A comprehensive overview of the food automation market is recently added by UnivDatos Market Insights to its humongous database. The food automation report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the food automation market. The food automation report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates food automation at the global and regional levels. The Food Automation Market is expected to grow at a CAGR of more than 6% from 2021-to 2027.
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Market Overview
Rising disposable income, surging demand for processed food, etc., are some of the key factors that are contributing to the growth of food automation. Also, the decreasing labor productivity, labor working hours, and the total output as well. Deployment of robotics helps in increasing output, time-saving, smooth, and efficient operations as well. As per the U.S. Bureau of Labor Statistics, food manufacturing employs around 1.6 million workers. Furthermore, with surging mishappening during food processing and other operations, there is a greater demand for food robots. In 2018, the incident rate for food manufacturing workers in the U.S. was 4.2%. Burns, cuts, and slips are among the most common types of injuries in food processing plants.
COVID-19 Impact
The COVID–19 pandemic has negatively impacted several industries, including industries engaged in food and beverages manufacturing. Due to the social distancing norms and regulations by the government. Many F&B industries were operating below capacity. Furthermore, in April and May 2020, worker illnesses from COVID-19 led to the shutdown of several large beef and pork packing plants, as roughly 40% of processing capacity was brought offline in the United States. Also, the shortages of food items and price hikes were registered. As per Brain Corp, a firm that designs software used in automated floor cleaners, autonomous floor care robot usage has risen in recent months to about 8,000 hours of daily work, a 13% increase from pre-pandemic use.
However, with the stabilization in the economy, the demand for robots in the food sector is also started uplifting. As per Association for Advancing Automation, robot orders increase 67% in q2 2021 over the same period in 2020, showing a return to pre-pandemic demand for automation.
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The food automation market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By application, the market is primarily bifurcated into
• Processing
• Packaging & Repackaging
• Palletizing
• Sorting & Grading
• Others
The palletizing segment grabbed the major market share and dominated the market in 2020. however, the packaging & repackaging segment would witness an astronomical CAGR during the forthcoming years. as per the association for packaging and processing technologies, around 33% of the food processing and 94% of packaging operations are using robotics.
By end-user, the market is primarily bifurcated into
• Dairy
• Bakery
• Confectionery
• Fruit & vegetable
• Meat, poultry, and seafood
• Others
The meat-poultry & seafood segment grabbed XX% market share in 2020. As per Food and Agriculture Organizations in the United States, World total meat production is estimated at 337.2 million tonnes (in carcass weight equivalent) in 2020. However, the growing demand for dairy products by consumers is contributing to the growing share of this segment.
Food Automation Market Geographical Segmentation Includes:
· North America
· Europe
· Asia-Pacific
· Rest of the World
Based on the estimation, the Asia-Pacific region grabbed XX% market share in 2020. Surging disposable income coupled with the rising number of working parents across the globe is contributing to the growth of the demand for ready-to-eat food products, therefore, the demand for food automation is also rising. However, the North America region would witness considerable growth in the forthcoming years.
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The major players targeting the market include
• Rockwell Automation, Inc.
• Siemens AG
• ABB Ltd
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Yokogawa Electric Corporation
• GEA Group
• Fortive Corporation
• Yaskawa Electric Corporation
• Rexnord Corporation
The degree of competition among prominent regional companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the food automation market. The leading players have been analyzed by using research methodologies for getting insight views on global competition.
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Key questions resolved through this analytical market research report include:
· What are the latest trends, new patterns, and technological advancements in the food automation market?
· Which factors are influencing the food automation market over the forecast period?
· What are the global challenges, threats, and risks in the food automation market?
· Which factors are propelling and restraining the food automation market?
· What are the demanding global regions of the food automation market?
· What will be the global market size in the upcoming years?
· What are the crucial market acquisition strategies and policies applied by global companies?
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This analysis of the Global Food Automation Market aims to offer relevant and well-researched insights into the contemporary market scenario and the emergent growth dynamics.
The report on Food Automation Market also gives the market players and fresh contenders a holistic view of the global market landscape.
The comprehensive study will help both established and emerging players formulate lucrative business strategies and realize their short-term and long-term goals.The Food Automation industry has witnessed a stable growth rate in the past decade and is expected to continue on the same path in the forthcoming decades.
Therefore, it is crucial to recognize all investment opportunities, potential market threats, restraining factors, challenges, market dynamics, and technological development to intensify footholds in the Food Automation sector.
This report has evaluated all the above mentioned aspects to present a detailed assessment to the reader to assist them in achieving the desired growth in their businesses.To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2050Key participants include Rockwell Automation, Siemens AG, ABB Ltd, Mitsubishi Electric Corporation, Schneider Electric and Nord DriveSystems.
The robots are complemented by end of arm tooling, software products, and function packages and are suitable for applications such as bakery, meat, fish, fruit and vegetables, oils, and beverages.For the purpose of this study, Reports and Data have segmented the Food Automation market on the basis of type, function type, application, and region:Type (Revenue, USD Million; 2016–2026)Motor ControlsDiscrete controllers & visualizationRotary & linear productsFunction Type (Revenue, USD Million; 2016–2026)ProcessingPackaging & RepackagingPalletizingSorting & GradingPicking & PlacingOthersApplication (Revenue, USD Million; 2016–2026)DairyBakeryConfectioneryFruit & vegetableMeat, poultry, and seafoodBeveragesEnd Use (Revenue, USD Million; 2016–2026)HospitalClinicOthersRegional Outlook (Revenue in USD Million; 2016–2026)North AmericaEuropeAsia PacificMiddle East & AfricaLatin AmericaGrab Your Report at an Impressive Discount!
Today everything is getting digitally advanced so are our food industries getting advanced by using food automation technique in processing and packing the food in order to deliver the better quality to the consumers.
Across the verticals many small and medium scale companies are improving their productivity by the help of factory automation.The global Food Automation market focuses on encompassing major statistical evidence for the Food Automation industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market.
A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study.
In addition the Food Automation study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.
Key players in the global Food Automation market Mitsubishi Electric Corporation (Japan), ABB Ltd (Switzerland), Rockwell Automation, Inc. (United States), Scandinova Systems Ab (Sweden), Siemens AG (Germany), Yokogawa Electric Corporation (Japan) , Schneider Electric SE (France), GEA Group (Germany), Fortive Corporation (United States), Yaskawa Electric Corporation (Japan)Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/6840-global-food-automation-market Latest Report Available at Advance Market Analytics, “Food Automation Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
The Global Food Automation Market segments and Market Data Break Down are illuminated below: by Type (Motors & Generators , Motor Controls , Discrete Controller Systems & Visualization , Rotary & Linear Products , Others), Application (Dairy , Bakery , Beverage , Confectionery , Fruits & Vegetables ), Function Type (Packaging & Re-Packaging, Palletizing, Sorting & Grading, Picking & Placing, Processing) The Food Automation market study further highlights the segmentation of the Food Automation industry on a global distribution.
Food Automation Market Overview: This analysis of the Global Food Automation Market aims to offer relevant and well-researched insights into the contemporary market scenario and the emergent growth dynamics.
The report on Food Automation Market also gives the market players and fresh contenders a holistic view of the global market landscape.
The comprehensive study will help both established and emerging players formulate lucrative business strategies and realize their short-term and long-term goals.The Food Automation industry has witnessed a stable growth rate in the past decade and is expected to continue on the same path in the forthcoming decades.
Therefore, it is crucial to recognize all investment opportunities, potential market threats, restraining factors, challenges, market dynamics, and technological development to intensify footholds in the Food Automation sector.
This report has evaluated all the above-mentioned aspects to present a detailed assessment to the reader to assist them in achieving the desired growth in their businesses.Market Size – USD 9089.0 Million in 2018, Market Growth - CAGR of 7.1%, Market Trends – Technological advancements and the stringent food safety regulations.This report covers the recent COVID-19 incidence and its impact on Food Automation Market.
This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.Read more at: https://www.reportsanddata.com/report-detail/food-automation-marketKey Players: Rockwell Automation, Siemens AG, ABB Ltd, Mitsubishi Electric Corporation, Schneider Electric and Nord DriveSystems.
