Data - The Essential Ingredient For Driving Innovation In Food Manufacturing

• Published date: 22 May 2023
• Subject Matter: Intellectual Property, Food, Drugs, Healthcare, Life Sciences, Licensing & Syndication, Food and Drugs Law
• Law Firm: Potter Clarkson
• Author: Ms Georgia Carr

The increasing availability of data provides opportunities for better decision making in the food manufacturing industry, playing a key role in minimizing waste, supply chain costs and inefficiencies in the production process, as well as forming the basis behind many new products and technical advancements.

Businesses in the sector (and beyond) are therefore seeking to capitalize on the boom in the 'data economy', with so-called 'Big Data' leading to, and being intrinsic in, innovations in food production.

Data-driven innovations are offering companies an all-important competitive advantage, with intellectual property rights being central to maximizing the value of the investment made.

This article, written exclusively for Food...