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The publisher 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. The 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.Speak directly to the analyst to clarify any post sales queries you may have.
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 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
The 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 publisher 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. The 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.
Table of Contents
1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Five Forces Analysis
5 Market Segmentation by Application
6. Customer landscape
7. Geographic Landscape
8. Drivers, Challenges, and Trends
9. Vendor Landscape
10. Vendor Analysis
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global artificial intelligence (AI) market in food and beverage industry market: 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..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of IIoT."
According to the report, one of the major drivers for this market is the rising demand for automation to improve productivity.
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 a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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
- The Not Co. Inc.