The world’s food system is broken and is at a tipping point. For every one person suffering from malnutrition, there are two people overweight or obese. We eat roughly only 150 of 30,000 edible plant species. Food waste is becoming an increasing problem, and current agricultural practices are a leading contributor to greenhouse gas emissions.
For this reason, there is now an urgent need for industry players to innovate and technology is becoming a prime focal point to do just that. As consumer demand for healthy, sustainable products continues to increase, companies feel the pressure to rethink and revaluate practices across the entire value chain.
Based on our extensive coverage of the food and nutrition industry, we have pulled out 3 recent developments that are sure to disrupt the future of food;
With all eyes now on Industry 4.0, blockchain is building up to be among the most critical tools of supply chain traceability and transparency. In our development data, we observed that big players such as Nestle, Walmart, Unilever collaborate with IBM to bring transparency to its supply chain. For this piece, we will analyze emerging techno-commercial developments, opportunities, and limitations of the trend today.
Cannabidiol or CBD is creating a lot of buzz in the industry today. From a once-obscure non-psychoactive chemical ingredient to now being at the forefront of novel product development overnight, CBD’s fast-paced developments are hard to keep up with. From coffee to Carl’s Jr. to (potentially) Ben & Jerry’s, CBD is rapidly going mainstream. We will look at the changing regulatory landscape and the latest innovations in this controversial market development.
As more and more consumers place increased importance on living a cleaner and healthier lifestyle, discovering and utilizing natural ingredients has become a prime focus of industry players. Although this trend is not exactly a new finding for the industry when we compare it with our other 2 topics; we analyze and advise if this is an area prime for action or close to being oversaturated in the market.
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