What is FoodTech?
What is FoodTech?
FoodTech is nothing but Food Technology.This is about the technology to develop, manufacture and distribute the food products.The FoodTech includes everything from selection, processing, packaging, preservation, distribution and safe food.
What is the main role of food technology to a student?
The responsibilities of a Food Technologist include: Selecting raw materials and other ingredients from suppliers. Evaluating and inspecting suppliers. Controlling production hygiene and quality control standards.
The application of food science helps in manufacturing safe, wholesome and nutritious food products. The study of food technology is to develop new methods and systems for keeping food products safe and resistant from natural harms such as bacteria and other micro-organisms.
The modern food processing techniques is the key to flourishing supermarkets we have today. Extra nutrients can be added while processing the food and processed food is less susceptible to spoilage. Some of the techniques used are spray drying, juice concentrates, freeze drying and the introduction of artificial sweeteners, colorants, and preservatives. Of late, many products such as dried instant soups, reconstituted fruits and juices, and self cooking meals were developed for the convenience of working people.
Food Science and Why Food is Important?
Food science is the broad-ranging field of science used to better understand and solve real-world problems surrounding the complex food system. The entire industry of food science includes biochemistry, chemistry, nutrition, microbiology, and even engineering. At its core, food science studies the general makeup of food. Scientists need to understand basic nutrition concepts, such as carbohydrates, fats, protein, and water to better understand how they react with one another when they’re processed or preserved.
In food science, researchers work to research and analyse multiple methods of processing and preservation. This includes drying, freezing, pasteurizing, and canning, just to name a few. In doing so, scientists are better able to produce quality control methods. Microbiology and safety aspects of food need to be understood, as well. Eventually, the food products developed will be put on the market so the average grocery shopper can consume them.
Present and Future FoodTech investments
There is no bigger industry on our planet than food and agriculture, with a consistent, loyal customer base of 7 billion. In fact, the World Bank estimates that food and agriculture comprise about 10% of the global GDP, meaning that, food and agriculture would be valued at about $8 trillion globally based on the projected global GDP of $88 trillion for 2019.
On the food front, a record $1.71 trillion was spent on food and beverages in 2018 at grocery stores and other retailers and away-from-home meals and snacks in the United States alone. During the same year, 9.7% of Americans’ disposable personal income was spent on food — 5% at home and 4.7% away from home — a percentage that has remained steady amidst economic changes over the past 20 years.
However, despite a stalwart customer base, the food industry is facing unprecedented challenges in production, demand and regulations stemming from consumer trends. Consumer demands and focus have changed in recent years. An increasing focus by consumers on sustainability, health and freshness has placed significant pressure on the food industry to innovate.
What is the Food Tech Startup
Startup is Food Technology space for making quality and healthy food easier and it should more convienent to consumers.and also if the food is low cost definitely there will be more profit for business to make all kinds of foods.
There are 25 trending food tech startups
In fact, Food Tech startups received a staggering $180 billion in total funding in 2020 alone.
The 25 trending food tech startups are the first one is
HUNGRYROOT uses AI and predictive technology to predict and deliver groceries and recipes that suit each individual. The company is able to customize deliveries on an individual basis by having its users take a quiz to better understand their preferences. According to Hungryroot, its users save up to $22 a week by using the Hungryroot platform.
Yummy Bazaar operates an online marketplace that sources authentic food and ingredients around the world and sells it through their online platform. The company stocks and sells over 1,000 brands from around the world.
Plant Power Fast Food is a fast-food chain offering vegan food at an affordable price. They use technology to develop plant-based meat substitutes and sell them at their locations. The startup claims that their burgers use 99% less water than traditional beef-based burgers.
Ready Burger operates a food store selling plant-based burgers at cheaper prices. The company only sells online using its website and other online channels. The company initiated its selling operations in July 2021.
Onvi is a mobile Order & Pay solution that is designed to help restaurants and bars develop online custom menus and allow customers to quickly order and pay online without having to download an app. Additionally, the platform also provides solutions to manage and process orders. The startup has seen a 1,106% increase in transactions compared to July 2020.
Like these Green Culture,Pear Technologies,Elite sweets,Blinkit,Local Kitchens,Beer Cartel,Fitness Genes,Winc,Jumbotail,Sid’s farm,Baorgo,Flink,Turtle Tree, Frubana ,Market kruly,Day two,Harvie form,MaxAB,Sharebite,Snackbile.
These are the trending 25 food tech companies.
Written by Geetha Sri, a Siliconvalley4u's student