With AI and ML growing phenomenally, it is safe to say that the future of food and beverage research and development lies in learning to sift through and analyze data. Spoonshot deploys AI and NLP to establish relationships between unstructured data points. While dining out is opening up again, the Food and Beverage industry has to contend with severe labor shortages and … [Read more...] about Spoonshot’s Insights For The Food & Beverage Industry
Archive
6 Beverage Industry Trends That’ll Encourage Beverage Innovation
Beverage sales climbed during the pandemic, leading to increased innovation in the beverage industry to accommodate demands from different categories. Current food and beverage industry trends focus on transparency and keeping pace with evolving customer demands. Soft drink value and volume sales in the licensed trade last year were just over a third of 2019 figures, while … [Read more...] about 6 Beverage Industry Trends That’ll Encourage Beverage Innovation
Food Insights: Is the Ready-To-Eat Food Market Expected to Expand?
The global market of ready-to-eat food products is expected to grow at a CAGR of 7.2% to US$195.3 billion by 2026. Food market research attributes this to an increasing number of people working longer hours. On-the-go consumption is an excellent option in these situations. Improved packaging techniques and advanced microwave technology have led to increased consumption of … [Read more...] about Food Insights: Is the Ready-To-Eat Food Market Expected to Expand?
What Are Your Favorite New Food Ideas in 2021?
2020 was … quite a year, to put it mildly. But, amidst all of the chaos, there were some moments of brilliance. Here is a list of our favorites! 1. Reduced Wastage An enforced lockdown has led to consumers being more aware of what is in their pantry and how to maximize resources. This has led to increased consciousness of the environmental consequences in tandem with the … [Read more...] about What Are Your Favorite New Food Ideas in 2021?
5 Ways Data Analytics Can Improve Food & Beverage Industry’s Bottom-line Performance
With concerns ranging from maintaining compliance across international standards amidst an evolving consumer landscape companies need to redesign their strategies. Food analytics is no longer optional, but a strategic imperative. Smarter strategies driven by predictive analytics in the food industry allow brands to keep pace with product commoditization, rising food … [Read more...] about 5 Ways Data Analytics Can Improve Food & Beverage Industry’s Bottom-line Performance
What can AI bring to the table for nutrition trends?
2020 has been tumultuous, to say the least. It has changed how people approach food, health, and nutrition. Food consumed every day is the basis of immunity and good health. A prominent health food trend for 2021 is the increase in awareness of nutrition. Nutrition trends today target personalized healthcare. Leveraging AI simplifies this across the board ranging from … [Read more...] about What can AI bring to the table for nutrition trends?
Successful Food and Beverage Startups with AI and Robotics You Need to Follow
The food industry is consumer-driven. With consumer demands expanding and developing, innovation is necessary to maintain brand credibility and competitive advantage. AI in the F&B market is expected to reach US$29.94 billion by 2026, at a CAGR of over 45.77%. Additionally, leveraging AI allows various food and beverage startups to bring unique insights with … [Read more...] about Successful Food and Beverage Startups with AI and Robotics You Need to Follow
The Future of the Beverage Industry with Artificial Intelligence
The personalized trends in food and beverage industry have led to the creation of products and applications using artificial intelligence (AI). Syskron, a subsidiary of Krones, has created the IIoT multi-client platform Share2Act, capable of interconnecting and mapping all machines used in production. The system also features numerous functions found in classic MES … [Read more...] about The Future of the Beverage Industry with Artificial Intelligence
How Food Industry is Positively Impacted in Year 2020 by AI Adoption
AI in the food and beverage market is expected to reach US$29.94 billion by 2026 at a CAGR of over 45.77%. Consumer demands are constantly evolving, and the food industry needs to keep up. An emerging 2020 food trend was deploying AI in food industry to understand consumer preferences, streamlining produce sorting, or cleaning complex equipment. 2020 has required innovation … [Read more...] about How Food Industry is Positively Impacted in Year 2020 by AI Adoption
What Are The 2022 Food Service and Dining Trends?
The pandemic has changed the face of the food and beverage industry. Enforced social isolation has led to restaurants having to innovate to stay in business. Let’s dive into some of the food service and dining trends of 2021 expected to continue into 2022. Healthy Food The pandemic has brought undivided attention to the kind of food being consumed. Restaurants have … [Read more...] about What Are The 2022 Food Service and Dining Trends?