The COVID-19 pandemic's aftermath and the war in Ukraine, which both pushed supply chains to the brink, rendered 2022 challenging for the food trade. The global economic crisis' repercussions on venture capital markets had a ripple effect on the food technology industry as well. Nevertheless, every crisis offers fresh chances, and considering the lessons from the previous year may help mold the future. While the future of food technology is uncertain, investment trends are anticipated to alter significantly in 2023.

The opportunity arises for investors to expand their horizons and look for investment possibilities along the entire food supply chain, which would be advantageous for industries like biotechnology, food waste and sidestream optimisation, and farm robotics. The unmet difficulties facing the sector may also receive support from specialized venture capital firms and impact-driven funds.

Food technology is a component of food science that makes sure that food is safe, chosen, preserved, processed, packaged, distributed, and used. It involves any technology that impacts food sales, distribution, and production. Startups are making use of cutting-edge technology to enhance several areas of the food chain, generating employment possibilities, lowering hunger rates, and encouraging ethical production and consumption. Professionals in the field of food technology can specialize in a variety of subfields, including dairy technology, packaging for meat and fish, alcoholic beverages, bakery and confectionery, fruits and vegetables, and more.

One significant application of food technology is the addition of nutrients to packaged and processed food items. It also involves manufacturing convenience meals, such as packaged soups, ready-to-make food items, fruits, and juices, for working people and defense personnel. The future of food technology is promising, and rapid growth will require high-quality food produced with efficiency. Thus, individuals who can use technology to produce optimum food quantity while meeting daily nutrition needs are required.

In India, the Central and State Governments, including the Food Corporation of India, Food Safety and Standards Authority of India, Bureau of Indian Standards, APEDA, MPEDA, NABARD, NAFED, BARC, ICAR, IICPT, DFRL, and NIFTEM, seek candidates with a B.Sc. in Food Technology, indicating a high demand for this field.