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The State of Food Technology in Europe

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Food technology made in Europe It is in full swing, but if the forecasts are accurate, in a few years the current state might seem small. Over the past five years the growth has been the 63% annual and late 2018 Some forecasts predict that the annual investment in this sector will exceed one billion euros.

The growing interest in the sector have to add a greater support from the institutions and governments. This has resulted in innovation, often he brought from the hand of new startups, it disappears.

Two recent reports address this new scenario that is taking shape on the continent. The first is The State of Food Technology in Europe 2018 created by Five Seasons Venture, a group of specialized investment in this sector. The other report is signed DigitalFoodClub, a group of entrepreneurs, and is entitled Foodtech one Europe: FoodTech investments of 2014 a 2018.

What can we gather from these two records?

to get started, bad news, Spain does not move enough money in what technological innovation related to food concerns. He 63% European investments are concentrated in start-ups UK and Germany.

Although Spain and Italy the number of potential entrepreneurs can take advantage of very dilated, the amounts are, Conversely, very limited. Nothing comparable to the subsidies received for creating Picnic and Vivino, estimated 100 Y 56 million respectively.

Home delivery services of food are those who still carry the largest piece of the pie. 11 of the 15 increased investment in food technology They correspond to these services. For Season Seven Ventures, he 50% of funds it has been designed to provide liquidity to these initiatives.

Robotics in the kitchen, reducing wasted food and fighting waste water have also received huge investments this year, see, respectively, cases of French Ekim, Karma and Mitte.

Despite the huge amounts of money moving, emerging companies in Europe are experiencing serious difficulties in obtaining the funding they need to realize their ideas. This largely to the more cautious approach of investors must face the start-ups requiring millions in funding.

further, in recent years it has become evident the need for changes that prevent the more established emerging companies take over critical amounts. insurmountable gaps open between start-ups stale and the most innovative initiatives that impede competition.

The large differences between member states of the European Union, as well as the laws of each country, They put the hardest things. This is not an obstacle for the coming years is to continue growing considerably. 3D printing food, the recommendations ultrapersonalizadas, responsible food packaging and robotics seems to be the crux of the matter.

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Article by the editorial team of DiegoCoquillat.com. It has professionals both in the field of hospitality, gastronomy and tourism, and new technologies and innovation.

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