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Technology Advances Shaping Future of Food Security (TechVision)

  • 45 pages, published in December 2015
  • By Frost & Sullivan
  • Report Number: 3558378

Summary

Table of Contents

Detecting Contaminants and Enhancing Food Nutrition

The TechVision division of Frost & Sullivan has evaluated the advances in food security technologies, and identified key innovations that will have an impact on empowering food security in the near-, medium-, and long-terms. As the food security industry has high standards for machines and components, it is critical to design sensors, especially for this industry and to meet internationally accepted standards and guidelines.
The requirements of the food security industry are varied and companies need to offer diverse solutions and have an extensive product portfolio for every step in the automation process. Companies need to identify the key elements of transformation faster and apply strategies for better engagement and interaction with the other companies in food security domain.

Research Methodology Step by Step Approach
Step 1: To provide a thorough analysis of each topic, TechVision’s analysts perform a review of patents to become familiar with the major developers and commercial participants and their processes.
Step 2: Building on the patent search, the analysts review abstracts to identify key scientific and technical papers that provide insights into key industry participants and the technical processes, on which they work.
Step 3: The analysts then create a detailed questionnaire with content created to address the research objectives of the study, which functions as a guide during the interview process. While the analysts use structured questionnaires to guarantee coverage of all the desired issues, they also conduct interviews in a conversational style. This approach results in a more thorough exchange of views with the respondents, and offers greater insights into the relevant issues than more structured interviews may provide.
Step 4: The analysts conduct primary research with key industry participants and technology developers to obtain the required content. Interviews are completed with sources located throughout the world, in universities, national laboratories, governmental and regulatory bodies, trade associations, and end-user companies, among other key organizations. Our analysts contact the major commercial participants to find out about the advantages and disadvantages of processes and the drivers and challenges behind technologies and applications. Our analysts talk to the principal developers, researchers, engineers, business developers, analysts, strategic planners, and marketing experts, among other professionals.
Step 5: The project management and research team reviews and analyzes the research data that are gathered and adds its recommendations to the draft of the final study. Having conducted both published studies and custom proprietary research covering many types of new and emerging technology activities as well as worldwide industry analysis, the management and research team adds its perspective and experience to provide an accurate, timely analysis. The analysts then prepare written final research services for each project and sometimes present key findings in analyst briefings to clients.

Food Security–An Overview

What do we mean by Food Security?
In today’s business scenario, companies are constantly transforming the way they manage food while harvesting, processing, transporting, retailing, and providing food services. There is a need for real-time information for faster decision making processes, managing food remotely when transported and stored and along the distributed value chain, securing food in all the possible accessible places all the time, and helping
people to meet the healthy and active life requirements by providing secured healthy food without losing the nutritional value.

Why do we need Food Security?
- Digitization of distributed supply chain vendors is a key aspect in food security. With the global economic pressure to lower the consumption of unsafe food and to improve business efficiency to stay competitive in the market, securing food across the globe is very important and should be followed as a common practice.
- However, this effort by enterprises lacks the technological support that could effectively bridge the gap between business operations and safer end products to address customer demand.
- Food security related technology is already an established market, but constant change in threats to the food will generate advanced disruptive technologies in various domains, such as harvesting to consumption of food. Several technologies, such as data management, analytics, mobile and many more, working together in various domains will provide the opportunity for enterprises to expand their capability from only communication to better understanding of the market demands and improving their business operations for effective strategy implementation.

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