0 likes | 14 Views
Global food automation market size is expected to reach $22.64 Bn by 2028 at a rate of 10.6% segmented as by type, motors and generators, motor controls, discrete controllers and visualization, rotary products, linear products, other types<br>
E N D
Food Automation Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Food Automation Market Segments The Business Research Company segments it’s Food Automation market report as: Motors And Generators, Motor Controls, Discrete Controllers And Visualization, Rotary Products, Linear Products, Other Types By Type By Operation Semi Automatic, Fully Automatic By Component Plant Instrumentation, Plant-Level Controls, Enterprise-Level Controls By Application Bakery Products, Drinks, Candy, Snacks, Fruits And Vegetables, Meat, Other Applications
Market Statistics The food automation market size has grown rapidly in recent years. It will grow from $13.61 billion in 2023 to $15.15 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The food automation market size is expected to see rapid growth in the next few years. It will grow to $22.64 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The rising adaptability of automation is expected to propel the food automation market. Trends Technological advancement is a key trend gaining popularity in the food automation market. • Region Western Europe was the largest region in the food automation market in 2023. The regions covered in the food automation market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Market Players • Major players in the Food Automation market are: • ABB Group • GEA Group AG • Mitsubishi Electric Corporation • Rexnord Corporation • Rockwell Automation Inc • And more. Get More Information On The Food Automation Market Report
5 Reasons Why TBRC Is The Solution You Need • Measure the impact of high global inflation on market growth • Outperform competitors using forecast data and the drivers and trends shaping the market • Get a comprehensive market sizing report with a truly global perspective covering 60+ geographies from The Business Research Company, with data from 2017 to 2023 and forecasts up to 2032. • Assess the Russia-Ukraine war’s impact on commodity supply and its direct and indirect impact on all the markets • Benchmark performance against key competitors.
Americas The Business Research Company, 1295 N Providence Rd, Media, PA 19063, USA ✆ +1 3156230293 Get In Touch Europe The Business Research Company 47 Anchorage Point, 42 Cuba Street, Canary Wharf, London, England, E14 8NE ✆ +44 207 1930 708 How ever you want to grow and expand, The Business Research Company can help as we provide research consulting solutions for businesses, government agencies consultancies, and market research companies. Asia The Business Research Company, 1st Floor, Anshu Colors Building, Road Number 1, Park View Enclave, Jubilee Hills, Hyderabad (India), 500033 ✆ +91 8897263534 info@tbrc.info