In the food and beverage industry, technology has become an essential counterpart for improving important processes like food safety, labeling, lot traceability, and understanding food trends. The driving forces for improving food technologies include climate change, health-focused consumers, and improved digitization techniques.
An overall increase in desired wellness coupled with evolving digitization opportunities has resulted in increased startups working on this area of innovation. Many startups working on food technology has received funding from multiple pitching competitions all over the globe. Hence if you are an entrepreneur looking for business ideas in this area you have come to the right place. Read on to know more.
The food trends of 2020 mentioned below have pulled us towards increased utilization of technology, more nutrition, and more transparency:
Most countries are slowly banning the use of plastics and so some alternatives to plastic are being thought of which would not contribute to air pollution as much as plastic does. Biodegradable, plastic-free solutions are being thought of, that would have optimized functionalities. Many startups are leading the charge of packaging innovation all over the globe for a plastic and pollution-free world.
There is a huge focus on the digitization of the food supply industry and it is here to stay. The primary area of focus is transparency and traceability across the food supply chain.
The supplier network has slowly become global and food companies should be able to detect major changes and react to possible health threats as quickly as possible. Hence blockchain is slowly seen to be playing a great role in traceability. Organizations are slowly adapting to robust technologies and hence more and more startups are working on providing improved technologies for them. So this is a great area to work on especially because of its increased demands at present.
Many e-restaurants have service robots that are bringing together the convenience of placing orders on food online, personalization of meals, access to healthy and nutritious ingredients, etc. Also in restaurants where people can sit and dine, robots are being used to get food on the counter at a very good speed, and they are also being trained to take orders from customers and pass them on to the kitchen.
E-food platforms for delivering food are increasing day by day as customers are looking for increasingly convenient ways to shop. Many grocery delivery platforms like Big Basket, Grofers are slowly expanding the food market and making deliveries easier than ever. In foodservice, Swiggy, Zomato, and UberEats are providing easy delivery solutions and will tend to grow even more in the prevailing situation. People nowadays – being locked in their homes, are having increased needs for these services more than ever.
Do you have business ideas quite similar to these or of your own? We would love to hear them out. Register for Happython 2020 and get a chance to win funding for your business ideas.
AAIWay brings to you a golden opportunity for having your business ideas funded in Happython 2020 which is a startup pitch competition to be held on 13th December. Your business ideas can be related to food technology or anyone among the many diverse areas of innovation encouraged by Happython.
To learn more about Happython 2020, visit http://aaiway.com/events/
Event date: 13th December
Last date for registration: 5th December
So what are you waiting for?
Register for Happython 2020 today and see your dream project take off!