Food Automation Industry, Market Research Report, Size, Share, Demand, Forecast 2016-2024, Trends

By Goldstein Research || 2018-03-12 12:43:06 AM

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Automated Food Processing & Manufacturing: Improving Industrial Productivity

According to Goldstein Research, “Market players are strengthening their position by adopting innovative industrial automation and by diversifying their product portfolio by implying smart manufacturing technologies, solutions and services to expand their global presence in the market. Wide implementation of intelligent technology in equipment used for packaging, material handling, and other applications in the food sector is expected to strengthen the growth of food automation market across the globe.

Global Food Automation Industry Outlook 2024

Global food automation market is categorized on the basis of product type, by function and by the application. Application segment is further categorized into bakery & confectionary, beverages, fruits & vegetables, dairy, meat, poultry & seafood. Bakery & confectionary segment is expected witness notable growth during the forecast period owing to the increasing demand for bakery and confectionary products and high scope of implementation of automation. However, beverages segment held the largest share in 2016 and is expected to dominate the market during the forecast period. Wide application of automation systems such as PLCs, DCS, process safety systems, general motion control, real-time process optimization, production management and much more are contributing the growth of automation in beverages.

Global food automation market valued USD 7.68 billion in 2016, and with rising application of automation to improve the production and efficiency is expected to boost the growth of food automation market over the forecast period. Europe is accounted for the lion share of the market in 2016 as all small and large enterprises in Europe are adopting smart manufacturing to revolutionize the operation of food and beverage industry. Companies are more focused on information-enabled manufacturing systems and robotic system for food manufacturing, processing, packaging, storing and distribution.

Robotic application revolutionizing the food industry

Robotic food manufacturing is not only reducing the cost and human effort but it is also becoming an emerging trend in food and beverage industry. Leading vendors are introducing robots and automation control products for various applications performed in the food industry. For instance, robotic butchers, robots for food & vegetables pick and place, for cutting and slicing, cake decorating and pizza-baking are reducing the dependency on human workers and are opening the doors for new business opportunities for food automation market.

Global Food Automation Market

This report contains a detailed overview of the global food automation market in terms of market segmentation by product type, by function and by the application.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global food automation market also provides competitive outlook of some of the major players of global food automation market which includes profiling of companies such as Rockwell Automation, Siemens AG, ABB Ltd., Mitsubishi Electric Corporation, Schneider Electric SE, Yokogawa Electric Corporation, GEA Group, Fortive Corporation, Yaskawa Electric Corporation, Rexnord Corporation, Emerson Electric Co., Nord Drivesystems, Henan Chengli Grain&Oil Machinery Co., Ltd., Taizhou Zhongda Environmental Protection Equipment Co., Ltd., Dongguan Coso Electronic Technology Co., Ltd., Keb Automation Kg, Hollysys Automation Technologies Ltd., Horner APG LLC, Festo AG & Co. Kg, Elwood Corporation, Copa-Data GmbH, Ametek Inc., Honeywell International and General Electric. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global food automation market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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