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Food & Beverage briefing

How Agentic Advancements are Delivering Beverage Products that Captivate Consumers

mTab

· 2 min read

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How Agentic Advancements are Delivering Beverage Products that Captivate Consumers

Creating beverages that captivate consumers is both an art and a science, yet it is becoming increasingly challenging given the evolving consumer demands. According to Beverage Industry, satisfying consumer cravings for flavor and functionality is essential for repeat purchases for brands across the beverage spectrum, including The Coca-Cola Company, PepsiCo, Keurig Dr Pepper Inc., Red Bull, Monster Energy, CELSIUS and hiyo, to name a few.

Yet with upwards of 80% of new F&B products failing within two years, the stakes are increasingly high. Industry data shows that 67% of trade promotions fail to break even, underscoring a critical need for smarter product development and market strategies that anticipate consumer preferences and align with tastes.

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This challenge exemplifies F&B's shift toward data-driven decision-making, where understanding consumer preferences is paramount. In a $1.9 trillion beverage market, aligning product design with consumer expectations can vastly improve launch success rates and market share. Many F&B brands are already embracing this agentic-powered approach. As private labels grow twice as fast as branded products, missing these insights risks significant competitive disadvantages.

"Understanding the subtle nuances of consumer taste preferences is crucial for product success," says Roger Sanborn, Chief Product & Technology Officer at mTab.ai. "AI-driven insights can improve launch success rates by upwards of 45%, identifying emerging trends 6 to 9 months earlier, thus delivering unmatched competitive advantages across product development, inventory management and market promotions."

For example, mTab integrates point-of-sale data, panel reports, social media dashboards, sales insights and survey results to help F&B brands make faster, smarter decisions that enhance product appeal and boost ROI. As much of the industry continues to figure out how to navigate this transformation, those that are engaging these data-driven advancements are gaining a formidable edge across their market segments.

See how leading global F&B brands like Nestlé, Danone and Kellanova are leveraging agentic advancements to integrate their enterprise-wide fragmented data sources to deliver prescriptive insights and automated actions that maximize promotion ROI, predict consumer trends and optimize shelf performance.

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