Food Automation Market Growth, Trends, Scope, Competitor Analysis and Forecast 2022 to 2029

Food Automation Market Overview:

The use of software, sensors, sophisticated learning algorithms, and robots in the food industry supply chain to reduce the need for human labour and increase supply chain efficiency is referred to as food industry automation. This is a food supply chain that starts with food production and moves on to food processing and delivery, food storage and sale in supermarkets, and food sale in restaurants. Many of these automation methods may help the food industry manage various challenges such as staffing, quality control, safety, and product movement, all while offering SKU diversity and associated demand. However, the food industry is notoriously resistant to automation at all points along the supply chain, though this has begun to improve in the aftermath of the COVID-19 outbreak.

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The versatile benefits offered by food automation systems at various stages of food processing are a major driver of market growth:

There are numerous advantages to automating food production. The ability to reproduce a product's aesthetic and quality with minimal ingredient usage not only increases line efficiency, resulting in a bottom-line profit, but it also has the potential to increase sales. Concurrently, increased traceability of raw components will result in improved food safety. As a result of highly competitive retailers consistently driving down prices, rising raw material costs, and skyrocketing utility rates in a labor-intensive industrial environment, food producers are attempting to automate their manufacturing processes.

Food Automation Market Segment:

The meat, poultry, and seafood application segment is anticipated to expand at a CAGR of 12.5% over the course of the forecast period. The COVID-19 global outbreak caused serious staffing problems in poultry processing plants. The demand for robotic and automated technology solutions that can help reduce labour challenges and improve worker safety is rising as a result. Automation's ultimate goal is to enhance or supplement employee experience rather than completely replace workers in factories that process meat and poultry. Technology can reduce downtime, improve worker safety, and even eliminate human error when used properly.

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Food Automation Market Key players:

• Siemens AG
• ABB Ltd
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Yokogawa Electric Corporation
• GEA Group
• Fortive Corporation
• Yaskawa Electric Corporation
• Rexnord Corporation
• Emerson Electric Co.
• Nord Drivesystems
• Horner APG
• Frontmatec
• Festo AG & Co. KG

Regional Analysis:

The five primary geographical regions of the Food Automation market are North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Research methodology:

• Top-down and bottom-up methods are used to estimate and validate the size of the worldwide Food Automation market. Participants diligently adhere to the many classification requirements set forth by the firm to compile a comprehensive list of notable and active players. The businesses that are most relevant to the market under consideration are chosen after a thorough validation procedure.
• Preference lists are arranged using commercial databases like Factiva, Bloomberg, and others in accordance with the revenue generated in the most recent quarter.
• In addition, the questionnaire was created expressly to meet all requirements for appointment-only primary data collection based on the key target categories. This facilitates our ability to gather data on a variety of topics, including player earnings, operating costs, profit margins, and the expansion of various commodities and services. The World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and other sources are used to verify about 70-80% of the data before usage.

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