FOOD BUSINESS HARNESS AI FOR PRODUCTIVITY GAINS
February 18th, 2023
Artificial intelligence (AI) promises major productivity benefits for the food and beverage sector, from production lines to packaging. Analysis by Hyderabad, India-based Mordor Intelligence predicts that the value of AI in the food and beverage sector will grow from an estimated USD9.68 billion in 2024 to USD48.99 billion by 2029, representing a compound annual growth rate (CAGR) of 38% (1).
Meanwhile, data from Hamburg, Germany-based market data aggregator Statista shows that the global food automation and robotics market is anticipated to grow to around 5.4 ...
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