Food Automation

Food Automation

Global Food Automation Market to Reach US$19.5 Billion by 2030

The global market for Food Automation estimated at US$12.9 Billion in the year 2023, is expected to reach US$19.5 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2023-2030. Motors & Generators, one of the segments analyzed in the report, is expected to record a 6.4% CAGR and reach US$7.8 Billion by the end of the analysis period. Growth in the Discrete Controllers & Visualization segment is estimated at 6.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.9 Billion While China is Forecast to Grow at 8.1% CAGR

The Food Automation market in the U.S. is estimated at US$2.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.7% and 5.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Global Food Automation Market - Key Trends & Drivers Summarized

Food automation encompasses the use of advanced technology and machinery to streamline and enhance various processes within the food and beverage industry. This includes everything from food production, processing, and packaging to distribution and inventory management. Automated systems help in performing repetitive and labor-intensive tasks with higher precision, speed, and consistency compared to manual labor. Robotics, conveyor systems, automated guided vehicles (AGVs), and advanced sensors are some of the key components in food automation. These technologies not only improve efficiency but also maintain higher hygiene standards by minimizing human contact with food products. In processing plants, automation is crucial for tasks such as sorting, slicing, mixing, and cooking, ensuring that food products meet stringent quality and safety standards.

Technological advancements have significantly bolstered the capabilities of food automation systems. Integration of artificial intelligence (AI) and machine learning enables these systems to adapt to changing conditions and optimize processes in real time. For instance, AI-driven quality control systems can detect defects in products with greater accuracy than human inspectors, ensuring only the best products reach the market. The Internet of Things (IoT) allows for seamless connectivity and data exchange between various pieces of equipment, facilitating better coordination and tracking throughout the production line. Additionally, developments in robotics have led to more flexible and multifunctional machines that can be easily reprogrammed to handle different tasks. These innovations have also led to the creation of smart packaging solutions that enhance product traceability and shelf life, further driving the efficiency and reliability of the food supply chain.

The growth in the food automation market is driven by several factors, reflecting the evolving needs and technological advancements within the food industry. One significant driver is the increasing demand for processed and packaged foods, fueled by changing consumer lifestyles and preferences for convenience. The rising concerns about food safety and quality control have also propelled the adoption of automation, as these systems provide more consistent and reliable outcomes. Labor shortages and the need for cost reduction in production processes are other critical factors encouraging the shift towards automated solutions. Furthermore, the push for sustainability and waste reduction in the food industry drives the development of automation technologies that minimize resource usage and enhance efficiency. The ongoing advancements in AI, robotics, and IoT are continuously expanding the capabilities and applications of food automation systems, making them more accessible and effective for food manufacturers. These factors collectively ensure the robust growth and continuous innovation in the food automation market, shaping the future of food production and processing.

Select Competitors (Total 118 Featured) -

• ABB Ltd.
• DESTACO
• Emerson Electric Co.
• Falcon Autotech Pvt Ltd.
• Food Automation Pty. Ltd.
• GEA Group Aktiengesellschaft
• Honeywell International Inc.
• JLS Automation
• NORD Drivesystems Pvt. Ltd.
• ProLeiT GmbH
• REGAL REXNORD CORPORATION
• Rockwell Automation, Inc.
• Schneider Electric SE
• Siemens Aktiengesellschaft
• Yaskawa Electric Corporation
• Yokogawa Electric Corporation

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