Food Automation Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Automation is the formation of technology and its application to control and monitor the production and delivery of various goods and services. It executes tasks that were previously done by humans. Food automation is used in the food and beverage industry to prepare, processed, and packaged food products by an automated process. Food automation provides consistently better quality, improves picking and handling times, and increases output by speeding up packaging processes of the food product in food processing. The implementation of food automation in the food industry is all because of the increasing demand for profitability, quality, and production of foods.

MARKET DYNAMICS

Technological advancements in food and beverage industry across the globe is driving the demand for food automation market. Furthermore demand for advanced machinery with high productivity and efficiency is also projected to greatly influence the food automation market. Moreover, inclination of consumers towards processed and ready to eat foods worldwide is expected to have a robust impact in the food automation market. Emerging strict international food safety regulations in the developed nation is estimated to generate untapped opportunity for the market participants.

MARKET SCOPE

The "Global Food Automation Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of food automation market with detailed market segmentation by type, function, application and geography. The global food automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food automation market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global food automation market is segmented on the basis of type, function and application. Based on type, the market is segmented into motors & generators, motor controls, discrete controller systems & visualization, rotary & linear products and others. On the basis of the function the market is segmented into packaging & re-packaging, palletizing, sorting & grading, picking & placing, processing and other functions. On the basis of the application the market is segmented into dairy, bakery, beverage, confectionery, fruits & vegetables, meat poultry and seafood, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global food automation market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The food automation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting food automation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the food automation market in these regions.

MARKET PLAYERS

The reports cover key developments in the food automation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from food automation market are anticipated to lucrative growth opportunities in the future with the rising demand for food automation in the global market. Below mentioned is the list of few companies engaged in the food automation market.

The report also includes the profiles of key food automation companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

• ABB
• GEA Group AG,
• Mitsubishi Electric Corporation
• Rexnord Industries, LLC
• Rockwell Automation, Inc.,
• Schneider Electric SE
• Siemens AG
• The Emerson Electric Co
• The Yaskawa Electric Corporation
• Yokogawa Electric Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Food Automation Report Scope