Artificial Intelligence In Food & Beverages Market Size, Share, Trends, Growth and Forecast 2032
Artificial Intelligence In Food & Beverages Market By Application (Food Sorting, Quality Control, and Customer Engagement), By End-User (Hotels & Restaurants and Food Processing Units), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 6.43 Billion | USD 187.34 Billion | 40.1% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Artificial Intelligence In Food & Beverages Market, 2016–2026 (USD Billion)
- 2.2. Artificial Intelligence In Food & Beverages Market: Snapshot
- Chapter 3. Global Artificial Intelligence In Food & Beverages Market– Industry Analysis
- 3.1. Artificial Intelligence In Food & Beverages Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. With massive use of AI’s deep learning toul in food sector along with huge focus on vision for circular economy can bring a paradigm shift in food production, thereby driving the use of artificial intelligence in food and beverages industry in the upcoming years.
- 3.2.2. Shifting consumer food value equations will have far-reaching consequences on food & beverages industry and will prompt the use of AI touls in food & beverages industry, thereby steering the market growth over the upcoming years.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By End-User
- 3.4.2. Market attractiveness analysis By Application
- Chapter 4. Global Artificial Intelligence In Food & Beverages Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Artificial Intelligence In Food & Beverages Market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Technology launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Artificial Intelligence In Food & Beverages Market– End-User Analysis
- 5.1. Global Artificial Intelligence In Food & Beverages Market overview: By End-User
- 5.1.1. Global Artificial Intelligence In Food & Beverages Market share, By End-User , 2019 and 2026
- 5.2. Hotels & Restaurants
- 5.2.1. Global Artificial Intelligence In Food & Beverages Market By Hotels & Restaurants , 2016–2026 (USD Billion)
- 5.3. Food Processing Units
- 5.3.1. Global Artificial Intelligence In Food & Beverages Market By Food Processing Units, 2016–2026 (USD Billion)
- 5.1. Global Artificial Intelligence In Food & Beverages Market overview: By End-User
- Chapter 6. Global Artificial Intelligence In Food & Beverages Market– Application Analysis
- 6.1. Global Artificial Intelligence In Food & Beverages Market overview: By Application
- 6.1.1. Global Artificial Intelligence In Food & Beverages Market share, By Application, 2019 and 2026
- 6.2. Food Sorting
- 6.2.1. Global Artificial Intelligence In Food & Beverages Market By Food Sorting , 2016–2026 (USD Billion)
- 6.3. Quality Contrul
- 6.3.1. Global Artificial Intelligence In Food & Beverages Market By Quality Contrul, 2016–2026 (USD Billion)
- 6.4. Customer Engagement
- 6.4.1. Global Artificial Intelligence In Food & Beverages Market By Customer Engagement, 2016–2026 (USD Billion)
- 6.1. Global Artificial Intelligence In Food & Beverages Market overview: By Application
- Chapter 7. Company Profiles
- 7.1. ABB Ltd.
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Technology Portfolio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.2. Rockwell Automation, Inc.
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Technology Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. Honeywell International Inc.
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Technology Portfolio
- 7.3.4. Business Strategy
- 7.3.5. Recent Developments
- 7.4. TOMRA Sorting Sulutions AS
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Technology Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Developments
- 7.5. Raytec Vision SpA
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Technology Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.1. ABB Ltd.
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Artificial Intelligence In Food & Beverages Market, 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Artificial Intelligence In Food & Beverages Market attractiveness, By End-User
6. Global Artificial Intelligence In Food & Beverages Market attractiveness, By Application
7. Global Artificial Intelligence In Food & Beverages Market Share by End-User ,2019 and 2026 (USD Billion)
8. Global Artificial Intelligence In Food & Beverages Market by Hotels & Restaurants ,2016–2026 (USD Billion)
9. Global Artificial Intelligence In Food & Beverages Market by Food Processing Units,2016–2026 (USD Billion)
10. Global Artificial Intelligence In Food & Beverages Market Share by Application ,2019 and 2026 (USD Billion)
11. Global Artificial Intelligence In Food & Beverages Market by Food Sorting , and,2016–2026 (USD Billion)
12. Global Artificial Intelligence In Food & Beverages Market by Quality Control,2016–2026 (USD Billion)
13. Global Artificial Intelligence In Food & Beverages Market by Customer Engagement,2016–2026 (USD Billion)
14. Global Artificial Intelligence In Food & Beverages Market share, by Region, 2019 and 2026
15. North America Artificial Intelligence In Food & Beverages Market, 2016–2026 (USD Billion)
16. Europe Artificial Intelligence In Food & Beverages Market, 2016–2026 (USD Billion)
17. Asia Pacific Artificial Intelligence In Food & Beverages Market, 2016–2026 (USD Billion)
18. Latin America Artificial Intelligence In Food & Beverages Market, 2016–2026 (USD Billion)
19. The Middle East and Africa Artificial Intelligence In Food & Beverages Market, 2016–2026 (USD Billion)
Table Of Tables
List of Tables
1. Global Artificial Intelligence In Food & Beverages Market: snapshot
2. Drivers of the Artificial Intelligence In Food & Beverages Market: impact analysis
3. North America Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
4. North America Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
5. The U.S. Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
6. The U.S. Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
7. Rest of North America Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
8. Rest of North America Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
9. Europe Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
10. Europe Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
11. UK Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
12. UK Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
13. France Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
14. France Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
15. Germany Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
16. Germany Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
17. Rest of Europe Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
18. Rest of Europe Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
19. Asia Pacific Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
20. Asia Pacific Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
21. China Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
22. China Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
23. Japan Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
24. Japan Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
25. India Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
26. India Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
27. Rest of Asia Pacific Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
28. Rest of Asia Pacific Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
29. Latin America Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
30. Latin America Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
31. Brazil Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
32. Brazil Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
33. Rest of Latin America Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
34. Rest of Latin America Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
35. The Middle East and Africa Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
36. The Middle East and Africa Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
37. Saudi Arabia Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
38. Saudi Arabia Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
39. South Africa Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
40. South Africa Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
41. Rest of the Middle East & Africa Artificial Intelligence In Food & Beverages Market revenue, By End-User, 2016–2026 (USD Billion)
42. Rest of the Middle East & Africa Artificial Intelligence In Food & Beverages Market revenue, By Application, 2016–2026 (USD Billion)
Methodology
FrequentlyAsked Questions
With massive use of AI’s deep learning tool in food sector along with huge focus on vision for circular economy can bring a paradigm shift in food production, thereby driving the use of artificial intelligence in food and beverages industry in the upcoming years. In addition to this, AI can assist farmers in preventing food wastage while helping them avoid waste of edible food. Furthermore, AI algorithms can help restaurants in forecasting food sales, thereby preventing wastage of food. All these aforementioned factors will drive artificial intelligence in food & beverage market trends.
Furthermore, firms are making use of artificial intelligence algorithms for producing plant-based diet as the substitute for meat, fish, and egg-based food products. Shifting consumer food value equations will have far-reaching consequences on food & beverages industry and will prompt the use of AI tools in food & beverages industry, thereby steering the market growth over the upcoming years. Need for improving food supply chain processes will boost the market demand in the ensuing years.
Artificial Intelligence In Food & Beverages Market size worth at USD 6.43 Billion in 2023 and projected to USD 187.34 Billion by 2032, CAGR of around 40.1% between 2024-2032.
North America is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to use of Ai in food processing activities in the U.S. and Canada. Apparently, AI is also projected to help farmers achieve better crop yield resulting in bulge in food production, thereby driving the regional market trends. The use of AI in food production in the countries like the U.S. will help the country in reducing the food imports & will add to food exports, thereby contributing substantially towards the country’s GDP or economy. This, in turn, will further exponentiate the growth of artificial intelligence in food & beverages market in North American sub-continent over the upcoming years.
The key players profiled in the report include are ABB Ltd., Rockwell Automation, Inc., Honeywell International Inc., TOMRA Sorting Solutions AS, and Raytec Vision SpA.
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Artificial Intelligence In Food Beverages Market InsightsArtificial Intelligence In Food Beverages Market SizeArtificial Intelligence in Food and Beverages SynopsisArtificial Intelligence in Food and Beverages Growth DynamicsTo know more about this report, Request For Customization.Regional LandscapeArtificial Intelligence In Food Beverages Report ScopeCompetitive LandscapeRelatedNews
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