Artificial Intelligence (A.I.) represents a new perspective in the field of product development, pushing beyond previously unimaginable boundaries and ushering in a new era for the food industry. With the A.I. s capabilities, it can swiftly sort and analyze vast amounts of internet data in mere minutes or seconds, drastically reducing the product development cycle from 1-2 years (or at best, half a year) to as little as one month. This process is the result of coordinated efforts, as multiple A.I. systems, each excelling in different areas, collaborate on the development. With over a hundred A.I. systems already in existence worldwide, their collective operation ensures a high level of innovation.
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April 19, 2021
Sparkling drinks portfolio, fruit-drink brand Maaza drive growth
Beverage major Coca-Cola on Monday said it witnessed strong growth in India in the first quarter of 2021, driven by its sparkling drinks portfolio and fruit-drink brand Maaza.
In its global earnings statement, it said, “Strong growth in developing and emerging markets, led by China and India, was offset by pressure in developed markets, primarily the US and Western Europe.”
It added that sparkling soft drinks witnessed a growth of 4 per cent which was due to “solid growth” in China, India and Latin America.
“Nutrition, juice, dairy and plant-based beverages grew 3 per cent due to solid performance by Minute Maid Pulpy in China and Maaza in India,” the company said.