Global Ai In Food & Beverages Market Size & Outlook
The ai in food & beverages industry worldwide is expected to reach a projected revenue of US$ 84,746.3 million by 2030. A compound annual growth rate of 39% is expected of the worldwide ai in food & beverages industry from 2024 to 2030.
Revenue, 2023 (US$M)
$8,453.2
Forecast, 2030 (US$M)
$84,746.3
CAGR, 2024 - 2030
39%
Report Coverage
Worldwide
Global ai in food & beverages market, 2017-2030 (US$M)
Global ai in food & beverages market highlights
- The global ai in food & beverages market generated a revenue of USD 8,453.2 million in 2023 and is expected to reach USD 84,746.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 39% by 2030.
- In terms of segment, machine learning accounted for a revenue of USD 8,453.2 million in 2023.
- Machine Learning is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 8,453.2 million |
| Market revenue in 2030 | USD 84,746.3 million |
| Growth rate | 39% (CAGR from 2023 to 2030) |
| Largest segment | Machine learning |
| Fastest growing segment | Machine Learning |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Machine Learning |
Other key industry trends
- In terms of revenue, the North America accounted for 34.0% of the global ai in food & beverages market in 2023.
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AI In Food & Beverages Market Scope
Ai in food & beverages market segmentation & scope
Deployment
Cloud
On-Premises
Application
Food Sorting
Consumer Engagement
Quality Control and Safety Compliance
Production and Packaging
Maintenance
Others
End Use
Food Processing
Supply Chain Management
Hotel & Restaurant
Countries
Canada
Mexico
U.S.
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Argentina
Brazil
Kuwait
Saudi Arabia
South Africa
UAE
AI In Food & Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global ai in food & beverages market size, by regions, 2017-2030 (US$M)
Related regional statistics
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