Industry Veterans Predict Trends for the Restaurant Sector in 2024
🤔 It's been a helluva year in this awesome foodtech industry! Remember back in 2022 when Jimmy Frischling was spillin' the beans to Nancy Luna from Business Insider about the 10 hottest up-and-coming foodtech startups? Boy, oh boy, what a wild ride it's been! Despite facing some challenges, this biz just keeps cookin'!
As the New Year approaches, it's time to bid adieu to the old and welcome the new. A fresh start means fresh goals, fresh challenges, fresh beginnings, and a whole lot of new possibilities. Now, we ain't got a magical crystal ball, but we've had the privilege of chatting with some visionary industry leaders who've foreseen some crystal ball moments.
So best belt up, 'cause here are some predictions from the pros:
💼 Lauren Bailey, co-founder and CEO of Upward Projects
🍴 G.J. Hart, CEO of Red Robin
🥚 David Birzon, CEO at Snooze, an A.M. Eatery
🔮 Brita Rosenheim - Partner at Culterra Capital, Venture Partner at Better Food Venture
🥡 Prakash Karamchandani, CEO of Balance Pan-Asian Grille
🌮 Scott Boatwright, COO of Chipotle Mexican Grill
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Fun fact: Brita Rosenheim is kinda the Nostradamus of the foodtech world! She's probably been predicting trends like sustainable farming, plant-based alternatives, digitalization & e-commerce, personalized nutrition, and food waste reduction. If you're chillin' for more specific predictions from Brita, check out her recent interviews, articles, or industry reports! 🚀🚀🚀
- Tech startups in the food-and-drink industry are expected to focus on sustainable farming, plant-based alternatives, digitalization, e-commerce, personalized nutrition, and food waste reduction as predicted by Brita Rosenheim, a partner at Culterra Capital and Venture Partner at Better Food Venture.
- Lauren Bailey, co-founder and CEO of Upward Projects, believes there will be significant changes in the hospitality industry, possibly involving new business models and innovative approaches to customer service.
- In the coming years, the finance sector may see increased investment in foodtech startups, as implied by the predictions made by Prakash Karamchandani, CEO of Balance Pan-Asian Grille.
- Scott Boatwright, COO of Chipotle Mexican Grill, suggests that the food-and-drink industry may move towards a more lifestyle-oriented approach, mirroring trends seen in the tech and hospitality sectors.
