The food automation market size is expected to see rapid growth in the next few years. It will grow to $22.64 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to integration of artificial intelligence (ai) and machine learning (ml) in food automation, demand for flexibility and adaptability in food production lines, expansion of smart packaging and labeling technologies, focus on sustainable and eco-friendly food processing solutions, research and development in next-generation food automation technologies. Major trends in the forecast period include robotic automation for food handling and processing, advanced packaging automation, automated quality inspection and food safety systems, smart sensors and iot for real-time monitoring, digital twin technology for process simulation.
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Segmentation & Regional Insights
The food automation market covered in this report is segmented –
1) By Type: Motors And Generators, Motor Controls, Discrete Controllers And Visualization, Rotary Products, Linear Products, Other Types
2) By Operation: Semi Automatic, Fully Automatic
3) By Component: Plant Instrumentation, Plant-Level Controls, Enterprise-Level Controls
4) By Application: Bakery Products, Drinks, Candy, Snacks, Fruits And Vegetables, Meat, Other Applications
Western Europe was the largest region in the food automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food automation market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rising adaptability of automation is expected to propel the food automation market. The rapid push toward automation technology and increased expectations of consumers and regulatory agencies for better product quality and safety has in the increased adoption of automation across industries. It will provide with an effective and efficient solution in the food industry for better food quality, maximum productivity, and profitability with ensured safety using automation technologies to streamline various activities from food processing operations to packaging, reducing the manual effort, increasing safety and maximizing profits. For instance, in December 2021, according to the International Federation of Robotics (IFR), the steady growth of industrial robots reflects the adoption of automation in food and beverage manufacturing, with the total global operational stock of robots increasing by 8.6% in 2020. The operational robot stock in food and beverage manufacturing steadily increased from 81,500 in 2019 to 90,100 in 2020. This adoption was driven due to the availability of better technology, the need to stay competitive and improve workers’ safety. Therefore, the rising adaptability of automation will drive the growth of the food automation market.
Key Industry Players
Major companies operating in the food automation market include 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, JBS S.A., Sysco Corporation, Nestle S.A., Archer Daniels Midland Company, Cargill Incorporated, 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, Omron Corporation
The food automation market report table of contents includes:
1. Executive Summary
2. Food Automation Market Characteristics
3. Food Automation Market Trends And Strategies
4. Food Automation Market – Macro Economic Scenario
5. Global Food Automation Market Size and Growth
……………….
31. Global Food Automation Market Competitive Benchmarking
32. Global Food Automation Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Food Automation Market
34. Food Automation Market Future Outlook and Potential Analysis
35. Appendix
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