What is FoodTech? (4th part)

Food producers want to produce more efficiently

Market demands higher volumes and low prices

  • In most Western European countries, the five largest supermarkets have a combined market share of 70–80%.
  1. New application areas of technology Innovations increase the applicability of the technology in the food industry.
  2. Improved affordability Reducing the cost of technology and improving specifications.
  3. The demand for more and higher quality products Food demand is rising and the market requires higher and more consistent product quality.
  4. Reduced availability of staff and higher costs Wage costs are rising and the availability of technical personnel is under pressure.



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Licas Ventures

Licas Ventures


Licas Ventures is a leading venture capital firm that invests in people and their companies from the earliest days through all phases of private company growth.