Ingredient Informatics
Use of data, analysis, and artificial intelligence (AI) to reduce costs, improve outcomes, and accelerate development of new food and beverage products.
LUX TAKE:
Although it is still an emerging space, with only a handful of players, clients should view ingredient informatics as an efficient strategy to rapidly accelerate the development timeline for new product launches, thus enabling companies to address challenges around changing consumer preferences.
News Commentaries
Ingredient informatics startup NotCo announces the closing of USD 70 million in a Series D1 round (December 16, 2022)
Kraft Heinz and NotCo form new joint venture company to accelerate plant-based foods via machine learning (December 16, 2022)