Press release
Food Automation Market Analysis, Trends and Dynamic Demand by Forecast 2023 to 2032
Automation refers to the development of technology and its application to control and monitor the production and delivery of a variety of goods and services. It performs duties that formerly had to be completed by humans. Food automation is a term used in the food & beverage industry to describe an automated process for preparing, processing, and packaging food items. Food automation enhances the consistency of quality, reduces picking and handling times, and boosts productivity by speeding up the packaging of food products in the food processing industry.The rise in demand for profitability, quality, and food production has prompted the deployment of food automation in the food sector. The food packaging process, which comprises food sorting & grading, packing, and management operations, is simplified by automation in the food sector. Automation is an effective option for businesses that needs to overcome a variety of issues, such as increase in production, rise in yield, optimization of resource management, reduction of security concerns, and improvement in asset management.
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in the food industry. Automation is an efficient solution for businesses that need to address a range of difficulties, such as increased production, increased yield, resource management optimisation, security concerns reduced, and asset management improved.
Top Impacting Factors
Technological advancements in the food and beverage industries around the world are driving the demand for food automation. Furthermore, the need for creative, productive, and efficient technology is projected to have a big impact on the food automation business.
The worldwide food automation industry is expected to be significantly influenced by consumer preferences for processed and ready-to-eat foods. The advent of stringent international food safety laws in developed countries is projected to benefit market participants.
The rising usage of digitalization in the F&B industry, higher food safety requirements, and the deployment of automated technologies in packaging and logistical operations all contribute to market growth.]
Growth of fully automatic operations and palletizing sector
Based on the mode of operation, the market is segmented into semi-automatic and fully-automatic sectors. The completely automated sector is expected to grow at the fastest CAGR during the forecast period. This is due to an increase in the usage of fully automated solutions for operations such as selecting and putting, palletizing and depalletizing, packing and repackaging, and grading and sorting. Several food and beverage sector participants have automated their processing and packaging units rather than relying on human labour. The trend of substituting human labour with automated systems is expected to drive the entirely automated operational mode.
Packaging and repackaging, palletizing and depalletizing, grading and sorting, pick and place, butchery, and other applications drive the food automation business forward. Because of robots and sensor-based technologies that improve The palletizing and depalletizing category is predicted to have the largest market share in 2020 due to its efficiency and ability to eliminate common errors. Industry participants have developed application-specific robots and sensor-based systems to improve quality, working conditions, and production throughput.
Market Segmentation:
The food automation market can be segmented based on various factors, including type, application, and region. Here are some of the common segments in the food automation market:
By Type:
Motors & generators
Robotics & automation systems
Control devices & sensors
Discrete controllers & visualization
By Application:
Bakery & confectionery
Dairy & milk products
Meat, poultry, & seafood
Beverages
Fruits & vegetables
Others (including convenience foods, snacks, and grains)
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
By Functionality:
Packaging & re-packaging
Palletizing & depalletizing
Processing
Sorting, grading, & quality inspection
Pick & place
By End-User:
Food Manufacturers
Packaging Manufacturers
Equipment Manufacturers
These segments help in understanding the market dynamics, identifying opportunities, and formulating effective strategies.
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Competitive Landscape:
There are several players in the food automation market, including:
Rockwell Automation Inc.
ABB Ltd.
Siemens AG
Schneider Electric SE
Yokogawa Electric Corporation
Mitsubishi Electric Corporation
Fortive Corporation
GEA Group Aktiengesellschaft
Emerson Electric Co.
Krones AG
These companies are involved in the development and manufacturing of various automation solutions, including robotics and automation systems, control devices and sensors, and discrete controllers and visualization. They are also focused on providing customized solutions to meet the specific needs of their customers in the food industry. These players are investing heavily in research and development activities to develop innovative solutions that can help improve efficiency, productivity, and food safety in the food industry.
Why to buy this Report?
The report provides quantitative and qualitative aspect for the market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in the market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
§ Business Model
§ Production Capacity, Revenue, Sales, Gross Margin
§ Key Business Strategy
§ SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:
§ Company Share Analysis from 2018-2022
§ Company Analysis by Revenue and Sales
§ Company Production Capacity, Gross Margin
§ Company Share Analysis by Application/End Use
§ Company Share Analysis by Product/Specification
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Food Automation market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Food Automation would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Food Automation Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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