Artificial Intelligence (AI) in Food and Beverage Market
The global Artificial Intelligence (AI) in food and beverage market is expected to reach a market size of USD 62.83 Billion at a steady CAGR of 44.4% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to increasing need for more secure and efficient production facilities in food and beverages industries. Food and beverages industries are increasingly adopting AI solutions to track costs, oversee stock levels, and maintain transparency in supply chain processes. Rising need to reduce food waste is also driving utilization of AI in the food and beverages industry.
The report offers a bird’s eye view of the Artificial Intelligence (AI) in Food and Beverage market with regards to economic scenario, competitive landscape, production and demands, and consumption analysis. The report also offers a stringent analysis of the market drivers, restraints, limitations, challenges, growth prospects, and threats of the market. The report provides an extensive analysis of the market segmentation and expansion across key regions.
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Key Highlights of Report
Artificial Intelligence (AI) in Food and Beverage Market Segmentation:
Emergen Research has segmented the global Artificial Intelligence (AI) in food and beverage market on the basis of end-use, application, and region:
Regional Analysis of the Artificial Intelligence (AI) in Food and Beverage Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Focal Points of the Global Artificial Intelligence (AI) in Food and Beverage Market Report:
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Artificial Intelligence (AI) in Food and Beverage Market Segmentation & Impact Analysis
4.1. Artificial Intelligence (AI) in Food and Beverage Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising need to improve food safety standards
4.2.2.2. Increasing need for more secure and more precise production lines
4.2.2.3. Minimization of human errors and associated inaccuracies
4.2.3. Market restraints analysis
4.2.3.1. High cost associated with large scale deployment of the technology
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Artificial Intelligence (AI) in Food and Beverage Market By End-use Insights & Trends, Revenue (USD Billion)
5.1. End-use Dynamics & Market Share, 2020 & 2028
5.1.1. Hotel and Restaurant
5.1.2. Food Processing Industry
5.1.3. Beverage Industry
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