Artificial intelligence (AI) was valued at USD 3.07 billion in 2020 and is expected to reach USD 29.94 billion by 2026 at a CAGR of over 45.77% during the forecast period, (2021 – 2026) for the Food and Beverage market.
Changes in consumer demands toward preferring fast, affordable, and easily accessible food options have led to a transformation in the food and beverage industry, with market leaders leveraging advanced technologies, such as artificial intelligence and machine learning to scale operations and help companies stay relevant in a dynamic market environment.
Here are the top 3 AI solutions that F&B companies should consider implementing in 2022:
- AI solutions that help with supply chain management through logistics, predictive analytics, and transparency.
- AI solutions that digitize your supply chain to drive revenue growth and efficiency across the supply chain, via faster order processing.
- AI solutions that provide you with data analytics capabilities to help plan production runs.
So, what are your thoughts on AI? Have you implemented any AI solutions across your supply chain?