Artificial Intelligence (AI) in Food and Beverage Market Size 2021 Demand, Global Trend, News, Business Growth, Top Key Players
Our sample copy includes a brief analysis of the Artificial Intelligence (AI) in Food and Beverage market, the List of Tables and Figures, the market’s competitive scenario and geographical segmentation, and product innovation and future developments based on a sought-after research methodology. Therefore, it serves as a comprehensive framework of the global Artificial Intelligence (AI) in Food and Beverage market dynamics and comprises a critical study of consumers’ journeys, the current and emerging market avenues, and strategic initiatives undertaken by companies to enable readers to gain meaningful insights into the Artificial Intelligence (AI) in Food and Beverage market.
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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.
This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Artificial Intelligence (AI) in Food and Beverage business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Artificial Intelligence (AI) in Food and Beverage market. It offers a systematic presentation of the company profiles of the leading market players. This section of the Artificial Intelligence (AI) in Food and Beverage report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall Artificial Intelligence (AI) in Food and Beverage market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.
Top key Companies in Artificial Intelligence (AI) in Food and Beverage Market 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.
The global Artificial Intelligence (AI) in Food and Beverage market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this Artificial Intelligence (AI) in Food and Beverage industry.
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Emergen Research has segmented the global Artificial Intelligence (AI) in food and beverage market on the basis of end-use, application, and region:
End-use Outlook (Revenue, USD Billion; 2021–2028)
Hotel and Restaurant
Food Processing Industry
Application Outlook (Revenue, USD Billion; 2021–2028)
Production and Packaging
Quality Control and Safety Compliance
The report offers a comprehensive analysis of the current growth opportunities for various regions of the Artificial Intelligence (AI) in Food and Beverage market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the Artificial Intelligence (AI) in Food and Beverage report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Browse Full Report Description with TOC@ https://www.emergenresearch.com/industry-report/artificial-intelligence-in-food-and-beverage-market
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Target Audience of the Report:
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2020
Forecast Years: 2020-2028
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Global Artificial Intelligence (AI) in Food and Beverage Market – Table of Contents:
Production, by product type
Revenue, by product type
Price, by product type
Consumption, by application
Market Share, by application
Production, by region
Revenue, by region
Consumption, by region
Production Locations and Areas Served
Product Launch, Application, and Specification
Production, Revenue, Ex-factory Price, and Gross Margin
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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