The beverage industry is riding a wave of transformation, fueled by trends that cater to modern consumers’ evolving tastes and values. From the rise of functional beverages enriched with health-boosting ingredients to the surge in demand for sustainable packaging, innovation is reshaping the way drinks are crafted, marketed and enjoyed.
Reports state that the global beverage tech solutions market, valued at $3.6 billion in2023, is estimated to grow to $6.4 billion by 2030, at a CAGR of 8.5 percent. This growth is driven by technological advancements that are revolutionizing the industry at every stage, from production to delivery.
A prominent trend is AI-powered flavor development, which allows brands to analyze vast datasets of consumer preferences and ingredient profiles to craft beverages tailored to individual tastes. Equally transformative is the use of IoT-enabled smart technologies in supply chains, providing real-time monitoring and enhanced transparency, reducing inefficiencies.
This edition of Food and Beverages Tech Review shines light on the latest innovations and trends in the beverage tech space, exploring how emerging technologies are transforming the industry.
It features thought leadership articles from industry experts, including Rick Stanbridge, CIO Emeritus of Marco’s Pizza, who discusses the importance and the reasons for switching to hundred percent cloud-based technology platforms. Jason Suarez, VP - Data Services, Digital and CRM Engineering, Platforms at Dine Brands Global delves into the challenges of prioritization faced by product managers, especially in complex, multi-brand environments like the restaurant industry.
The edition also features Modern Cooperage, a company that is transforming the winemaking and distilling industries with its innovative stainless-steel barrels.
We hope this edition featuring Top Beverage Tech Solutions Providers of 2024 helps you identify the best-suited partner for your business needs.
