Food Automation Market
The Global Food Automation Market will grow at a CAGR of 7.1% from 2017
to 2022 to reach $11,468.7 million by 2022, according to the latest publication
from Meticulous Research®. The food automation market is 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 growing 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.
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), by mode of operation (semi-automatic and automatic), by
applications (packaging and repacking, palletizing and depalletizing,
processing, grading and sorting, pick and place, processing, and others), by
industry verticals (dairy processing, bakery and confectionary, beverages and
distilleries, meat, fish and seafood products, and fruits and vegetables) and
by geography (North America, Europe, Asia-Pacific, Latin America, and Middle
East & Africa).
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Based on product type,
motors and generators held the largest share of the market in 2017 and expected
to continue their 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.
Based on the mode of
operation, semi-automatic systems accounted for the major share of the global
food automation market in 2017, owing to the greater adoption of these systems
due to their low complexity and affordability as compared to automated systems,
and improved labour productivity.
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On the basis of
application, packaging and repacking held the largest share in the global food
automation market in 2017. 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. Europe commanded the largest share in the global
food automation market in 2017, followed by North America and Asia-Pacific. The
large share of this market is mainly attributed to the rising minimum wages,
stringent food safety regulations, acquisitions from the giant players, and
growing trends of automated systems from the manufacturing lines.
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However, Asia Pacific and
Latin American regions are expected to witness significant growth during the
forecast period due to growing demand for processed and packaged foods,
changing consumer habits and tastes with the adaptation of western foods, and
growing economies in the region. In addition, the expansion of major players
into the developing countries further supports the growth of food automation
market in the region.
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.
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About Meticulous Research®
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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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