Food Automation Market By Key Players - ABB, Festo, Eaton, BEUMER Group, Siemens, Schneider Electric, Mitsubishi Electric Power Products, Inc., Emerson, Swisslog Logistics Automation, Kollmorgen, Rexnord, Yokogawa, Fortive, Nord Drivesystems Brasil Ltda,

Global food automation market is fragmented owing to several large and small industry players competing on the basis of price, distribution, service, promotion, quality, innovation and reputation. Growth opportunities of the players depend on the demographic trends and shifting consumer spending pattern. Penetrating competition makes the industry players to focus on offering innovative products to meet the consumers' demands.

Based on function packaging & re-packaging is the fastest growing segment owing to health and safety concerns. Manufacturers are expected to invest progressively in technological developments including automated packaging systems. Increasing necessity to overcome challenges of sustaining product safety and quality will drive food automation market size.

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Motors & generators is expected to account for the largest food automation market share owing to increasing importance of motors in motion regulating applications over the forecast timespan. Several industrialized countries are continuously experiencing high demand for high torque, high pressure and wash down applications with detailed motion control has substantially boosted their functionality. Increasing necessity to maintain smooth and effective functioning of systems will propel industry growth.

Food Automation Market size is anticipated to witness a noteworthy growth owing to inclination of consumers towards processed and ready to eat nourishments. Stringent regulations regarding consumer safety coupled with technological advancements in processing methods will further propel industry size.

Automation technologies are widely used in processing industries. It serves as a cost-effective solution by optimizing resource management, improving productivity, better asset management and mitigating security risks. Motors aid to offer appropriate functioning of systems, whereas generators ensure smooth operational flow. Additionally, implementation of different packaging machineries and robotics is anticipated to foster food automation market growth.

However, requirement of high initial capital investment is expected to hamper food automation market growth. Small and medium scale industry players frequently experience shortage of adequate capital to install automated machineries in their factories, that in turn restraint manufacturers businesses.

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Top Key Players in Food Automation Market:

1. ABB
2. Festo
3. Eaton
4. BEUMER Group
5. Siemens
6. Schneider Electric
7. Mitsubishi Electric Power Products, Inc.
8. Emerson
9. Swisslog Logistics Automation
10. Kollmorgen
11. Rexnord
12. Yokogawa
13. Fortive
14. Nord Drivesystems Brasil Ltda
15. Yaskawa America, Inc. - Drives & Motion Division
16. GEA Group,
17. AMETEK
18. Frontmatec
19. Copa-Data

Europe was estimated as the largest food automation market in 2016 owing to high demand for processed nourishment products, especially in Spain, Italy, UK, Germany and France. Moreover, stringent regulations imposed by several regional regulating bodies pertaining to the quality of processed nourishment products will fuel product demand over the forecast timeframe.

Asia Pacific is the fastest growing food automation market owing to rapidly expanding food & beverages industry in the region. Improved standard of living, rising disposable income and liberalization of foreign direct investment are key factors driving industry growth. In addition, increasing adoption of automated technologies in production facilities also drives regional food automation market.

Key market players in food automation market include BEUMER Group, Siemens, Schneider Electric, Mitsubishi Electric Power Products, Inc., Emerson, Swisslog Logistics Automation, Swisslog Holding, Kollmorgen, Rexnord, Yokogawa, Fortive, Nord Drivesystems Brasil Ltda, Yaskawa America, Inc. - Drives & Motion Division, GEA Group, ABB, AMETEK, Horner APG, Frontmatec, Festo AG & Co. KG, Elwood Corporation, Copa-Data and Eaton.

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