Press release
AI in Food and Beverage Market May See a Big Move | Major Giants GREEFA, Sesotec GmbH
AI in Food and Beverage Market
Key Players in This Report Include: GREEFA (Netherlands), Honeywell International Inc.(United States), Martec of Whitell Ltd. (United Kingdom), Sesotec GmbH (Germany), Key Technology Inc.(United States),, Raytec Vision SpA (Italy), Rockwell Automation (United States),, ABB Ltd. (Switzerland), Foodable Network, LLC. (United States), Agco Corporation (United States)
According to HTF Market Intelligence, the global AI in Food and Beverage market is valued at USD 4.47 in 2023 and estimated to reach a revenue of USD 42.67 by 2030, with a CAGR of 45.64% from 2023 to 2030.
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Definition:
Artificial intelligence in food and beverages will be defined as solutions that help in improving the supply chain of the food & beverages industry. This solution provides gives another way to fulfill their customers at lower costs. The advent usage of artificial intelligence, in the food & beverages industry, has offered various advantages such as increases efficiency and execution of product delivery; increase food security, and also reduces wastage of food.
Market Trends:
The continuous adoption of advanced technology in the food & beverages industry
The growing concern regarding the improvement of supply chain efficiency
Market Drivers:
Changing and growing consumer preference towards affordable, easily accessible, and fast food options has ushered in a transformation in the food and beverage industry
Market Opportunities:
Prominent market leaders are making optimum usage of advanced technologies, such as machine learning and artificial intelligence
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The Global AI in Food and Beverage Market segments and Market Data Break Down are illuminated below:
AI in Food and Beverage Market is Segmented by Application (Food Sorting, Quality Control & Safety Compliance, Consumer Engagement, Production & Packaging, Maintenance, Others) by End User (Hotels & Restaurants, Food Processing Industry, Beverages Industry, Other) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global AI in Food and Beverage market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the AI in Food and Beverage market by value and volume.
• -To estimate the market shares of major segments of the AI in Food and Beverage
• -To showcase the development of the AI in Food and Beverage market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the AI in Food and Beverage market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the AI in Food and Beverage
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the AI in Food and Beverage market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐝𝐞𝐱 𝐨𝐟 𝐟𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐭𝐮𝐝𝐲: https://www.htfmarketintelligence.com/report/global-ai-in-food-and-beverage-market
Major highlights from Table of Contents:
AI in Food and Beverage Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of AI in Food and Beverage market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• AI in Food and Beverage Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• AI in Food and Beverage Market Production by Region AI in Food and Beverage Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in AI in Food and Beverage Market Report:
• AI in Food and Beverage Overview, Definition and Classification Market drivers and barriers
• AI in Food and Beverage Market Competition by Manufacturers
• Impact Analysis of COVID-19 on AI in Food and Beverage Market
• AI in Food and Beverage Capacity, Production, Revenue (Value) by Region (2023-2030)
• AI in Food and Beverage Supply (Production), Consumption, Export, Import by Region (2023-2030)
• AI in Food and Beverage Production, Revenue (Value), Price Trend by Type {Hotels & Restaurants, Food Processing Industry, Beverages Industry, Other}
• AI in Food and Beverage Manufacturers Profiles/Analysis AI in Food and Beverage Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
• How feasible is AI in Food and Beverage market for long-term investment?
• What are influencing factors driving the demand for AI in Food and Beverage near future?
• What is the impact analysis of various factors in the Global AI in Food and Beverage market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Contact Us :
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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