Global Food Automation Market Growth (Status and Outlook) 2023-2029

Global Food Automation Market Growth (Status and Outlook) 2023-2029

The food automation market is driven by the increasing inclination of consumers towards processed and ready to eat foods, technological advancements in automation and stringent international food safety regulations.

LPI (LP Information)' newest research report, the “Food Automation Industry Forecast” looks at past sales and reviews total world Food Automation sales in 2022, providing a comprehensive analysis by region and market sector of projected Food Automation sales for 2023 through 2029. With Food Automation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food Automation industry.

This Insight Report provides a comprehensive analysis of the global Food Automation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food Automation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Food Automation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Automation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food Automation.

The global Food Automation market size is projected to grow from US$ 8140.5 million in 2022 to US$ 10750 million in 2029; it is expected to grow at a CAGR of 4.0% from 2023 to 2029.

Packaging & repackaging is projected be the fastest-growing function for food automation during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Food Automation market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Processing
Packaging & Repackaging
Palletizing
Sorting & Grading
Picking & Placing
Others

Segmentation by application
Dairy
Bakery
Confectionery
Fruit & vegetable
Meat, poultry, and seafood
Beverages

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rockwell Automation (U.S.)
Siemens (Germany)
ABB (Switzerland)
Mitsubishi Electric (Japan)
Schneider Electric (France)
Yokogawa Electric (Japan)
GEA Group (Germany)
Fortive (U.S.)
Yaskawa Electric (Japan)
Rexnord (U.S.)
Emerson Electric (U.S.)
Nord Drivesystems (Germany)

Please note: The report will take approximately 2 business days to prepare and deliver.