-- Global food automation market has displayed the strong growth patterns in recent years due to increasing food safety regulations, rising demand for processed and advanced packaged foods, and increasing technological advancements in the food industry. Further, rising demand for advanced automated systems like robotics will fuel the growth of food automation market across the globe.
Meticulous Research® in its latest publication on Global Food Automation states that global food automation market is poised to grow at a CAGR of 7.1% from 2017 to 2022, to reach $11,468.7 million by 2022. Wherein, geographically, Europe will hold the major shares in this market followed by North American region. The major share of Europe is primarily attributed to the growing concern about health and wellness, limited availability of workforce, increasing demand for packaged food, rapid development and innovation in automation, and growing number of automated systems manufacturers.
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The report provides meticulous analysis of global food automation market by segmenting it on the basis of type (motors and generators, motor controls, discrete controllers and visualization, rotary linear products, and others), by application (packaging and repacking, grading and sorting, palletizing and depalletizing, processing, pick and place, and others), and by industry vertical (dairy processing, bakery and confectionary, beverages and distilleries, meat, fish and seafood products, and fruits and vegetables)
Among application areas, packaging and repacking commanded the largest share in the global food automation market mainly due to the increasing demand for more varied and advanced packaging, pack counts, and retail-ready packaging; costly compliance with hygiene regulations; increasing contamination and mislabeling risk; disproportion of ink used for printing; and increasing human errors in the food packaging process.
While among product type, motors and generators commanded largest share in the global food automation market. This is primarily attributed to their greater adoption due to low operating and maintenance cost, portability, higher life cycle of diesel engines, and least inflammable properties.
The key players analyzed in the global Food Automation Market are Rockwell Automation Inc., Siemens, ABB Group, Yokogawa Electric Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Emerson Electric Co., Fanuc Corporation, Destaco, JLS Automation, Yaskawa Electric Corporation, GEA Group, Proleit AG, Falcon Autotech, and Food Automation Pty. Ltd.
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Key Topics Covered in This Report:
1 Introduction
2 Research Methodology
3 Market Environment
3.1. Technology Trends
3.2. Trending Business Models in Food Industry
3.3. Funding Scenario
4 Industry Structure
4.1. Industry Composition-Supply Chain
4.2. Market Share-By Key Players
5 Executive Summary
6 Market Insights
6.1. Introduction
6.2. Market Dynamics
6.3. Drivers
6.4. Restraints
6.5. Opportunities
6.6. Challenges
7 Food Automation Market, by Type
7.1. Introduction
7.2. Motors and Generators
7.3. Motor Controls
7.4. Discrete Controllers and Visualization
7.5. Rotary and Linear Products
7.6. Others
8 Food Automation Market, by Application
8.1. Introduction
8.2. Packaging & Repackaging
8.3. Grading & Sorting
8.4. Palletizing & Depalletizing
8.5. Processing
8.6. Pick & Place
8.7. Others
9 Food Automation Market, by Industry Vertical
9.1. Introduction
9.2. Beverages and Distilleries
9.3. Dairy Processing
9.4. Bakery and Confectionary
9.5. Meat, Poultry and Seafood Products
9.6. Fruits and Vegetables
9.7. Others
10 Food Automation Market, by Geography
11 Competitive Landscape
12 Company Profiles (Business Overview, Recent Financials, Product Portfolio, and Recent Strategic Developments)
13. Appendix
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