Southeast Asia’s AgriFoodTech sector offers strong growth opportunities. This report offers insights into different markets across the region and highlights Singapore’s role as a hub for R&D, innovation and fundraising for the sector.
This report is published by Forward Fooding, in partnership with Singapore Economic Development Board (EDB). In collaboration with Dr.Dalal AlGhawas, Leonardo Paradisi, Sol Penteville, Chloe Perez, Max Leaveu and Alessio D’Antino Southeast Asia’s growing middle-class population is demanding better-quality and nutritious food options, making it a growth market for the AgriFoodTech sector. If the region were a country, it would be the world’s fifth-largest economy. Already, it is home to more than 270 AgriFoodTech startups. Singapore, as a stable and connected global business centre, has emerged as a key food technology hub, while countries like Thailand, Malaysia, Indonesia, the Philippines and Vietnam offer favourable large-scale manufacturing opportunities. AgriFoodTech in Southeast Asia, developed by Forward Fooding in partnership with the Singapore Economic Development Board, highlights the state of play in Southeast Asia’s promising AgriFoodTech ecosystem and its strong growth prospects. Through deep dives into the different markets and the challenges and opportunities they offer, the report offers readers usable information to consider entering and expanding into the region, and contributing to innovative and sustainable food production. Download the Full Report here: https://www.edb.gov.sg/en/business-insights/market-and-industry-reports/agrifoodtech-in-southeast-asia-2023-ecosystem-report.html