AI In Food & Beverages Market: Driving Sustainability and Waste Reduction
The global AI in food & beverages market was valued at USD 8.45 billion in 2023 and is projected to reach USD 84.75 billion by 2030, with a compound annual growth rate (CAGR) of 39.1% from 2024 to 2030. AI is transforming the food and beverages industry by improving efficiency and automation in processing, sorting, and packaging, which helps reduce errors and meet global food demands. The importance of AI in maintaining stringent quality control and ensuring safety compliance is growing due to heightened consumer awareness and regulatory pressures. Furthermore, AI enhances personalized consumer engagement and marketing while optimizing supply chains to minimize waste and manage inventory effectively. Technological advancements, particularly the integration of AI with IoT and big data, are expanding its applications and impact across the sector. AI is reshaping the food and beverage industry by facilitating the creation of personalized food products tailored to i...