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Market Research Report

Global Food Automation Market Outlook

Published On : 2018-01-24 Report Page : 270 Category: Industrial Automation

Global Food Automation Market

Market Overview

Distribution of healthy and safe products which includes high cost of raw materials and energy in food and beverage industry is a major challenge. To meet the changing consumer’s habit and preferences, market players are trying to provide innovative solution and are applying automation in food and beverage industry in order to manage the production and market competitiveness together without any compromise. Food & beverage sector is one of the key industrial priorities and is also a multi-trillion dollar market; however changing operational cost is likely to impact the growth of food & beverage industry. Change in cost of operation is driving the need for automation solutions and advance equipments which can provide reliable, flexible and scalable services and supports the growth of this industry. Moreover, high operational & labor cost and low productivity is increasing the requirement for the use of robots in food & beverage sector. Implementation of robots resulted in nearly 48% of capital savings and automation in food increased the production by 30% in 2016. Although, applications of robots are still at nascent stage, companies are adopting robots to increase the productivity. For instance, FANUC Robotics Inc. introduced number of pick-and-place articulated robot for the food industry which also meets stringent hygiene regulations provided by Food and Drug Administration (FDA).

Food quality, cost and productivity are an integral part of food processing and packaging and implementation of automation helps the market players in achieving effective supply chain management. Food processing and packaging companies are continuously enhancing their entire automation and supply chain processes by utilizing advanced technology to improve the manufacturing and production systems.

Market Segmentation

Global Food Automation Market is segmented on the following basis:

Based on Product Type

  • Motor Controls
  • Rotary Products
  • Linear Products
  • Motors & Generators
  • Discrete Controllers & Visualization

Based on Function

  • Palletizing
  • Processing
  • Sorting & Grading
  • Packaging & Repackaging
  • Picking & Placing

Based on Application

  • Bakery & Confectionary
  • Beverages
  • Fruit & Vegetables
  • Dairy
  • Meat, Poultry & Seafood

Based on Geography

  • North America (U.S. & Canada) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  •  Latin America (Brazil, Mexico, Argentina & Rest of Latin America) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}
  •  Rest of World {Market Size (USD Billion), Growth Analysis (%) and Adoption Rate (%)}

Market Size and Forecast (2016-2024)

Global food automation market is anticipated to reach USD 13.6 billion by 2024 in terms of value, growing at a CAGR of 7.40% during the forecast period. Rising inclination of consumers towards ready to eat and processed foods and growing technological advancements in automation are likely to support the expansion of automation in food industry in the near future.

Huge demands of processed food with growing number of manufacturers in Europe are accelerating the growth of food automation market in the region. Europe region dominated the global food automation market in 2016 followed by North America. Robust domestic industry and increasing number of supplier for automation equipments in the U.S. are contributing the growth of North America food automation market.

Market Drivers and Challenges

Growing importance on product quality and lean manufacturing, rising demand for scalability and increasing innovations for interoperability between machinery, sensors, controllers, drives and other equipments are driving the demand for automation in food sector. Moreover, implementation of computer numerical control (CNC) technology is powering the growth of automation food manufacturing industry. However, rising tax rates on automated equipments in many countries also increase the cost of food products which is expected to hamper the growth of food automation market. Moreover, market players are facing challenges in operating outside their country due to the availability of products at competitive price provided by regional players. 

Key Market Players

  • Rockwell Automation
    • Synopsis
    • Business Strategy
    • Product Portfolio
    • SWOT Analysis
  • 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
  • General Electric

Scope Background

Market Synopsis

Market Segmentation

The Global Food Automation Market is segmented as follows:

  • By Product Type (Market Size, Demand Analysis and Growth Analysis)
  • By Function (Market Size, Demand Analysis and Growth Analysis)
  • By Application (Market Size, Demand Analysis and Growth Analysis)

By Region

· North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}

  • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
  • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
  • Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
  • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
  • Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

Key Market Players

  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks


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Global Food Automation Market Outlook

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