[205+ Pages Report] Facts & Factors published a report titled Food Automation Market provides a complete and comprehensive market overview. The global food automation market is estimated to grow at a CAGR of 7% from an initial value of USD 12 Billion in 2020 to a forecasted value of USD 28 Billion by 2026.
The technology of automation helps control and monitor the production of goods and services which was usually carried out by humans manually. Food automation is primarily used by the Food & Beverage industry for maintaining, product quality, consistency, high output, improved pickling and handling, and also to speed up the packaging process. The growing demand for superior quality, profitability, and higher food production is projected to drive the food automation market over the forecast period.
The food automation market growth is projected to bolster due to the rising consumer preferences for processed and ready-to-eat foods and growing technological advancements in automation. Moreover, the stringent international food safety regulations brought into effect by the regulatory bodies are also likely to augment the expansion of the food automation market. The growing adoption of automated & management solutions in the food & beverage industry to limit human intervention to limit chances of contamination or spread of the virus is projected to drive the market during the forecast period. Moreover, the advantages such as labor & time saving and high efficiency for plant & enterprise-level control solutions will bolster the market. Additionally, the growing investments in food automated solutions such as robotics and interconnected solutions for lowering labor-intensive processes will help in high productivity and quality. The changing consumer behavior and need for automated solutions for quality & productivity maintenance are other factors propelling the food automation market. However, slow investments by players, high requirement of investments in R&D activities, lack of awareness regarding food automated solutions, demand for skilled professionals, and variabilities in food products or processes are major factors behind the market restraint.
The global food automation market is segmented based on type, function, application, and region.
Based on type, the global food automation market is classified into rotary and linear products, discrete controller systems & visualization, motor controls, motors & generators, and others. The motors & generators segment accounts for the largest market share due to its multi-functional nature and demand for motor control applications. Additionally, the growing need for smooth & effective functioning and precision in the food industry is a significant factor bolstering the segment growth. The awareness regarding efficient energy management also propels the market. By function, the market is divided into sorting & grading, packaging & re-packaging, processing, pickling & placing, palletizing, and others. The palletizing & depalletizing segment is estimated to hold the largest market share due to growing awareness about robotics and sensor-based solutions for improving efficiency and lowering errors. On the basis of application, the food automation market is categorized into the beverage, bakery, dairy, fruits & vegetables, confectionery, meat, poultry & seafood, and others. The beverage segment is anticipated to grow faster owing to the advancements in the digitization of beverage manufacturing and the adoption of ERP and SCADA solutions for better product quality.
Report Attribute |
Details |
Market Size in 2020 |
USD 12 Billion |
Projected Market Size in 2026 |
USD 28 Billion |
CAGR Growth Rate |
7% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Rockwell Automation, Inc., Yokogawa Electric Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Siemens AG, ABB Ltd, GEA Group, Yaskawa Electric Corporation, Rexnord Corporation, Emerson Electric Co., Fortive Corporation, and Nord Drivesystems. |
Key Segment |
By Type, By Function, By Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Europe is anticipated to hold the largest market share due to the growing processed food & beverage market in the region. The region is expected to witness steady growth over the forecast period depending on the high standard of a living, hectic lifestyle, growing manufacturers, high disposable income, and demand for ready-to-eat foods. Asia-Pacific is projected to experience the fastest growth during the forecast owing to the strong market base, growing income levels, rapid urbanization, foreign investments, and changing diet. The adoption of improved robotics, sensors, and other automation hardware by China and Japan further helps the food automation industry grow. Moreover, stringent government regulations associated with food safety & quality to lower or prevent consumer illness support the adoption of food automation solutions.
Some of the key players participating in the food automation market include :
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