The role of technological innovations in ensuring sustainable development of the food industry

Abstract

This article reviews the issues of applying various types of innovations in the food industry which innovations have been developed in order to maintain the required scope of food supply to population along with observing the environmental standards and rules. It is noted that achieving sustainable development of the food industry based on innovative approaches is a complex task that requires focusing efforts on several fields of activity. Attention is drawn to a number of challenges in the agricultural sector that have arisen due to the natural resources depletion, environmental pollution and due to other factors. These include, in particular, the presence of a systemic issue of interaction between agricultural business and science due to insufficient funding allocated for scientific rese