Food Tech and Incubators Are All The Rage

Food Tech and Incubators Are All The Rage
  • Food technology is creating a space for more brands and restaurants to become innovative in how they meet consumer demand.

  • Being innovative means being able to understand your consumers’ needs and providing a unique solution.

Food technology has had one of the largest impacts on the foodservice industry since social media.

In this episode, Host Bill Bender unpacks with the panelists what exactly innovation in the foodservice industry means and how it can either improve or hamper the growth of the industry.

Is this a fad or a complete shift in the model of how food innovation will occur in the future? Take a listen for more insights on how technology is innovating how we meet consumers’ needs.


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SFA Live: Food Incubators Keep Tech Out of Food, But In the Manufacturing Processes

SFA Live: Food Incubators Keep Tech Out of Food, But In the Manufacturing Processes

Canopy Foods is a food production studio working as both a manufacturer and also as brand support, assisting with things like distribution and fulfillment.

Elly Truesdell has a ton of experience growing food in the incubator space. She sits on the Board of Canopy Foods, acts as a mentor to FOOD-X and Chobani Food Incubator and acts as an advisor to Agbotic, automated Organic soil greenhouses.

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These Female Execs are Driving Serious Innovation in Specialty Food

These Female Execs are Driving Serious Innovation in Specialty Food

This year's Summer Fancy Food Show was jam-packed with must-have specialty products and groundbreaking innovators reimagining the future of food. Foodable welcomed more than 15 innovators to the SFA Live Stage where we dissected some of the industries greatest issues and opportunities. Three innovators stood out from the pack, making major moves in their sectors. These are the Power Women of Specialty Food. Check out the full interviews above!

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Beyond Meat's Ethan Brown Credits Millennials, Whole Foods for Success

Beyond Meat's Ethan Brown Credits Millennials, Whole Foods for Success

Ethan Brown created Beyond Meat to solve animal cruelty, environmental degradation, and improve human health.

  • Beyond Meat's Burger and Sausage are in high-demand and now available through Sysco, Whole Foods, and TGI Fridays.

Ethan Brown grew up on a farm. It was this childhood that led him to believe that there had to be a different way to create delicious meats. Using science (and a little time) Brown developed a plant protein burger that has been lauded for its incredible performance as an imitation beef burger. Reviews illustrate nothing less than pure disbelief in tasting the “bleeding” burger.

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How Has Amazon Changed Whole Foods?

How Has Amazon Changed Whole Foods?

A year ago, the food industry was forever changed when tech giant Amazon announced it would be acquiring the high-end grocery chain, Whole Foods for $13.7 billion. 

Amazon CEO Jeff Bezos went to great lengths to keep the deal a secret. 

But once the deal was announced last June, grocery chains started to jump on the food delivery train quick in order to compete with the logistics giant. 

Kroger's stock dropped from $31 to $22 at the time of the acquisition and now it trades at around $24. 

Kroger recently invested in the meal kit company Home Chef. Target bought Shipt, a delivery company. Albertsons bought another meal kit company, Plated. All done by grocery rivals to stay competitive with Amazon. 

At the time of the acquisition, Whole Foods same-store sales were declining 1.5 percent, so it's safe to say, the chain needed to be revamped. 

Amazon immediately slashed Whole Food's prices and started offering Amazon Prime members promotions. 

Then Amazon started to sell its products like the Echo in store and started offering free delivery for Prime members. 

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