$14.3 billion, Food Automation Market by 2025 -Rockwell , Siemens ,ABB , Yokogawa , Mitsubishi , Schneider Electric , Emerson , Fanuc Corporation , Destaco , JLS Automation , GEA Group, Falcon Autotech , Food Automation Pty. Ltd.

Meticulous Research® – one of the leading global market research companies published a research report titled “Food Automation Market by Type (Motor & Generator, Motor Control, Rotary Products), Application (Packaging, Palletizing, Processing), Industrial Vertical (Dairy Processing, Bakery, Beverage, Meat Products) - Global Forecast to 2025”

According to this latest publication from Meticulous Research®, the global food automation market will grow at a CAGR of 7.5% from 2019 to reach $14,303.2 million by 2025

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Primarily market is driven by the increasing food safety regulations, rising demand for processed and advanced packaged foods, and increasing technological advancements in the food industry. Also, the increasing demand for automated systems will further fuel the growth of food automation market. However, high capital investments restrict the growth of the market to some extent.

The global food automation market is mainly segmented by type (motors and generators, motor controls, discrete controllers and visualization, rotary and linear products, and others), application (packaging and repacking, palletizing and depalletizing, processing, grading and sorting, pick and place, and others), industry vertical (dairy processing, bakery and confectionary, beverages and distilleries, meat, poultry and seafood products, fruits and vegetables, others), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

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Based on product type, motors and generators segment held the largest share of the market in 2018 and is expected to continue its dominance in the global food automation market during the forecast period, owing to their greater adoption due to low operating and maintenance cost, portability, higher life cycle of diesel engines, and least inflammable properties.

On the basis of application, packaging and repacking held the largest share of the global food automation market in 2018. This is mainly attributed to their greater adoption due to increasing demand for more varied & advanced packaging and pack counts and retail-ready packaging, costly compliance with hygiene regulations, increasing contamination and mislabeling risks, and growing human errors in the food packaging process.

Geographically, the food automation market is segmented into North America (U.S. and Canada), Europe (Germany, France, Italy, Spain, U.K., and RoE), Asia Pacific (China, India, Japan, Taiwan, Indonesia, South Korea, Australia, and RoAPAC), Latin America, and Middle East & Africa.

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The key players operating in the global food automation market are Rockwell Automation Inc., Siemens, ABB Group, Yokogawa Electric Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Emerson Electric Co., Fanuc Corporation, Destaco, JLS Automation, Yaskawa Electric Corporation, GEA Group, Proleit AG, Falcon Autotech, and Food Automation Pty. Ltd. among others.

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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This release was published on openPR.