Global Food Automation Market Size, Share, Growth & Trends 2032
Global Food Automation Market - By Function (Sorting & Grading, Palletizing, Processing, Picking & Placing, Packaging & Repackaging, And Others), By Type (Motor Controls, Discrete Controllers & Visualization, Rotary Products, Linear Products, Motors & Generators, And Others), By Application (Confectionery, Dairy, Bakery, Meat, Poultry, & Seafood, And Beverages), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 24.96 Billion | USD 50.95 Billion | 7.4% | 2023 |
Global Food Automation Market Insights
According to Zion Market Research, the global Global Food Automation Market was worth USD 24.96 Billion in 2023. The market is forecast to reach USD 50.95 Billion by 2032, growing at a compound annual growth rate (CAGR) of 7.4% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Global Food Automation Market industry over the next decade.
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Food automation has favorable impact on processing & packaging sector and is expected to continue even in the near future. Moreover, automating monotonous functions in the food industry is predicted to enhance the quality control and proficiency along with reducing the number of accidents during food processing. Automating food processing can help manufacturers earn huge benefits. It can save raw material costs and labor charges for the firms. Apparently, food automation facilitates raw ingredient traceability and this will improve food safety.
Market Growth Dynamics
Escalating acceptance of automated services and management solutions in food processing activities will proliferate the expansion of food automation industry over the forthcoming years. Apart from this, enforcement of strict laws pertaining to customer safety along with technological breakthroughs in food processing procedures is expected to create lucrative growth avenues for food automation industry in the near future. Surging trend among the customers towards ready-to-eat food will steer the food automation industry growth in the years ahead. In addition to this, massive requirement for high food quality along with changing consumer food patterns will boost the industry trends.
Moreover, onset of IoT and AI along with thriving robotics industry is likely to help the food automation market explore new growth horizons of growth in the coming decade. With food automation offering cost-efficient solutions, high output, effective asset management, and optimized resource management to the food producers, the food automation market is likely to make huge stride in the foreseeable future. Nonetheless, high capital funding may put hurdles in the path of market growth.
Asia Pacific Market To Accrue Highest Gains Over 2024-2032
The expansion of the food automation industry in the Asia Pacific zone over the forecast timespan is credited to escalating requirement for high food yield in the densely populated countries of the region. Apart from this, food transition, liberal FDI policies, and rapid urbanization have further added to the expansion of the business in the region. Favorable reforms brought by Indian, Japanese, and Chinese governments in food sector in view of providing food to rapidly growing population along with curbing the malnutrition and starvation issues will pave a way for the expansion of the food automation market in Asia Pacific over the forecast period.
Global Food Automation Market: Report Scope
| Report Attributes | Report Details |
|---|---|
| Report Name | Global Food Automation Market |
| Market Size in 2023 | USD 24.96 Billion |
| Market Forecast in 2032 | USD 50.95 Billion |
| Growth Rate | CAGR of 7.4% |
| Number of Pages | 110 |
| Key Companies Covered | Yaskawa Electric Corporation, Emerson Electric Co., Siemens, Food Automation Pty. Ltd., Rockwell Automation Inc., JLS Automation, Destaco, Yokogawa Electric Corporation, Mitsubishi Electric Corporation, ABB Group, Schneider Electric SE, Falcon Autotech, Fanuc Corporation, GEA Group, and Proleit AG. |
| Segments Covered | By Type, By Application, By Function and By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2022 |
| Forecast Year | 2024 - 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key participants profiled in the study include :
- Yaskawa Electric Corporation
- Emerson Electric Co.
- Siemens
- Food Automation Pty. Ltd.
- Rockwell Automation Inc.
- JLS Automation
- Destaco
- Yokogawa Electric Corporation
- Mitsubishi Electric Corporation
- ABB Group
- Schneider Electric SE
- Falcon Autotech
- Fanuc Corporation
- GEA Group
- Proleit AG
The global food automation market is segmented as follows:
By Type
- Motors & generators
- Motor controls
- Discrete controllers & visualization
- Rotary products
- Linear products
- Others
By Application
- Dairy
- Bakery
- Confectionery
- Fruit & vegetable
- Meat, poultry, and seafood
- Beverages
By Function
- Processing
- Packaging & Repackaging
- Palletizing
- Sorting & Grading
- Picking & Placing
- Others
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content
Methodology
FrequentlyAsked Questions
Escalating acceptance of automated services and management solutions in food processing activities will proliferate the expansion of food automation industry over the forthcoming years. Apart from this, enforcement of strict laws pertaining to customer safety along with technological breakthroughs in food processing procedures is expected to create lucrative growth avenues for food automation industry in the near future. Surging trend among the customers towards ready-to-eat food will steer the food automation industry growth in the years ahead. In addition to this, massive requirement for high food quality along with changing consumer food patterns will boost the industry trends. Moreover, onset of IoT and AI along with thriving robotics industry is likely help the food automation market explore new growth horizons of growth in the coming decade.
According to Zion market research report, the global Food Automation market, which accrued revenue worth nearly $ 24.96 Billion in 2023 and is slated to garner earnings worth $ 50.95 Billion by 2032, is set to grow at a CAGR of 7.4% during the period from 2024 to 2032.
Asia Pacific is likely to make noteworthy contributions towards overall market revenue during forecast period. The regional market growth over 2024-2032 can be credited to escalating requirement for high food yield in the densely populated countries of the region. Apart from this, food transition, liberal FDI policies, and rapid urbanization have further added to the expansion of the business in the region. Favorable reforms brought by Indian, Japanese, and Chinese governments in food sector in view of providing food to rapidly growing population along with curbing the malnutrition and starvation issues will pave a way for the expansion of the food automation market in Asia Pacific over the forecast period.
The key players profiled in the report include Yaskawa Electric Corporation, Emerson Electric Co., Siemens, Food Automation Pty. Ltd., Rockwell Automation Inc., JLS Automation, Destaco, Yokogawa Electric Corporation, Mitsubishi Electric Corporation, ABB Group, Schneider Electric SE, Falcon Autotech, Fanuc Corporation, GEA Group, and Proleit AG.
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