Food automation market was valued at US$ 7.19 Billion in 2016, and is expected to reach US$ 12.11 Billion by 2025, expected to grow at a CAGR of 6.0% from 2022-2031.
Food Automation Market (By Function – Palletizing, Processing, Sorting & Grading, Packaging & Repackaging, Picking & Placing, Others. By Application – Bakery, Fruit & Vegetable, Dairy, Meat, Poultry & seafood, Confectionery, and Beverages. By Type- Motor controls, Rotary products, Motors & Generators, Linear products, Discrete controllers & visualization, and Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2022-2031”, in terms of revenue, the food automation market was valued at US$ 7.19 Billion in 2016, and is expected to reach US$ 12.11 Billion by 2025, expected to grow at a CAGR of 6.0% from 2022-2031.
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Among all the other industry types the food industry has been adopting new technology with the new advancement in computer system. With the rise in safety methods and improved food quality the food industry is adopting the automation technology in most of the manufacturing processes. Automation in food industry leads to improved product quality and also the productivity of the plant increases. Hence due to this, there is a scope of improved profitability for the plant.
Moreover, the automation in food industry promotes better quality control and better quality assurance. Therefore, automation is extremely critical for food industry as it matches with the environmental regulatory agencies and food safety terms. Further, reducing labor costs and improving productivity will have a positive impact on profitability. In the upcoming years, technological advancement in the computer technology and increase in adoption of smart systems will fuel the market growth for food automation market during the forecast period of 2022-2031.
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