Food Automation Market Forecasts to 2028 – Global Analysis By Mode of Automation (Semi-Automatic, Fully-Automatic), Component (Enterprise-level Controls, Plant-level Controls), End User (Oils & Fats, Meat) and By Geography
According to Stratistics MRC, the Global Food Automation Market is accounted for $10.73 billion in 2020 and is expected to reach $21.23 billion by 2028 growing at a CAGR of 8.9% during the forecast period. The growing per capita food consumption and growth of the global food & beverage industry are driving the market growth. However, a stringent international food safety regulation is hampering the growth of the market.
Food automation delivers constantly improved quality, advances picking and handling times, and raises output by speeding up the packaging processes of the food product in food processing. The application of food automation in the food industry is all because of the growing demand for profitability, quality, and production of foods. To control and monitor the production and delivery of several goods and services automation is the formation of technology and its application. It performs tasks that were earlier complete by humans. Food automation is used in the food and beverage industry to formulate, processed, and packaged food products by a mechanical process.
Based on the mode of operation, the fully-automatic segment is going to have lucrative growth during the forecast period, due to factors such as, the increasing adoption of fully automated solutions for processing activities, such as picking & placing, palletizing & depalletizing packaging & repackaging, and grading & sorting. With the accessibility of industrial robot and robotics systems, as an alternative of human labors various food & beverages sector have automated there processing & packaging units. The tendency of substituting human labor with automatic systems is predictable to motivate the fully automatic operational mode.
By geography, Asia Pacific is going to have high growth during the forecast period, owing to the existence of big food & beverages manufacturing industries. The Asian countries, with China and Japan, have the foremost robotics, sensors, and automation hardware components that additionally lead the automation industry. Moreover, India, China, and Australia have a robust F&B manufacturing sector and export to other European and American countries, creating automation solutions. Furthermore, strict government regulations and standards associated with food safety & quality to stop consumer illness are the main reasons associate with the acceptance of food automation solutions.
Some of the key players profiled in the Food Automation Market include Mitsubishi Electric Corporation, ABB Ltd, Rockwell Automation Inc, Siemens AG, Yokogawa Electric Corporation, Schneider Electric SE, GEA Group, Fortive Corporation, Yaskawa Electric Corporation, Rexnord Corporation, Emerson Electric Co., Nord Drivesystems, Copa-Data, Festo AG & Co and Elwood Corporation.
Estimated Market Size in 2020:
USD 10.73 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 21.23 billion
Tables, Graphs& Figures
Type, Mode of Automation, Function, Component, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Discrete Controllers & Visualization
• Linear products
• Motor Controls
• Motors & Generators
• Rotary Products
Mode of Automations Covered:
• Bio Packaging
• Packaging & Repackaging
• Palletizing & Depalletizing
• Picking & Placing
• Sorting & Grading
• Enterprise-level Controls
• Plant Instrumentation
• Plant-level Controls
End Users Covered:
• Dairy Processing
• Beverages & Distilleries
• Bakery & Confectionery
• Oils & Fats
• Meat, Poultry, and Seafood Products
• Fruits & Vegetables
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Food Automation Market is majorly driven by the growing per capita food consumption and growth of the global food & beverage industry.
The fully-automatic segment is growing at a highest CAGR owing to factors such as, the increasing adoption of fully automated solutions for processing activities, such as picking & placing.
Europe dominated with a significant market share due to the factors such as increase in personalized medicines, identifying the genetic modifications and therapeutic areas across the region.
Asia Pacific market is growing at a highest CAGR owing to increasing deployment of food and packaging industry across various countries such as India & China in this region.
Key players in Food Automation Market include Mitsubishi Electric Corporation, ABB Ltd, Rockwell Automation Inc, Siemens AG, Yokogawa Electric Corporation, Schneider Electric SE, GEA Group, Fortive Corporation, Yaskawa Electric Corporation, Rexnord Corporation, Emerson Electric Co., Nord Drivesystems, Copa-Data, Festo AG & Co and Elwood Corporation.
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