Global FoodTech Landscape Overview 2021 Q4: Main Keystones

Deep Knowledge Analytics
FoodTech_Industry
Published in
2 min readNov 2, 2021

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Introduction

Global FoodTech Landscape Overview 2021 Q4 report contains a comprehensive overview of the FoodTech sector, providing such qualitative indicators as key findings and general overview of the industry, and quantitative ones, as distribution of FoodTech companies by countries and investors by regions, distribution of companies by categories and by a number of employees, etc. FoodTech is the emergent sector exploring how technology can be leveraged to improve efficiency and sustainability in designing, producing, choosing, delivering and the consumption of food.

Main Goals of the Report

  • Highlight trends and obstacles for the development of the global FoodTech sector and define the future perspectives of the growth;
  • Consider how the COVID-19 pandemic has affected the development of the FoodTech sector;
  • Determine the leading countries in terms of the number of FoodTech companies and investors and define the main technologies they implement for the development.

Global FoodTech Market Overview

The largest amount of FoodTech companies are located in the United States. The food industry in the US is developing fast, with the number of startups in the country rapidly increasing. The United Kingdom and Israel follow the United States, accounting for 13.2% and 9.4% of analyzed companies, respectively. However, almost half of investors are located in North America. The second biggest region by investors’ location in Europe with a more than 42% share. The Top-3 countries by the number of investors are the United States (39.5%), the United Kingdom (9.9%), and Germany (6.2%).

Raised Capital Evolution

Historically, the level of investment in the Agri FoodTech sector started getting a significant boost in 2016 and has kept growing at a 42% CAGR since then. Geographically, while the US has been leading the charge, both in terms of the number of startups and level of investment, Europe and now Asia is quickly catching up. Foodtech is becoming a larger component of the overall agri-food technology space. As of the end of Q3 2020, AgriFoodTech startups are going to raise $11.6B in funding, and FoodTech companies made up 72% of those investments.

If you would like to learn more about the FoodTech sector — find out Deep Knowledge Analytic’s report here.

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