Big Data Market in Food & Beverages Industry: Forecast (2017-2022)
LONDON, Nov. 20, 2017 /PRNewswire/ -- Food & Beverages industry is one of the largest and most vital industries in the world. Big Data is next big thing being adopted in recent years and it is expected to revolutionize the business operations just as Internet did several years ago.
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The most important analysis for the industry with perishable goods such as food processing is the analysis of customer needs at the right place and at the right time. Such an analysis, insights regarding the industry developments can be obtained with the adoption of big data analytics into the industry. Big data analytics in Food & Beverage industry help in maintaining food quality, reducing spoilage, predictive maintenance among others.
The report big data market in Food & Beverage industry is segmented into 4 verticals: By data generators, by type, by data type, by application. Data generators refer to the sensors, recorders, consumer electronic goods and few others which act as data sources.
Regarding type report is classified into infrastructure, software & services. The three different data types mentioned in the report include structured, un structured and semi structured data types. By application report is segmented into Precision agriculture, customer & supplier analytics, quality control, food safety and others. Moreover report is segregated based on geographic regions that include Americas, Europe, APAC and RoW to provide intense knowledge about the market.
North America holds major share for big data market in Food & Beverages industry owing to major Food & Beverage industries using big data analytics in this region, increased concern regarding the safety of food among others. Asia Pacific is the fastest growing segment during the forecast period owing to growing demand from consumers to know their food better, enhanced technological developments in precision forming and others in this region.
Sample Companies Profiled in this Report are:
Sisense, Inc. (U.S.)
Agrible, Inc. (U.s)
IBM Corporation (U.S.)
Farmers Edge, Inc. (Canada)
Teradata (U.S.)
10+.
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