What is Foodtech?
Technology is constantly evolving to meet our needs. The Foodtech is the perfect example. It’s a new kind of business that comes from a combination of two areas: food and technology. The consumption pattern has changed, pushing entrepreneurs to look for a new way to meet the needs that arise. Growing, the Foodtech sector covers a vast field, from production to the sale of food.
The Foodtech concerns both the design and the development of new food products. It is the logical result of changes in mentality, needs and the pace of life. Consumers want to eat better, but they don’t necessarily have time to cook. They want to eat a good baguette, but their small town does not have a bakery. They can do this through automated distributors such as Smart Pizza and Smart wand. The latter makes it possible to obtain a baguette that is still hot, just out of the oven like at a baker’s. It is supplied with fresh dough by bakers who use traditional recipes. The same is true for Smart Pizza. The consumer gets a pizza of their choice at any time.
Foodtech, what advantages?
The Foodtech has many benefits for consumers and food professionals alike. To cite only the example of the fresh bread distributor, consumers can buy bread costs at any time, because the distribution is automatic. The Smart Wand is also available at any time. Customers also benefit from fresh and artisanal products. For bakers, this is a solution to increase their income through the creation of a new outlet. By setting up a distributor in another city, the baker expands his clientele and thus benefits from increased profitability.
The dispensing machines are just the visible parts of Foodtech. There are indeed 6 categories of Foodtech:
- AgTech: sector which groups together startups specialized in improving the production and quality of agriculture.
- FoodScience: all of the startups that develop new food products to meet the needs of consumers.
- FoodService: bringing together startups specializing in improving restaurant and staff management.
- Coaching: concerns consumer services to help them eat better.
- Delivery: bring together startups that specialize in improving delivery in the food industry. This category allows customers to have dishes delivered to them in minutes.
- Retail: bring together startups developing solutions for the food distribution chain. The field of action is very vast. The startup can offer solutions focused on the digitalization of the supply chain or the customer shopping experience in store as an example.