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Artificial Intelligence (AI) Market in Food and Beverage Industry 2024-2028

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    Report

  • 179 Pages
  • November 2023
  • Region: Global
  • TechNavio
  • ID: 5300869
1h Free Analyst Time
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The artificial intelligence (AI) market in food and beverage industry is forecasted to grow by USD 35.20 billion during 2023-2028, accelerating at a CAGR of 39.47% during the forecast period. The report on the artificial intelligence (AI) market in food and beverage industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the 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 is segmented as below:

By Type

  • Transportation and logistics
  • Production planning
  • Quality control
  • Others

By End-user

  • Food processing industry
  • Hotels and restaurants
  • Beverage industry

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 growth during the next few years. Also, technology innovations in the food and beverage industry and advances in AI technology will lead to sizable demand in the market.

The report on the artificial intelligence (AI) market in food and beverage industry covers the following areas:

  • Artificial intelligence (AI) market in food and beverage industry sizing
  • Artificial intelligence (AI) market in food and beverage industry forecast
  • Artificial intelligence (AI) market in food and beverage industry industry 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 vendors that include ABB Ltd., Aboard Software, AGCO Corp., Ailytic Holdings Pty Ltd., Analytical Flavor Systems Inc., Buhler AG, De Greefs Wagen Carrosserie en Machinebouw BV, Duravant LLC, Foodable Network LLC, Honeywell International Inc., Key Technology 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., and Tomra Systems ASA. Also, the artificial intelligence (AI) market in food and beverage industry 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
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global artificial intelligence (AI) market in food and beverage industry 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global artificial intelligence (ai) market in food and beverage industry 2018 - 2022 ($ million)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Exhibit 30: Chart on Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Transportation and logistics - Market size and forecast 2023-2028
Exhibit 34: Chart on Transportation and logistics - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Transportation and logistics - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Transportation and logistics - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Transportation and logistics - Year-over-year growth 2023-2028 (%)
6.4 Production planning - Market size and forecast 2023-2028
Exhibit 38: Chart on Production planning - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Production planning - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Production planning - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Production planning - Year-over-year growth 2023-2028 (%)
6.5 Quality control - Market size and forecast 2023-2028
Exhibit 42: Chart on Quality control - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Quality control - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Quality control - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Quality control - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Type
Exhibit 50: Market opportunity by Type ($ million)
Exhibit 51: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by End-user
7.1 Market segments
Exhibit 52: Chart on End-user - Market share 2023-2028 (%)
Exhibit 53: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 54: Chart on Comparison by End-user
Exhibit 55: Data Table on Comparison by End-user
7.3 Food processing industry - Market size and forecast 2023-2028
Exhibit 56: Chart on Food processing industry - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Food processing industry - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Food processing industry - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Food processing industry - Year-over-year growth 2023-2028 (%)
7.4 Hotels and restaurants - Market size and forecast 2023-2028
Exhibit 60: Chart on Hotels and restaurants - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Hotels and restaurants - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Hotels and restaurants - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Hotels and restaurants - Year-over-year growth 2023-2028 (%)
7.5 Beverage industry - Market size and forecast 2023-2028
Exhibit 64: Chart on Beverage industry - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on Beverage industry - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on Beverage industry - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Beverage industry - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
Exhibit 68: Market opportunity by End-user ($ million)
Exhibit 69: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 123: ABB Ltd. - Overview
Exhibit 124: ABB Ltd. - Business segments
Exhibit 125: ABB Ltd. - Key offerings
Exhibit 126: ABB Ltd. - Segment focus
12.4 Aboard Software
Exhibit 127: Aboard Software - Overview
Exhibit 128: Aboard Software - Product/Service
Exhibit 129: Aboard Software - Key offerings
12.5 AGCO Corp.
Exhibit 130: AGCO Corp. - Overview
Exhibit 131: AGCO Corp. - Business segments
Exhibit 132: AGCO Corp. - Key news
Exhibit 133: AGCO Corp. - Key offerings
Exhibit 134: AGCO Corp. - Segment focus
12.6 Ailytic Holdings Pty Ltd.
Exhibit 135: Ailytic Holdings Pty Ltd. - Overview
Exhibit 136: Ailytic Holdings Pty Ltd. - Product/Service
Exhibit 137: Ailytic Holdings Pty Ltd. - Key offerings
12.7 Analytical Flavor Systems Inc.
Exhibit 138: Analytical Flavor Systems Inc. - Overview
Exhibit 139: Analytical Flavor Systems Inc. - Product/Service
Exhibit 140: Analytical Flavor Systems Inc. - Key offerings
12.8 Buhler AG
Exhibit 141: Buhler AG - Overview
Exhibit 142: Buhler AG - Business segments
Exhibit 143: Buhler AG - Key offerings
Exhibit 144: Buhler AG - Segment focus
12.9 Duravant LLC
Exhibit 145: Duravant LLC - Overview
Exhibit 146: Duravant LLC - Product/Service
Exhibit 147: Duravant LLC - Key offerings
12.10 Honeywell International Inc.
Exhibit 148: Honeywell International Inc. - Overview
Exhibit 149: Honeywell International Inc. - Business segments
Exhibit 150: Honeywell International Inc. - Key news
Exhibit 151: Honeywell International Inc. - Key offerings
Exhibit 152: Honeywell International Inc. - Segment focus
12.11 Martec Of Whitwell Ltd.
Exhibit 153: Martec Of Whitwell Ltd. - Overview
Exhibit 154: Martec Of Whitwell Ltd. - Product/Service
Exhibit 155: Martec Of Whitwell Ltd. - Key offerings
12.12 Raytec Vision S.p.A.
Exhibit 156: Raytec Vision S.p.A. - Overview
Exhibit 157: Raytec Vision S.p.A. - Product/Service
Exhibit 158: Raytec Vision S.p.A. - Key offerings
12.13 Rockwell Automation Inc.
Exhibit 159: Rockwell Automation Inc. - Overview
Exhibit 160: Rockwell Automation Inc. - Business segments
Exhibit 161: Rockwell Automation Inc. - Key news
Exhibit 162: Rockwell Automation Inc. - Key offerings
Exhibit 163: Rockwell Automation Inc. - Segment focus
12.14 Sesotec GmbH
Exhibit 164: Sesotec GmbH - Overview
Exhibit 165: Sesotec GmbH - Product/Service
Exhibit 166: Sesotec GmbH - Key offerings
12.15 Siemens AG
Exhibit 167: Siemens AG - Overview
Exhibit 168: Siemens AG - Business segments
Exhibit 169: Siemens AG - Key news
Exhibit 170: Siemens AG - Key offerings
Exhibit 171: Siemens AG - Segment focus
12.16 The Not Co. Inc.
Exhibit 172: The Not Co. Inc. - Overview
Exhibit 173: The Not Co. Inc. - Product/Service
Exhibit 174: The Not Co. Inc. - Key offerings
12.17 Tomra Systems ASA
Exhibit 175: Tomra Systems ASA - Overview
Exhibit 176: Tomra Systems ASA - Business segments
Exhibit 177: Tomra Systems ASA - Key offerings
Exhibit 178: Tomra Systems ASA - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global artificial intelligence (ai) market in food and beverage industry 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Type - Market share 2023-2028 (%)
Exhibits 31: Data Table on Type - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Type
Exhibits 33: Data Table on Comparison by Type
Exhibits 34: Chart on Transportation and logistics - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Transportation and logistics - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Transportation and logistics - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Transportation and logistics - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Production planning - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Production planning - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Production planning - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Production planning - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Quality control - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Quality control - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Quality control - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Quality control - Year-over-year growth 2023-2028 (%)
Exhibits 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 50: Market opportunity by Type ($ million)
Exhibits 51: Data Table on Market opportunity by Type ($ million)
Exhibits 52: Chart on End-user - Market share 2023-2028 (%)
Exhibits 53: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 54: Chart on Comparison by End-user
Exhibits 55: Data Table on Comparison by End-user
Exhibits 56: Chart on Food processing industry - Market size and forecast 2023-2028 ($ million)
Exhibits 57: Data Table on Food processing industry - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Chart on Food processing industry - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on Food processing industry - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Hotels and restaurants - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Data Table on Hotels and restaurants - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Chart on Hotels and restaurants - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Hotels and restaurants - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Beverage industry - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Data Table on Beverage industry - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Chart on Beverage industry - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Beverage industry - Year-over-year growth 2023-2028 (%)
Exhibits 68: Market opportunity by End-user ($ million)
Exhibits 69: Data Table on Market opportunity by End-user ($ million)
Exhibits 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 73: Chart on Geographic comparison
Exhibits 74: Data Table on Geographic comparison
Exhibits 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 84: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 111: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 112: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 115: Market opportunity By Geographical Landscape ($ million)
Exhibits 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 117: Impact of drivers and challenges in 2023 and 2028
Exhibits 118: Overview on Criticality of inputs and Factors of differentiation
Exhibits 119: Overview on factors of disruption
Exhibits 120: Impact of key risks on business
Exhibits 121: Vendors covered
Exhibits 122: Matrix on vendor position and classification
Exhibits 123: ABB Ltd. - Overview
Exhibits 124: ABB Ltd. - Business segments
Exhibits 125: ABB Ltd. - Key offerings
Exhibits 126: ABB Ltd. - Segment focus
Exhibits 127: Aboard Software - Overview
Exhibits 128: Aboard Software - Product/Service
Exhibits 129: Aboard Software - Key offerings
Exhibits 130: AGCO Corp. - Overview
Exhibits 131: AGCO Corp. - Business segments
Exhibits 132: AGCO Corp. - Key news
Exhibits 133: AGCO Corp. - Key offerings
Exhibits 134: AGCO Corp. - Segment focus
Exhibits 135: Ailytic Holdings Pty Ltd. - Overview
Exhibits 136: Ailytic Holdings Pty Ltd. - Product/Service
Exhibits 137: Ailytic Holdings Pty Ltd. - Key offerings
Exhibits 138: Analytical Flavor Systems Inc. - Overview
Exhibits 139: Analytical Flavor Systems Inc. - Product/Service
Exhibits 140: Analytical Flavor Systems Inc. - Key offerings
Exhibits 141: Buhler AG - Overview
Exhibits 142: Buhler AG - Business segments
Exhibits 143: Buhler AG - Key offerings
Exhibits 144: Buhler AG - Segment focus
Exhibits 145: Duravant LLC - Overview
Exhibits 146: Duravant LLC - Product/Service
Exhibits 147: Duravant LLC - Key offerings
Exhibits 148: Honeywell International Inc. - Overview
Exhibits 149: Honeywell International Inc. - Business segments
Exhibits 150: Honeywell International Inc. - Key news
Exhibits 151: Honeywell International Inc. - Key offerings
Exhibits 152: Honeywell International Inc. - Segment focus
Exhibits 153: Martec Of Whitwell Ltd. - Overview
Exhibits 154: Martec Of Whitwell Ltd. - Product/Service
Exhibits 155: Martec Of Whitwell Ltd. - Key offerings
Exhibits 156: Raytec Vision S.p.A. - Overview
Exhibits 157: Raytec Vision S.p.A. - Product/Service
Exhibits 158: Raytec Vision S.p.A. - Key offerings
Exhibits 159: Rockwell Automation Inc. - Overview
Exhibits 160: Rockwell Automation Inc. - Business segments
Exhibits 161: Rockwell Automation Inc. - Key news
Exhibits 162: Rockwell Automation Inc. - Key offerings
Exhibits 163: Rockwell Automation Inc. - Segment focus
Exhibits 164: Sesotec GmbH - Overview
Exhibits 165: Sesotec GmbH - Product/Service
Exhibits 166: Sesotec GmbH - Key offerings
Exhibits 167: Siemens AG - Overview
Exhibits 168: Siemens AG - Business segments
Exhibits 169: Siemens AG - Key news
Exhibits 170: Siemens AG - Key offerings
Exhibits 171: Siemens AG - Segment focus
Exhibits 172: The Not Co. Inc. - Overview
Exhibits 173: The Not Co. Inc. - Product/Service
Exhibits 174: The Not Co. Inc. - Key offerings
Exhibits 175: Tomra Systems ASA - Overview
Exhibits 176: Tomra Systems ASA - Business segments
Exhibits 177: Tomra Systems ASA - Key offerings
Exhibits 178: Tomra Systems ASA - Segment focus
Exhibits 179: Inclusions checklist
Exhibits 180: Exclusions checklist
Exhibits 181: Currency conversion rates for US$
Exhibits 182: Research methodology
Exhibits 183: Validation techniques employed for market sizing
Exhibits 184: Information sources
Exhibits 185: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global artificial intelligence (AI) market in food and beverage industry: ABB Ltd., Aboard Software, AGCO Corp., Ailytic Holdings Pty Ltd., Analytical Flavor Systems Inc., Buhler AG, De Greefs Wagen Carrosserie en Machinebouw BV, Duravant LLC, Foodable Network LLC, Honeywell International Inc., Key Technology 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., and Tomra Systems ASA.

Commenting on the report, an analyst from the publisher 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 (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Aboard Software
  • AGCO Corp.
  • Ailytic Holdings Pty Ltd.
  • Analytical Flavor Systems Inc.
  • Buhler AG
  • De Greefs Wagen Carrosserie en Machinebouw BV
  • Duravant LLC
  • Foodable Network LLC
  • Honeywell International Inc.
  • Key Technology 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.
  • Tomra Systems ASA

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