2028 Global Food Automation Industry Forecasts Report Analysis


Posted March 3, 2022 by navyarao_d

According to Stratistics MRC, Global Food Automation Market Value is expected to reach $21.23 billion by growing at a CAGR of 8.9% during the forecast period.
 
Food automation delivers constantly improved quality, advances picking and handling times, and raises output by speeding up the packaging processes of the food product in food processing. The application of food automation in the food industry is all because of the growing demand for profitability, quality, and production of foods. To control and monitor the production and delivery of several goods and services automation is the formation of technology and its application. It performs tasks that were earlier complete by humans. Food automation is used in the food and beverage industry to formulate, processed, and packaged food products by a mechanical process.

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By geography, Asia Pacific is going to have high growth during the forecast period, owing to the existence of big food & beverages manufacturing industries. The Asian countries, with China and Japan, have the foremost robotics, sensors, and automation hardware components that additionally lead the automation industry. Moreover, India, China, and Australia have a robust F&B manufacturing sector and export to other European and American countries, creating automation solutions. Furthermore, strict government regulations and standards associated with food safety & quality to stop consumer illness are the main reasons associate with the acceptance of food automation solutions.

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Some of the key players profiled in the Food Automation Market include Mitsubishi Electric Corporation, ABB Ltd, Rockwell Automation Inc, Siemens AG, Yokogawa Electric Corporation, Schneider Electric SE, GEA Group, Fortive Corporation, Yaskawa Electric Corporation, Rexnord Corporation, Emerson Electric Co., Nord Drivesystems, Copa-Data, Festo AG & Co and Elwood Corporation.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

For more information about this report visit https://www.strategymrc.com/report/food-automation-market

Related Markets:
1) https://www.strategymrc.com/report/hand-tools-and-woodworking-tools-market
2) https://www.strategymrc.com/report/postal-automation-system-market

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Stratistics MRC offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

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Issued By Madhav Ram
Country India
Categories Industry , Reports , Research
Last Updated March 3, 2022