The Infinium Global Research analyzes the Food Automation Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global food automation market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of food automation. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the food automation market during the period.
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The continuous growing competition among the food processing companies to provide food products at a cheap cost is forcing them to adopt automation in their processing and other allied activities of food processing. Further, the continuous increasing raw material cost and labor wages are reducing the profit margin of the owners in this labor-intensive manufacturing industry. Additionally, the growing focus for the efficient use of scarce resources as water and the raw material is motivating manufacturers to adopt automation in their business activities.
Additionally, the continuous growing demand for safe food, which has less human intervention during processing, packaging among the millennial consumers is catalyzing the growth of food automation market. However, the cost factor of modern food automation equipment is hampering the growth of the market. Moreover, the growing demand for safe food products at a low price in the developing countries is expected to boost the demand in the near future.
Global Food Automation Market: Segmentation
The global Food-automation market is segmented on the basis of type, function, and application. On the basis of type, the sub-markets include motors & generators, motor controls , discrete controller systems & visualization, rotary & linear products, and other types. On the basis of function, the sub-markets include packaging & re-packaging, palletizing, sorting & grading, picking & placing, processing, and other functions. On the basis of application, the sub-markets include dairy, bakery, beverage, confectionery, fruits & vegetables, meat, poultry, and seafood, and other applications.
North America is the Largest Player of the Food Automation Market
Geographically, the food automation market is segmented into four regions, namely North America, Europe, the Asia-Pacific, and RoW. North America is the largest player of the food automation market, owing to the presence of the several leading players in this region, who are actively engaged in this business. Additionally, presence of a large number of the food processing companies, fruits, and vegetable processing companies, and extensive presence of the fast-food retail chains in this region is continuously helping to grow this market in this region. Further, the Asia-Pacific is expected to grow at the highest CAGR during the forecast period, owing to the growing demand of the safe food products among the young and middle-class consumers in this region.
Global Food Automation Market: Competitive Analysis
The global Food-automation market comprises several players, some of few profiled companies in this report are Emerson Electric, Rexnord Industries, LLC, Yaskawa Electric Corporation, Fortive, GEA Group, Schneider Electric, Yokogawa Electric, Siemens AG, Rockwell Automation, Inc., and Mitsubishi Electric Corporation among others.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the food automation.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.