Food-tech Industry

In the Industry 4.0 era, emerging technologies have reconstructed the look of the food-tech industry. It has progressed by reinventing various techniques for analysis, innovation, improvement, management, etc. The agriculture sector has seen advancements in high-end machinery that eases out the agriculture processes, high-quality seeds that result in better agricultural produce, analysis of lands and weather, etc.  The food industry is getting smarter with technologies that monitor food quality in every way and plays a crucial role in food safety. The new age food-tech startups have changed the way food is being ordered and has revolutionized the food and beverage industry. Moreover, the perception of food is changed by the involvement of technologies like Augmented and Virtual Reality.

Overview

The food-tech industry is slowly adapting to the environment aired with emerging technologies. Impacting and improving every stage of food production and consumption, technologies today are an integral part of this industry. The journey of food from seed to the plate has been transformed by technologies and AI, IoT, Machine Learning, Data Science, etc. have played their respective roles in improving the food supply chains. Food is just not food but is a science driven by technologies of today!

Research
Researchers predict that the global food-tech market will exceed $250 billion by 2020. (Forbes)
Food Industry
The Indian food industry is the 6th largest in the world. (IBEF)
Retail
Retail start-ups contribute about 70% of total sales, and contribute to 30% of total food-tech market. (IBEF)

Career Opportunities in Food-Tech Industry

IoT
IoT in this industry has enabled new control concepts and operational flow with local data processing and embedded intelligence like sensors that can communicate directly with other manufacturing units and devices to monitor progress. IoT connects the food supply chain to real-time productivity databases that are used to analyze, identify, and solve problems efficiently. The most effective solution is tracking and remotely managing products benefitting both the consumers and the company, which has added tremendously to the growth of the food-tech industry. The applications that are specifically used to order food are using IoT to update customers about the status of their food.
Cloud & DevOps
DevOps has made deploying functionality and updates possible in the food industry at a lightning fast speed. The industry operations are now streamlined in a well-organized way, elimination all production and delivery bottlenecks. Along with various businesses moving to the cloud, the food market has also moved to the cloud. The e-commerce of the food industry has a better face with cloud computing. Cloud makes syncing and streamlining manufacturing operations between various plants possible and also improves customer service management. Through Cloud and DevOps the monitoring and regulating of industrial plants is an easy process.
DL, ML, & Big Data
Big Data, Data Analytics, and Machine learning are contributing tremendously towards food safety and enhancing the agriculture processes. Enormous data available can be used to analyze and improve the entire agriculture process by automating and innovating the ways of agriculture that yields better outcomes. The implementation of these technologies in manufacturing plants has increased quality and revenue of the food tech industry. It even emphasis on effective retailing and marketing of products by analyzing and monitoring the consumer needs. The agriculture methods are innovated in the best way with these technologies.
Others (Business Courses)
There is continuous innovation happening in this industry. Apart from IoT transforming the way things were being bought, or using cloud services to order food services and chatbots for customer assistance, or analyzing the best seed, soil and time to grow crops using big data and data analytics and automating mechanical processes and error reduction, the food-tech industry has witnessed a lot more innovation. There are robots and drones used for various processes and Augmented and Virtual Reality changing the way people look at food. The food consumer business has entirely turned online with the implementation of all the technologies. This generated a tremendous need for technology-specific professionals to work proficiently towards achieving the industry goal. Organizations consider certified professionals to be a great asset and are given top priority during the hiring process.