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Understanding the FoodTech Transition: A New Report Series

Our data reveals a key shift: historically slow to adopt new tech, the Food Industry now faces an even steeper climb due to drying up funding and changing patterns. Global venture capital funding is facing turbulent times, with AgriFoodTech being no exception.
Since its peak in 2021, investments in the sector have dropped by 74% in 2023. Regional dynamics are also changing, with Europe emerging as a hotbed for AgriFoodTech innovation, capturing 36% of investments in 2023 (up from 23% in 2021). Alternatively, funding is diversifying, moving away from just Food Delivery and Alternative Proteins. Investors are now looking at a broader range of solutions across the supply chain. This new landscape presents exciting opportunities for investors, with attractive valuations and a more cohesive ecosystem. Nevertheless, it’s evident that the FoodTech sector is undergoing significant changes.
To help you navigate the key trends and market dynamics of the AgriFoodTech actor, and navigate these ‘waves of change’ smoothly, we are creating a new reports series: “Decoding the FoodTech Transition”. By leveraging our FoodTech Data Navigator database, sector knowledge, and network of industry experts, we offer comprehensive and data-driven analysis for each Activity and Domain of our proprietary taxonomy, providing actionable insights and strategic guidance to help you understand this transition period and better prepare for new realities while staying ahead of the curve.
What to expect from ‘Decoding the FoodTech Transition’ reports

In “Decoding the FoodTech transition’ we embark on a comprehensive, data-driven bottom-up analysis of over 9,600 international FoodTech companies and $190B+ transactions over the last ten years, and cover the following:
- Startup Ecosystem Overview: Gain a comprehensive picture of the Global AgriFoodtech landscape of key technologies, applications, and market dynamics (e.g., active startups, funding levels, and evolution) through a detailed analysis of 9,600+ companies. The aim is to identify the most mature ’emerging technology clusters,’ key investment trends, and fastest-growing sectors.
- Industry Pulse: Stay updated by tracking the innovation activities of key players, such as recent M&A activity, joint ventures, and partnerships.
- Market Analysis: Understand the current market landscape and its projected growth using backcasting market sizing. Identify key drivers & barriers for each technology cluster identified
- Future Projections: Explore potential market scenarios and identify promising areas for investment and growth.
For each vertical (‘Activity’) and sub-vertical (‘Domain’) of our taxonomy, we will aim to provide a 360 realistic view of the sector, structured as follows:

Customized and Modular Reports
Our analysis is designed to provide you with insights that are directly relevant to your business/market. Our reports series will deep-dive on each of the Domains of our proprietary taxonomy:

Interested in deep-diving into the ins and outs of the AgriFoodTech sector?
Download now a free sample of the Plant-based proteins report HERE
OR
Register your interest in exploring additional AgriFoodTech topics HERE.
For more information, please contact info@forwardfooding.com.
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