Press release
Analysis of Key Market Segments Driving the Food Automation Market
Food Automation Market
Projected Growth and Market Size Outlook for Food Automation
The food automation market is expected to experience rapid growth, reaching a value of $24.11 billion by 2029. This expansion corresponds to a compound annual growth rate (CAGR) of 10.0% during the forecast period. Factors driving this growth include the incorporation of artificial intelligence (AI) and machine learning (ML) technologies, increasing demand for flexible food production lines, and advancements in smart packaging and labeling. Additionally, the push for sustainable processing methods and ongoing research into next-generation automation tools are contributing to the upward trajectory. Key trends forecasted to shape this market encompass robotic automation in food handling, sophisticated packaging automation, automated systems for quality inspection and food safety, deployment of smart sensors and IoT devices for real-time monitoring, and the use of digital twin technology to simulate processing operations.
Download a free sample of the food automation market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6806&type=smp
Leading Companies Influencing the Food Automation Market
The food automation arena is dominated by several influential companies, including ABB Group, GEA Group AG, Mitsubishi Electric Corporation, Rexnord Corporation, Rockwell Automation Inc., Schneider Electric SE, Honeywell International Inc., Emerson Electric Company, Siemens AG, Yokogawa Electric Corporation, Yaskawa Electric Corporation, MicroThermics Inc., Semi-Bulk Systems Inc., Atlantic Packaging Products Ltd., Endress+Hauser Group, Krones AG, Tetra Pak International S.A., Robert Bosch GmbH, Duravant LLC, Bühler AG, JBT Corporation, Heat and Control Inc., Key Technology Inc., FANUC Corporation, Kawasaki Heavy Industries Ltd., KUKA AG, Adept Technology Inc., Stäubli International AG, and Omron Corporation.
Strengthening Market Position Through Strategic Acquisitions
A notable movement occurred in January 2022, when AMF Bakery Systems Inc., a US-based provider of automated bakery equipment solutions, acquired Workhorse Automation Inc. Although the financial details were not disclosed, this acquisition is set to enhance AMF's product range by incorporating robotics technologies and engineering capabilities from Workhorse. These technologies are designed to help bakeries automate processes and improve operational efficiency. Workhorse Automation, headquartered in the US, specializes in engineering and automation solutions primarily for the commercial baking sector.
View the full food automation market report:
https://www.thebusinessresearchcompany.com/report/food-automation-global-market-report
Technological Advancements Fueling Market Growth
One of the strongest trends shaping the food automation market is the rapid adoption of cutting-edge technologies. Innovations such as robotics, digital twin simulations, Internet of Things (IoT), analytics, data processing, and automated control systems are increasingly being implemented. These technologies aim to achieve full automation, minimizing human involvement, boosting profitability, and enhancing safety standards. For instance, in January 2022, Pazzi Robotics, a French startup specializing in kitchen software and robotics, launched a fully automated solution for the food and beverage industry that eliminates human intervention during operations. This system employs a combination of robotics, software, and data analytics to autonomously carry out food preparation and assembly tasks.
How the Food Automation Market Is Classified
This report segments the food automation market based on several criteria:
1) By Product Type: Mechanical Water Meter, Smart Water Meter
2) By Application: Residential, Commercial, Industrial
Further segmentation includes:
- Mechanical Water Meter subtypes: Woltman Water Meter, Single-Jet Water Meter, Multi-Jet Water Meter, Nutating Disc Water Meter
- Smart Water Meter subtypes: AMR (Automatic Meter Reading) Water Meter, AMI (Advanced Metering Infrastructure) Water Meter, Smart Ultrasonic Water Meter
This classification helps in understanding the diverse product offerings and their application areas, providing a detailed framework of the market landscape.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Analysis of Key Market Segments Driving the Food Automation Market here
News-ID: 4322254 • Views: …
More Releases from The Business Research Company
Competitive Landscape: Key Market Leaders and New Entrants in the Overhead Crane …
The overhead cranes industry is set for notable expansion over the coming years as demand for advanced lifting solutions grows across various sectors. Innovations in crane design and increasing adoption of eco-friendly operations are expected to play significant roles in shaping this market's future. Let's explore the market size projections, key players, influential trends, and segment details that define this evolving landscape.
Projected Market Size and Growth Trajectory for the Overhead…
Industrial Gearbox Market Analysis: Major Segments, Strategic Developments, and …
The industrial gearbox market is on track for substantial growth over the coming years, driven by advancements in technology and increasing industrial automation. As industries evolve with urbanization and the adoption of robotics, the demand for efficient and reliable gearboxes continues to rise. Let's explore the market's valuation, key players, trending developments, and detailed segment insights to understand its future trajectory.
Forecasted Market Value and Growth Drivers for the Industrial Gearbox…
Emerging Growth Patterns Driving Expansion in the Pulp and Paper Machinery Marke …
The pulp and paper machinery industry is poised for significant expansion in the coming years, driven by technological advancements and shifting market demands. As sustainability and efficiency become priorities, this sector is evolving rapidly, with innovations and strategic business moves shaping its future. Here is a detailed overview of the market size, key players, emerging trends, and important segments defining this vibrant industry.
Projected Growth and Market Size of the Pulp…
Global Factors Influencing the Rapid Evolution of the Electric Vehicle (EV) Supp …
The electric vehicle (EV) supply chain management sector is on a trajectory of significant growth, driven by advancements in battery technology and increasing industry collaborations. As the world accelerates its shift toward electric mobility, the need for efficient and transparent supply chains becomes paramount. This overview delves into the market's projected valuation, key players, main growth trends, and segmentation to provide a comprehensive understanding of the evolving landscape.
Forecasted Market Size…
More Releases for Meter
Smart Meter Market Set for Explosive Growth| Secure Meter, Kamsturp, Itron
Market Research Forecast published a new research publication on "Smart Meter Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Smart Meter market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the study…
Flow Meter Market Looks Ready For Takeoff: ABB, Badger Meter, Flexim
The Latest Released Global Flow Meter market study has evaluated the future growth potential of Global Flow Meter market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential…
Ultrasonic Water Meter Market Ultrasonic Water Meter Market
The proposed Ultrasonic Water Meter Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The Ultrasonic Water Meter Market sample report…
Water Meter Market 2021 Growing Demand, Size and Business Outlook- Ningbo Water …
MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Water Meter market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends.
The Water Meter Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and…
Smart Gas Meter Market Outlook 2017- Trilliant, Sensus, Billion, Wasion, Meter I …
A market study ” Global Smart Gas Meter Market ” examines the performance of the Smart Gas Meter market 2017. It encloses an in-depth Research of the Smart Gas Meter market state and the competitive landscape globally. This report analyzes the potential of Smart Gas Meter market in the present and the future prospects from various angles in detail.
The Global Smart Gas Meter Market 2017 report includes Smart Gas Meter…
Global Smart Meter Market (Electricity, Gas, Water): By Type - Smart Electricity …
MarketResearchReports.Biz adds “Global Smart Meter Market 2011 Share, Size, Trends and Forecast to 2022 Market Research Report” reports to its database. This report provides a strategic analysis of the Smart Meter market and the growth estimates for the forecasted period.
Global rise in energy demand along with the emerging trends in smart grid technologies, integration, and advanced infrastructure along with IoT (Internet of Things) has led to the growth of Smart…
