In the era of Industry 4.0 process automation and factory automation are gaining grounds across industries. Robots are highly used in the food and beverage industry for preparing and packaging food products and food processing machines are also automated, which is supporting the food automation market growth. As per the findings of the Association for Packaging and Processing Technologies, approximately 94% of the packaging processes in the food and beverage industry is being carried out through robots. Additionally, with an advent of sensors and smart technologies, industrial robots are more advanced now. Restaurants have adopted the automation trend and are now using robots in cooking and serving food. For instance, Spyce in Boston, is preparing meals in a bowl inside robotic kitchens. Similar innovations help in increasing consumer interest, which further contribute to the market growth. The [FURL=https://www.industryarc.com/Research/Food-Automation-Market-Research-504462]food automation market[/FURL] will witness consumer participating and appreciation as a primary growth driver in the upcoming years.Download Sample Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=504462[/FURL]
Robots are extremely efficient and apart from routine maintenance, do not require any breaks, unlike humans. Moreover, they are excellent in processing information and performing repetitive tasks. They also produce products with negligible errors and can work around the clock, which is why they can produce industry-manufactured products at an accelerated pace while working 24 hours a day. These reasons have allowed the food automation market to flourish in the recent past. The food automation market will grow with a CAGR of 7% during the forecast period of 2019-2025, and the market earned a revenue of $9.4 billion in 2018. Europe has emerged as geographical leader of the market with a 32% share of the total revenue earned by the food automation market in 2018.
The Global Food Demand and Imports/Exports will be pivotal in increasing Market Growth
Due to increasing global population, the demand for food is rising at an unprecedented rate. The world population has quadrupled in the last hundred years with the count reaching approximately 7.5 billion in 2018.These statistics are alarming and are putting immense pressure on the food and beverage industry to increase production. By the end of 2050, the global food demand has been estimated to grow anywhere between 59%-98%, thus calling for automation solutions in manufacturing units to accelerate production and supply. Furthermore, owing to urbanization, consumer preferences towards affordable healthy food are also transcending which will act as a positive factor for food automation market growth.
Food Automation Market: Key Players of the Market
The food automation market will witness an accelerated production of robots by key market players and innovation in sustainable automation solutions. The key market players carrying out these operations are Beumer, Siemens, Schneider Electric, Festo AG & Co. KG, Emerson Electric, Swisslog Holding, Nord Drivesystems, Yokogawa Electric, Ametek, Fortive, Yaskawa Electric, GEA Group, ABB Group, Horner APG, Frontmatec, Elwood Corporation, and Eaton.
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