Saturday, April 20News That Matters

Tag: CNN

What’s powering the boom in food technology?

What’s powering the boom in food technology?

Food
While many group to Israel for falafel and shakshuka, it is less celebrated for its food technology. However the nation — home to in excess of 350 agribusiness and nourishment innovation companies — punches over its weight. In 2018, yearly interest in Israel's nourishment tech part rose to $100 million, as indicated by an ongoing report by Start-Up Nation Central. This makes it a solid player inside a booming market: BIS Research predicts the worldwide nourishment tech market to be worth more than $250 billion by 2022. "So much is happening in such a small place," says Tamar Weiss, advancement director for the global food tech segment of Start-Up Nation Central. Weiss accepts this is down to Israel's desire to handle the ecological and moral difficulties around horticultur...