The latest survey on Food Automation Market is conducted to provide hidden gems performance analysis of Food Automation to better demonstrate competitive environment. The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end-use applications. The report bridges the historical data from 2019 to 2023 and forecasted till 2030. The outbreak of the latest scenario in Food Automation market has made companies uncertain about their future outlook as the disturbance in the value chain has made a serious economic slump. Some are the key & emerging players that are part of the coverage and profiled in the study are ABB (Switzerland), Bosch Rexroth (Germany), Mitsubishi Electric Corporation (Japan), Festo (Germany), Rockwell Automation Inc. (United States), Schneider Electric SE (France), Yamatake Corporation (Japan), Staubli International AG (Switzerland), GEA Group (Germany), Buhler Group (Switzerland)
According to HTF Market Intelligence, the Global Food Automation Market is expected to see a growth rate of 6.7% from 2023 to 2030.
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Food Automation Market Overview
Food automation is the use of technology and machinery to streamline and optimize processes in the food industry. This includes automating tasks such as food preparation, processing, packaging, and distribution to improve efficiency, consistency, and safety while reducing labor costs.
Market Drivers
Growing demand for processed foods, technological improvements in automation, and strong food safety laws
Market Opportunities:
The growth of new markets, technological advancement in automation, and the combination of IoT and AI
Food Automation Market Segmentation
Market Analysis by Types: Industrial Robots, Machine Vision Systems, Automated Guided Vehicles (AGVs), Others
Market Analysis by Applications: Food Processing, Packaging, Warehousing and Distribution, Primary Processing
Market Leaders & Development Strategies:
In January 2024, ABB acquired Swiss start-up Sevensense, a leading provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). Sevensense was founded in 2018 as a spin-off from Swiss Technical University, ETH Zurich. strict regulations for food safety are enforced by agencies such as the US FDA and the European EFSA. These regulations must be followed by automation systems to avoid contamination throughout the manufacturing process.
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Important Features that are under offering & key highlights of the Food Automation market report:
1. Why lots of Key players are not profiled in the Study?
–> The market study is surveyed by collecting data from various companies from Food Automation industry, and the base for coverage is NAICS standards. However, the study is not limited to profiling only a few companies; connect with sales executives to get a customized list. The standard version of the research report is listed with players like ABB (Switzerland), Bosch Rexroth (Germany), Mitsubishi Electric Corporation (Japan), Festo (Germany), Rockwell Automation Inc. (United States), Schneider Electric SE (France), Yamatake Corporation (Japan), Staubli International AG (Switzerland), GEA Group (Germany), Buhler Group (Switzerland)
2. Does the Scope of the Market Study allow further Segmentation?
—> Yes, for a deep dive analysis add-on segmentation is applicable in a premium customized version of the report to better derive market values. The standard version of this report covers segmentation by Application [Food Processing, Packaging, Warehousing and Distribution, Primary Processing ], by Type [Industrial Robots, Machine Vision Systems, Automated Guided Vehicles (AGVs), Others], and by regions [In North America, In Latin America, Europe, The Asia-pacific, Middle East and Africa (MEA), What are the main countries covered , The United States, Canada, Germany, France, UK, Italy, Russia, China, Japan, Korea, Southeast Asia, India, Australia, Brazil, Mexico, Argentina, Chile, Colombia, Egypt, Saudi Arabia, United Arab Emirates, Nigeria & South Africa]
3. What level of granularity would the Country landscape cover?
—> In the premium version of the report, two-level of regional segmentations allow user to have access to a country-level break-up of market Size by revenue and volume*
* Wherever applicable
4. Does the Study also provide insights into macroeconomic factors?
—> Yes, the study also includes market factor analysis that includes macroeconomic factors, the inflationary cycle and its impact, and Russia-Ukraine war analysis and its effect on the value/supply chain.
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• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt, and South Africa.
• Europe: the United Kingdom, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, Australia, etc.
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- Identify segments with hidden growth potential for investment in Food Automation
- Benchmark performance against key competitors
- Utilize the relationships between key data sets for superior strategizing.
- Facilitate decision-making based on historic and forecast trends of Food Automation market
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
- Gain a global perspective on the development of the Food Automation market
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