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Artificial Intelligence (AI) Market in Food and Beverage (F&B) Industry Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 120
  • SKU: IRTNTR70234
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The artificial intelligence (AI) market in the food and beverage industry market share is expected to increase by USD 5.66 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 21.93%.

This artificial intelligence (AI) market in food and beverage industry market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the artificial intelligence (AI) market in food and beverage industry market segmentation by application (transportation and logistics, production planning, quality control, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The artificial intelligence (ai) market in food and beverage industry market report also offers information on several market vendors, including 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. among others.

What will the Artificial Intelligence (AI) Market In Food And Beverage Industry Size be During the Forecast Period?

Artificial Intelligence (AI) Market in Food and Beverage Industry Market Size

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Artificial Intelligence (AI) Market In Food And Beverage Industry Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and after the post-COVID-19 era. The rising demand for automation to improve productivity is notably driving the artificial intelligence (AI) market in the food and beverage industry market growth, although factors such as lack of skilled personnel may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the artificial intelligence (AI) market in food and beverage industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Artificial Intelligence (AI) Market In Food And Beverage Industry Market Driver

The rising demand for automation to improve productivity is one of the key drivers supporting the artificial intelligence (AI) market growth in the food and beverage industry. AI and machine learning (ML) systems assess the number of mathematical models of production and outcome possibilities to increase accuracy in demand planning. Moreover, AI systems are capable of monitoring product quantities, production cycle time, and others to optimize production efficiency across business functions. Furthermore, predictive maintenance uses sensors to track the equipment's condition. It analyzes the data related to the service of the equipment on a need basis instead of the actual scheduled service time. This minimizes machine downtime and reduces machine inspection costs. Also, manufacturers are combining analytics with ML to record and track everything from quotation to supply chain operations to reduce transport and warehousing costs and identify supply chain forecasting errors. This, in turn, will drive artificial intelligence (AI) in the food and beverage (F&B) market growth during the forecast period.

Key Artificial Intelligence (AI) Market In Food And Beverage Industry Market Trend

The emergence of IIoT is one of the key artificial intelligence (AI) market trends in the food and beverage industry contributing to market growth. 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. Moreover, the rising competition has influenced vendors to offer attractive options, such as services and control modules, through smart devices and Wi-Fi technology for controlling equipment from remote locations. These devices offer flexibility in use and have a user-friendly graphical user interface (GUI). Furthermore, sensor information can guide equipment to perform production and assembly processes and handle toxic chemicals. Therefore, the integration of IIoT is expected to transform food and beverage manufacturing facilities into more connected and synchronized units. This will have a positive impact on the growth of the global artificial intelligence (AI) in the food and beverage (F&B) market during the forecast period. 

Key Artificial Intelligence (AI) Market In Food And Beverage Industry Market Challenge

The lack of skilled personnel is one of the challenges hampering the artificial intelligence (AI) market growth in the food and beverage industry. Manufacturers implementing AI need to have knowledge about the working of AI software platforms along with periodic servicing necessities to ensure smooth operations. The lack of technical knowledge about the platform often deters end-users from adopting AI. Moreover, the lack of skilled operators and proper training has resulted in a certain disinclination to execute wide-scale automation, as substantial time, training, and budget has to be allocated for the successful implementation of AI. Furthermore, the use of AI for analytics is challenging, as additional domain knowledge about analytic techniques is a major requirement for the implementation of AI in the food and beverage industry. Therefore, the lack of skilled personnel is expected to hamper the growth of the global artificial intelligence in the food and beverage market during the forecast period. 

This artificial intelligence (AI) market in food and beverage industry market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global artificial intelligence (AI) market in the food and beverage industry as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the artificial intelligence (AI) market in food and beverage industry market during the forecast period.

Who are the Major Artificial Intelligence (AI) Market In Food And Beverage Industry Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 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.

 

This statistical study of the artificial intelligence (AI) market in food and beverage industry market encompasses successful business strategies deployed by the key vendors. The artificial intelligence (AI) market in food and beverage industry market is fragmented and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.

Product Insights and News

  • ABB Ltd. - Under the electrification segment, the company offers solutions across the full electrical value chain from the substation to the point of consumption. The company offers artificial intelligence in the food and beverage industry that provides expertise in every segment, from sugar production to beverage bottling.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The artificial intelligence (AI) market in food and beverage industry market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the leading companies' production, sustainability, and prospects.

Artificial Intelligence (AI) Market In Food And Beverage Industry Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the artificial intelligence (AI) market in food and beverage industry market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global application software market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated other innovative approaches being followed by service providers to ensure a sustainable market presence.

 

Which are the Key Regions for Artificial Intelligence (AI) Market In Food And Beverage Industry Market?

Artificial Intelligence (AI) Market in Food and Beverage Industry Market Share by Geography

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43% of the market’s growth will originate from North America during the forecast period. The US is the key market for the artificial intelligence (AI) market in food and beverage industry market in North America. Market growth in this region will be faster than the growth of the market in other areas.

The increase in the adoption of advanced technologies with greater computing power to improve decision-making in food and beverage will facilitate the artificial intelligence (AI) market in the food and beverage industry market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 negatively impacted the food and beverage industry globally in 2020. However, in 2021, the lifting of restrictions on exports and imports, the large-scale COVID-19 vaccination drives, and economic recovery is anticipated to promote the sales of food and beverage products, which will fuel the growth of the AI in the F&B market in focus during the forecast period. 

What are the Revenue-generating Application Segments in the Artificial Intelligence (AI) Market In Food And Beverage Industry Market?

Artificial Intelligence (AI) Market in Food and Beverage Industry Market Share

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The artificial intelligence (AI) market share growth in the food and beverage industry by the transportation and logistics segment will be significant during the forecast period. The logistics and transportation segment of the global AI market in the food and beverage industry will grow due to the revenue contribution from manufacturers employing advanced technologies in their manufacturing plants. Manufacturers in the food and beverage industry are experiencing a paradigm change with the emergence of digitization as well as new market entrants and business models. These factors will drive the segment growth during the forecast period and thereby drive the artificial intelligence (AI) in the food and beverage (F&B) market growth.

This report provides an accurate prediction of the contribution of all the segments to the growth of the artificial intelligence (AI) market in food and beverage industry market size and actionable market insights on post COVID-19 impact on each segment.

 

Artificial Intelligence (AI) Market In Food And Beverage Industry Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 21.93%

Market growth 2022-2026

USD 5.66 billion

Market structure

Fragmented

YoY growth (%)

21.11

Regional analysis

North America, Europe, APAC, South America, Middle East, and Africa

Performing market contribution

North America at 43%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Artificial Intelligence (AI) Market In Food And Beverage Industry Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive artificial intelligence (AI) market in food and beverage industry market growth during the next five years
  • Precise estimation of the artificial intelligence (AI) market in food and beverage industry market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the artificial intelligence (AI) market in the food and beverage industry across North America, Europe, APAC, South America, and the Middle East, and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of artificial intelligence (AI) market in food and beverage industry market vendors

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1. Executive Summary                           

                1.1 Market Overview

                                Exhibit 01:  Executive Summary – Chart on Market Overview

                                Exhibit 02:  Executive Summary – Data Table on Market Overview

                                Exhibit 03:  Executive Summary – Chart on Global Market Characteristics

                                Exhibit 04:  Executive Summary – Chart on Market by Geography

                                Exhibit 05:  Executive Summary – Chart on Market Segmentation by Application

                                Exhibit 06:  Executive Summary – Chart on Incremental Growth

                                Exhibit 07:  Executive Summary – Data Table on Incremental Growth

                                Exhibit 08:  Executive Summary – Chart on Vendor Market Positioning

2. Market Landscape                                                             

                2.1 Market ecosystem             

                                Exhibit 09:  Parent market

                                Exhibit 10:  Market characteristics

3. Market Sizing                       

                3.1 Market definition

                                Exhibit 11:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 12:  Market segments

                3.3 Market size 2021 

                3.4 Market outlook: Forecast for 2021 - 2026 

                                Exhibit 13:  Chart on Global - Market size and forecast 2021-2026 ($ million)

                                Exhibit 14:  Data Table on Global - Market size and forecast 2021-2026 ($ million)

                                Exhibit 15:  Chart on Global Market: Year-over-year growth 2021-2026 (%)

                                Exhibit 16:  Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 17:  Five forces analysis - Comparison between 2021 and 2026

                4.2 Bargaining power of buyers           

                                Exhibit 18:  Bargaining power of buyers – Impact of key factors in 2021 and 2026

                4.3 Bargaining power of suppliers       

                                Exhibit 19:  Bargaining power of suppliers – Impact of key factors in 2021 and 2026

                4.4 Threat of new entrants    

                                Exhibit 20:  Threat of new entrants – Impact of key factors in 2021 and 2026

                4.5 Threat of substitutes         

                                Exhibit 21:  Threat of substitutes – Impact of key factors in 2021 and 2026

                4.6 Threat of rivalry   

                                Exhibit 22:  Threat of rivalry – Impact of key factors in 2021 and 2026

                4.7 Market condition

                                Exhibit 23:  Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application                         

                5.1 Market segments

                                Exhibit 24:  Chart on Application - Market share 2021-2026 (%)

                                Exhibit 25:  Data Table on Application - Market share 2021-2026 (%)

                5.2 Comparison by Application             

                                Exhibit 26:  Chart on Comparison by Application

                                Exhibit 27:  Data Table on Comparison by Application

                5.3 Transportation and logistics  - Market size and forecast 2021-2026

                                Exhibit 28:  Chart on Transportation and logistics  - Market size and forecast 2021-2026 ($ million)

                                Exhibit 29:  Data Table on Transportation and logistics  - Market size and forecast 2021-2026 ($ million)

                                Exhibit 30:  Chart on Transportation and logistics  - Year-over-year growth 2021-2026 (%)

                                Exhibit 31:  Data Table on Transportation and logistics  - Year-over-year growth 2021-2026 (%)

                5.4 Production planning  - Market size and forecast 2021-2026               

                                Exhibit 32:  Chart on Production planning  - Market size and forecast 2021-2026 ($ million)

                                Exhibit 33:  Data Table on Production planning  - Market size and forecast 2021-2026 ($ million)

                                Exhibit 34:  Chart on  Production planning  - Year-over-year growth 2021-2026 (%)

                                Exhibit 35:  Data Table on Production planning  - Year-over-year growth 2021-2026 (%)

                5.5 Quality control - Market size and forecast 2021-2026           

                                Exhibit 36:  Chart on Quality control - Market size and forecast 2021-2026 ($ million)

                                Exhibit 37:  Data Table on Quality control - Market size and forecast 2021-2026 ($ million)

                                Exhibit 38:  Chart on Quality control - Year-over-year growth 2021-2026 (%)

                                Exhibit 39:  Data Table on Quality control - Year-over-year growth 2021-2026 (%)

                5.6 Others - Market size and forecast 2021-2026           

                                Exhibit 40:  Chart on Others - Market size and forecast 2021-2026 ($ million)

                                Exhibit 41:  Data Table on Others - Market size and forecast 2021-2026 ($ million)

                                Exhibit 42:  Chart on Others - Year-over-year growth 2021-2026 (%)

                                Exhibit 43:  Data Table on Others - Year-over-year growth 2021-2026 (%)

                5.7 Market opportunity by Application              

                                Exhibit 44:  Market opportunity by Application ($ million)

6. Customer landscape                         

                6.1 Customer landscape overview      

                                Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                Exhibit 45:  Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7. Geographic Landscape                     

                7.1 Geographic segmentation

                                Exhibit 46:  Chart on Market share by geography 2021-2026 (%)

                                Exhibit 47:  Data Table on Market share by geography 2021-2026 (%)

                7.2 Geographic comparison   

                                Exhibit 48:  Chart on Geographic comparison

                                Exhibit 49:  Data Table on Geographic comparison

                7.3 North America - Market size and forecast 2021-2026           

                                Exhibit 50:  Chart on North America - Market size and forecast 2021-2026 ($ million)

                                Exhibit 51:  Data Table on North America - Market size and forecast 2021-2026 ($ million)

                                Exhibit 52:  Chart on North America - Year-over-year growth 2021-2026 (%)

                                Exhibit 53:  Data Table on North America - Year-over-year growth 2021-2026 (%)

                7.4 Europe - Market size and forecast 2021-2026          

                                Exhibit 54:  Chart on Europe - Market size and forecast 2021-2026 ($ million)

                                Exhibit 55:  Data Table on Europe - Market size and forecast 2021-2026 ($ million)

                                Exhibit 56:  Chart on Europe - Year-over-year growth 2021-2026 (%)

                                Exhibit 57:  Data Table on Europe - Year-over-year growth 2021-2026 (%)

                7.5 APAC - Market size and forecast 2021-2026              

                                Exhibit 58:  Chart on APAC - Market size and forecast 2021-2026 ($ million)

                                Exhibit 59:  Data Table on APAC - Market size and forecast 2021-2026 ($ million)

                                Exhibit 60:  Chart on APAC - Year-over-year growth 2021-2026 (%)

                                Exhibit 61:  Data Table on APAC - Year-over-year growth 2021-2026 (%)

                7.6 South America - Market size and forecast 2021-2026           

                                Exhibit 62:  Chart on South America - Market size and forecast 2021-2026 ($ million)

                                Exhibit 63:  Data Table on South America - Market size and forecast 2021-2026 ($ million)

                                Exhibit 64:  Chart on South America - Year-over-year growth 2021-2026 (%)

                                Exhibit 65:  Data Table on South America - Year-over-year growth 2021-2026 (%)

                7.7 Middle East and Africa - Market size and forecast 2021-2026            

                                Exhibit 66:  Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                                Exhibit 67:  Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

                                Exhibit 68:  Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)

                                Exhibit 69:  Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

                7.8 US - Market size and forecast 2021-2026   

                                Exhibit 70:  Chart on US - Market size and forecast 2021-2026 ($ million)

                                Exhibit 71:  Data Table on US - Market size and forecast 2021-2026 ($ million)

                                Exhibit 72:  Chart on US - Year-over-year growth 2021-2026 (%)

                                Exhibit 73:  Data Table on US - Year-over-year growth 2021-2026 (%)

                7.9 China - Market size and forecast 2021-2026             

                                Exhibit 74:  Chart on China - Market size and forecast 2021-2026 ($ million)

                                Exhibit 75:  Data Table on China - Market size and forecast 2021-2026 ($ million)

                                Exhibit 76:  Chart on China - Year-over-year growth 2021-2026 (%)

                                Exhibit 77:  Data Table on China - Year-over-year growth 2021-2026 (%)

                7.10 UK - Market size and forecast 2021-2026

                                Exhibit 78:  Chart on UK - Market size and forecast 2021-2026 ($ million)

                                Exhibit 79:  Data Table on UK - Market size and forecast 2021-2026 ($ million)

                                Exhibit 80:  Chart on UK - Year-over-year growth 2021-2026 (%)

                                Exhibit 81:  Data Table on UK - Year-over-year growth 2021-2026 (%)

                7.11 Germany - Market size and forecast 2021-2026    

                                Exhibit 82:  Chart on Germany - Market size and forecast 2021-2026 ($ million)

                                Exhibit 83:  Data Table on Germany - Market size and forecast 2021-2026 ($ million)

                                Exhibit 84:  Chart on Germany - Year-over-year growth 2021-2026 (%)

                                Exhibit 85:  Data Table on Germany - Year-over-year growth 2021-2026 (%)

                7.12 Market opportunity by geography            

                                Exhibit 86:  Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends                   

                8.1 Market drivers     

                                8.1.1 Rising demand for automation to improve productivity

                                8.1.2 Regulations to improve food safety

                                8.1.3 Evolving industrial IoT and big data integration

                8.2 Market challenges              

                                8.2.1 Lack of skilled personnel

                                8.2.2 Limited automation in the food and beverage industry in developing countries

                                8.2.3 Security issues

                8.3 Impact of drivers and challenges  

                                Exhibit 87:  Impact of drivers and challenges in 2021 and 2026

                8.4 Market trends      

                                8.4.1 Emergence of IIoT

                                8.4.2 Technology innovations in the market

                                8.4.3 Advances in AI technology

9. Vendor Landscape                             

                9.1 Overview

                9.2 Vendor landscape

                                Exhibit 88:  Overview on Criticality of inputs and Factors of differentiation

                                The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025. 

                9.3 Landscape disruption        

                                Exhibit 89:  Overview on factors of disruption

                9.4 Industry risks        

                                Exhibit 90:  Impact of key risks on business

10. Vendor Analysis               

                10.1 Vendors covered              

                                Exhibit 91:  Vendors covered

                10.2 Market positioning of vendors    

                                Exhibit 92:  Matrix on vendor position and classification

                10.3 ABB Ltd.

                                Exhibit 93:  ABB Ltd. - Overview

                                Exhibit 94:  ABB Ltd. - Business segments

                                Exhibit 95:  ABB Ltd. - Key news

                                Exhibit 96:  ABB Ltd. - Key offerings

                                Exhibit 97:  ABB Ltd. - Segment focus

                10.4 Aboard Software              

                                Exhibit 98:  Aboard Software - Overview

                                Exhibit 99:  Aboard Software - Product / Service

                                Exhibit 100:  Aboard Software - Key offerings

                10.5 Ailytic Holdings Pty Ltd. 

                                Exhibit 101:  Ailytic Holdings Pty Ltd. - Overview

                                Exhibit 102:  Ailytic Holdings Pty Ltd. - Product / Service

                                Exhibit 103:  Ailytic Holdings Pty Ltd. - Key offerings

                10.6 Analytical Flavor Systems Inc.     

                                Exhibit 104:  Analytical Flavor Systems Inc. - Overview

                                Exhibit 105:  Analytical Flavor Systems Inc. - Product / Service

                                Exhibit 106:  Analytical Flavor Systems Inc. - Key offerings

                10.7 Duravant LLC      

                                Exhibit 107:  Duravant LLC - Overview

                                Exhibit 108:  Duravant LLC - Product / Service

                                Exhibit 109:  Duravant LLC - Key offerings

                10.8 Honeywell International Inc.        

                                Exhibit 110:  Honeywell International Inc. - Overview

                                Exhibit 111:  Honeywell International Inc. - Business segments

                                Exhibit 112:  Honeywell International Inc. - Key news

                                Exhibit 113:  Honeywell International Inc. - Key offerings

                                Exhibit 114:  Honeywell International Inc. - Segment focus

                10.9 Martec Of Whitwell Ltd.

                                Exhibit 115:  Martec Of Whitwell Ltd. - Overview

                                Exhibit 116:  Martec Of Whitwell Ltd. - Product / Service

                                Exhibit 117:  Martec Of Whitwell Ltd. - Key offerings

                10.10 Raytec Vision S.p.A.      

                                Exhibit 118:  Raytec Vision S.p.A. - Overview

                                Exhibit 119:  Raytec Vision S.p.A. - Product / Service

                                Exhibit 120:  Raytec Vision S.p.A. - Key offerings

                10.11 Rockwell Automation Inc.           

                                Exhibit 121:  Rockwell Automation Inc. - Overview

                                Exhibit 122:  Rockwell Automation Inc. - Business segments

                                Exhibit 123:  Rockwell Automation Inc. - Key news

                                Exhibit 124:  Rockwell Automation Inc. - Key offerings

                                Exhibit 125:  Rockwell Automation Inc. - Segment focus

 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Artificial Intelligence (AI) Market in Food and Beverage Industry market growth will increase by $5662.1 million during 2022-2026.
The artificial intelligence (ai) market in food and beverage industry market is expected to grow at a CAGR of 21.93% during 2022-2026.
Technavio has segmented the artificial intelligence (ai) market in food and beverage industry market by application (Transportation and logistics, Production planning, Quality control, and Others) and geographic (North America, Europe, APAC, South America, Middle East and Africa, APAC, North America, Europe, South America, and MEA).
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. are a few of the key vendors in the artificial intelligence (ai) market in food and beverage industry market.
North America will register the highest growth rate of 43.22% among the other regions. Therefore, the artificial intelligence (ai) market in food and beverage industry market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the artificial intelligence (ai) market in food and beverage industry market growth are:
  • Rising demand for automation to improve productivity
  • Emergence of IIoT
The artificial intelligence (ai) market in food and beverage industry market vendors should focus on grabbing business opportunities from the transportation and logistics segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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