Global Artificial Intelligence (AI) Market in Food and Beverage Industry 2022-2026

Global Artificial Intelligence (AI) Market in Food and Beverage Industry Market 2022-2026

Technavio has been monitoring the artificial intelligence (AI) market in food and beverage industry market and it is poised to grow by $ 5.66 bn during 2022-2026, accelerating at a CAGR of 21.93% during the forecast period. Our report on the artificial intelligence (AI) market in food and beverage industry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising demand for automation to improve productivity, regulations to improve food safety, and evolving industrial IoT and big data integration.

The artificial intelligence (AI) market in food and beverage industry market analysis includes the application segment and geographic landscape.

Technavio's artificial intelligence (AI) market in food and beverage industry market is segmented as below:

By Application

  • Transportation and logistics
  • Production planning
  • Quality control
  • Others
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the emergence of IIoT as one of the prime reasons driving the artificial intelligence (AI) market in food and beverage industry market growth during the next few years. Also, technology innovations in the market and advances in AI technology will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on artificial intelligence (AI) market in food and beverage industry market covers the following areas:
  • Artificial intelligence (AI) market in food and beverage industry market sizing
  • Artificial intelligence (AI) market in food and beverage industry market forecast
  • Artificial intelligence (AI) market in food and beverage industry market analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial intelligence (AI) market in food and beverage industry market vendors that include ABB Ltd., Aboard Software, AGCO Corp., Ailytic Holdings Pty Ltd., Analytical Flavor Systems Inc., Buhler AG, Compac Sorting Equipment, Duravant LLC, Foodable Network LLC, Honeywell International Inc., Martec Of Whitwell Ltd., Ravenwood Packaging Ltd., Raytec Vision S.p.A., Rockwell Automation Inc., Sesotec GmbH, Siemens AG, Sight Machine, and The Not Co. Inc.. Also, the artificial intelligence (AI) market in food and beverage industry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

ABB Ltd., Aboard Software, AGCO Corp., Ailytic Holdings Pty Ltd., Analytical Flavor Systems Inc., Buhler AG, Compac Sorting Equipment, Duravant LLC, Foodable Network LLC, Honeywell International Inc., Martec Of Whitwell Ltd., Ravenwood Packaging Ltd., Raytec Vision S.p.A., Rockwell Automation Inc., Sesotec GmbH, Siemens AG, Sight Machine, The Not Co. Inc.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
      • Table Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Table Data Table on Global Market: Year-over-year growth 2021-2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between2021 and 2026
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2021 and 2026
      • Threat of new entrants
        • Table Threat of new entrants – Impact of key factors in 2021 and 2026
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2021 and 2026
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2021 and 2026
    • Market condition
      • Table Chart on Market condition - Five forces 2021 and 2026
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2021-2026 (%)
      • Table Data Table on Application - Market share 2021-2026 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Transportation and logistics - Market size and forecast 2021-2026
      • Table Chart on Transportation and logistics - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Transportation and logistics - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Transportation and logistics - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Transportation and logistics - Year-over-year growth 2021-2026 (%)
    • Production planning - Market size and forecast 2021- 2026
      • Table Chart on Production planning - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Production planning - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Production planning - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Production planning - Year-over-year growth 2021-2026 (%)
    • Quality control - Market size and forecast 2021-2026
      • Table Chart on Quality control - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Quality control - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Quality control - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Quality control - Year-over-year growth 2021-2026 (%)
    • Others - Market size and forecast 2021-2026
      • Table Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Others - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Others - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2021-2026 (%)
      • Table Data Table on Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2021-2026
      • Table Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Table Chart on North America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on North America - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • APAC - Market size and forecast 2021-2026
      • Table Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Table Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Table Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Table Chart on South America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on South America - Year-over-year growth 2021-2026 (%)
    • Middle East and Africa - Market size and forecast 2021- 2026
      • Table Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • US - Market size and forecast 2021-2026
      • Table Chart on US - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Table Chart on US - Year-over-year growth 2021-2026 (%)
      • Table Data Table on US - Year-over-year growth 2021-2026 (%)
    • China - Market size and forecast 2021-2026
      • Table Chart on China - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Table Chart on China - Year-over-year growth 2021-2026 (%)
      • Table Data Table on China - Year-over-year growth 2021-2026 (%)
    • Japan - Market size and forecast 2021-2026
      • Table Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • Germany - Market size and forecast 2021-2026
      • Table Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Table Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • UK - Market size and forecast 2021-2026
      • Table Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Table Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Table Chart on UK - Year-over-year growth 2021-2026 (%)
      • Table Data Table on UK - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising demand for automation to improve productivity
      • Regulations to improve food safety
      • Evolving industrial IoT and big data integration
    • Market challenges
      • Lack of skilled personnel
      • Limited automation in the food and beverage industry in developing countries
      • Security issues
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2021 and 2026
    • Market trends
      • Emergence of IIoT
      • Technology innovations in the market
      • Advances in AI technology
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • ABB Ltd.
      • Table ABB Ltd. –Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key news
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Segment focus
    • Aboard Software
      • Table Aboard Software – Overview
      • Table Aboard Software - Product / Service
      • Table Aboard Software - Key offerings
    • Ailytic Holdings Pty Ltd.
      • Table Ailytic Holdings Pty Ltd. –Overview
      • Table Ailytic Holdings Pty Ltd. - Product / Service
      • Table Ailytic Holdings Pty Ltd. - Key offerings
    • Analytical Flavor Systems Inc.
      • Table Analytical Flavor Systems Inc. –Overview
      • Table Analytical Flavor Systems Inc. - Product / Service
      • Table Analytical Flavor Systems Inc. - Key offerings
    • Duravant LLC
      • Table Duravant LLC – Overview
      • Table Duravant LLC - Product / Service
      • Table Duravant LLC - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. –Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • Martec Of Whitwell Ltd.
      • Table Martec Of Whitwell Ltd. –Overview
      • Table Martec Of Whitwell Ltd. - Product / Service
      • Table Martec Of Whitwell Ltd. - Key offerings
    • Raytec Vision S.p.A.
      • Table Raytec Vision S.p.A. –Overview
      • Table Raytec Vision S.p.A. - Product / Service
      • Table Raytec Vision S.p.A. - Key offerings
    • Rockwell Automation Inc.
      • Table Rockwell Automation Inc. –Overview
      • Table Rockwell Automation Inc. - Business segments
      • Table Rockwell Automation Inc. - Key news
      • Table Rockwell Automation Inc. - Key offerings
      • Table Rockwell Automation Inc. - Segment focus
    • Sesotec GmbH
      • Table Sesotec GmbH – Overview
      • Table Sesotec GmbH - Product / Service
      • Table Sesotec GmbH - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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