Global Food Automation Market Size, Share, Growth Analysis, By Type, By Component, By Application, By Automation, By Function - Industry Forecast 2024-2031

Global Food Automation Market size was valued at USD 12.13 billion in 2022 and is poised to grow from USD 12.94 billion in 2023 to USD 21.74 billion by 2031, at a CAGR 6.7% of during the forecast period (2024-2031).

The use of control systems to operate various machines and equipment without the intervention of human personnel is known as automation, also referred to as automatic control. Automation needs to be used in the food business since profitability, productivity, and quality standards are increasing. Food preparation is labor-intensive, repetitive, and boring, which reduces attention to quality control and raises the possibility of numerous errors. To improve process efficiency and product quality, many chores can be automated. It helps to maintain the uniformity and quality of food, which helps to maintain the brand value of food goods. Both small and large businesses can use automation, and with the least amount of resource waste, new equipment and components can be added or adapted. This all depends on the size of the organization and how it grows. New developments in computer vision, expert systems, flexible manufacturing systems, systems engineering, computer integrated manufacturing, etc. have made it possible to integrate multiple batch processes into an overall manufacturing system design that is used to provide online and continuous control capabilities from receiving raw materials to shipping finished goods. Automation has accelerated the complicated food packaging process for applications such as palletizing and depalletizing, grading and sorting, packaging and repackaging, pick and place, processing, logistics, etc. The food production industry has changed as a result of the deployment of automated systems, which offer several benefits such as improved quality control, heightened worker safety, end-to-end traceability, branding and protection, and higher product efficiency.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Food Automation Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Food Automation Market Segmental Analysis

Global Food Automation Market is segmented based on the type, component, automation, application, function and region. Based on Type, the market is segmented into Motors and Generators, Motor Controls, Discrete Controllers and Visualization, Rotary Products, Linear Products and Others. According to the component, it is bifurcated into Plant Level Controls and Enterprise Level Controls. According to automation the market is bifurcated into semi-automatic and fully automatic. On the basis of application, it is categorized into Dairy, Bakery, Confectionery, Fruit and Vegetable, Meat, Poultry, Seafood and Beverages. According to function it is sub segmented into Processing, Packaging and Repackaging, Palletizing, Sorting and Grading, Picking and Placing and others. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Drivers of the Global Food Automation Market

The market for food automation is expanding due to rising rates of IoT plant automation and rising per capita food consumption. Growing digitalization in the agriculture sector is driving growth in the food automation market. Furthermore, stringent international regulations pertaining to food safety and an increasing awareness of health issues are positive macroeconomic variables that positively impact the worldwide food automation industry. Another significant aspect that will accelerate the rate of expansion of the food automation industry is the increasing technological innovation in automation. Growing disposable income and more urbanization will propel the food automation business. The increasing utilisation of automated systems in packaging and logistics is expected to propel the food automation market's growth.

Restraints in the Global Food Automation Market

SME businesses have been far slower to embrace automation than large players in the food and beverage sector, who are spending heavily in food automation. The high degree of product unpredictability, the complexity of food processing, and the expensive investment needs limit the use of automation and robots in the food business. But one of the largest problems facing the food processing industry is closing the skills gap, which includes recruiting enough competent engineers to operate and maintain the equipment. The high cost of R&D projects, labs, and equipment, along with the requirement to hire skilled workers, is a hurdle for this sector. The issues listed above are impeding the growth of the market.

Market Trends of the Global Food Automation Market

In the food sector, manufacturers use robotics and automation to create and package food. Technology has increased food safety and shelf life, which has greatly enhanced food packaging. Food quality is rising while production costs are falling in the food business thanks to artificial intelligence, robots, drones, and 3D printing. Food producers may now monitor their products and customer demand and utilize data analysis to match production to this demand. This is possible because to robotics and AI software development. When businesses are better equipped to evaluate critical procedures like processing, shipping, and storage, as well as if food is inadvertently contaminated, where it was shipped, and where it was bought, they are better able to manage food quality and safety. Many big food service organizations have recently made considerable investments in robotics and artificial intelligence.