Polaris Market Research recently published a research report on “Artificial Intelligence (AI) in Food & Beverages Market Share, Size, Trends, Industry Analysis Report, By Application (Food Sorting, Quality Control & Safety Compliance, Consumer Engagement, Production & Packaging, Maintenance, Other); By End-Use (Food Processing Industry, Hotel & Restaurant, Beverage Industry, Others); By Region; Segment Forecast, 2022 - 2029" that provides an in-depth analysis of the market’s current trends, latest developments, and scenarios. The report determines the unique benefits of market size, share, emerging markets, earnings, forecasts, and data on leading industry players. With the assistance of these data, this report helps leading contenders to enhance Artificial Intelligence (AI) in Food & Beverages market positions. The study comprises significant and critical information required for strategic decision making and having a competitive edge.
The report enables key members to reinforce their situation on the lookout by offering them a large number of bits of knowledge on the Artificial Intelligence (AI) in Food & Beverages market. pursuers will find this report useful as it showcases quantitative records inside the type of diagrams and charts. With this report, they will be able to comprehend the market circumstances and business undertaking climate. The report has been separated according to separate categories, such as product type, application, end-user, and region.
According to the research report, “The global artificial intelligence in food & beverages market was valued at USD 4.49 Billion in 2021 and is expected to reach USD 83.40 Billion By 2029, to grow at a CAGR of 45.4% during the forecast period.”.
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The Report Explains the Market Offerings Through the Following Insights:
- Investigation of Artificial Intelligence (AI) in Food & Beverages market and present status and future estimations of the market.
- Detail analysis of segments, sub-segments, and environmental factors for understanding market expansion.
- Provides forecast predictions on how the market is estimated to grow during the 2021-2028 time-frame
- Provides a precise overview of the most important aspects impacting Artificial Intelligence (AI) in Food & Beverages market growth such as growth potential, opportunities, drivers, industry-specific challenges, and risks.
- Offers competitive landscape analysis throwing attention on world-leading manufacturers with their growth strategy and SWOT analysis.
Key Participants’ Analysis:
This intensive research report then studies frontline and elite players operating in the Artificial Intelligence (AI) in Food & Beverages market. It delivers a nitty-gritty examination of leading players according to its creation impression, a portion of the overall industry, and development rate. It then shows a SWOT investigation of these players combined with their, R&D tasks, arrangements, business methodologies, division, and territorial investigation. Leading players are also assessed based on their company profile, product portfolio, capacity, product/service price, sales, and cost/profit.
Furthermore, the regional and country breakdowns section provides an analysis of the Artificial Intelligence (AI) in Food & Beverages market in each geography and the size of the market by geography and compares their historic and forecast growth. Additionally, the report highlights increasing demand analysis, dynamics, growth opportunities, emerging technologies, and top countries study.
Top Market Players
Some of the major players operating in the global market include ABB ltd., Honeywell International Inc, Key Technology Inc, Martec of Whitell Ltd, Raytec Vision SpA, Rockwell Automation Inc, Sesotec GmbH, Sight Machine Inc, TOMRA Sorting Solutions AS, GREEFA, Duravant LLC, among others.
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On the basis of regions, the report has segmented the Artificial Intelligence (AI) in Food & Beverages market into the following key regions:
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and the rest of South America)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
The report determines the effect of the COVID-19 pandemic. It analyzes the market changes made by the heartbreaking outbreak all through the conjecture time frame. The analyst has focused on all direct and indirect impacts of COVID-19 with new product launches, supply chain overview, government regulations, strategies adopted by related players. There are many highs and lows due to the COVID-19 pandemic, especially in the region or country, which have impacted the Artificial Intelligence (AI) in Food & Beverages market worldwide.
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Key Questions Answered in The Report:
- Who are the manufacturers of the Artificial Intelligence (AI) in Food & Beverages market?
- What are the prime drivers, growth/decline factors, and challenges?
- How is the industry expected to evolve in the forecasted period of 2021– 2028?
- What are the consumption patterns across the various regions?
- Which are the key areas of applications and product types that may expect a huge demand during the forecast period 2021–2028.
- What factors make the Artificial Intelligence (AI) in Food & Beverages market a good long-term investment?
- What are the top firms' tactics for gaining share in mature markets?
The study presents forecasting of the upcoming market scenario for the anticipated period. It also signifies the trends and their impact on the entire market development and growth of the Artificial Intelligence (AI) in Food & Beverages market. It moreover makes available some profit-making business opportunities. According to the report, the survey report helps business participants in making their business gainful and obtain the best investment options.
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