The following are the top Food Technology Trends in 2020. They are generally classified into 3 main categories.
Reinventing Protein: from plant-based to insect alternatives
‘Farming and Big Data’: Minimising risks and optimising crops
Waste Reduction: Upcycling food and waste management technology
1. Reinventing Protein: from plant-based to insect alternatives
Companies in the alternative protein industry receive a 269% increase in funding between 2016 and 2018. This can be seen through a screenshot from our Food Data Navigator showing the evolution of raised capital by 238 companies. Total amount invested between 2009 and 2018 is estimated at €1.8B.
2. ‘Farming and Big Data’: Minimising risks and optimising crops
A screenshot from our Food Data Navigator showing the evolution of the capital raised by companies working with farming technologies. Data is shown in millions of euros.
3. Waste Reduction: Upcycling food and waste management technology
A screenshot from our Food Data Navigator showing the evolution of the capital raised by companies working with food waste technology. Data is shown in millions of euros.
“Americans are seeking the spiciness of Mexico, digging deeper into Japanese flavors and experiencing the complex flair of Moroccan cuisine. A search for ethnic flavors also has people finding food colors that are “Instagram-able.” In some cases consumers are mixing and matching the ethnic flavors of the world.
Millennials, US Latinos, single people and European consumers are exploring new flavors out of curiosity, said Sarah Hickey, senior director, insights and market research for Dawn Foods, Jackson, Mich.”
An ‘Instagram-able’ yam
McCormick & Co. launches five blends to hit global trends
“Almost 1.3 billion tons of food waste are produced per year. That’s a lot of residue. 50% of this waste is from fruits, vegetables, and root crops; all of which are rich sources of different colorant compounds. The largest fraction of this waste derives from the food industry, who could highly benefit from the reuse of their very own waste. This would limit excess money spent on waste treatment and disposal, by creating a rentable utility for this residues. The production of natural pigments from agro-waste appears to be a good solution for consumer health, business, and the environment.
Nature can provide all kinds of color. While carotenoids are responsible for the yellow and orange colors of carrots, oranges, and mangoes, chlorophyll is a pervasive green pigment present in plant leaves. Additionally, anthocyanins represent the largest group of water-soluble pigments in plants, who’s color varies from red to purple, or blue depending on the pH level of the media. These compounds are commonly found in grape and wine industry by-products. All of these natural pigments have a huge potential as food colorants.”
This article discusses a new technology devised by scientists from Washington State University could help reduce sodium in processed foods while retaining taste and texture.
“The researchers used microwave assisted thermal sterilization (MATS) to kill pathogens without reducing flavor intensity, a common problem that occurs with retort, the current method used to help preserve food.
The researchers believe that a salt reduction of up to 50% could be attained using the MATS processing method because the flavor of other herbs is enhanced.”
“Over the past three years, consumers have redefined a healthy lifestyle to include regular exercise, relaxation, and attention to mental/emotional health (Mintel 2017).
Eight in 10 (82%) now say that mental/emotional balance is as important as physical health (Hartman 2019a). Four in 10 consumers closely monitor what they eat; 43% try to eat healthy but don’t pay close attention; and 9% claim to be on a strict diet (Datassential 2019). Nearly half of U.S. consumers say their diet could be somewhat healthier; 23% say it could be a lot healthier (FMI 2019a).”
This article talks about plant-forward formulations with clean but exciting flavors.
“The traditional idea of a “snack” is a between-meal, quick bite that satisfies an urge. But in today’s world, snacking has become much more important. According to a 2011 USDA report, adults average 2.2 snacks per day, more than double from three decades earlier.
Leading innovations in snacking include exotic flavors, plant-forward products and high-protein edibles. But perhaps the overriding trend is that food manufacturers are creating more healthful snacks that taste great while fulfilling nutritional requirements.”