The Global Food Automation Market will grow at a CAGR of 7.1% from 2017 to 2022 to reach USD 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 Report gives an extensive outlook on the multifarious verticals/industries served by the automation systems. These industries include dairy and dairy products, meat, fish, and seafood products; bakery and confectionary, brewery and beverages, and fruits and vegetables industry. The verticals/industry segment further briefly talks about the trends impacting the growth of these markets and the benefits involved with the use of automation systems in these verticals to improve overall productivity and efficiency.
Scope of the Report –
Market by Mode of Operation:
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 labor productivity.
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Market by Type:
• Motors and Generators
• Motor Controls
• Discrete Controllers and Visualization
• Rotary and Linear Products
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.
Market by Application:
• Packaging and Repacking
• Palletizing & Depalletizing
• Grading & Sorting
• Pick & Place
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.
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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.
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