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Food Tech Focus: Food Tech 500

February 2020

 

FT500.jpeg

“Forward Fooding has launched its Food Tech 500 – a Fortune 500 of the food tech world – lifting the lid on the sector’s ones to watch.”


Food delivery is booming, app ordering is now second nature, and society expects to eat what it wants, when it wants it.

Using science and technology to create new types of food and drink, such as plant-based proteins, lab-grown meat, snacks made from insect protein, or coffee powder made from mushrooms is now the norm. And with the market predicted to be worth $250bn by 2020, and a host of exciting innovation hitting the market each month, it really is an exciting time for food tech[1]

To celebrate this growth, Forward Fooding has launched its Food Tech 500 – a Fortune 500 of the food tech world – lifting the lid on the sector’s ones to watch. 

Here are some of our key take outs from the event:

1.     A move towards growing food in the city 

The inspiring Johan Jorgensen from Sweden Food Tech challenged our thinking on traditional farming, and local equalling sustainable. He tipped growing urban environments as the next big thing – so expect to see more indoor farming utilising Co2, and more proteins made from fresh air à la Solein

2.     Nestlé is leading the way

According to the event, it’s three cheers for Nestlé who is leading the way, putting 2% of revenue back into R&D v the majority of food businesses who invest just 0.2%. 

3.     Vertical and tech-led farming is where it’s at

Four out of the top 10 on the Food Tech 500 list are either indoor farms, or companies which provide tech to maximise their productivity. We can’t wait to check out Growing Underground who sustainably grow fresh micro greens and salad leaves 33 metres below the busy streets of Clapham.

[1] BIS: https://bisresearch.com/industry-report/global-food-tech-market-report-forecast.html

 

 

Insights & Trends

QSRs – is a lack of local relevance stunting your growth?

June 2026

By Rachel Taylor, managing director, William Murray

I had a great day at the QSR Redcat Media and Awards Conference on 22 June 2026, listening to operators, brands and suppliers unpack the future of growth. 

More data. More tech. More channels. More pressure on margins. 

But walking away, one thought stuck with me:   

Most QSR brands aren’t struggling to grow; they’re struggling to matter where it counts. 

Growth in this sector rarely unravels in strategy decks or boardroom discussions. More often, it is won or lost site by site, in local communities and on local high streets. 

Customers clustered in their differing localities don’t experience “the brand” in the abstract. They experience that single location, in a specific moment, in the context of their everyday lives. And that moment is far more fragile than many assume. 

If the experience feels too generic, inconsistent or disconnected, the decision is simple: customers will be indifferent.  And no one wants that. 

So how do you win? 

Look at how the high street is shifting and being redefined. It’s no longer just a place of convenience. It’s evolved to be something more social, more experiential and more community-driven – a space of connection, routine and identity: 

  • where people go to break up their day 
  • where older audiences seek a sense of connection over something simple such as a coffee and a slice of cake 
  • where date nights, small celebrations and everyday rituals play out 
  • where younger consumers spend time, choosing brands that say something about who they are because it’s social currency. 

This all points to the evolving role QSR brands need to play. The question has moved beyond: “How do we drive footfall?” It’s now: “How do we earn a place in people’s lives locally?” 

Are franchisees the most underutilised growth lever? 

Many QSR brands are stronger than ever centrally – with sharper positioning to more sophisticated channels.  But that strength doesn’t always translate consistently at a local level. 

This is where the franchisee comes in. 

They sit closer to what’s actually happening in local markets than any central team ever can. They see the nuances: how footfall shifts, how local competitors behave, what resonates culturally, customer profile types and what falls flat. 

That’s the missed opportunity when it comes to your comms programme.  

When franchisees are properly engaged and contribute to their localised comms plan, believe in it and are equipped to bring it to life, the difference is tangible. A QSR branch becomes embedded within its community, teams operate with more confidence and customers respond differently 

Why community comms is the growth boost needed 

This is where communications plays a far more important role in unlocking growth than it’s usually given credit for. 

Getting under the skin of each community to shape bespoke campaigns that capture attention and win mindshare makes a huge difference in a fiercely competitive market.   

Locally relevant comms strategies should not be viewed as a quick customised bolt-on task.  They are a growth strategy because no two locations behave the same or expect the same things. No single playbook can account for every local nuance. 

In today’s market, local relevance is the strategy. 

 

Want to hear more? 

If you’re looking at how your brand performs site by site and where the gaps are between strategy and reality, it’s worth a conversation. 

At William Murray PR & Marketing, we help QSR brands close that gap, building communications strategies that actually drive behaviour, consistency and growth on the ground.