AI is used more and more in product development for:
1) Digitizing consumption insights
2) Ingredient discovery and substitution
3) Trend identification
4) Recipe optimization
5) Accelerating R&D
6) Improving efficiency and sustainability:
7) Combining with human expertise
8) Exploring new flavors and ingredients
Who are the leading companies in this field? Take 16!
Foodpairing AI (BE)
Foodpairing, founded in 2009 is a leading data and business intelligence company that specializes in predicting successful product formulations and accelerating product development in the food and beverage industry. The company utilizes artificial intelligence and machine learning algorithms to analyze consumer flavor preferences, digitize flavors, and optimize recipes. Foodpairing's AI-powered platform helps CPG (Consumer Packaged Goods) companies develop better products faster by providing insights into flavor combinations, consumer trends, and personalized dietary recommen
Black Swan Data (UK)
Black Swan Data is a technology and data science company that provides predictive consumer trend insights through its SaaS platform called Trendscope. The company uses artificial intelligence, deep learning, and natural language processing to analyze millions of real-time, publicly available social media conversations, blogs, and news sources to predict future consumer trends and behaviors. Black Swan Data's platform helps businesses, particularly in the consumer packaged goods (CPG) industry, make data-driven decisions for product innovation, marketing strategies, and supply chain management.
Tastewise (IL)
Tastewise is an artificial intelligence platform that provides data-driven insights for the food and beverage industry. The company offers services such as consumer and market insights, food service execution, and digital marketing to help brands innovate faster, improve marketing strategies, and increase sales. Tastewise utilizes AI algorithms to analyze billions of data points from social media, recipes, and menus to provide real-time insights into consumer food and beverage behavior. CEO: Alon Chen
AKA FOODS (IL)
AKA FOODS is an Israeli food-tech company that specializes in developing plant-based food products using artificial intelligence. The company leverages deep learning and graph neural networks to digitize plant-based food, map molecular structures, and create authentic products for mainstream adoption. AKA FOODS applies AI methods to food development to predict unique combinations of ingredients, aiming to revolutionize the plant-based food industry.
Ainova Food Analytics is a startup founded in 2020 that develops an AI platform to help food companies create healthier and more sustainable food products. The company's technology accelerates the research and development process for food formulations, allowing manufacturers to create new foods, modify existing recipes, or replace animal ingredients with plant-based alternatives. Ainova's platform enables the development of plant-based foods with nutrient bioavailability comparable to meat, as well as the creation of foods using local ingredients. By reducing manufacturing time and costs for food producers while providing nutritional labeling through its AI platform, Ainova aims to facilitate the production of low-carbon footprint foods.
Spoonshot (USA)
Spoonshot is a food intelligence company that leverages artificial intelligence and food science to provide insights and predictions for the food and beverage industry. The company's AI-powered platform, known as #foodbrain, analyzes data from over 28,000 sources to help food and beverage professionals discover emerging trends, generate product concepts, and make data-driven decisions for innovation. Spoonshot offers features such as trend prediction, concept generation, and competitive landscape analysis, catering to various roles including consumer market insights, R&D, and innovation professionals.
Gastrograph AI (USA)
Gastrograph AI is a company that uses AI to provide deep insights into food and beverage products using the world's largest sensory database. Gastrograph AI's technology enables food and beverage manufacturers to make data-driven decisions, reducing time to market and guesswork in product development. The company's platform analyzes flavor, texture, and aroma preferences, utilizing over 1 billion data points collected across more than 30 countries to provide accurate and individualized product and market insights
Brightseed (USA)
Brightseed is a biosciences and artificial intelligence company that develops technology to discover and map bioactive compounds in plants and their impact on human health. The company's proprietary AI platform, Forager, has cataloged over two million plant compounds and predicts their potential health benefits, significantly outpacing existing scientific literature. Brightseed partners with food, nutrition, and health companies to develop clinically-validated, natural ingredients for various applications, including metabolic health, digestive health, and cognitive function.
Journey Foods (USA)
Journey Foods specializes in an artificial intelligence (AI) powered platform designed to streamline supply chain and food product management for the food industry. The company provides tools for ingredient sourcing, product development, and portfolio management, enabling food companies to innovate and launch products more efficiently. Journey Foods primarily serves the packaged foods market, offering solutions that facilitate optimized formulations based on sustainability, nutrition, and cost considerations. CEO: Riana Lynn
Shiru (USA)
Shiru is a biotechnology company that specializes in discovering and developing novel, sustainable protein ingredients for the food industry. The company utilizes artificial intelligence, bioinformatics, and precision biology through its proprietary Flourish™ AI engine to identify highly functional proteins found in nature, significantly reducing the time and cost of ingredient discovery. Shiru's technology enables them to create non-animal proteins suitable for potential new food applications, offering solutions like their OleoPro™ platform, which transforms liquid oils into structured fats.
The Live Green Co (USA)
The Live Green Co is a food-tech company that uses artificial intelligence to develop plant-based food products and clean up food labels. Their proprietary AI platform, called Charaka, discovers plant-based replacements for animal ingredients, synthetics, and highly processed ingredients. The company has recently expanded into precision fermentation to synthesize rare plant compounds at scale, aiming to create more sustainable and healthier food options. CEO: Jasmin Hume, PhD
Ai Palette (SG)
Ai Palette is a company that uses artificial intelligence to accelerate food and beverage innovation in the consumer packaged goods (CPG) sector. The company offers AI-driven services for discovering emerging trends, creating new product concepts, and virtually validating these concepts based on consumer preferences. Ai Palette's flagship products include the Foresight Engine, a live trendspotting dashboard that predicts trend growth, and Concept Genie for generating product concepts. Tastry: Specializes in AI and analytical chemistry within the wine industry, providing predictive analytics services that match consumer preferences with wine chemistry. CEO: Somsubhra GanChoudhuri
Thimus (IT)
Thimus is specialized in applying neurotechnology and artificial intelligence to understand human behavior and decision-making processes. The company focuses on bridging the gap between neuroscience and real-world applications, particularly in the areas of consumer behavior, product development, and marketing. Thimus leverages artificial intelligence to process and interpret complex neurological data, translating it into actionable insights for businesses as well as analyzing large datasets of neurological responses to identify patterns and trends in consumer behavior. CEO: Mario Ubiali
Aromyx Corporation (USA)
Aromyx is a sensory science and data company specialized in applying biotechnology and data science to capture unique sensory data, particularly in the realms of taste and smell. Key activities and innovations of digitizing Scent and Taste: Aromyx has developed technology that biologically replicates the human senses of taste and smell, bringing these senses into the digital realm including a consumer-facing sensory recommendation AI technology. This AI system suggests food, beverage, or fragrance products based on how a product's taste or smell matches an individual's preferences. AI is employed in conjunction with their biological data to predict scent preferences.
Tastry (USA)
Tastry, founded in 2016, is a sensory sciences company that specializes in using artificial intelligence to analyze and predict consumer preferences for products like wine, beer, and spirits. The AI-powered flavor analysis analyzes the chemical compounds in beverages and translates them into flavor profiles. The AI system can also predict individual consumer preferences based on their unique sensory profiles and can thus match consumers with products they are likely to enjoy, improving customer satisfaction and sales for retailers. CEO: Katerina Axelsson
Ajinomatrix (BE)
Ajinomatrix, founded in 2018, focuses on digitizing the senses of taste and smell for the food industry. The company offers sensory software that uses artificial intelligence to digitally measure taste and smell, providing easy-to-interpret data for decision-making in food science and product development. By offering customizable applications and open-source AI software, Ajinomatrix seeks to create a new standard for sensory data digitization in the food industry, potentially revolutionizing how food companies approach taste and aroma analysis. CEO: François Wayenberg
Comments