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Food Automation Market, Global Outlook and Forecast 2024-2031

Food Automation Market, Global Outlook and Forecast 2024-2031

  • Published on : 06 January 2024
  • Pages :63
  • Report Code:SMR-7875807

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Report overview

The global Food Automation market was valued at US$ 8562.4 million in 2023 and is projected to reach US$ 11070 million by 2029, at a CAGR of 3.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The food automation market is driven by the increasing inclination of consumers towards processed and ready to eat foods, technological advancements in automation and stringent international food safety regulations.
This report aims to provide a comprehensive presentation of the global market for Food Automation, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Automation. This report contains market size and forecasts of Food Automation in global, including the following market information:
Global Food Automation Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
Packaging & repackaging is projected be the fastest-growing function for food automation during the forecast period.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Food Automation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Automation Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Food Automation Market Segment Percentages, by Type, 2023 (%)

  • Processing
  • Packaging & Repackaging
  • Palletizing
  • Sorting & Grading
  • Picking & Placing
  • Others
Global Food Automation Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Food Automation Market Segment Percentages, by Application, 2023 (%)
  • Dairy
  • Bakery
  • Confectionery
  • Fruit & vegetable
  • Meat, poultry, and seafood
  • Beverages

Global Food Automation Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Food Automation Market Segment Percentages, By Region and Country, 2023 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Food Automation revenues in global market, 2019-2024 (estimated), ($ millions)
  • Key companies Food Automation revenues share in global market, 2023 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Rockwell Automation (U.S.)
  • Siemens (Germany)
  • ABB (Switzerland)
  • Mitsubishi Electric (Japan)
  • Schneider Electric (France)
  • Yokogawa Electric (Japan)
  • GEA Group (Germany)
  • Fortive (U.S.)
  • Yaskawa Electric (Japan)
  • Rexnord (U.S.)
  • Emerson Electric (U.S.)
  • Nord Drivesystems (Germany)

Outline of Major Chapters:
Chapter 1: Introduces the definition of Food Automation, market overview.
Chapter 2: Global Food Automation market size in revenue.
Chapter 3: Detailed analysis of Food Automation company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Food Automation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.