Changing eating habits, food safety, and demand for new food is impacting food technology industry to great extent. Food technology is innovating rapidly due to stiff competition among manufacturers to gain consumer acceptance. To meet the demands of fresh and healthy food, emergence of new food technologies plays vital role to meet expectation of people. Manufacturers are aiming to implement technologies to provide food products without additives and heat treatment. The research on food technology industry offers drivers and challenges to help manufacturers to gain thorough understanding of the industry. The study also provides key insights on modern trends along with changing market trends. The research offers detailed segmentation and development trends of the industry. It also helps businesses and investors by providing precise market statistics to implement various strategies to consolidate their position in the global market.
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