What is generative AI in the FMCG market?

Generative AI in the FMCG market refers to the use of advanced algorithms and neural networks to create new product ideas, improve existing offerings, optimize supply chain management, and enhance marketing strategies. It involves analyzing vast amounts of data to generate innovative concepts, simulate product variations, optimize inventory levels, and personalize customer experiences.

How big is Generative AI in FMCG Market?

The Global Generative AI in FMCG Market size is expected to be worth around USD 57.7 Billion By 2033, from USD 7.9 Billion in 2023, growing at a CAGR of 22% during the forecast period from 2024 to 2033.

Which region accounted for the largest Generative AI in FMCG Market?

In 2023, APAC held a dominant market position in the generative AI sector within the FMCG industry, capturing more than a 38% share.

Who are the key players in the Global Generative AI in FMCG Market?

Some of the major key players are IBM, Microsoft, Google Cloud, Amazon Web Services (AWS), SAP, Oracle, Accenture, Capgemini, SAS, Alibaba Cloud, Other key players

What are the key drivers of growth in the generative AI in the FMCG market?

The key drivers of growth in the generative AI market in the FMCG industry include accelerated innovation and product development, enhanced customer experiences through personalization, improved supply chain management and logistics optimization, and the ability to gain a competitive edge by staying ahead of market trends and consumer demands.

Global Generative AI in FMCG Market By Component(Generative AI Software, Generative AI Services), By Application(Demand Forecasting, Product Design and Innovation, Personalized Marketing, Price Optimization, Supply Chain Optimization, Consumer Insights, Content Generation, Quality Control, Packaging Design, Promotion Planning, Others), By FMCG sub-industries(Food & Beverages, Household Products, Personal Care and Hygiene, Electronics and Appliances, Others), Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: June 2024
Report ID: 120926
Number of Pages: 354
Format:

- International Business Machines Corporation Company Profile
- Microsoft Corporation Company Profile
- Google Cloud
- Amazon Web Services (AWS)
- SAP SE Company Profile
- Oracle Corporation Company Profile
- Accenture plc Company Profile
- Capgemini SE Company Profile
- SAS
- Alibaba Cloud
- Other key players
Settings

Related Reports

Our Clients

Inquiry Before Buying

Report ID 120926
Published Date June 2024
Rating
- ★★★★★
  
  ★★★★★
- (90)

Buy Now

Trusted by more than 17382 organizations globally

✖

Request a Sample Report

We'll get back to you as quickly as possible

	Single User $6,000 $3,999 USD / per unit save 24%	Multi User $8,000 $5,999 USD / per unit save 28%	Corporate User $10,000 $6,999 USD / per unit save 32%
e-Access
Report Library Access
Data Set (Excel)
Print
Company Profile Library Access
Interactive Dashboard
Free Custumization	No	up to 10 hrs work	up to 30 hrs work
Accessibility	1 User	2-5 User	Unlimited
Analyst Support	up to 20 hrs	up to 40 hrs	up to 50 hrs
Benefit	Up to 20% off on next purchase	Up to 25% off on next purchase	Up to 30% off on next purchase
	Buy Now ($ 3,999)	Buy Now ($ 5,999)	Buy Now ($ 6,999)