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Artificial Intelligence

With 45.70% CAGR, Artificial Intelligence (AI) in Food and Beverages Market Share Will Reach USD 29.45 Billion by 2026, Globally: Facts & Factors

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New York, NY, Aug. 19, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Artificial Intelligence (AI) in Food and Beverages Market By Organization Size (Small, Medium & Large Enterprises), By Application (Food Sorting, Quality Control, and Safety Compliance, Consumer Engagement, Production and Packaging, Maintenance, and Other Applications), By End-Use Industry (Food Processing, Grocery, Hotels & Beverages Industry, and Others Region: Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026”.

“According to the recent research report, the demand of global Artificial Intelligence (AI) in Food and Beverages Market size & share expected to reach to USD 29.45 Billion by 2026 from USD 3.07 Billion in 2020, at a compound annual growth rate (CAGR) of 45.70% during the forecast period 2021 to 2026”

Global Artificial Intelligence (AI) in Food and Beverages Market: Overview

Artificial Intelligence (AI) is the process of developing intelligent robots that act and react similarly to humans. The objective is to teach machines how to think intelligently in the same way humans do. Until recently, the machines did exactly what they were programmed to do. AI, on the other hand, will allow machines to think and behave in the same way that people do. In the food processing industry, artificial intelligence is being utilized to improve a variety of products, streamline operations, and improve the customer experience. Artificial intelligence (AI), today’s most significant general-purpose technology, is fast gaining momentum across industries, allowing for great innovation. Machine learning, deep neural networks, robotics, and other artificial intelligence (AI) techniques are being utilized in the Food and Beverage Industry to not only solve issues but also to make processes more efficient.

Request Your Free Sample Report of Global Artificial Intelligence (AI) in Food and Beverages Market @ https://www.fnfresearch.com/sample/artificial-intelligence-in-food-and-beverages-market

(The free sample of this report is readily available on request).

Our Free Sample Report Includes:

  • 2020 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 225+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of table & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Industry Major Market Players

  • ABB Ltd.
  • Agco Corporation
  • BBC technologies
  • BoMill AB
  • Bratney Companies
  • Buhler Holding AG
  • Compac Sorting Equipment
  • Duravant LLC
  • Foodable Network LLC
  • GREEFA
  • Honeywell International Inc.
  • INTELLIGENTX Brewing Co.
  • Key Technology Inc.
  • Martec Of Whitwell Ltd.
  • Max-Ai
  • MilltecClarfai Inc.
  • National Recovery Technologies Llc
  • QualySense AG
  • Raytec Vision SpA
  • Rockwell Automation Inc.
  • Sesotec GmbH Sight Machine Inc.
  • Startup Creator
  • TOMRA Systems

To know an additional revised list of 2020-2021 top market players, request a sample report: https://www.fnfresearch.com/sample/artificial-intelligence-in-food-and-beverages-market   

The food and beverage industry’s artificial intelligence (AI) market is extremely competitive, with several major players. In terms of market share, the sector is now dominated by large corporations. Acquisitions are made to broaden, complement, and improve the company’s product and service offerings, as well as to add new clients and certified workers, and to support expanding sales channels.

Key questions answered in this report:

  • What is the projected market size & growth rate of Artificial Intelligence (AI) in the Food and Beverages Market?
  • What are the key driving factors for the growth of Artificial Intelligence (AI) in the Food and Beverages Market?
  • What are the top companies operative in Artificial Intelligence (AI) in Food and Beverages Market?
  • What segments are covered in Artificial Intelligence (AI) in Food and Beverages Market?
  • How can I get free sample report/company profiles of Artificial Intelligence (AI) in Food and Beverages Market?

Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/artificial-intelligence-in-food-and-beverages-market              

Market Dynamics

The increasing concern about improving supply chain efficiency, as well as the ongoing adoption of sophisticated technologies in the food and beverage sector, is a key driver driving market expansion. The growing consumer preference for affordable, easily accessible, and fast food options in the food and beverage industry, the growing need for consumer buying behavior analysis and inventory forecasting to reduce food waste, the growing demand for AI implementation to improve supply chain processes, and the growing demand for automated food sorting are all major factors. The food and beverage industry’s increasing acceptance of big data technology to improve exploration and production capabilities, as well as an increase in venture capital investments, the food and beverage industry’s growing need for automation, and significant pressure to reduce production costs, will all contribute to AI’s growth in the food and beverage market. Over the last several years, AI has gained a lot of traction, with many firms spending heavily in researching the technology’s possibilities in the sector. AI is assisting food and beverage firms with supply chain management via logistics, predictive analytics, and transparency. AI in supply chains is assisting firms in their efforts to innovate quickly by decreasing time to market and building an agile supply chain capable of anticipating and coping with risks. This is propelling AI’s rise in the food and beverage industry.

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Global Artificial Intelligence (AI) in Food and Beverages Market: Report Scope

Report Attribute Details
Market Size 2020 Value USD 3.07 Billion
Market Forecast for 2026 USD 29.45 Billion
Expected CAGR Growth CAGR 45.70% from 2021-2026
Base Year 2020
Forecast Year 2021-2026
Top Market Players ABB Ltd., Agco Corporation, BBC technologies, BoMill AB, Bratney Companies, Buhler Holding AG, Compac Sorting Equipment, Duravant LLC, and Others
Segments Covered Organization Size, Application, End-Use, and Region
Geographies Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Pricing Options Request customized purchase options to meet your research needs. Explore purchase options

Global Artificial Intelligence (AI) in Food and Beverages Market: Segmentation

The global artificial intelligence (AI) in the food and beverages market is segregated based on organization size, application, end-user, and region. Based on organization size, the global artificial intelligence (AI) in the food and beverages industry is categorized into small, and medium & large enterprises. Based on application, the global artificial intelligence (AI) in the food and beverage industry is categorized into quality control and safety compliance, food sorting, production and packaging, consumer engagement, maintenance, and other applications.

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(You may enquire a report quote OR available discount offers to our sales team before purchase.)

North America is projected to Dominate Global Artificial Intelligence (AI) in Food and Beverages Market Growth

In terms of value, North America was the largest market for artificial intelligence (AI) in food and beverages in 2020. The North America region is expected to account for the largest share of AI in the food and beverages market over the forecast period. Along with the growing adoption of artificial intelligence among oilfield employees and service providers, as well as the significant presence of key AI vendors, notably in the United States and Canada. In the Asia Pacific, artificial intelligence in the food and beverage market is anticipated to grow at the fastest rate. The growing usage of deep learning and Neuro-Linguistic Programming (NLP) technology in applications, marketing, and finance is driving the rapid expansion of artificial intelligence in the food and beverage sector in the Asia Pacific. Furthermore, the presence of several of the region’s major market companies led to the region’s exponential expansion of artificial intelligence in the food and beverage sector.

Browse the full report Artificial Intelligence (AI) in Food and Beverages Market By Organization Size (Small, Medium & Large Enterprises), By Application (Food Sorting, Quality Control, and Safety Compliance, Consumer Engagement, Production and Packaging, Maintenance, and Other Applications), By End-Use Industry (Food Processing, Grocery, Hotels & Beverages Industry, and Others Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026 at https://www.fnfresearch.com/artificial-intelligence-in-food-and-beverages-market

Also Read, Artificial Intelligence (AI) in Food and Beverages Market 2021-2026 Press Release

The Global Artificial Intelligence (AI) in Food and Beverages Market is segmented as follows:

By Organization Size:

  • Small
  • Medium & Large Enterprises

By Application:

  • Food Sorting
  • Quality Control and Safety Compliance
  • Consumer Engagement
  • Production and Packaging
  • Maintenance
  • Other Applications

By End-Use Industry:

  • Food Processing
  • Grocery
  • Hotels & Beverages Industry
  • Others

Key Highlights of this Report:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data

For media inquiry, mail to: [email protected]

About Facts & Factors (FnF Research):

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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Artificial Intelligence

Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow

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Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.

Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
Logo – https://mma.prnewswire.com/media/2318845/3CLogic_logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/global-insurance-provider-selects-3clogic-to-streamline-ai-and-contact-center-capabilities-with-servicenow-302127739.html

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Artificial Intelligence

ScreenPoint Medical Leadership Transition: Pieter Kroese Confirmed as CEO

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Leading Breast AI Company, creator of industry-leading Transpara®, promotes from within for new CEO
NIJMEGEN, Netherlands, April 25, 2024 /PRNewswire/ — ScreenPoint Medical, today announced a significant transition in its leadership as Mark Koeniguer, the current CEO, steps down from his position. Mark served as CEO since 2022 and was instrumental in ScreenPoint’s commercial growth and success over the past 2 years.

 
 
The company’s Board of Directors has appointed Pieter Kroese as the new Chief Executive Officer effective April 25, 2024. Pieter takes the role after serving as COO of ScreenPoint for over five years. During that time, he has managed the transition of the company from an early startup to a thriving enterprise with hundreds of customers using ScreenPoint’s flagship Transpara software to support millions of scans a year.
“I am thrilled to lead ScreenPoint into its next phase of growth and innovation,” said Mr. Kroese. “I am deeply committed to building upon the strong foundation we have and continuing to work closely with our talented team to drive continued success. We are already expanding screening capacity and capability through proven reader support – we look forward to increasing our ability to support providers and women moving forward.”
Sir Michael Brady, Chairman of the Board at ScreenPoint Medical and a co-founder of the company, expressed enthusiasm about Pieter’s appointment, stating, “Pieter’s remarkable leadership qualities, coupled with his depth of knowledge of our product and industry, make him the perfect choice to lead ScreenPoint into the future. His strategic mindset and commitment to excellence align perfectly with our company mission of early breast cancer detection. Pieter has been an integral part of our growth to date and will provide seamless leadership through this transition into our next chapter for our customers, partners, and team.”
Author of “No Longer Radical” and over a hundred peer-reviewed publications on breast imaging, Dr. Rachel Brem is a Transpara user and ScreenPoint Board Member. Dr. Brem welcomed Mr. Kroese with the following: “Pieter has been an integral part of the ScreenPoint team for years. I am confident that his leadership will continue to deliver product excellence: earlier detection with outstanding reading workflow and improved patient outcomes. We continue to see these results from clinical sites all over the world, including many here in the United States. No other Breast AI solution has demonstrated the same results as Transpara, and I am confident that the team will continue to push on these frontiers under Pieter’s leadership.” 
The entire team at ScreenPoint extends its gratitude to Mark Koeniguer and wishes him every success in the future, while warmly welcoming Pieter Kroese into his new role as CEO.
About ScreenPoint Medical
ScreenPoint Medical translates cutting edge machine learning research into technology accessible by radiologists to improve screening workflow, decision confidence and breast cancer risk assessment. Transpara is trusted by radiologists globally because it has been developed by experts in machine learning and image analysis and updated with user feedback from world-renowned breast imagers.
See all the proof at: https://screenpoint-medical.com/evidence.
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View original content:https://www.prnewswire.co.uk/news-releases/screenpoint-medical-leadership-transition-pieter-kroese-confirmed-as-ceo-302127719.html

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Artificial Intelligence

Robotics Market to Surpass USD 126.96 Billion by 2031 | SkyQuest Technology

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WESTFORD, Mass., April 25, 2024 /PRNewswire/ — The growing need for automation, technological developments, and long-term cost reductions are driving a robust expansion in the worldwide robotics market. SkyQuest projects that Global Robotics Market size is poised to grow from USD 41.50 Billion in 2023 to USD 126.96 Billion by 2031, at a CAGR of 15% during the forecast period (2024-2031).

Download a detailed overview:
https://www.skyquestt.com/report/robotics-market
Browse in-depth TOC on the “Robotics Market”
Pages – 202Tables – 64Figures – 75Robotics Market Overview:
Report Coverage
Details
Market Revenue in 2023
$41.50 billion
Estimated Value by 2031
$126.96 billion
Growth Rate
Poised to grow at a CAGR of 15%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Application, End Users, and Region
Geographies Covered
North America, Europe, Asia Pacific, and the Rest of the world
Report Highlights
Collaborative Robotics
Key Market Opportunities
Prompting Several Industries to Adopt Automation Technologies
Key Market Drivers
Increasing Demand for Automation
Surge of Automation is Supporting Growth of Robotics Industry 
The industrial sector is generating high revenues for the global robotics market owing to extensive automation in manufacturing, which increases productivity and lowers overall production costs. Assembly line, painting, and welding robots have become essential, thereby propelling substantial market expansion in the automotive, electronics, and heavy duty sectors. Due to the increased usage of robots for non-manufacturing functions such as customer service, shipping, and healthcare, the services sector is expanding quickly. This rapid growth is being driven by technological improvements and the push for automation in services.
Surge in Advance Robotics is Bolstering Market Growth
The use of robotics in manufacturing processes is growing, and innovation in this field is happening quickly worldwide. By increasing productivity, efficiency, and precision, advanced robotics technologies—such as AI-driven automation systems and collaborative robots, or cobots—are transforming the manufacturing sector. The dominance of manufacturing in the worldwide robotics market is fuelled by the integration of robotics into manufacturing facilities, which helps businesses remain competitive in today’s dynamic market scenario.
Rising Interest in Service Robotics is Driving Demand for Robotics in Asia Pacific
Due to the strong demand for industrial and service robots in the region, Asia Pacific now leads the global robotics industry. China, Japan, and South Korea are among the nations that have made significant investments in the robotics sector recently. The Middle East and Africa are anticipated to register the fastest-growing rate for the global robotics market. The expansion is ascribed to the region’s growing adoption of automation technology, especially in the manufacturing and logistics industries.
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/robotics-market
Drivers:
Increasing Demand for AutomationAdvancements in AI and Machine Learning TechnologiesRestraints:
High Initial InvestmentsLack of Skilled WorkforceProminent Players in Global Robotics Market:
FANUC America Corporation (US)Epson Robotics (Japan)Staubli International AG (Switzerland)YRG Inc. (US)Comau S.p.A. (Italy)Northrop Grumman Corporation (US)Honda Motor Co., Ltd. (Japan)Seiko Epson Corporation (Japan)Yamaha Motor Co., Ltd. (Japan)Adept Technology, Inc. (US)View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/robotics-market
Key Questions Answered in Global Robotics Market Report
How big is the global robotics market, and what compound annual growth rate (CAGR) is it anticipated to deliver between 2024 and 2031?Which industries are fuelling the need for automation and fostering the expansion of the robotics sector?What impact have recent technological advancements and innovations had on the direction of the robotics market?Which well-known companies in the robotics industry are also major players in the global robotics market?This report provides the following insights:
Analysis of key drivers (increasing demand for automation across industries, improved the overall efficiency, productivity of the processes, demand for automation), restraints (high initial investments, difficult for small and medium-sized enterprises to invest, robots, sensors, and other equipment required not delivered), opportunities (advancements in AI and machine learning technologies, new opportunities for the robotics market, perform complex tasks with high accuracy), and challenges (lack of skilled workforce, maintenance of these robotics systems) influencing the growth of robotics marketMarket Penetration: Comprehensive information on the product portfolios offered by the top players in the robotics marketProduct Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the robotics marketMarket Development: Comprehensive information on lucrative emerging regionsMarket Diversification: Exhaustive information about new products, growing geographies, and recent developments in the marketCompetitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.Related Reports:
Global Service Robotics Market
Global Soft Robotics Market
Global Warehouse Robotics Market
Global Cloud Robotics Market
Global Robotic Welding Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific. 
Contact:Mr. Jagraj SinghSkyquest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/

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