Tastewise, an AI-powered market intelligence platform for the food and beverage industry, has launched its latest generative AI solution called TasteGPT. This new product is designed to provide speedy and contextual insights into infinite product ideas and help brands make decisions that are right for them. TasteGPT leverages Tastewise's proprietary AI and the largest dataset available on food consumption to provide speed, productivity, and increased new product success. It can shorten months of research and answer business-critical questions such as which product ideas are the best fit for Gen Z consumers, where to launch a new beverage product, and what the focus of the next marketing campaign should be. Traditional market research methods such as surveys, focus groups, and syndicated industry reports typically report data around 13 months late, missing significant behavioral shifts and making them unreliable in the current fast-moving consumer world.

Automation technology has been on a path of steady growth for years. Having been one of the top industry trends in 2022 based on extensive data evidencing its increasing importance in the food sector, it is safe to assume that these newfound solutions are here to stay, and for a reason. The future of manufacturing revolves around Industry 4.0, and AI is an intrinsic part of how product distribution practices are morphing to make room for machine learning and smart solutions. With this new era fast approaching, it is critical that manufacturers turn to automation and AI to deal with emerging trends within the food and beverage industry. The Covid-19 pandemic has accelerated the rise of new digital technologies, and as we emerge from the earlier, more challenging stages of the pandemic, we are faced with a world that relies even more extensively on automation.

Artificial intelligence (AI) has finally gained a firm footing across industries. Read more about AI in this blog.

Alex Owen-Hill is a freelance writer and public speaker who blogs about a large range of topics, including science, presentation skills at CreateClarifyArticulate.com, storytelling and (of course) robotics. He completed a PhD in Telerobotics from Universidad Politecnica de Madrid as part of the PURESAFE project, in collaboration with CERN. As a recovering academic, he maintains a firm foot in the robotics world by blogging about industrial robotics.

New York, NY, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled "Artificial Intelligence (AI) in Food and Beverages Market By Organization Size (Small, Medium & Large Enterprises), By Application (Food Sorting, Quality Control, and Safety Compliance, Consumer Engagement, Production and Packaging, Maintenance, and Other Applications), By End-Use Industry (Food Processing, Grocery, Hotels & Beverages Industry, and Others Region: Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026". "According to the recent research report, the demand of global Artificial Intelligence (AI) in Food and Beverages Market size & share expected to reach to USD 29.45 Billion by 2026 from USD 3.07 Billion in 2020, at a compound annual growth rate (CAGR) of 45.70% during the forecast period 2021 to 2026" Artificial Intelligence (AI) is the process of developing intelligent robots that act and react similarly to humans. The objective is to teach machines how to think intelligently in the same way humans do. Until recently, the machines did exactly what they were programmed to do. AI, on the other hand, will allow machines to think and behave in the same way that people do. In the food processing industry, artificial intelligence is being utilized to improve a variety of products, streamline operations, and improve the customer experience.

The possibilities are vast and the ability to inspire should not be undersold – this is a time to dream big. But in order to garner support for your AI ambitions, it is also necessary to demonstrate proof of concept. Here are some real-life examples of how AI can change the game for F&B manufacturers around the globe. AI systems deliver safer, more accurate production lines results with greater speed and more consistency than human workers. And on the factory floor, AI-based detection can be used to keep employees and equipment safer, identifying potential risks, such as a worker who has forgotten to wear the appropriate safety gear.

Digital disruption is affecting nearly every industry, from financial services to healthcare -- and the food and beverage sector is no exception. Historically, flavor profiles, trends and new food products have largely been attributed to chefs and product developers, and it would take months or years before an idea could be translated into a product and introduced to the market. In more recent years, however, the answer to the next big food or flavor trend has had less to do with humans and more with the power of big data and artificial intelligence (AI), which learns and mimics human behavior by collecting and analyzing millions of data sets concurrently. So how does harnessing technology translate into the next flavor or trend? As an example, spice company McCormick partnered with IBM in 2019 to leverage AI to predict new flavor combinations.

Most of us don't think about what has happened behind the scenes to prepare our container of milk or fruit juice as it cools us down on a warm summer day. Literally billions of drink cartons each year are cut, printed, assembled, filled and sealed in assembly lines before you pick up the one that was destined to be yours. But this is all far from mind as we pop open the container and drink the contents down. However, SIG, one of the world's largest providers of packaging systems for the food and beverage industry, is always thinking about this process and how to make it better and more efficient. So is its chief software analytics provider, GE Digital, which deploys its Predix internet of things software platform to optimize the carton maker's manufacturing process across 400 factories in 65 countries.

Sunnyvalle-based robotics and artificial intelligence startup 6d Bytes Inc. has launched an autonomous robotic station, Blendid, which will allow food services companies serve healthy and delicious blends of food. The product, Plug and Play, which has been displayed at an innovation centre in Sunnyvale, offers blended drinks, comprising fresh ingredients such as mango, spinach, blueberry, coconut water, kefir, banana and ginger, prepared by a robot, and without human intervention. Customers can use the mobile app or tablets at the robotic station to browse through the menu, customise their choice of food and make a payment, before the robot can take over the process of preparing and serving the blend within two minutes. "People want healthy and delicious meals on the go," said 6d bytes co-founder and CEO Vipin Jain. "Blended drinks is only the beginning. We will be adding more cuisines and formats in the near future. Marketed to food service operators and retail franchises, Blendid requires no staff and can be accessible 24 hours a day, making it a perfect choice for busy cafeterias, supermarkets, gyms, airports, stadiums and offices."

With retail undergoing a massive transformation, machine learning has become an innovative asset, changing the way organizations deliver customer experiences. As companies adopt advanced technologies that are easily implemented and show worthwhile return on investment, there is a massive opportunity to help customers take and complete this digital journey – not just to innovate, but to scale as a digital business. With artificial intelligence (AI) and machine learning platforms, organizations' front and back-office processes are evolving. Many food and beverage companies are using AI, machine learning, and automation to revolutionize critical aspects of their businesses. Food and beverage retailers who stand out are leveraging a suite of machine learning platforms to guarantee products are maintained properly.