openPR Logo
Press release

Global Artificial Intelligence (AI) in Food and Beverage Market Set to Reach USD 179.8 Billion by 2032 | Astute Analytica

10-04-2024 12:04 PM CET | IT, New Media & Software

Press release from: Astute Analytica

Global Artificial Intelligence (AI) in Food and Beverage Market

The global Artificial Intelligence (AI) in the food and beverage market was valued at US$ 9.5 billion in 2023 and is projected to surpass a staggering US$ 179.8 billion by 2032, registering an impressive CAGR of 38.65% during the forecast period 2024-2032. This remarkable growth highlights the increasing adoption of AI technologies to enhance operations, improve product quality, and meet the evolving demands of consumers.

๐“๐ก๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž- https://www.astuteanalytica.com/request-sample/artificial-Intelligence-ai-in-food-and-beverage-market

AI is revolutionizing the industry by enabling smarter decision-making, optimizing supply chains, and driving innovation in areas such as personalized nutrition, food safety, and sustainable practices. As companies seek to streamline operations and reduce costs, AI-powered solutions are proving instrumental in boosting productivity and enhancing the customer experience.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ: ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ๐ข๐ณ๐ž๐ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ฅ๐š๐ง๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐ž๐ฐ ๐€๐ˆ-๐๐ซ๐ข๐ฏ๐ž๐ง ๐ƒ๐ข๐ž๐ญ๐ข๐œ๐ข๐š๐ง

Over the past decade, consumer interest in health and wellness has surged. This palpable shift toward health-conscious eating, combined with the rise of wearables and health-tracking apps, has created a fertile ground for AI's intervention. Data suggests that nearly 80% of consumers globally express a wish for more personalized dietary advice in the AI in food & beverage market. Responding to this demand, AI has evolved into a potent tool that crafts individualized nutritional plans based on an individual's health goals, genetic makeup, and even real-time biometrics.

By the end of 2023, over 50 million individuals worldwide are expected to have their diets partly managed or advised by AI systems. This isn't just in the form of apps or online platforms but extends to smart kitchen appliances. For instance, there are now about 1.5 million AI-enabled refrigerators in operation globally. These refrigerators not only suggest recipes based on what's inside but also optimize grocery lists to align with the user's health objectives. Furthermore, collaborations between genetic testing companies and AI-driven nutrition platforms have risen sharply. Approximately 2 million individuals have had their DNA analyzed specifically for dietary recommendations. The results are startling. Custom-tailored meal plans based on genetic information can boost the effectiveness of diets by up to 3 times compared to generic diet plans.

Companies in the AI in food & beverage market are also harnessing the power of AI to develop "smart supplements" and nutraceuticals. In 2022, over 500,000 individuals subscribed to AI-powered supplement regimens, where monthly vitamin and supplement deliveries are adjusted in real-time based on the individual's health data. This dynamic and highly personalized approach to nutrition is revolutionizing how people approach wellness and daily supplementation.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ž ๐€๐ˆ ๐ข๐ง ๐…๐จ๐จ๐ & ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐œ๐จ๐ง๐ญ๐š๐œ๐ญ:- https://www.astuteanalytica.com/industry-report/artificial-Intelligence-ai-in-food-and-beverage-market

๐“๐จ๐ฉ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ˆ ๐ข๐ง ๐…๐จ๐จ๐ & ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

ABB Ltd.
Honeywell International Inc.
INTELLIGENTX Brewing Co.
Key Technology Inc.
Milltec Clarfai, Inc.
Raytec Vision SpA
Rockwell Automation Inc
Sight Machine Inc.
TOMRA Sorting Solutions AS
Other Prominent Players

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Flavor Development
Liquid Flavor
Dry Flavor
Food Market Analysis
Brand Analysis
Consumer Engagement
Market Analysis
Production Optimization
Quality Control
Waste Reduction
Maintenance
Supply Chain Management
Storing
Food Sorting
Packaging
By Offering

Software
Services
By Deployment

Cloud
On-Premises
By Enterprise Size

Large Enterprises
Small and Medium Enterprises
By End User

Food Processing Industry
Food Retail
Beverage Industry
Agritech
By Region

North America
The US
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
South Korea
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/artificial-Intelligence-ai-in-food-and-beverage-market

๐€๐›๐จ๐ฎ๐ญ ๐€๐ฌ๐ญ๐ฎ๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

๐†๐ž๐ญ ๐ข๐ง ๐ญ๐จ๐ฎ๐œ๐ก ๐ฐ๐ข๐ญ๐ก ๐ฎ๐ฌ

๐๐ก๐จ๐ง๐ž ๐ง๐ฎ๐ฆ๐›๐ž๐ซ: +18884296757
๐„๐ฆ๐š๐ข๐ฅ: sales@astuteanalytica.com
๐•๐ข๐ฌ๐ข๐ญ ๐จ๐ฎ๐ซ ๐ฐ๐ž๐›๐ฌ๐ข๐ญ๐ž: https://www.astuteanalytica.com/
LinkedIn | Twitter | YouTube | Facebook

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Artificial Intelligence (AI) in Food and Beverage Market Set to Reach USD 179.8 Billion by 2032 | Astute Analytica here

News-ID: 3678104 • Views: โ€ฆ

More Releases from Astute Analytica

Gum grafting market is set to reach valuation of US$ 892.9 million by 2033 | Astute Analytica
Gum grafting market is set to reach valuation of US$ 892.9 million by 2033 | Ast โ€ฆ
Astute Analytica released an extensive market assessment report titled "Global Gum grafting market: Trends, Industry Competition Analysis, Revenue, and Forecast to 2033." This report offers a deep dive into the current landscape and future forecasts of this dynamic industry, providing valuable insights for stakeholders and industry participants. The report thoroughly investigates the present and future scenarios of the global Gum grafting market. It highlights key trends and emerging opportunities while addressingโ€ฆ
Hospitals infection therapeutics market is poised to reach US$ 14.7 billion by 2033 | Astute Analytica
Hospitals infection therapeutics market is poised to reach US$ 14.7 billion by 2 โ€ฆ
Astute Analytica released an extensive market assessment report titled "Global Hospital infection therapeutics market: Trends, Industry Competition Analysis, Revenue, and Forecast to 2033." This report offers a deep dive into the current landscape and future forecasts of this dynamic industry, providing valuable insights for stakeholders and industry participants. The report thoroughly investigates the present and future scenarios of the global Hospital infection therapeutics market. It highlights key trends and emerging opportunitiesโ€ฆ
Radiopharmaceuticals market is poised to attain valuation of US$ 13.4 billion by 2033 | Astute Analytica
Radiopharmaceuticals market is poised to attain valuation of US$ 13.4 billion by โ€ฆ
Astute Analytica released an extensive market assessment report titled "Global Radiopharmaceuticals market: Trends, Industry Competition Analysis, Revenue, and Forecast to 2033." This report offers a deep dive into the current landscape and future forecasts of this dynamic industry, providing valuable insights for stakeholders and industry participants. The report thoroughly investigates the present and future scenarios of the global Radiopharmaceuticals market. It highlights key trends and emerging opportunities while addressing challenges facedโ€ฆ
Hospital supplies market size is set to expand beyond US$ 125.56 billion by 2033 | Astute Analytica
Hospital supplies market size is set to expand beyond US$ 125.56 billion by 2033 โ€ฆ
Astute Analytica released an extensive market assessment report titled "Global Hospital supplies market: Trends, Industry Competition Analysis, Revenue, and Forecast to 2033." This report offers a deep dive into the current landscape and future forecasts of this dynamic industry, providing valuable insights for stakeholders and industry participants. The report thoroughly investigates the present and future scenarios of the global Hospital supplies market. It highlights key trends and emerging opportunities while addressingโ€ฆ

All 5 Releases


More Releases for Intelligence

OzScientific launches a market intelligence newsletter "Global Intelligence in F โ€ฆ
Introducing "Global Intelligence in Food" - Your Fortnightly Guide to Market Intelligence and Innovation in the Food Industry 17 October 2024 - OzScientific Pty Ltd is proud to announce the launch of "Global Intelligence in Food," a comprehensive fortnightly publication designed to provide invaluable insights to marketing and innovation teams across the food industry. As the food industry evolves at a rapid pace, staying ahead of the curve with the latest marketโ€ฆ
Swarm Intelligence Market: Unleashing Collective Intelligence for Smart Solution โ€ฆ
Swarm Intelligence is a cutting-edge field that draws inspiration from nature, specifically the collective behavior observed in social organisms like bees, ants, and birds. In the realm of technology, the Swarm Intelligence market is witnessing significant growth as it harnesses the power of decentralized, self-organized systems to solve complex problems. From optimization algorithms to autonomous systems, the Swarm Intelligence market is revolutionizing various industries by unlocking the potential of collectiveโ€ฆ
Swarm Intelligence Market: Harnessing Collective Intelligence for Advanced Solut โ€ฆ
Market Overview Swarm intelligence is a collective behaviour of decentralized, self-organized systems. It is inspired by the behaviour of social insects such as ants, bees, and termites. These insects are able to achieve complex tasks such as finding food, building nests, and defending themselves without any central coordination. Swarm intelligence has been applied to a wide variety of problems, including robotics, optimization, and machine learning. It is also being used in newโ€ฆ
Market Intelligence Database Global Market Model Expands On Competitive Intellig โ€ฆ
Global Market Model, the leading market sizing platform has recently added the โ€˜Companiesโ€™ tab to its offerings. This allows users to do more in-depth analysis of the major companies covered in the 27 industries available on Global Market Model. Learn more about Global Market Model - https://www.thebusinessresearchcompany.com/global-market-model The Companies tab summarizes the background of each business and details on the products and services they offer. It analyzes the financial performance of theโ€ฆ
Global Artificial Intelligence Market, Global Artificial Intelligence Industry, โ€ฆ
Major players in the artificial intelligence market are Google, IBM, Baidu, Microsoft, Apple Inc., Ipsoft, NVIDIA Corporation, Samsung Electronics Co.Ltd, and Micro Strategy Inc. The Global Artificial Intelligence Market is expected to grow from USD 28.42 billion in 2019 to USD 40.74 billion in 2020 at a compound annual growth rate (CAGR) of 43.39%. The growth is mainly due to the COVID-19 health emergency across the globe that has led toโ€ฆ
Global Cyber Threat Intelligence Services Market By Type (Strategic Threat Intel โ€ฆ
Cyber threat intelligence is also referred as threat intelligence. It is defined as information which is used by an organization to understand the threats. Cyber threat intelligence services provide organized, refined, and analyzed information about the potential or current attacks. These services help organization organizations to understand the risk of most common and severe external threats. Increase in adoption of threat intelligence services by small and medium size enterprises isโ€ฆ