How does

Mintel

Use AI?

Speeds up product innovation and concept testing

Project Overview

Generating and evaluating CPG product concepts using AI-driven insights.

Layman's Explanation

Mintel’s AI helps brands dream up smart new product ideas and quickly see which ones people might actually want.

Details

Mintel launched an AI-powered tool to help consumer packaged goods (CPG) companies rapidly generate and evaluate new product concepts. By combining generative AI with Mintel’s proprietary market intelligence, the tool produces data-backed ideas and assesses them against consumer trends, preferences, and market gaps. This shortens the concept development cycle and empowers brands to make faster, more confident decisions about which product ideas to pursue.

Analogy

It’s like a creative partner that not only brainstorms new snack flavors with you, but also checks if people would buy them—before you hit the kitchen.

Machine Learning Techniques Used

  • Generative AI: Generates and evaluates CPG product concepts using AI insights.
  • Concept Testing: Assesses ideas against consumer trends.
  • More Use Cases in

    Marketing & Advertising

    4

    /5

    Novelty Justification

    GenAI for rapid product ideation is a leading-edge application in CPG innovation cycles.

    Project Estimates

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