Global Food Automation Market

Global Food Automation Market Size, Share, Growth Analysis, By Type(Motors and Generators, Motor Controls), By Component(Plant Level Controls and Enterprise Level Controls), By Application(Dairy, Bakery), By Automation(Semi-Automatic and Fully Automatic), By Function(Repackaging, Palletizing) - Industry Forecast 2024-2031


Report ID: SQMIG20H2020 | Region: Global | Published Date: April, 2024
Pages: 202 | Tables: 147 | Figures: 78

Global Food Automation Market Insights

Food Automation Market size was valued at USD 12.13 billion in 2022 and is poised to grow from USD 12.94 billion in 2023 to USD 21.74 billion by 2031, at a CAGR 6.7% of  during the forecast period (2024-2031).

Automation, also known as automatic control, is the use of control systems to operate different machines and equipment without the assistance of human workers. Due to the rising demands for profitability, productivity, and quality in the food industry, automation must be implemented. Food processing requires a lot of labour and is extremely monotonous and repetitive, which makes people less focused on quality control and increases the likelihood of various errors. These tasks can be automated to increase product quality and process effectiveness. It contributes to the preservation of food's consistency and quality, thereby assisting in preserving the brand value of food products. Depending on the size of the business and its expansion, either small or large scale players can adopt automation, and additional equipment and components can be added or customized with the least amount of resource waste.

The incorporation of numerous batch processes into an overall manufacturing system design that is used to provide online and continuous control capabilities from receiving raw materials to shipping finished goods has been made possible by recent technological advancements such as computer vision, expert systems, flexible manufacturing systems, systems engineering, computer integrated manufacturing, etc. For applications like palletizing and depalletizing, grading and sorting, packaging and repackaging, pick and place, processing, logistics, etc., automation has sped up the complex food packaging process. The use of automated systems has transformed the food manufacturing sector by bringing about a number of advantages, including better quality control, increased worker safety, end-to-end traceability, band and protection, and increased product efficiency.

US Food Automation Market is poised to grow at a sustainable CAGR for the next forecast year.

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Food Automation Market size was valued at USD 12.13 billion in 2022 and is poised to grow from USD 12.94 billion in 2023 to USD 21.74 billion by 2031, at a CAGR 6.7% of  during the forecast period (2024-2031).

Global Food Automation Market is fragmented and highly competitive. To maintain a competitive edge and increase their market position in the worldwide food automation market, leading companies are increasingly focusing on implementing tactics such as adopting new technology, product developments, mergers and acquisitions, joint ventures, alliances, and partnerships. Prominent players include Rockwell Automation, Inc., Siemens AG, ABB Ltd, Mitsubishi Electric Corporation and Schneider Electric SE. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Rockwell Automation, Inc.', 'Siemens AG', 'ABB Ltd.', 'Mitsubishi Electric Corporation', 'Schneider Electric SE', 'Yaskawa Electric Corporation', 'Emerson Electric Co.', 'Yokogawa Electric Corporation', 'GEA Group AG', 'Rexnord Corporation', 'Nord Drivesystems', 'Festo AG & Co. KG', 'Key Technology, Inc.', 'Fanuc Corporation', 'Omron Corporation', 'Bosch Packaging Technology (Robert Bosch GmbH)', 'JBT Corporation', 'Heat and Control, Inc.', 'SPX Flow, Inc.', 'Krones AG'

The per capita increase in food consumption and the growing rate of IoT plant automation are driving the growth of the food automation market. The Food Automation Market is expanding as a result of rising digitalization in the agricultural sector. Additionally, strict international laws governing food safety and rising health consciousness are macroeconomic factors that favourably affect the global food automation market. Rising technological innovation in automation is another important factor that will hasten the market's rate of expansion for food automation. Increased urbanisation and rising disposable income will boost the market for food automation. The market for food automation will experience further growth acceleration due to the growing adoption of automated systems in packaging and logistics.

Manufacturers create and package food using automation and robotics in the food industry. Technology has significantly improved food packaging by increasing food safety and shelf life. Due to AI, robotics, drones, and 3D printing in the food industry, food quality is increasing as production costs decrease. Manufacturers of food are now able to keep an eye on products and consumer demand, then use data analysis to match output to this need. Robotics and the creation of AI software enable this. Companies are better able to monitor food quality and safety when they are better equipped to assess crucial processes like processing, shipping, and storage, as well as whether food is accidentally tainted, where that food was sent, and where that food was purchased from. Recent significant investments in robotics and artificial intelligence have been made by a number of large food service companies.

Europe dominated the Global Food Automation Market in 2021 and is expected to continue this trend during the forecast period. This is because processed food and beverage products are in high demand, particularly in France, Germany, and Italy. Additionally, the region's demand for food automation is fueled by strict regulations imposed by regulatory bodies regarding the quality of processed food items. Additionally, developing regions like Eastern Europe are anticipated to experience significant growth in the processed food and beverage market, which will benefit the equipment industry and drive market expansion.

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Global Food Automation Market

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