Food tech on its way to reshaping a multi trillion market - Seite 2

The report identifies several trends that will help food sector transformation,
including, amongst others:

- Consumers want healthier and more sustainable products, a trend boosted by the
pandemic. 40% of Millennials and Gen Z state that they are eating healthier
food since the start of the pandemic and roughly 75% state that they spend
more to buy sustainable food products.
- Plant-based food alternatives are becoming a mainstream phenomenon. Demand has
increased steadily, outpacing the growth of incumbent brands by 4-5 times .
- The alternative protein market is projected to reach a volume of US $68,5bn by
2025 , with expected compound annual growth rates above 10%.
- Better food waste analytics that cut hospitality industry waste and emerging
"food rescue" solutions are contributing to a reduction in global food loss
(around 33% today).
- Adaptations to manufacturing and distribution processes will improve the
supply of food on a global scale while creating a more sustainable and
healthier food system.

The opportunity to create substantial value for society and economy is
significant. Dedicated programs are arising to leverage this opportunity in
various parts of the world with Singapore and Israel at the forefront.

Both authors state that Europe is in a fantastic position to further expand its
role as a positive driver of food sector transformation. Europe has a history of
an incredibly diverse food culture that is thousands of years old. Europe has
become the largest exporter of food products and has publicly committed to
making the food sector more sustainable, via the European Commission's "European
Green Deal".

The White Paper "Food Tech - Turning Promise Into Opportunity" can be downloaded
from: https://zintinus.com/report/

Bio Olaf Koch: https://zintinus.com/olaf-koch/

Bio Marc-Andre Kamel: https://www.bain.com/our-team/marc-andre-kamel/

About ZINTINUS:

ZINTINUS is a food tech growth capital fund with a focus on alternative
proteins, functional food, clean nutrition and food waste reduction with offices
in Berlin, Germany and Boulder, USA. ZINTINUS aims to contribute its unique
combination of knowledge, experience and network to the positive transition of
the food systems creating the basis for superior value generation along the
whole chain to the benefit of consumers, the environment and investors.

About Bain & Company :

Bain & Company is a global consultancy that helps the world's most ambitious
change makers define the future.

Across 65 cities in 40 countries, we work alongside our clients as one team with
a shared ambition to achieve extraordinary results, outperform the competition,
and redefine industries. We complement our tailored, integrated expertise with a
vibrant ecosystem of digital innovators to deliver better, faster, and more
enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro
bono services brings our talent, expertise, and insight to organizations
tackling today's urgent challenges in education, racial equity, social justice,
economic development, and the environment. We earned a gold rating from
EcoVadis, the leading platform for environmental, social, and ethical
performance ratings for global supply chains, putting us in the top 2% of all
companies. Since our founding in 1973, we have measured our success by the
success of our clients, and we proudly maintain the highest level of client
advocacy in the industry.

Contact:

Media Contact for ZINTINUS:
James Hartwell
Kekst CNC
Phone: [phone]
Email: mailto:[e-mail]

Media Contact for Bain & Company:
Gary Duncan
Phone: [phone]
Email: mailto:[e-mail]

Additional content: http://presseportal.de/pm/163852/5253545
OTS: ZINTINUS