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Food Business Review | Saturday, February 12, 2022
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Technological advancements are helping businesses boost efficiency and cost-effectiveness in the food and beverage industry.
Fremont, CA: Digitalization, climate changes, and wellness fuel new trends in food tech and gain insight into a valuable consumer. The food and beverage industry has grown proportionally over a few years. Major trends like the shift to natural ingredients, the heightened appeal of functional drinks, and an increase in artisanal spirits' popularity are at play here. Numerous new trends in the industry are energizing this market expansion, and technology supports fuel evolution.
The influence of technology in the food and beverage industry is reinventing food production and sourcing methods. Integrating robotics, data, and applications in these applications is among the current technology used in the food and beverage industry and can give greater efficiency. Technology can also enhance processing and packaging techniques. The manufacturers rely highly on technology to produce effectively for the world's ever-expanding population.
Here are a few modern technologies used in the food and beverage industry.
Artificial intelligence
AI offers enormous potential for the growth of the food and beverage industry. Consumer demands are changing apparently by the minute, and AI can help food and beverage businesses continue with the pace. With the adoption of AI, food & beverage companies can understand their customers' preferences and tastes and then employ it to create new recipes and forecast inventories. By tracing the historical data for customer preferences and habits, AI can use these metrics to forecast the sales cycles.
Internet of things
Internet of Things (IoT) technologies are instrumental in improving the performance of the food and beverage industry, particularly when coupled with AI to help process the enormous amounts of data gathered by these technologies. Analytics programs can use this data to identify the trends and patterns that the food and beverage business can leverage to achieve a competitive edge. Several companies are also utilizing IoT in the form of sensors.
Automated guided vehicles
Introducing self-driving cars is a new trend in the food and beverage industry. The industry previously distrusted automated guided vehicles (AGVs), which are software-controlled unmanned vehicles that depend on sensors to detect obstacles and read the signals from devices like beacons and lasers. There has been a constant shift in industry opinion towards technology, specifically when self-driving cars obtain mainstream acceptance.