The food industry has opened its doors to innovative technology-based services, which is leading to an immense transformation in how the food industry operates.
Source: CIOReview
Growth Of The Food Industry
Technology has transformed how different industries function. Today, technology within the food industry is that the most wanted component within the diet chart. The food industry has opened its doors to innovative technology-based services, which is resulting in an immense transformation in how the food industry operates. The recipe for food and technology has born to food technology. By embracing technology innovation, food companies can tap into new powers to empower their organizations, reaching goals that might rather be unattainable. Read on to understand more.
Amid new consumer demographics that encompasses the children, the main target has shifted on sustainability, health, and freshness of the offerings, and therefore the food tech industry is evolving accordingly. the world is getting to familiarize itself to the changing times and offer healthier food habits and avoid adulteration within the food products. Blockchain-based mobile applications are strengthening food management by tracing and recording transactions to take care of the safety and quality of the food industry. Blockchain is additionally helping in providing brand transparency and handling big data.
With the emergence of augmented and virtual reality within the food industry, creative food images became smaller. Transparency in food is now the foremost vital thing that there's. The calorie intake of a consumer is now connected with what cuisine they're ordering with the assistance of augmented and cvirtual reality. Technology is additionally supporting consumers by bridging within the gap between different cultures. Food mobile applications are leveraging AI-based chatbots to attach with their consumers. These chatbots send food recommendations supported eating behaviors. The support via chatbots is out there around the clock.
The food and beverage industry is transforming - that much is obvious. The fast evolution of technology, digitalization possibilities - during a conventionally low-tech, complex industry- is opening a spread of applications to the worldwide organic phenomenon.
Challenges for the Food and Beverages Industry
The food & beverage industry is always one of the fastest-moving in regards to the changes that come every year in terms of tastes, preferences, packaging, manufacturing, storage, transportation, and many more. The industry has undergone these many changes in the last decade due to the rapidly changing behaviors of consumers, technological advancements, and regulations. These factors have also plagued the industry with a series of obstacles. Being a consumer-driven industry, this industry is facing serious challenges, and here is more about it.
The Plastic Ban
The increased consumption and improper disposal of plastic is one of the major challenges faced by food and beverage managers today. In this scenario, a product that is named as ‘eco-friendly’ has more of a consumer connection and is likely to make lucrative sales than a product that harms the environment. Food and beverage manufacturers are now competing toward making the food manufacturing process highly environment friendly through the adoption of numerous recycling practices.
Health-Conscious Consumers
The increase of food-related disorders has prompted consumers to bring about drastic changes in their diet and lifestyle, making them more health-conscious than ever before. With this, the thought is diverted towards purchasing foods without added preservatives that might hamper health. The demand for products that carry the ‘healthy’ label is then bound to reduce and to stay at the top. The need to eliminate artificial ingredients from products has come to the fore as a significant challenge faced by food and beverage managers.
Concerns About Product Traceability
Traceability is one of the major challenges in the food and beverage industry, not just for record management but also to fulfill the bottom line. Consumers have been taking increasing interest to know what goes into their food, which has led to ingredient labeling becoming a major part of the packaging process. With public trust in food supply chains decreasing drastically and awareness pertaining to glitches in the supply chain since the last few years or so, end-to-end traceability has evolved as one of the megatrends in the food and beverage industry.
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