Global Artificial Intelligence (AI) Market in Food and Beverage (F&B) Industry 2017-2021: Emergence of IIoT to Drive Growth – Research and Markets

DUBLIN, Dec 29, 2017 (BUSINESS WIRE) —
The “Global
Artificial Intelligence (AI) Market in Food and Beverage (F&B) Industry
2017-2021”
report has been added to Research and
Markets’ offering.

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

The 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.

One trend in the market is emergence of IIoT. The development of
Industrial Internet of Things (IIoT) and technological enhancements will
fuel the adoption of AI in the F&B industry. The high demand and use of
smart devices, wireless, and cloud technology will influence the future
of industrial robots, such as collaborative robots, in terms of the
range of utility and mode of operation.

According to the report, one driver in the market is regulations to
improve food safety. Manufacturers in the F&B industry are increasingly
adopting automation to meet regulations and guidelines set by industry
associations for ensuring maintenance in the quality of products
offered. For instance, Food & Drug Administration’s Food Safety
Modernization Act (FSMA) introduced regulations in September 2016, which
necessitate large food manufacturers to meet preventive controls and
Current Good Manufacturing Practice (CGMPS) requirements. F&B
manufacturers are required to have a safety system in place for analysis
of hazards and risk-based preventive controls.

Key vendors

  • Aboard Software
  • Ailyti
  • Analytical Flavor Systems
  • Deepnify
  • ImpactVision

Other prominent vendors

  • IntelligentX Brewing
  • Martec Of Whitwell
  • NotCo
  • Sight Machine
  • TOMRA

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/3nrqmp/global_artificial

View source version on businesswire.com: http://www.businesswire.com/news/home/20171229005108/en/

SOURCE: Research and Markets

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Related
Topics: Food
and Beverage
, Beverage,
Artificial
Intelligence

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