The emerging food automation market is bringing safety and increasing profitability to food manufacturers. Advanced automation technologies such as robotics, the Internet of Things (IoT), data analytics, digital twins, artificial intelligence and the like will take center stage in the workplace. Not surprisingly, the global food automation market was valued at US$10.3 billion in 2022 and is projected to reach US$15.1 billion by 2030, growing at a CAGR of 4.9% from 2022 to 2030. will grow. Some of the factors driving this growth are increasing stringent international food safety regulations, consumer preference for processed and ready-to-eat foods, and improvements in automation.
market segmentation
Based on type, the global food automation market is segmented into motor control, rotary, linear, discrete control and visualization. Due to its multifunctional nature, the motor control segment is expected to have a significant market share.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East, and Africa. North America is projected to hold a sizeable market share between 2023 and 2028, and the Asia-Pacific market is growing rapidly due to increased demand for packaged and processed foods.
Depending on the application, the market is divided into palletizing and depalletizing, packaging and repackaging, slaughtering, sorting and sorting, loading and placing and others. Packaging and Outer Packaging segment is projected to grow at the highest CAGR during 2020-30. This is due to the increasing demand for advanced packaging solutions in the meat, fish, dairy, beverage, bakery and confectionery sectors.
End-user segmentation divides the market into Beverages & Distilleries, Oils & Fats, Dairy Processing, Meat, Poultry & Seafood, and Fruits & Vegetables. Among these, the Beverages and Distilleries segment is expected to grow at the highest CAGR in 2022-27 owing to the demand for alcoholic and non-alcoholic beverages combined with health beverages.
In terms of components, the market is segmented into Plant Level Controllers, Enterprise Level Controllers and Plant Instrumentation. The plant-level controls business is expected to grow the most during the forecast period.
Operating mode is another way of segmenting the market into fully automatic and semi-automatic modes. The fully automated mode is projected to grow at the highest CAGR during the forecast period.
Food Automation Market Analysis
According to reports, the global food automation market is expected to grow at a CAGR of 7.4% over the period 2023-2028. Automation in the food industry is growing day by day.
In 2021, the global food robotics market reached $1.9 billion. Going forward, it is expected to reach $3.9 billion by 2027, with a CAGR of 12.27% over 2022-2027.
Manufacturers are increasingly using automated systems as they offer greater efficiency, worker safety, waste reduction and speed.
With increasing purchasing power and changing lifestyles, the demand for processed foods is increasing. This is driving manufacturers toward automation to achieve processing rates that meet demand.
According to the Ministry for the Promotion of Industry and Domestic Trade (India), the proposed investment in the food processing industry in India has increased from INR 67.81 billion in 2020 to INR 127.81 billion in 2021 and is expected to boost the growth of the food automation market .
Numerous cases of foodborne illness worldwide from unsanitarily packaged food are a cause for concern. Food automation is being driven forward as it is able to ensure a safe food production process and stringent food safety regulations around the world.
Industry players use application-specific robots and sensor-based systems to improve production performance, quality and workplace conditions.
| TOI.NEWS Food | Click here |
Follow and Subscribe to Our YouTube, Instagram and Twitter – Twitter, Youtube and Instagram.
( News & Image Credit – Click Here )
