Foodtech startups are gaining attention from investors due to the growing demand for sustainable, healthy, and innovative food options. The foodtech industry covers a wide range of categories, including plant-based meat alternatives, new food products and brands, alternative food delivery methods, and more.
One of the biggest challenges in the foodtech space is regulatory compliance, as the food industry is heavily regulated and standards can vary greatly from country to country. Additionally, competition with established food brands and challenges in production and international expansion can also be hurdles for foodtech startups.