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Food Automation Market is expected to reach USD 16.60 Billion by 2026 from 8.42 Billion in 2016 at a CAGR of 7.03%
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Food Automation Market is expected to reach USD 16.60 Billion by 2026 from 8.42 Billion in 2016 at a CAGR of 7.03% (detailed analysis of growth rate has been provided in a report). Factors such as improved safety, mass production, quality control, brand protection, labor reduction, and food standardization are some of the major drivers that are responsible for the growth of the Food Automation Market. Food Automation Market Food Automation Market has been segmented into type, function, application, and geography. The market on the basis of type is segmented further into motors and generators, motor controls, discrete controllers & visualization, and rotary & linear products. Motors and generators sub- segment dominated food automation market as a result of its basic necessity for the process of automation. There are a different variety of motors in a market with reduced operating cost, maintenance cost, smooth operation and precise motion control available as well. Food Automation Market on the basis of function is segmented into palletizing, sorting and grading, picking and placing and processing. Dairy, bakery, confectionery, fruit and vegetable, meat, poultry, seafood, and beverages have all formed the application areas for food automation with dairy and bakery holding one of the largest market shares as compared to others. Europe held the largest market share in 2016 with the Asia Pacific projected to grow at one of the highest rates. A rise in stringent food regulations along with the growing emphasis on mass production has been a few key factors to propel demand for food automation market. Key Highlights: • Food Automation Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the food Automation Market • Food Automation Market segmentation on the basis of type, source, end-user, and region (country- wise) has been provided. • Food Automation Market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of the study. • Food Automation Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Food Automation Market are also profiled.
Research Methodology: Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights about the Food Automation market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to Food Automation Market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Food Automation Market globally. Some of the major players operating in the Food Automation Market are as follows: • Rockwell Automation, Inc. (U.S.) • Schneider Electric SE (France) • ABB Ltd (Switzerland) • Siemens AG (Germany) • Mitsubishi Electric Corporation (Japan) Key Target Audience: • Food automation manufacturers, suppliers, and formulators • Food automation product traders, suppliers, and distributors • Professional food automation providers, associations and industry bodies • Research and development organizations • Government authorities and agencies related to public health, environment, and agriculture Years considered to estimate the market size of the Food Automation Market have been mentioned below:
• Base year-2016 • Estimated year-2017 • Forecast year- 2017 to 2026 For More Information Visit https://www.maximizemarketresearch.com/market-report/food-automation-market/535/ Scope of the report: This research report segments the Food Automation Market based on type, application, function, and geography: Food Automation Market, By Type: • Motors & generators • Motor controls • Discrete controllers & visualization • Rotary products • Linear products • Others Food Automation Market, By Application: • Dairy • Bakery • Confectionery • Fruit & vegetable • Meat, poultry, and seafood • Beverages Food Automation Market, By Function:
• Processing • Packaging & Repackaging • Palletizing • Sorting & Grading • Picking & Placing • Others Food Automation Market, By Geography: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Geographic Analysis: • Breakdown of The North America Food Automation Market • Breakdown of The Europe Food Automation Market • Breakdown of The Asia Pacific Food Automation Market • Breakdown of The Middle East & Africa Food Automation Market • Breakdown of The South America Food Automation Market Available Customizations: Maximize Market Research offers customization of reports according to the specific requirement of our clients.
This Report Is Submitted By @Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: sales@maximizemarketresearch.com Address:Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India. Contact: +919607195908