Astute Analytica publishes a research report on the global Artificial Intelligence (AI) In Food & Beverage Market. The analysis report contains in-depth data about demand, growth, opportunities, challenges, and restraints. In addition, it provides a thorough examination of the structure and possibility of global and regional industries.
Global artificial Intelligence (AI) in Food & Beverage Market was valued at US$ 6.8 billion in 2022 and is projected to surpass the market valuation of US$ 129.4 billion by 2031 at a robust CAGR of 38.65% during the forecast period 2023–2031.
It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.
The report gives a thorough analysis of the global Artificial Intelligence (AI) In Food & Beverage Market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
- 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
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the global Artificial Intelligence (AI) In Food & Beverage Market includes
By Application
- 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
- Western 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
Overall, Astute Analytica’s report on the global Artificial Intelligence (AI) In Food & Beverage Market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.