Food Automation Market: Segments, Opportunity, Growth And Forecast By End-Use Industry 2025
Food Processing and Packaging Automation System Market Introduction
The food industry has witnessed relatively stable development in implementing new technology, in plant automation. Quick advancement in IoT and strong prospects of consumers & governing agencies for improved food quality and safety has enforced the food industry to implement automation of most industrial processes. Automation simplifies the food packaging process which includes food sorting, picking & packaging and managing processes. An automated process acts as an effective solution for an enterprises requiring efficient solution for overcoming various challenges such as enhancing productivity, improving yield, optimizing resource management, mitigating security risks, and improving asset management.
Food Processing and Packaging Automation System Market- Competitive Landscape
ABB launched new product portfolio as “Food & Beverage (F&B) Assessment Portfolio” to help food and beverage manufacturer improve processes and reduce production costs by giving them a better understanding of their plant, from power to automation to digital. In January 2017, GEA and Siemens AG announced a partnership to bring continuous manufacturing to the life sciences and pharmaceutical industry by offering an integrated continuous tablet manufacturing line.
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ABB Ltd
Founded in 1883, ABB is a Swedish-Swiss multinational corporation headquartered in Zürich, Switzerland. ABB Ltd. is involved in providing electrification products, motion & robotics solutions, power grids, and industrial automation solutions. ABB automation solutions helps to improve quality and productivity while staying ahead of the ever-increasing expectations of their customers with competitiveness and agility.
Siemens AG
Founded in 1847, Siemens AG, a key player in Doppler flowmeter market, is headquartered in Berlin, Germany, and operates in nearly all countries of the world. Main divisions of the company include Industry, Energy, Healthcare, and Infrastructure and cities.
Schneider Electric
Founded in 1836, Schneider Electric SE is based in Rueil-Malmaison, France. The French-based corporation possesses an expertise in the manufacturing of building automation, power and cooling systems for datacenters, home automation, smart grid, switches and sockets, electrical grid automation, industrial control systems, and industrial safety systems.
Yokogawa Electric Corporation
Founded in 1915, Yokogawa Electric Corporation is one of the leading provider of test & measurement solutions and industrial automation. The company offers field proven operational efficiency, quality, safety and reliability with the integration of superior technology and engineering services.
Yaskawa Electric Corporation
Founded in 1915, Yaskawa Electric is a global mechatronics firm. The firm operates in the segments such as motion control, robotics, system engineering and other business related to information technology, logistics, etc.
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Food Processing and Packaging Automation System Market Dynamics
Increasing Adoption of Automation
The adoption of automation across food industry is imperative owing to rising demand for productivity, quality and profitability. Paradigm shift in consumer preferences towards ready-to-eat and packaged food is expected to drive the food processing and packaging automation system industry over the forecast period. The current trend of automation deployment focuses on the processes which reduces the waste and energy consumption, maintaining margins, reducing costs and ensuring product safety. Technological advancements and the stringent food safety regulations regarding the food hygiene while processing is expected to drive the growth of food processing and packaging automation system market.
Manufacturers Focus on Innovative Techniques to enter the market
Food processing and packaging automation system solutions are attracting a great deal of attention due to its numerous applications in food industry, life sciences and pharmaceutical industry. Manufacturers are increasingly investing in the research and development activities to find new and innovative techniques to bring innovation. The food processing and packaging automation system market is moderately fragmented with the presence of several competitors, especially in the North America and Europe regions. Moreover, with the increasing number of new entrants, product differentiation has become vital to gain competitive edge in the food processing and packaging automation system market.
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