Flashfood diverted 37 million pounds of food from landfills and saved consumers more than $93 million on food, including $13 million in fresh produces, the technology provider said in its recently published 2023 impact report.
With the growing focus on personalization, the industry should present authentic data and information rather than scaring consumers into purchasing, experts agreed at the recent Future of Food Summit in Geneva ahead of Vitafoods Europe.
Hint: The evolution of artificial intelligence (AI) is less to do with glossy marketing campaigns and packaging visuals and more about uncovering the mystery of algorithms and getting a better handle on supply chain data.
It sounds like science fiction, but one biotech start-up has begun to transform industrial emissions into confectionery ingredients such as cocoa butter. Here’s how
CPG brands increasingly rely on AI technologies to crunch large data stores and find insight to win in the market, but many are falling short of their digital transformation goals due to outdated technology, Capri Brixey, EVP, strategy consulting at Insite...
Organic grocer, Earth Fare, collaborates with GenoPalate, a DNA-driven nutrition platform team up to offer personalized prepared meal kits and supplement blends that are tailored to users' genetic data, integrating both nutrition technology with...
Grocery technology provider Afresh is rolling out its platform to more than 2,200 Albertsons meat and seafood departments following a pilot program, as retailers turn to fresh-food assortments to differentiate from online channels.
CPG brands are using AI for a host of business tasks, but the key to unlocking its value might come down less to the technology and more to how humans are empowered to make better decisions, a panel of experts shared during the virtual Digital Food and...
The world is currently fraught with uncertainties, ranging from economic and political instability to the ongoing threat of climate change and supply chain shortages. Along with the ever-present shadow of Covid-19, these factors are impacting people’s...
In response to consumer demand for more plant-based and sustainable foods and ingredients, Nuritas’ “precision AI technology” identifies and delivers rare plant-based peptides at a faster rate than the industry standard, which can often take decades,...
Unilever is steadily gaining market share, boosting sales in fast-growing categories, lowering the cost of experimentation and improving its consumer engagement by doing more with less, CEO Alan Jope touted during the company’s investor day last month....
After three years of helping Kraft Heinz claw its way up “from the bottom,” where it crashed after previous management prioritized inorganic growth and cost-cutting measures, CEO Miguel Patricio wants credit given where it is due.
Kraft Heinz is reimaging its approach to food production and marketing to help offset inflation and increase value for consumers as they begin to consider their budgets and purchase priorities more carefully as prices across categories rise.
Israeli cultured meat firm Future Meat Technologies has its eye on Asia as a major market for its products with China and India as key targets, after notching-up two successes in significantly lowering production costs this year.
A strong economy and technological advances often are good for business, but a recent study conducted by the Food Marketing Institute suggests that these factors also can have negative repercussions on food retailers’ bottom line and as an extension the...
The food industry will continue to drastically reshape itself in terms of food retailing, production, and consumption, pointing to more change "in the next 10 years than in the last 50," according to global consulting firm Accenture Strategy.
US packaging company CSP Technologies plans to expand in the food industry through a deal to take over the Atlanta-based business Maxwell Chase Technologies.
Botanical ingredient supplier Gencor has teamed with Canadian company Radient Technologies to bring to market a new array of natural compounds suitable for use as functional food, beverage and dietary supplement ingredients.
On day two of the 8th American Food Technology & Innovation Summit in Chicago, delegates learned about plant-based egg replacers, the innovation process at Diageo and how MOM Brands embraces conflict...
Food firms must woo celebrity chefs and other ‘foodies’ more to help consumers understand the industry’s use of science, including biotechnology and nanotechnology, experts from the sector have argued.
The Canadian Government is funding research into novel packaging technology designed to extend the shelf life of fresh produce in a bid to boost access to international markets.
Food technology is a profession under attack – and both industry and government need to invest to ensure its future, says former IFT president Dr John Floros.
A major cereal brand is set to be re-launched in the US with new
scented fruity packaging that the manufacturer hopes will increase
the appeal of its product.
