Speeds up product innovation and concept testing
Novelty Rating:
5
/5
Marketing & Advertising
|
Strategy
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Generative AI
Generating and evaluating CPG product concepts using AI-driven insights.
Mintel’s AI helps brands dream up smart new product ideas and quickly see which ones people might actually want.
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.
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.
Timeline:
3–4 months
Cost:
$150,000
Headcount:
4