Artificial Intelligence AI in Food and Beverage Market
The global artificial intelligence (AI) market size in food and beverage (F&B) industry will grow to USD 332.58 million by 2021. This report provides an analysis of the market by application (transportation and logistics, quality control, production planning, and others) and geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several companies including Aboard Software, Ailytic, Analytical Flavor Systems, Deepnify, and ImpactVision.
The introduction of regulations to improve food safety will be one of the major artificial intelligence market drivers in the food and beverage industry that will have a positive impact on the growth of the artificial intelligence (AI) market in F&B industry till 2021. Manufacturers in the F&B industry are highly adopting automation to comply with the regulations and guidelines set by industry associations to ensure maintenance in the quality of products. These manufacturers are needed have a set safety system for analyzing the hazards and risk-based preventive controls. For these requirements to be met, food companies are likely to set up systems for detailed documentation of the adopted processes to validate the products meet the legal standards. Moreover, the market will also witness vendors offering AI platforms to meet requirements related to preventive controls on food safety, sanitary transportation, and foreign supplier verification programs. These measures will drive market growth during the forecast period. Our market research analysts predict that this market will grow at a CAGR of more than 45% by 2021.
The introduction of IIoT is one of the key artificial intelligence market trends in the food and beverage industry. The advancements in the industrial Internet of Things (IIoT) and technological betterments will boost the adoption of AI in the F&B industry. IIoT integrates smart machines, warehouses, robots, and entire production facilities to achieve business goals and KPIs. The placement of numerous sensors around the factory will help collect real-time information, help in enabling appropriate floor decisions and help operators. Sensor information can also provide better guidance for equipment to perform production and assembly processes and handle toxic chemicals, among other jobs, and ensure the safety of the human workforce.
Artificial Intelligence AI in Food and Beverage Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Artificial Intelligence AI in Food and Beverage industry with a focus on the Chinese market. The report provides key statistics on the market status of the Artificial Intelligence AI in Food and Beverage manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Artificial Intelligence AI in Food and Beverage market covering all important parameters.
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THE KEY POINTS OF THE REPORT:
1. The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
2. The report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.
3. Through the statistical analysis, the report depicts the global and Chinese total market of Artificial Intelligence AI in Food and Beverage industry including capacity, production, production value, cost/profit, supply/demand, and Chinese import/export.
4. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5. The report then estimates 2019-2024 market development trends of Artificial Intelligence AI in Food and Beverage industry. Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out.
6. The report makes some important proposals for a new project of Artificial Intelligence AI in Food and Beverage Industry before evaluating its feasibility.
There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.
For competitor segment, the report includes global key players of Artificial Intelligence AI in Food and Beverage as well as some small players. At least 7 companies are included:
* Aboard Software
* Analytical Flavor Systems
* Deepnify
* ImpactVision
* IntelligentX Brewing
* NotCo
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Artificial Intelligence AI in Food and Beverage market in global and china…
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed…
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Reasons to Purchase this Report:
* Estimates 2019-2024 Artificial Intelligence AI in Food and Beverage market development trends with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
* Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value USD Million and volume Units Million data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
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