Sector News

Foodtech investment deal value exceeded $13 billion in 2021: Deloitte

March 27, 2022

Foodtech investment soared last year, with deal value more than doubling from $6 billion in 2020 to $13.1 billion in 2021, according to “The Road to Next,” Deloitte’s latest private financial markets report. Expansion-stage deal activity in particular saw a record year.

The most important factor driving growth was “the proliferation and demonstrated maturation of key players in multiple foodtech segments.” These include alternative and plant-based proteins as well as tech platforms to improve supply chain logistics and customer experiences.

Deloitte also notes that nontraditional investors, like hedge and sovereign wealth funds, are becoming bigger players, participating in 45% of all foodtech deal value in 2021. This investment indicates the maturation of the market and also likely reflects the desire of these investors to support sustainability via their holdings.

There was also a jump in the number of cross-border deals, which Deloitte says “points to an expanding pool of available, potential capital for future foodtech companies to tap for funding.”

Overall, Deloitte sees the high level of investment continuing into the near future, especially as macro trends like sustainability and wellness continue to drive foodtech innovation.

By Krista Garver


comments closed

Related News

November 26, 2023

How Coca-Cola HBC tackles beverage sustainability challenges


The business touts great drive towards a more environmentally friendly and socially acceptable supply chain with a focus on packaging, emissions reduction, electrification, and inclusivity. This relies on the support of its Hellenic Bottling Company (Coca-Cola HBC), which—based in Steinhausen, Switzerland—produces a sales volume in the billions.

November 19, 2023

Is a sustainable, profitable supply chain within reach?


Wildly inefficient—that too often describes the state of our global supply chain. With 90 percent of worldwide trade relying on shipping and $13 trillion spent on logistics annually, the industry is a behemoth. Yet, it lacks data-based decision support and information sharing.

November 11, 2023

Australian Senate promotes sea urchin consumption to combat climate-related species invasion


The Australian Senate has released a report advocating for a strategic approach to mitigate the ecological impact of the long-spined sea urchin (Centrostephanus rodgersii). The New South Wales native marine species threaten the biodiverse marine habitats along Australia’s southeastern coastline.

How can we help you?

We're easy to reach