In the wake of the COVID-19 pandemic, the technological transformation that has already been underway in the food and beverages industry has gained a rapid pace. The need for novel technologies to accelerate innovation has never been greater. To think of it, the crisis has indeed substantiated the significance of digitalization and the long-term impact that it can offer. And if the trends are to be believed, this rapid pace of digitalization will continue well in the post-pandemic era.
Leading-edge innovations, such as artificial intelligence (AI) and machine learning (ML)—along with robotics and 3D printing—are being extensively leveraged in the sector today to improve food usage, reduce wastage, and manage demand. AI, in particular, is playing a versatile role in the industry. For instance, AI is aiding companies in predicting the sales better and tailoring inventory to demand, thereby saving money and reducing wastage. It is also helping companies to manage their supply chains and reduce their time to market. Furthermore, there is a surge in AI-engineered software and platforms today that can improve the quality control of food products. Also, AI is being tapped to develop flavors, improve yield, increase safety, and much more.
Robotics is also making great strides in the industry. From preparation to delivery, exciting robotic innovations are being rolled out that are drastically improving the functioning of the sector. On that front, robot-assisted 3-D printing could be the face of robotics in the food and beverages industry as inherently repetitive tasks are increasingly being automated today. Meanwhile, new concepts like ghost kitchens and cloud kitchens are also flourishing in the domain.
And at the forefront of such transformational drive are the food tech startups, bringing revolutions in every step of food supply chains: right from the production to all the way through the delivery of food. While some food tech startups focus on the food itself, others are exploring how to develop and distribute the new wave of sustainable and eco-friendly food packaging.
At this juncture, there is a variety of food tech startups making a mark in the market, catering to the different needs of the food and beverage enterprises. To help business in this industry choose the startup that best fits their requirement, Food and Beverages Tech Review has compiled a list of the top 10 food tech startups. The enlisted food tech startups are the frontrunners in the market that provide a wide span of features. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you Food and Beverages Tech Review’s, “Top 10 Food Tech Startups – 2020
