Global Food Automation Market report added by Reports and Data provides insights into the current market scenario with regards to sales, growth rate, market share, and market size. The investigative research report offers a complete analysis of the challenges, restraining factors, market growth prospects, technological and product advancements, RD developments, threats, and investment opportunities in the global market. The report also offers insights into how the market revenue is expanding in domestic and international markets and contributing to global economy.
The global Food Automation Market was valued at USD 1,882.0 Million in 2020 and is expected to reach USD 4,924.7 Million by the year 2028, at a CAGR of 11.5%. In the modern competitive business, the role of robots is becoming significant for industrial applications. The important factor for using robots in the industry aims at reducing human inference and to increase the productivity. The shortage of manpower led the global industry to use more robots and it enhanced the annual growth rate of robots globally.
The report lists significant players operating in the market that are employing strategies to cater to the surging consumer demand. In addition, rising investments by the key industry players for the RD of products and automation of production facilities will bolster market growth during the forecast period. The report also discusses in detail the recent collaborations, partnerships and mergers acquisition in the market to help clients make strategic investment plans accordingly.
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This global study report is a comprehensive analysis of the industry offering historic and forecast assessment of the global market. Along with SWOT analysis and Porter’s Five Forces analysis, the report also covers feasibility analysis and investment return analysis. Key statistical data has been organized into charts, diagrams, bar graphs, figures, and other pictorial representation. The report also offers strategic recommendation to key players and new entrants to overcome challenges and gain a robust footing in the market.
The report offers a panoramic view of competitive landscape of the global market to offer key insights into the key players and their business expansion plans. It also offers critical insights into their financial status, global position, product portfolio, revenue and gross profit margins, and technological and research developments. It further sheds lights on MA activities, collaborations, partnerships, agreements, deals, and product launches among others. The research study deploys advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis to offer deeper insights into key players.
Key Participants:
Some of the key market players are Mitsubishi Electric Corporation (Japan), ABB Group (Switzerland), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Incorporated (U.S.), and FANUC Corporation (Japan). KUKA AG (Germany), Seiko Epson Corporation (Japan), Yaskawa Electric Corporation (Japan), Staubli International Corporation (Switzerland), Mayekawa Mfg. Co., Ltd. (Japan), Universal Robots A/S (Denmark), and Bastian Solutions Inc. (U.S.)
Further key findings from the report suggest:
- Industrial and collaborative robots in the food industry are increasingly being deployed in primary processing and secondary processing applications
- Robotic automation has pervaded an incredibly diverse range of industries all over the globe – the food processing industry is one of the final frontiers of robotic automation
- One of the most important advances in robotic technology for food processing has been the introduction of more advanced grippers
- There are soft grippers that can quickly but gently handle sensitive food products such as fruits and vegetables. Other types of grippers, such as vacuum grippers, have also shown promise in handling delicate or irregularly shaped items
- Many advanced grippers are also paired with robust robotic vision technology to guide the robotic arm, allowing it to compensate for variations in product shape. This creates greater accuracy and consistency in processing applications
- Packaging and palletizing applications are the two main areas where robots are being used; the market share of these two applications are expected to be 33.8% and 22.0 by 2028
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Segments covered in the report:
On the basis of type, the Food Automation market has been segmented as follows:
- Articulated
- Cartesian
- SCARA
- Parallel
- Cylindrical
- Collaborative
- Others
On the basis of payload, the Food Automation market has been segmented as follows:
- Low (10 Kg)
- Medium (10 Kg–100 Kg)
- Heavy (100 Kg)
On the basis of application, the Food Automation market has been segmented as follows:
- Palletizing
- Pick place
- Packaging
- Repackaging
- Processing
- Others
On the basis of end-user industry, the Food Automation market has been segmented as follows:
- Beverages
- Meat, poultry, and seafood
- Dairy
- Bakery
- Fruits vegetables
- Confectionery
- Others
Regional Outlook (Revenue, USD Million; 2020-2028)
- North America
- U.S
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East Africa
- Latin America
- Brazil
- Rest of Latin America
Objective of Studies:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Food Automation market.
- To provide insights about factors affecting the market growth. To analyze the Food Automation market based on various factors- price analysis, supply chain analysis, Porte five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World.
- To provide country level analysis of the market with respect to the current market size and future prospective.
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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