Global Food Automation Market Size By Type (Motor Controls, Discrete controllers & visualization), By Application (Bakery Products, Drinks), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 10967 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Food Automation Market is projected to experience significant growth, driven by increasing demand for efficient and high-quality food production systems. In 2023, the market was valued at USD 15.8 billion and is expected to surpass USD 26.9 billion by 2031, registering a CAGR of 6.7% during the forecast period. Automation technologies enhance productivity, reduce operational costs, and ensure food safety, making them essential in modern food processing and packaging industries.

Drivers:

Rising Demand for Processed Food: Rapid urbanization, lifestyle changes, and increasing disposable incomes are fueling the demand for processed and packaged food, driving the adoption of automation.

Stringent Food Safety Regulations: Regulatory frameworks are encouraging the implementation of automation systems to ensure compliance and maintain high hygiene standards.

Technological Advancements: Innovations in robotics, IoT, and AI are revolutionizing food production processes, enhancing precision and efficiency.

Restraints:

High Initial Investment Costs: The upfront costs of deploying advanced automation systems remain a challenge for small and medium-sized enterprises (SMEs).

Lack of Skilled Workforce: The integration and operation of automated systems require specialized skills, which are in short supply in several regions.

Opportunity:

Emerging Markets: Developing regions, particularly in Asia-Pacific and Latin America, present lucrative opportunities due to increasing investments in food processing infrastructure.

Sustainability: The shift towards sustainable food production processes is creating demand for energy-efficient and waste-reducing automation technologies.

Market by System Type Insights:

Robotic Systems: Dominated the market in 2023 due to their efficiency and precision in food handling and packaging.

Sensors & Detectors: Increasing adoption of sensors for quality control and monitoring is expected to witness substantial growth.

Market by End-use Insights:

Food Processing Industry: Accounted for the largest revenue share in 2023, driven by the need for efficiency and hygiene in food preparation.

Packaging Industry: Expected to grow significantly due to the demand for innovative, automated packaging solutions.

Market by Regional Insights:

North America: Held the largest market share in 2023, owing to advanced food processing technologies and high consumer demand for processed food.

Asia-Pacific: Anticipated to exhibit the highest growth rate during the forecast period, fueled by expanding food manufacturing sectors in countries like China and India.

Competitive Scenario:

Key players include ABB Ltd., Siemens AG, Rockwell Automation Inc., Schneider Electric, Mitsubishi Electric Corporation, and FANUC Corporation. These companies are investing in technological innovations, strategic partnerships, and geographical expansions to maintain a competitive edge. Recent developments include:

2023: FANUC Corporation launched advanced robotic solutions tailored for food sorting and packaging.

2024: Siemens AG introduced AI-driven automation systems for real-time monitoring and quality control in food production.

Scope of Work – Global Food Automation Market

Report Metric

Details

Market Size (2023)

USD 15.8 billion

Market Size (2031)

USD 26.9 billion

CAGR (2023-2031)

6.7%

Key Segments

System Type, End-use, Region

Growth Drivers

Rising demand for processed food, stringent safety regulations, technological advancements

Opportunities

Emerging markets, sustainability

 

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