Artificial Intelligence (AI) in Food and Beverage Market Size, Trends, Revenue Share Analysis, Forecast 2021–2028

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Increasing need to improve food safety standards is a key factor driving growth of the global Artificial Intelligence (AI) in food and beverage market currently.

The report titled ‘Global Artificial Intelligence (AI) in Food and Beverage Market’ is a comprehensive report that offers detailed research and analysis of key aspects of the global Artificial Intelligence (AI) in Food and Beverage market. The Market Intelligence Report provides a complete overview of the Artificial Intelligence (AI) in Food and Beverage market along with details on the competitive landscape and profiles of the key players operating in this business. Our analyst team evaluates many other important aspects of the market, including historical market trends, estimated growth rates, revenue generation, production capacity, pricing structure, and key market drivers, opportunities, challenges and constraints. The latest research report offers an accurate study of the Artificial Intelligence (AI) in Food and Beverage industry and highlights key factors such as import/export analysis, production and consumption rates, distribution channels and consumer base in key regions of the global market. This report further explores key facts and figures related to current market conditions and provides an industry-validated database for companies looking to invest in the market. Additionally, the report provides actionable insights that help readers identify key opportunities and challenges faced in the broad competitive landscape of the Artificial Intelligence (AI) in Food and Beverage market. These insights also help formulate lucrative business expansion strategies to gain a competitive edge in the 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.

The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Artificial Intelligence (AI) in Food and Beverage market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends.

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Target Audience of the Global Artificial Intelligence (AI) in Food and Beverage Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

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Leading Players profiled in the report:

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

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)

The global Artificial Intelligence (AI) in Food and Beverage market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Artificial Intelligence (AI) in Food and Beverage market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Artificial Intelligence (AI) in Food and Beverage market.

  • 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
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. Italy
      5. Spain
      6. BENELUX
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA

To view the detailed ToC of the global Artificial Intelligence (AI) in Food and Beverage market report, visit @ https://www.emergenresearch.com/industry-report/artificial-intelligence-in-food-and-beverage-market

How will this Report Benefit you?

An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Artificial Intelligence (AI) in Food and Beverage market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Artificial Intelligence (AI) in Food and Beverage. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.

Additional information offered by the report:

  • Along with a complete overview of the global Artificial Intelligence (AI) in Food and Beverage market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Artificial Intelligence (AI) in Food and Beverage market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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