Global AI in food & beverages market is anticipated to grow at an exponential CAGR of 37.5% during the forecast period (2024-2031). The increment of operational efficiency, marketing & customer experience enhancement, and product innovation are the core application areas of AI in food & beverage industry. The key players operating in this industry are exploring the potential of AI to refine their operational processes, forge deeper connections with consumers and develop innovative solutions for sustainability and nutrition. AI can promote the food & beverage companies in achieving their environmental, social and governance objectives by allowing them to proactively reduce energy consumption and harmful emissions.
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Retailers are integrating AI into their tools and technology to improve their current operations regarding inventory management. The demand forecasting and shelf in and checkout optimization is also gaining importance among retailers. Food companies are taking leverage of the generative AI to create personalized services tailored to individual customer interests. Chatbots have changed the face of customer service and are gaining traction due to their ability to automate interactions with customers using natural language processing (NLP). Market segmentation is another such area in the food & beverages industry where key players are using AI to specify their market to target. Looking towards the growing demand for AI in food & beverages industry key providers of this technology are focusing on development of advanced software and services.
Market Coverage
The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
o By Application
o By End-User
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- ABB Ltd., Honeywell International Inc., Key Technology Inc., Rockwell Automation Inc. and TOMRA Sorting Solutions AS among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
Global AI in Food & Beverages Market Report Segment
By Application
AI in Food Sorting
Consumer Engagement
Quality Control & Safety Compliance
Production and Packaging
Maintenance
Other (Trend Analysis)
By End-User
Hotels & Restaurants
Food Processing Industry
Beverage Industry
A full report of AI in food & beverages Market available @ https://www.omrglobal.com/industry-reports/ai-in-food-and-beverages-market
Company Profiles
Advent Machine Company
GEP
GREEFA
Martec of Whitell Ltd.
Publicis Sapient
Raytech Vision SpA
Sesotec GmbH
Sight Machine Inc.
TOMRA Sorting Solutions AS
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More than 120 countries are for analysis.
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