AI

AI REDEFINES THE F&B EXPERIENCE 2024 – The secret ingredient to flavor and efficiency

Highlights of the report

The packaged food and beverage industry is undergoing a remarkable transformation with new trends which is likely to have a bag impact on consumer demand in the coming years. Alterative sources of food, sustainable practices and integration of technologies like AI and machine learning are shaping the future of packaged food and beverage industry.

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Globally, the demand for plant-based food has increased because of a growing vegetarian and vegan population. Concerns about health, sustainability, and allergies to animal products are driving this shift. Plant-based foods are seen as healthier. Henceforth, the market is expanding with products like egg substitutes and plant-based milk gaining popularity. The global plant-based food market is expected to reach $77.8bn by 2025, indicating a significant growth trend.

The major players in the packaged food and beverage market have been indulging in strategies like product innovation, mergers, acquisitions, partnerships, and geographical expansions which has helped them to gain an esteemed position in the market. Because of changing taste and preferences of consumers, companies are working hard to make new and better products to stay competitive.

The packaged food and beverage industry is undergoing a remarkable transformation with new trends which is likely to have a bag impact on consumer demand in the coming years. Alterative sources of food, sustainable practices and integration of technologies like AI and machine learning are shaping the future of packaged food and beverage industry.

Executive Summary
– Trends & opportunities
– Immense growth of plant based food
– Rise of AI in F&B sector
– By Region
– F&B industry milestones
– CrispIdea Outlook
– Conclusion
Key Players
– Kraft Heinz Co.
– Hershey Co.
– McCormick & Company Inc.
– Campbell Soup Co.
– J. M. Smucker Co.
– Mondelez International
– Kellanova
– W K Kellogg Co.
– Tata Consumer Products Limited
– Coca-Cola Co.
– PepsiCo Inc.
Company Reports
– Kraft Heinz Co.
– Hershey Co.
– McCormick & Company Inc.
– Campbell Soup Co.
– J. M. Smucker Co.
– Mondelez International
– Kellanova
– W K Kellogg Co.
– Tata Consumer Products Limited
– Coca-Cola Co.
– PepsiCo Inc.

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AI REDEFINES THE F&B EXPERIENCE 2024 – The secret ingredient to flavor and efficiency

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