Find out what the VAT rates are

Find out what the VAT rates are

Find out how technology is changing the food industry. What are the three ways technology is changing the food industry. Any company that survives for more than a few decades has certainly gone through numerous changes in the industry. Technology is equivalent to innovation forcing companies to modernise and reinvent themselves in order to be further relevant in the market in which they operate.

From ghost restaurants to robots or smart ovens that can read recipes, technology in the HoReCa industry will continue to evolve more and more. Automation, robots and artificial intelligence (AI) will be an important part of this. In addition, consumers will be able to influence food technology trends through their preferences and shopping habits.

Ghost Restaurants: The number of ghost restaurants, also known as delivery restaurants, will continue to grow in the coming period. Such establishments are designed only for cooking food and delivering it to consumers who place orders online. Although orders cannot be received directly, consumer demand has become increasing, strongly influencing these types of restaurants. As customers request deliveries as quickly as possible, such businesses will turn to robots and greater automation for efficiency. Smart ovens: Smart ovens will continue to do many things at the same time, replacing various appliances in the kitchen. The number of ovens that allow you to select the meal you want will increase in quite a large proportion. As technology expands, you can expect to meet smart ovens that can read recipes and automatically create your dish, using augmented reality apps that help you recognize the ingredients you use.

Data collection: whether we are talking about large chains of independent restaurants or cafes, personal data collection is essential for them. With artificial intelligence, companies collect data on restaurant trends and consumer habits. They can extract the information they consider useful and, because of them, develop new products or exchange current items.

In 2019 you can already expect to see how AI, automation and/or robots play an important role in the food industry. Now, for small companies it will be much easier to compete with large units, using technology to their advantage.

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