Global Artificial Intelligence (AI) Market in Food and Beverage Industry 2022-2026

Global Artificial Intelligence (AI) Market in Food and Beverage Industry 2022-2026

  • April 2022 •
  • 120 pages •
  • Report ID: 5207154 •
  • Format: PDF
Global Artificial Intelligence (AI) Market in Food and Beverage Industry Market 2022-2026
The analyst has been monitoring the artificial intelligence (AI) market in food and beverage industry market and it is poised to grow by $ 5.66 bn during 2022-2026, accelerating at a CAGR of 21.93% during the forecast period. Our report on the artificial intelligence (AI) market in food and beverage industry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising demand for automation to improve productivity, regulations to improve food safety, and evolving industrial IoT and big data integration.
The artificial intelligence (AI) market in food and beverage industry market analysis includes the application segment and geographic landscape.

The artificial intelligence (AI) market in food and beverage industry market is segmented as below:
By Application
• Transportation and logistics
• Production planning
• Quality control
• Others

By Geographical Landscape
• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the emergence of IIoT as one of the prime reasons driving the artificial intelligence (AI) market in food and beverage industry market growth during the next few years. Also, technology innovations in the market and advances in AI technology will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on artificial intelligence (AI) market in food and beverage industry market covers the following areas:
• Artificial intelligence (AI) market in food and beverage industry market sizing
• Artificial intelligence (AI) market in food and beverage industry market forecast
• Artificial intelligence (AI) market in food and beverage industry market analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial intelligence (AI) market in food and beverage industry market vendors that include ABB Ltd., Aboard Software, AGCO Corp., Ailytic Holdings Pty Ltd., Analytical Flavor Systems Inc., Buhler AG, Compac Sorting Equipment, Duravant LLC, Foodable Network LLC, Honeywell International Inc., Martec Of Whitwell Ltd., Ravenwood Packaging Ltd., Raytec Vision S.p.A., Rockwell Automation Inc., Sesotec GmbH, Siemens AG, Sight Machine, and The Not Co. Inc.. Also, the artificial intelligence (AI) market in food and beverage industry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.