11-Jan-2021 | Zion Market Research
As per the Zion Market Research analysts, the valuation of the global food automation market is anticipated to be around USD 13,989.9 million by 2025, expanding at around 7.3% CAGR during the forecast period from 2019 to 2025. The prominent players active within the global food automation market consist of Siemens, Rockwell Automation Inc., Yokogawa Electric Corporation, ABB Group, Schneider Electric SE, Mitsubishi Electric Corporation, Fanuc Corporation, Emerson Electric Co., JLS Automation, Destaco, GEA Group, Yaskawa Electric Corporation, Falcon Autotech, Food Automation Pty. Ltd., and Proleit AG, among others.
Rising Customer Inclination To Ready-To-Eat And Processed Meals Likely To Boost Market Growth
The expansion of the global food automation market is anticipated to register a considerable growth during the forecast period on account of rising customer inclination to ready-to-eat and processed nourishments. Further, strict rules concerning consumer safety together with technological innovations in processing techniques are expected to drive market growth. Also, factors like mass production, improved safety, brand protection, quality control, food standardization, and labor reduction are a few of the key aspects anticipated to propel the food automation market growth. In addition, the rising stipulation for highly developed automated systems like robotics is also projected to fuel the expansion of the global market in the years to come.
Beverages Segment, Based On Application, Expected To Lead The Global Market
Beverages segment, based on application, is anticipated to rule the global food automation market. The rising exigency in production processes of beverages, new product launches, and constant innovations are considerably stimulating product penetration, thus boosting the global food automation market growth. Complete vertical incorporation of beverage production processes by implementing process-computerized solutions together with optimization of the value chain is also anticipated to drive the market growth. The packaging & re-packaging segment, on the basis of function, is the most rapidly developing one because of the safety and health concerns. Producers are anticipated to spend increasingly in technological improvements comprising automated packaging systems. In addition, the rising need to prevail over issues of sustaining product quality and safety is expected to fuel the global food automation market growth.
Asia Pacific Anticipated To Exhibit Highest Rate Of Growth During The Forecast Period
During the forecast period, Asia Pacific is projected to observe a considerable growth rate on account of the flourishing F&B industry in this region. The expansion of the industry can be attributed to the rising alertness about health, urbanization, and disposable income. As a result of this, several F&B industry players are shifting to automation processing from manual processing to develop new products and augment the output, thereby propelling the food automation market growth. Further, an increasing count of manufacturers actively participating in the F&B industry is also projected to drive the regional market expansion.
Browse the full “Global Food Automation Market - By Function (Sorting & Grading, Palletizing, Processing, Picking & Placing, Packaging & Repackaging, And Others), By Type (Motor Controls, Discrete Controllers & Visualization, Rotary Products, Linear Products, Motors & Generators, And Others), By Application (Confectionery, Dairy, Bakery, Meat, Poultry, & Seafood, And Beverages), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/food-automation-market
The global food automation market is segmented as follows:
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