Artificial Intelligence (AI) Market in Food and Beverage (F&B) Industry estimated to expand at a CAGR of 42.18% By 2021

AI technologies have been developed over the years, to assist humans in deliberating, deducing, analyzing, and inventing new technologies that can help end-users. AI embodies multiple disciplines that allow computers to perform functions associated with human intelligence such as reasoning, problem-solving, and learning. Manufacturers in the F&B industry can experience several benefits by deploying AI technology in the manufacturing sector.

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Technavios analysts forecast the global artificial intelligence (AI) market in food and beverage (F&B) industry to grow at a CAGR of 42.18% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global artificial intelligence (AI) market in food and beverage (F&B) industry for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Artificial Intelligence (AI) Market in Food and Beverage (F&B) Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Aboard Software
Ailyti
Analytical Flavor Systems
Deepnify
ImpactVision

Other prominent vendors
IntelligentX Brewing
Martec Of Whitwell
NotCo
Sight Machine
TOMRA

Market driver
Regulations to improve food safety
For a full, detailed list, view our report

Market challenge
Limited automation in the F&B industry in developing countries
For a full, detailed list, view our report

Market trend
Emergence of IIoT
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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