instance, we have companies that allow anyone to hire the services of a local chef to organise a dinner or cocktail according to their tastes and budget, as in the case of the Spanish app <\/span><b>Take a Chef<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This classification also includes companies that are reinventing delivery, such as the rental of kitchens or dark kitchens. Moreover, Uber Eats launched the concept of Starship Enterprises. It basically consists of replacing the pizza delivery person with a robot to do the job.\u00a0<\/span><\/p>\n<figure id=\"attachment_12893\" aria-describedby=\"caption-attachment-12893\" style=\"width: 640px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-12893 size-full\" title=\"Rider working with a smartphone\" src=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2021\/06\/rider_delivery.jpg\" alt=\"Rider working with a smartphone\" width=\"640\" height=\"426\" srcset=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2021\/06\/rider_delivery.jpg 640w, https:\/\/yeeply.com\/en\/wp-content\/uploads\/2021\/06\/rider_delivery-300x200.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><figcaption id=\"caption-attachment-12893\" class=\"wp-caption-text\">Rider working with a smartphone. Source: <a href=\"https:\/\/www.pexels.com\/it-it\/@mart-production\">Pexels<\/a><\/figcaption><\/figure>\n<h3><span id=\"Retail\" style=\"font-weight: 400;\">Retail and Foodtech<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">They develop solutions for the food retail industry, from <\/span><b>digitisation of the supply chain to a better in-store shopping experience<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They provide tools to <\/span><span style=\"font-weight: 400;\">manage data<\/span><span style=\"font-weight: 400;\">, build interactions between brands and their customers and generate more information on consumer behaviour to achieve better sales results and productivity.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u270f\ufe0f\u00a0 Recommended article: <\/span><a href=\"https:\/\/yeeply.com\/en\/blog\/power-intelligent-process-automation\/\"><i><span style=\"font-weight: 400;\">The Power of Intelligent Process Automation (IPA)<\/span><\/i><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This includes <\/span><a href=\"https:\/\/noweat.es\/\"><span style=\"font-weight: 400;\">Noweat<\/span><\/a><span style=\"font-weight: 400;\">, a company that produces healthy food vending machines for offices, and Company Tellspec, a big data company that offers restaurants portable food analysis devices, in real-time, which provide information on, for example, the degree of ripeness of fruit, possible allergens or food properties, quickly and easily.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Conclusion<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">We briefly summarise what Foodtech is, the advantages and why we should be interested in this sector.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Technology is entering our farms, restaurants, and homes to make our lives easier. In addition, it transforms the way we produce food and how we consume it. The industry is working hard to <\/span><b>respond to an increasingly conscious consumer and to find solutions to the problem<\/b><span style=\"font-weight: 400;\"> of sustainability or food waste.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Foodtech is a sector of which <\/span><b>we have only seen the tip of the iceberg<\/b><span style=\"font-weight: 400;\"> and which will undoubtedly <\/span><b>grow strongly in the coming years<\/b><span style=\"font-weight: 400;\">. We are sure that it will be a big topic. It will be an important driver in helping to solve some of the environmental problems we are facing. Foodtech will change the way we feed ourselves.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">If you are thinking of creating a startup in the foodtech sector or if you want to digitalise your company, <\/span><\/i><a href=\"https:\/\/yeeply.com\/en\/digital-transformation\/?rel=EN-LNK#publish-project\"><i><span style=\"font-weight: 400;\">tell us about your project<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">. We will be happy to help you.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\"><p><a href=\"https:\/\/yeeply.com\/en\/digital-transformation\/?rel=EN-BP-proyecto-transformacion#publish-project\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/yeeply.com\/en\/wp-content\/uploads\/2020\/07\/EN-CTA-Banner-Digital-Transformation.png\" alt=\"Digital Transformation Project\" \/><\/a><\/p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although it may sound unnatural, Foodtech is the fusion of the food industry with the technology industry.\u00a0\u00a0 As a result of this combination, more than &#8230;<\/p>\n","protected":false},"author":2,"featured_media":12891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[497],"tags":[],"class_list":["post-12890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digitalization"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Foodtech: What is it and why you should invest in it?<\/title>\n<meta name=\"description\" content=\"Foodtech is the fusion of the food industry with the technology industry, but we have only seen the top of the iceberg. 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