The latest report, titled ‘Global Artificial Intelligence (AI) in Food and Beverage Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Artificial Intelligence (AI) in Food and Beverage market scenario. The report’s authors have offered necessary details on the latest Artificial Intelligence (AI) in Food and Beverage market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Artificial Intelligence (AI) in Food and Beverage industry entails useful insights into the estimated Artificial Intelligence (AI) in Food and Beverage market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Artificial Intelligence (AI) in Food and Beverage market.
The global Artificial Intelligence (AI) in food and beverage market is expected to reach a market size of USD 62.83 Billion at a steady CAGR of 44.4% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to increasing need for more secure and efficient production facilities in food and beverages industries. Food and beverages industries are increasingly adopting AI solutions to track costs, oversee stock levels, and maintain transparency in supply chain processes. Rising need to reduce food waste is also driving utilization of AI in the food and beverages industry. Focus on improving food safety standards and need to adhere to stringent regulations related to food quality and safety of processes is driving adoption of Artificial Intelligence in the food and beverages industry. Moreover, AI enables maintenance of high accuracy in visual inspections, detection of quality-related issues in real-time, and helps to identify the root cause of quality issues, which will also help in enhancement of production processes in future.
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Market Scope:
One of the report’s central components is the broad Artificial Intelligence (AI) in Food and Beverage market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Artificial Intelligence (AI) in Food and Beverage market players.
Research Report on the Artificial Intelligence (AI) in Food and Beverage Market Addresses the Following Key Questions:
- Who are the dominant players of the Artificial Intelligence (AI) in Food and Beverage market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Artificial Intelligence (AI) in Food and Beverage market?
- What are the key growth drivers and restraining factors of the Artificial Intelligence (AI) in Food and Beverage market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Artificial Intelligence (AI) in Food and Beverage market and its key segments?
The leading market contenders listed in the report are:
Raytec Vision S.p.A., Rockwell Automation Inc., ABB Ltd., Honeywell International Inc., Key Technology Inc., TOMRA Sorting Solutions AS, GREEFA, Sesotec, Sight Machine Inc., and AGCO Corporation
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Market Segmentations of the Artificial Intelligence (AI) in Food and Beverage Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Artificial Intelligence (AI) in Food and Beverage market on the basis of product, application, and region:
Segments Covered in this report are:
-
End-use Outlook (Revenue, USD Billion; 2021–2028)
- Hotel and Restaurant
- Food Processing Industry
- Beverage Industry
-
Application Outlook (Revenue, USD Billion; 2021–2028)
- Consumer Engagement
- Maintenance
- Food Sorting
- Production and Packaging
- Quality Control and Safety Compliance
- Other Applications
-
Regional Outlook (Revenue, USD Billion; 2021–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- North America
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key questions addressed in the report:
- What are the key factors driving the global Artificial Intelligence (AI) in Food and Beverage market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Artificial Intelligence (AI) in Food and Beverage market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
In conclusion, the Artificial Intelligence (AI) in Food and Beverage Market report is an exhaustive database that will help readers formulate lucrative strategies. The Artificial Intelligence (AI) in Food and Beverage Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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