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" 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.

Food and beverage manufacturers are still on the fence about artificial intelligence adoption. Many believe it isn't useful or plain do not know how to use it. According to research firm Mordor Intelligence, artificial intelligence in the food and beverage market was valued at U.S. $3.07 billion in 2020 and is expected to reach $29.94 billion by 2026 at a CAGR of over 45.77% during the forecast period, 2021-2026. The Association for Advancing Automation (A3) is made up of three principle daughter associations: robotics, machine vision and motion control/motor industries, where AI acts as a bridge across those technologies. One of the roles for Robert Huschka, vice president of Education Strategies, A3, is liaison to the strategic advisory committee on artificial intelligence.