The Food Automation Market size was valued at US$ 12.51 Bn. in 2022 and the total Food Automation revenue is expected to grow at 7.3% from 2023 to 2029, reaching nearly US$ 20.49 Bn.
The Food Automation Market Report Scope and Research Methodology
The qualitative and quantitative data collected by primary research resources, free and paid databases, surveys, Google forms, etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the The Food Automation market.
The Food Automation Market Overview
The report insights about top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors which helps to analyse the The Food Automation Market.
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The Food Automation Market Regional Insights
A regional analysis typically includes a precise examination of market trends, competitive landscape, consumer behaviour, and regulatory environment in each region.
The Food Automation Market Segmentation
The meat, poultry, and seafood application category is anticipated to expand at a CAGR of 12.5% during the course of the projection period. The COVID-19 global outbreak caused serious staffing problems in chicken processing companies. The demand for robotic and automated technology solutions that can help reduce labor challenges and improve worker safety is rising as a result. Automation’s ultimate goal is to enhance or supplement employee experience rather than fully replace workers in plants that produce meat and poultry. Technology may reduce downtime, improve worker safety, and even eliminate human mistake when utilized properly.
Meat packing, and notably meat cutting, is still a labor-intensive process. Despite advances in technology, tasks like deboning, cutting out beef or chicken fillets, and other tasks still require the dexterity of the human hand and eye. It’s conceivable that this industry will go through numerous stages of technological adoption, with people still playing a crucial role. As a result, rather than being totally automated, it will most likely be semi-automated. For instance, back saw cutters can cut animal carcasses along the spinal column, but finer cutting, such reducing fat, is still fully done by real people, many of whom are immigrants in industrialized nations. According to the Bureau of Labor Statistics, cost-cutting continues to take precedence in the meat processing industry over safety.
1 Global Food Automation Market, by Type (2022-2029)
• Motors & generators
• Motor controls
• Discrete controllers & visualization
• Rotary products
• Linear products
• Others
2 Global Food Automation Market, by Application (2022-2029)
• Dairy
• Bakery
• Confectionery
• Fruit & vegetable
• Meat, poultry, and seafood
• Beverages
3 Global Food Automation Market, by Function (2022-2029)
• Processing
• Packaging & Repackaging
• Palletizing
• Sorting & Grading
• Picking & Placing
• Others
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The Food Automation Market Key Players
1. Rockwell Automation, Inc.
2. Siemens AG
3. ABB Ltd
4. Mitsubishi Electric Corporation
5. Schneider Electric SE
6. Yokogawa Electric Corporation
7. GEA Group
8. Fortive Corporation
9. Yaskawa Electric Corporation
10. Rexnord Corporation
11. Emerson Electric Co.
12. Nord Drivesystems
13. Horner APG
14. Frontmatec
15. Festo AG & Co. KG
16. Elwood Corporation
17. Copa-Data
18. Eaton
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Key questions answered in The Food Automation Market are:
- What is the The Food Automation market size of the dominating region?
- What was the The Food Automation market size in 2022?
- What is the expected The Food Automation market size by 2029?
- What is the growth rate of the The Food Automation Market?
- Which are the factors expected to drive the The Food Automation market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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