Frutarom Ltd. Israel is opening FoodNxt, its fully equipped innovation lab for food-tech startups, in north of Israel. The company invites Israeli food-tech and ingredient companies to join in for mutually beneficial collaborations. The innovation lab will focus on developing all-natural ingredients for the global food and beverage industry.
More than 80 food-tech startups are based in Israel, with rapid double-digit growth rate expected by 2020.