Meticulous research has launched a new line of " Food Automation Market " Report for food and beverage applications.
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
You will get brief idea about research and its application with this sample copy @ https://www.meticulousresearch.com/download-sample-report/cp_id=4956
Market primarily 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. Moreover, lack of skilled workforce and training has significantly challenged the adoption of automation in various food sectors in many parts of the globe.
Geographically, the global food automation market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analysed at a country level with the detailed qualitative and quantitative analysis. Europe accounted for the largest share of the global food automation market in 2018, followed by North America and Europe.
The major share of the European region is mainly attributed to the increasing wages, stringent food safety regulations, acquisitions by the giant players, and growing trends for automated systems in the manufacturing lines. On the other hand, Asia-Pacific region is projected to grow at a fastest CAGR during the forecast period, mainly due to growing demand for processed and packaged foods, changing consumer habits and tastes with the adoption of western foods, and the emerging economies.
Browse in depth report: https://www.meticulousresearch.com/product/food-automation-market-4956/
The key players 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.
Scope of the Report:
2. Research Methodology
3. Market Environment
4. Industry Structure
5. Executive Summary
6. Market Insights
7. Food Automation Market, by Product Type
8. Food Automation Market, by Application
9. Food Automation Market, by Industry Vertical
10. Food Automation Market, by Geography
11. Competitive Landscape
12. Company Profiles
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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, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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