Combined company value of food technology unicorns worldwide in 2020, by region

The term “unicorn” is used in the venture capital industry to describe a startup company with a value of over one billion U.S. dollars. As of March 2020, food technology unicorns in Asia had the highest combined company value at 274 billion euros. Meanwhile, food tech unicorns Europe had the lowest combined company value at 92 billion euros.

What is the leading food technology unicorn in the Americas?

In 2021, food technology unicorns in the Americas were ranked according to company value. Uber Eats was ranked first with a company value of 46 billion euros, while Chewy ranked last with a company value of 29 billion euros. In that year, the food technology unicorns in Europe were similarly ranked according to company value. Delivery Hero was the food technology company in Europe with the highest value at approximately 27 billion euros.

What is the value of the global food technology market size?

The food technology market size worldwide was valued at 220.32 billion U.S. dollars in 2019. Due to advancing technologies within the food industry, as well as a demand for healthier, cheaper, and safer food products, the value of the global food technology market is expected to grow. By 2027, the market is forecast to exceed 342 billion U.S. dollars.