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We found this interesting article about who is leading in personal food recommendations for the world of AI. The article also has some useful charts, including the geographic reach vs application divserity of Key players in personalized food recommendation and another informative graphic on patent volumes related to personalized food recommendation. So click on the link and check the article.
But if you don't have time to read it yourself, we have a summary for you.
Source: Artificial intelligence: who are the leaders in personalized food recommendation for the consumer industry? (Updated September 15, 2023)
Summary: AI is playing a pivotal role in the food consumer industry--an industry driven by convenience, technology, and personalization. The latest impact comes in Personalized Food Recommendation tools that incorporate dietary goals, health status, allergies, food preferences, and context. These tools provide customized food suggestions, ranging from recipes to intelligent virtual shopping carts. Over 60 companies (from tech giants to emerging startups) are actively involved in this sector.
Leading the way in patent filings are companies like Baxter International, Panasonic, and DNAnudge. DNAnudge's partnership with Holland & Barrett exemplifies how genetic profiling can guide individuals towards healthier eating habits. As health-consciousness rises, the demand for personalized nutrition advice is growing, presenting significant opportunities for companies in this space.
Commentary: The consumer industry is witnessing a surge in patent innovation driven by convenience, technology, personalization, and the growing importance of technologies like the Internet of Things (IoT) and artificial intelligence (AI). Over the last three years, there have been more than 662,000 patents filed and granted in the consumer industry, as reported by GlobalData's study on Artificial Intelligence in Consumer: Personalized Food Recommendation.
According to GlobalData's Technology Foresights, which analyzes innovation intensity for the consumer industry using over 116,000 patents, there are more than 30 innovation areas that will shape the industry's future.
One key innovation area is personalized food recommendation powered by artificial intelligence. These systems leverage user-specific data, including dietary goals, health status, allergies, food preferences, and context, to offer tailored food suggestions. These systems can range from simple apps generating recipes based on user preferences to complex networks monitoring consumption, analyzing data from multiple sources, and providing intelligent virtual shopping cart functionality.
GlobalData's analysis identifies companies leading the way in various innovation areas and evaluates the potential impact of their patenting activities across applications and regions. Over 60 companies, including technology vendors, established consumer firms, and emerging startups, are actively involved in the development and application of personalized food recommendation.
In terms of patents filed, the top companies in this field include Baxter International, Panasonic, and DNAnudge. DNAnudge, for instance, partnered with global health and wellness retailer Holland & Barrett to introduce DNA-personalized services in its London flagship store. The service interprets individuals' genetic profiles related to crucial nutrition-related health aspects, enabling informed dietary choices tailored to their unique genetic makeup and lifestyle, ultimately promoting healthier eating habits.
Maxingvest leads in application diversity, while Shiseido and DNAnudge follow closely.
Regarding geographic reach, Baxter International takes the lead, trailed by Biomerica and DNAnudge.
With a growing emphasis on health-conscious choices, there is an increasing demand for personalized nutrition advice. Companies that provide customized food recommendations based on individual dietary preferences, goals, and health conditions are well-positioned to capitalize on this trend.
For a deeper exploration of the key themes and technologies reshaping the consumer industry, access GlobalData's latest thematic research report on Artificial Intelligence (AI) in Consumer Goods.
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