Coffee’s rep spikes or crashes, depending on the research du jour, very often for the impact caffeine - one of its main active ingredients - can have on health. Here, we're looking at emerging caffeine alternatives for consumers looking to move away from caffeinated food and drink but still want something for that energy boost. Caffeine Alternatives On The … [Read more...] about Top Caffeine Alternatives Backed By Food Science & AI
Plant-based food retail sales in the US were worth $7 billion in 2020. Market research in plant-based food shows a 27% growth rate in the US for products replacing animal-derived options. Data shows that a total of 57% of U.S. households purchased plant-based food in 2020. We can all agree that the impact of pandemic on the F&B industry was enormous. However, the shift … [Read more...] about Plant-based Food Market Research Data in USA & Its Trend Analysis
As the pandemic transforms our shopping and eating habits, it has also brought to light the importance of healthy food in our lifestyle. Food is not just for sustenance, but a means to flourish and stay well. With more consumers turning away from processed foods, food and beverage companies need to rethink their strategy to maintain relevance in a post-COVID … [Read more...] about Food and Beverage Industry: Challenges and Opportunities
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
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
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?
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?
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
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
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