Global AI in Food Preservatives Market By Sensors Type , By Application (Dairy Products, Meat and poultry products, Bakery Products, Beverages, Snacks, and Other Applications), By Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Report Overview

In 2022, the Global AI in Food Preservatives Market was valued at USD 420.0 Million. Between 2023 and 2032, this market is estimated to register the highest CAGR of 7.2%. This market is predicted to achieve a valuation of USD 827.3 Million by 2032.

Artificial intelligence is used in food preservatives to increase the shelf life of food products. Major companies are investing heavily in the research and development of new processes to increase the quality of food and products, which can easily spoil due to factors like temperature, humidity, precipitation, and many other factors.

That’s why proper spoilage tracking and prevention methods are required in the market to maintain the level of food quality.

Moreover, using advanced technology like artificial intelligence can reduce the spoilage of food and control the environment around the food by monitoring the food through various actuators and sensors. It would also inform the spoilage of food and the condition of food to the user by sending an alert message to the registered number on the smartphone.

With the increasing population across the world, the demand for food products is also increasing. And to fulfill this demand, many industries are adopting artificial intelligence technology-based food preservative methods to avoid the mass spoilage of food and offer a better quality of food to customers. This rising demand for AI-based solutions for food preservatives is driving the growth of AI in food preservatives market.

Key Takeaways

• Market Growth: The AI in Food Preservatives Market was valued at US$ 420 million in 2022 and is projected to reach US$ 827.3 million by 2032, with a compound annual growth rate (CAGR) of 7.2%.
• Role of Artificial Intelligence: Artificial intelligence is used in food preservatives to enhance the shelf life of food products. It helps prevent spoilage caused by factors like temperature, humidity, and other environmental factors.
• Quality Enhancement: Major companies are heavily investing in research and development to improve food quality and reduce spoilage. AI technology aids in tracking and preventing spoilage, ensuring the maintenance of food quality.
• Increasing Demand: With a growing global population, there is an increased demand for food products. AI-based solutions for food preservatives are becoming essential to prevent food spoilage and provide high-quality products, driving the growth of the AI in food preservatives market.
• Sensor Types: AI in food preservatives relies on various sensors, including gas detection sensors, humidity sensors, temperature sensors, and light sensors. Humidity sensors play a crucial role in detecting moisture levels, a common cause of food spoilage.
• Application Segments: Meat and poultry products cover the largest share of the AI in the food preservatives market, followed by bakery products. AI-based food preservatives are crucial for maintaining the quality of these products.
• Regional Dominance: North America leads the market, accounting for 35.6% of the major revenue share. The region’s dominance is attributed to the presence of companies offering AI-based food preservation techniques.
• Market Key Players: Major companies in the AI in the food preservatives market, such as Honeywell International Inc., ABB Ltd., and Rockwell Automation Inc., are investing in advanced technology for food preservation and storage.

Drivers

Increasing Demand for AI-based Food Preservatives to Avoid the Food Spoilage is Driving the Growth of AI in Food Preservatives Market.

The atmospheric and climate changes can spoil the food and degrade its quality. To avoid the spoilage of food from atmospheric changes, artificial intelligence is used in systems to detect the spoilage of food before it spoils the whole food. To prevail these benefits of advanced food preservatives, many industries, and individuals are using AI-based food preservatives. The rising demand for artificial intelligence-based food preservatives has boosted the growth of AI in the food preservatives market.

Artificial Intelligence based systems for food preservation helps to monitor and track the quality of food by using various sensors like gas detection sensor, light sensors, humidity sensors, and temperature sensors. These sensors detect the unusual change in the nature of food and inform the system to take the needed action. Therefore, to prevail these benefits, many industries and individuals are using AI-based food preservatives to avoid food spoilage. This is boosting the growth of the food preservatives market.

Restraints

High Costs of Installation and Maintenance are Restricting the Market Growth of AI in Food Preservative Market.

The high cost of the installation and maintenance of artificial intelligence-based food preservatives is restricting the growth of the market. The preservative uses many sensors for the detection of spoilage in the food. These sensors are expensive in the market and need regular maintenance from skilled personnel. These factors are restricting the growth of AI in the food preservatives market.

Also, the government of many countries across the world has implemented heavy rules and regulations regarding food safety and food quality owing to the use of food preservation techniques. Due to this, the use of preservatives is restricted in many parts of the world. All these factors are restricting the growth of artificial intelligence in food preservatives market.

Sensors Type Analysis

Humidity Sensors are Expected to Lead the Market in the Upcoming Period.

AI in food preservatives is classified on the basis of sensor types like gas detection sensor, humidity sensor, temperature sensor, and light sensor. Among these sensors, the humidity sensor segment is expected to dominate the market during the forecast period.

Humidity is the major reason for food spoilage in the food industry. The presence of a slight amount of moisture in the food can spoil the food and degrade it. Therefore, a humidity sensor helps to identify the presence of moisture content and reduce the extremity of food spoilage. This is driving the growth of the humidity sensors segment in the artificial intelligence (AI) in food preservatives market.

After humidity sensors, the temperature sensors are anticipated to grow during the forecast period. The temperature sensors help to detect the temperature of the food and around the food. Some food products need a specific range of temperatures for prolonged shelf life. That’s why temperature sensors help to adjust the temperature according to the type of food product. This is driving the growth of temperature sensors in the artificial intelligence (AI) in food preservatives market.

Application Analysis

Based on application, artificial intelligence (AI) in food preservatives is classified into Meat and poultry products, Snacks, Bakery Products, Dairy Products, Beverages, and other applications. From these applications, the meat and poultry products segment covers the largest share in global AI in food preservatives market.

The expanding meat, seafood, and poultry products processing industries across the world are raising the demand for artificial intelligence (AI) based food preservation systems to protect food products. This is driving the growth of meat and poultry products in the AI in food preservatives market.

Behind meat and poultry products, bakery products are anticipated to grow during the forecast period. The shorter shelf life of bakery products due to microbial presence is increasing the demand for artificial intelligence (AI) based food preservatives in the bakery product industries. This is driving the growth of the bakery products segment in the AI in food preservatives market.

Market Key Segments

Sensors Type

• Gas Detection Sensor
• Light sensor
• Temperature Sensor
• Humidity Sensor

Application

• Bakery Products
• Meat and poultry products
• Dairy Products
• Snacks
• Beverages
• Other Application

Opportunity

Advancing Technologies in Food Preservation is Expected to Create Lucrative Opportunities in the Market.

Currently, Food businesses are facing the major problem with food safety. To detect food quality related problems in the early stage of production, food businesses have to adopt well-developed monitoring systems. The available traditional food monitoring systems are ineffective due to the absence of upgradation and automation.

To tackle this problem, many major food businesses are moving towards artificial intelligence (AI) based food preservatives for food monitoring and avoiding food spoilage. This is creating an opportunity in the market for new players to introduce well-developed AI-based food preservation systems. The high demand for artificial intelligence (AI) based food preservatives is expected to create lucrative opportunities in the market during the forecast period.

Trends

The trend of Artificial Intelligence and other Advance Technologies is Boosting the Growth of the Market.

The main goal of artificial intelligence (AI) based food preservatives is to protect the food from degradation and restrict food spoilage before it causes further damage to food so that it can be eaten.

Many food businesses have huge amounts of food products to store for a long time and protect them from getting spoiled. To avoid this, many food businesses are adopting the trend of artificial intelligence (AI) based food preservatives. It helps to protect the food from spoilage and increases the shelf life of food.

Regional Analysis

North America Leads the Market with Major Share in Account.

North America region dominates the market by accounting for 35.6% of the major revenue share in the global AI in food preservative market. The domination of the North America Region is due to the presence of many companies offering artificial intelligence (AI) based food preservatives for food preservation in food businesses.

These companies help food businesses to avoid spoilage and degradation of food by offering advanced AI-based food preservation techniques to store and protect the food for a long time and increase the shelf life of the food. These factors are driving the growth of the North America region in the global AI in food preservative market.

Asia Pacific region is anticipated to experience high growth over the forecast period. The increasing adoption of advanced technologies like artificial intelligence in developing countries like India and China is driving the growth of the Asia Pacific region in the global AI in food preservatives market.

Key Regions and Countries

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America
• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Key Player Analysis

Many major companies in AI in food preservatives market are investing in the development of advanced technology for food preservation and storage. Key players are applying various strategies like collaboration, partnership, mergers, and acquisition to expand their businesses across the regions and increase their share in the market.

Market Key Players

• Honeywell International Inc.
• Martec of Whitell Ltd.
• Raytec Vision SpA
• ABB ltd.
• Sesotec GmbH
• Schneider Electric
• Bratney Companies
• TOMRA
• Rockwell Automation Inc.
• Key Technology Inc.
• Sight Machine Inc.
• Other Key Players

Recent Developments

• In October 2021, OptiMach and Schneider Electric Canada collaborated to develop an autonomous and robotic solution for OptiMach, which offers advanced technology like artificial intelligence-based solutions according to customer demand.
• In July 2021, Qualcomm Technologies, Inc. collaborated with Foxconn Industries to develop and deploy a new artificial intelligence-based system with high processing speed.

Report Scope