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Food tech entrepreneurs eye growth in functional ingredients trend - FoodNavigator.com

Forward Fooding, a global network of food entrepreneurs, highlighted nanoencapsulation (where nano-sized amounts of nutrients such as vitamins, calcium or iron are put into foods in order to be absorbed faster by the body), gut health and probiotics, and alternative functional ingredients such as collagen, CBD and algae, as trends to watch.

“We see no reasons for these trends to slow down at the moment,”​ it wrote in a report into current food technology trends. “While we expect some of these functional ingredients to get to the masses (kombucha, CBD and algae), some new innovations will undoubtedly also come to market. We also anticipate a renewed focus on taste to match consumer needs, alongside the increase in focus on functional ingredients and their innovative health benefits.”

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While CBD remains in a quandary​, Forward Fooding expects new technology applications for CBD will be developed as ‘personalised’ food enters this space and will require the extraction of essential oils from different plant breeds according to consumers’ preferences.

Nanoencapsulation technologies, meanwhile, will continue to rise as they can help extend the shelf-life of probiotics and even encapsulate up-cycled ingredients (e.g. antioxidants, polyphenols) that ‘would have been difficult to incorporate in food otherwise’.

The research highlighted smart food firm Huel and Swedish farmed algae producer Simris Alg as among the most funded firms in the functional food and ingredient space in the last decade (receiving nearly €22.5m and €15m in total funding between 2009 and the first half of 2019 respectively).

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Food tech entrepreneurs eye growth in functional ingredients trend - FoodNavigator.com
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