Over the past few year, factors such as The continuous adoption of advanced technology in the food & beverages industry
have contributed to the development of the Global AI in Food and Beverage market.
Undoubtedly, Changing and growing consumer preference towards affordable, easily accessible, and fast food options has ushered in a transformation in the food and beverage industry is the most promising market promoter, bringing direct and indirect economic benefits to the market sizing. The Global AI in Food and Beverage market is expected to make a significant contribution growing at a CAGR of 65.3%.
AMA research has engaged in the competitive assessment of China & Global AI in Food and Beverage Players for 5 years. The Top 10 Competitive Players in the AI in Food and Beverage in 2019 clearly displays the competitive situations of main AI in Food and Beverage Playersin 2019. The research shows that companies in top 10 list are divided up by dominating countries, namely, United States occupying half of the list showcasing strong market competitive advantage.
With the multiple advantages of technology, cost and service, many major Players such as GREEFA (Netherlands), Honeywell International Inc.(United States), Martec of Whitell Ltd. (United Kingdom), Sesotec GmbH (Germany), Key Technology Inc.(United States), Raytec Vision SpA (Italy), Rockwell Automation (United States), ABB Ltd. (Switzerland), Foodable Network, LLC. (United States) and Agco Corporation (United States) developed rapidly. They kept leading domestic market and on the other way actively developing international market and seizing market share, becoming the backbone of Global AI in Food and Beverage industry. It is understood that currently domestic AI in Food and Beverage players has been massively used by operators in North America.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global AI in Food and Beverage market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Data Triangulation The overall AI in Food and Beverage market size is calculated using market estimation process, the AI in Food and Beverage market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global AI in Food and Beverage market size has been validated using both top-down and bottom-up approaches.