The
food automation simplifies the food packaging process which includes
food sorting, packing and managing processes. The food automation
acts as an effective solution for enterprises requiring efficient
solution for overcoming various challenges such as enhancing
productivity, improving yield, optimizing resource management,
mitigating security risks, and improving asset management.
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The
adoption of food industry automation 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 automation 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 in the automation industry and the stringent food safety
regulations regarding the food hygiene while processing is expected
to cater the food automation market from 2017 to 2025.
However,
high initial investments associated with automation of the equipment
and its adoption is expected to restrain the food automation market
growth. Many small and medium (SMEs) organizations often experience
shortages of sufficient capital required for installing automated
equipment in their workshops.
The
food
automation market can be segmented on the basis of products
into motors & generators, discrete controllers &
visualization, motor controls, linear products and rotary products.
The discrete controllers and visualization segment is expected to be
the major growing segment owing to its comprehensive nature of
offering integrated and flexible production options to the
manufacturers. By application, the industry can be segmented into
bakery, dairy, confectionery; meat, poultry, and seafood; fruit &
vegetable, and beverages. The food automation industry by function is
classified into processing, packaging & repacking, palletizing,
sorting & grading, and picking & placing.
Europe
is expected to be most lucrative segment in the field of food
automation owing to increasing demand for processed and beverage
products, especially in Germany, France, UK and Italy. Moreover,
stringent regulations proposed by the regulating bodies pertaining to
the hygiene and quality of the processed items is anticipated to
support the demand for food automation in the European industry.
North
America is forecasted to witness increasing demand for food
automation attributed majorly by the U.S. The food automation
machinery used in this region is expected to follow the stringent
regulations carried out by the U.S. Department of Agriculture and
Food and Drug Administration (FDA) owing to the product integrity and
safety of the consumers.
Asia
Pacific region is expected to grow with the quickest CAGR owing to
the rapidly growing beverage and food demand in this region. This
growth is attributed by the improvement in the living standards
amongst the population categorized by the liberalization of FDI,
rising disposable income and diversification of the diet. Moreover,
increasing number of manufacturers operating in the F&B industry
is expected to fuel the food automation market over the forecast
timeframe. Government in emerging economies such as India and China
are also focused towards supporting the industry growth. For
instance, Indian government has invested US$ 1.2 Billion in the dairy
processing industry according to the union budget 2017-2018.
According to the Confederation of Indian Industry (CII), the food
processing industry is expected to attract US$ 33 Billion in the
following decade in India.
The
food automation industry is characterized by the intense competition
faced by the manufacturers. Joint ventures and partnerships, mergers
and acquisitions and technological advancements in the automation
equipment are the key strategies adopted by the competitors in order
to retain the market share. Key industry participants in this
industry are Rockwell Automation Inc., ABB Ltd., Siemens AG, Yokogawa
Electric Corporation, Schneider Electric SE, Fortive Corporation, GEA
Group, Rexnord Corporation, Yaskawa Electric Corporation, and Emerson
Electric Co.
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