article thumbnail

Future Food Tech: How Modern Is Changing the Way We Eat

The Product Coalition

The emergence of new technologies, mobile app-based services such as food delivery service apps , QR codes, traceability software, and numerous others have resulted in a radical transformation of the food industry. billion by 2027, at a CAGR of 6.0% The global food tech market was valued at USD 220.32 over the forecast period.

article thumbnail

The Flavor Industry Rise As A New Global Food Trend

The Product Coalition

Due to the fast-faceted customer preferences, the demand for ready-to-eat food products has been increasing. Thus, this aids the development of the food flavor market. Moreover, many custom software development companies introduce various food industry software systems that make food readily available to customers.

article thumbnail

Travel Management Systems: Smart Apps Designed To Facilitate Business Travel

The Product Coalition

Consequently, travel software development companies come up with a solution called travel management system. A travel management system is software that manages all aspects of your business travel. The global market for business travel is expected to post a CAGR of 3% from 2020 to 2027.