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Abstract:VCs are seizing on shifts in consumer demand, environmental and labor challenges, and technological advances that are upending the food industry.
A global population boom means that there will soon be billions more mouths to feed, requiring a shift in how food is produced, packaged, stored, and delivered. Business Insider spoke to VCs to get their tips for the companies most impacting the future of food.Visit Business Insider's homepage for more stories.Top venture capital leaders are seizing on the rapid shift in consumer demand, environmental and labor challenges, and technological advances that are completely upending the food industry. And a global population boom means that there will soon be billions more mouths to feed, requiring a shift in how food is produced, packaged, stored, and delivered. More consumers want a wider range of products and greater transparency about what they eat and where it comes from, while a seismic demographic shift has seen the labor pool for agriculture dry up. That, alongside environmental degradation affecting water supplies, and increased demand for meat in developed markets, is forcing innovation and new funding requirements on the industry.The agricultural industry has been scrambling to keep up, utilizing farm robotics and artificial intelligence to stay ahead.Check out the 10 companies VCs think will have a major impact on the future of food:
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.