Technological watch

FutureBridge: Food and Nutrition Industry Poised to Tap Emerging Technologies to Meet Sustainability Goals and User Demands In 2020

UTRECHT, The Netherlands--(BUSINESS WIRE)--The food and nutrition industry will rapidly adopt transformative technologies to meet evolving sustainability goals and customer demands in 2020, according to FutureBridge.



With users demanding healthier products from sustainable sources, industry leaders are tapping disparate technologies to disrupt nearly every step in the food chain. In the emerging scenario, microbes are a promising source of alternative protein, artificial intelligence drives new product development, and blockchain solves the trillion-dollar food waste problem.

“In 2020, several bubbling technologies are finally poised to influence product development and operations of leading industry players.” said Sarah Browner, FutureBridge’s food and nutrition analyst.

Combining its research team’s deep domain know-how with in-house software and data analytics, FutureBridge identified five key technology trends for 2020:

1. GOING MICROBIAL. We are witnessing a new wave of innovative start-ups utilizing algae, yeasts, fungi, biomass, and even thin air to produce alternative protein.

2. BLOCKCHAIN BREAKTHROUGHS. Blockchain will help solve age-old supply chain problems including food waste, which costs over $4.5 trillion, industry players will leverage emerging technologies such as personalized pills and at-home DNA testing kits to deliver customized diets.

FutureBridge will host a webinar on these Technology Trends for 2020 on February 6th, 2020, at 4.30 pm CET / 10.30 am EST. To register, FutureBridge tracks & advises enterprises on the future of industries from a 1-to-25-year perspective. With its data & analytics platform, deep techno-commercial knowledge, and network of start-ups, technology partners, and corporate leaders, FutureBridge identifies new opportunities, markets, and business models, and facilitates best-fit solutions and partnerships for its clients. FutureBridge has over 500 in-house experts in Europe, North America, and Asia.



Publication date: 21/01/2020

Business Wire



      

This project has received funding from the Bio Based Industries Joint Undertaking under the European Union’s Horizon 2020 research and innovation programme under grant agreement No 837761.