ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service
  • Editorial Guidelines
Friday, July 1, 2022
Life Care News
  • Home
  • Business
    • BusinessWire
    • GlobeNewswire
    • Banking
  • News

    APL Apollo Launches Colour Coated Coils and Sheets First Time in India

    Investment in Real Estate Sector Upswing in 2022

    Anand and Naik to Chart New Course Following JV Formalisation

    Shikshan Parishad 2022 : Honours Outstanding Education Institutes at ABP Asmita

    NimbusPost Introduces New Service to Simplify Cross-border Shipping – NimbusGlobal

    MYRE Capital Receives Huge Demand for Commercial Property in Bangalore; Launches a New Floor in the Same Building to Meet Demand

    Astrotalk Comes on Board as the Co-presenting Sponsor for Swayamwar: Mika di Vohti on Disney+ Hotstar

    Leading Co-living Player Housr Acquires StayAbode, Enters Bangalore Market

    CM Naveen Patnaik Expressed the Need for Immediate Reporting of Crimes Against Women at News18 Network and Truecaller’s #CallItOut Odisha Townhall

    The Maestro Felicitated at The Masterpiece, Phoenix Kessaku

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
    • Startups
    • Feature News
    • Energy
    • Real Estate
    • Environment
    • Uncategorized
  • Tech

    MTAR Technologies Limited Receives Orders of USD 22.12 Million in Clean Energy

    Rohde & Schwarz Offers New Ultra-Wideband Test Solution Validated for FiRa Consortium PHY Conformance

    Power League Gaming Names Langoor as New Digital Transformation Agency Partner

    Rohde & Schwarz extends the R&S ZNB vector network analyzer family maximum frequency to 43.5 GHz

    Rohde & Schwarz enhances R&S RTP high-performance oscilloscope

    Automating Battery Production for eMobility Applications

    ecom instruments at the Hannover Messe 2022: Smart Devices for the Digitalization of Hazardous Areas

    The Fischer family has created the technology group Conextivity to extend its expertise and innovation

    RAMINFO growth momentum continues in Q4 FY22 with 366% YoY rise in Net Profit

    Device Data: Do-It-Yourself Is History

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment

    Social network Zorro rebrands as Hood ahead of its US launch

    MARATHON DU MONT-BLANC, MORE THAN 2,000 RUNNERS ON THE SLOPES OF EUROPE’S HIGHEST PEAK

    Strong Studios and The Cartel Announce Start of Production

    Hilarious Dialogues From AndTV Shows To Tickle Your Funny Bones!

    Ribbon Wins TIA QuEST Forum Sustainability Award for Excellence in Network Equipment Sustainability

    Petal Search celebrates incredible growth on its 2nd Anniversary

    Champions Crowned at YMCA National Gymnastics Championship

    Startek® Recognized Among India’s Best Companies to Work For 2022 by Great Place to Work® Institute

    AORUS ELITE is the best go-to motherboard for upgrade

    Curiosity Ink Media Goes Ape for Animated Family Comedy

    • Lifestyle

      International and Domestic manufacturers and exporters from 15 countries to showcase latest in apparel, textile and fashion industry innovations at ASW 2022

      Asian Paints has Launched their 2022 Collection in Home Decor

      California Pistachio Brings to Life

      It’s Rally Time for Houston’s Teachers

      Pearl Green Clubs and Resorts Limited to Raise Rs. 1171.80/- Lakhs through SME IPO, Issue Opens on June 27, 2022

      One in Two Women Cite Yoga to be their Panacea to Beat the Blues

      Chargebee Earns 2022 US Great Place to Work Certification™

      Neutrogena Uncomplicates Skincare to Support Women in their Journey to Get Beautiful Skin

      India-based Global Performance Marketing Giant Adsparkx Organises Beer Yoga Session for its Employees

      Toggled Unveils New Fixture Controller for Network Lighting Control Management at LightFair 2022

      Trending Tags

      • Golden Globes
      • Mr. Robot
      • MotoGP 2017
      • Climate Change
      • Flat Earth
    • Fashion
    • Travel
  • Health
    • Food
  • Education
    • Books
  • Technology
  • Automobile
  • Sports
    • Olympic
No Result
View All Result
Life Care News
  • Home
  • Business
    • BusinessWire
    • GlobeNewswire
    • Banking
  • News

    APL Apollo Launches Colour Coated Coils and Sheets First Time in India

    Investment in Real Estate Sector Upswing in 2022

    Anand and Naik to Chart New Course Following JV Formalisation

    Shikshan Parishad 2022 : Honours Outstanding Education Institutes at ABP Asmita

    NimbusPost Introduces New Service to Simplify Cross-border Shipping – NimbusGlobal

    MYRE Capital Receives Huge Demand for Commercial Property in Bangalore; Launches a New Floor in the Same Building to Meet Demand

    Astrotalk Comes on Board as the Co-presenting Sponsor for Swayamwar: Mika di Vohti on Disney+ Hotstar

    Leading Co-living Player Housr Acquires StayAbode, Enters Bangalore Market

    CM Naveen Patnaik Expressed the Need for Immediate Reporting of Crimes Against Women at News18 Network and Truecaller’s #CallItOut Odisha Townhall

    The Maestro Felicitated at The Masterpiece, Phoenix Kessaku

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
    • Startups
    • Feature News
    • Energy
    • Real Estate
    • Environment
    • Uncategorized
  • Tech

    MTAR Technologies Limited Receives Orders of USD 22.12 Million in Clean Energy

    Rohde & Schwarz Offers New Ultra-Wideband Test Solution Validated for FiRa Consortium PHY Conformance

    Power League Gaming Names Langoor as New Digital Transformation Agency Partner

    Rohde & Schwarz extends the R&S ZNB vector network analyzer family maximum frequency to 43.5 GHz

    Rohde & Schwarz enhances R&S RTP high-performance oscilloscope

    Automating Battery Production for eMobility Applications

    ecom instruments at the Hannover Messe 2022: Smart Devices for the Digitalization of Hazardous Areas

    The Fischer family has created the technology group Conextivity to extend its expertise and innovation

    RAMINFO growth momentum continues in Q4 FY22 with 366% YoY rise in Net Profit

    Device Data: Do-It-Yourself Is History

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment

    Social network Zorro rebrands as Hood ahead of its US launch

    MARATHON DU MONT-BLANC, MORE THAN 2,000 RUNNERS ON THE SLOPES OF EUROPE’S HIGHEST PEAK

    Strong Studios and The Cartel Announce Start of Production

    Hilarious Dialogues From AndTV Shows To Tickle Your Funny Bones!

    Ribbon Wins TIA QuEST Forum Sustainability Award for Excellence in Network Equipment Sustainability

    Petal Search celebrates incredible growth on its 2nd Anniversary

    Champions Crowned at YMCA National Gymnastics Championship

    Startek® Recognized Among India’s Best Companies to Work For 2022 by Great Place to Work® Institute

    AORUS ELITE is the best go-to motherboard for upgrade

    Curiosity Ink Media Goes Ape for Animated Family Comedy

    • Lifestyle

      International and Domestic manufacturers and exporters from 15 countries to showcase latest in apparel, textile and fashion industry innovations at ASW 2022

      Asian Paints has Launched their 2022 Collection in Home Decor

      California Pistachio Brings to Life

      It’s Rally Time for Houston’s Teachers

      Pearl Green Clubs and Resorts Limited to Raise Rs. 1171.80/- Lakhs through SME IPO, Issue Opens on June 27, 2022

      One in Two Women Cite Yoga to be their Panacea to Beat the Blues

      Chargebee Earns 2022 US Great Place to Work Certification™

      Neutrogena Uncomplicates Skincare to Support Women in their Journey to Get Beautiful Skin

      India-based Global Performance Marketing Giant Adsparkx Organises Beer Yoga Session for its Employees

      Toggled Unveils New Fixture Controller for Network Lighting Control Management at LightFair 2022

      Trending Tags

      • Golden Globes
      • Mr. Robot
      • MotoGP 2017
      • Climate Change
      • Flat Earth
    • Fashion
    • Travel
  • Health
    • Food
  • Education
    • Books
  • Technology
  • Automobile
  • Sports
    • Olympic
No Result
View All Result
Life Care News
No Result
View All Result
ADVERTISEMENT
Home Uncategorized

Food Automation Market Worth $29.4 Billion by 2027

by GlobeNewswire
24/01/2022
in Uncategorized
237 15
0
491
SHARES
1.4k
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp
ADVERTISEMENT

Redding, California, Jan. 24, 2022 (GLOBE NEWSWIRE) — According to a new market research report titled “Food Automation Market by Component (Plant Level Controls, Enterprise Level Controls), Mode of Automation (Semi-automatic, Fully-automatic), Application (Packaging and Repacking, Butchery), and End-Use (Beverages and Distilleries) – Global Forecast to 2027”, published by Meticulous Research®, the food automation market is expected to grow at a CAGR of 9.5% from 2020 to 2027 to reach $29.4 billion by 2027.

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=4956

Food automation refers to automating food & beverage production facilities by integrating advanced technologies such as robotics, the internet of things (IoT), artificial intelligence (AI), analytics, mobility, data processing, and 3D printing to increase productivity and efficiency of processes. Adopting advanced and intelligent technology solutions ensures improved shelf life, food safety, consistent quality, and optimum use of machines and software to help manufacturers grow.

Advertisement. Scroll to continue reading.

The food automation market is developing rapidly due to the adoption of automated solutions and management solutions by food & beverage processing facilities globally. The wide implementation of plant- and enterprise-level control solutions is attributed to the high efficiency and the cost reduction benefits offered by these solutions. End users, including the beverage, dairy, and food processing companies, are increasingly investing in food automation technologies to leverage the benefits of robotics and interconnected solutions that help achieve higher productivity over conventional labor-intensive processes. Additionally, the consumers’ changing demands and the requirement for consistent food quality according to industrial standards have created the need for automated solutions to maintain high quality and productivity. These factors, coupled with the end users’ capability to spend on robotics and enterprise management solutions, propel the growth of the food automation market.

However, the high initial investment required for automating food & beverage manufacturing facilities is expected to hinder the growth of this market to a certain extent. Apart from this, the global impact of COVID-19 is expected to pose challenges for the growth of this market over the coming years.

Increasing Food Safety Regulations to Drive the Growth of the Food Automation Market

According to the World Health Organization, an estimated 600 million people worldwide fall ill after eating contaminated food, and 4,20,000 die every year, resulting in the loss of 33 million healthy life years. Thus, increasing concerns regarding food safety and hygiene have fueled the usage of automation in the food & beverage industry to ensure hygiene levels. Food products with different nutritional values and flavors are distributed globally depending upon the environmental conditions. These food products require hygienic storage and processing to increase shelf life so they can be consumed in other places and seasons across the year. Also, food products require proper handling and packaging as they are perishable.

ADVERTISEMENT

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=4956

Moreover, according to the Centers for Disease Control and Prevention, approximately 70% of all foodborne diseases are due to viruses spread by direct or indirect contact with infected individuals. Food safety, nutrition, and food security are thereby linked to each other. Unsafe food creates a vicious cycle of disease and malnutrition, affecting infants, young children, the elderly, and the sick. Thus, due to growing concerns regarding individual health and wellbeing, which can be affected due to consumed food and the environment, high attention is given to the production, processing, packaging, storage, distribution, and consumption of food products. Technology helps the food & beverage industry overcome one of its largest concerns—food safety, by providing well-maintained traceability records, which help monitor the movement of food products across the supply chain.

Regulatory authorities such as the U.S. Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the European Food Standards Agency (EFSA) have imposed strict regulations on food safety and packaging. The FDA’s food safety authority has enhanced the mandates of the Food Safety Modernization Act (FSMA) to protect both consumer and public health. These regulatory bodies continually aim at improving food safety processes in manufacturing and distribution and enhancing the overall traceability of products in the supply chain. The adoption of automation allows companies to invest in technologies such as robots, the IoT, and AI to ensure regulatory compliance and improve track-and-trace functionality. Automation tools and solutions allow for intelligent manufacturing capabilities to support compliance requirements. Moreover, regulatory guidelines such as the Food Safety Modernization Act require detailed plans and documentation of potential threats, remediation efforts, monitoring, and reporting. Solutions such as data management and ERP automate the measuring, capturing, documentation, auditing, and reporting of data, helping companies to remain in full compliance with various requirements. They also offer better communication to allow for monitoring, recording, and responding to information that is critical to food safety. Also, human intervention can sometimes contaminate food products. The use of robots in processing and packaging ensures the safety standards of food & beverage products. Thus, increasing food safety regulations are expected to drive the growth of the food automation market.

To provide efficient analysis, Meticulous Research® has segmented overall food automation market based on component (plant level controls {supervisory control and data acquisition (SCADA), distributed control systems (DCS), programmable logic controllers (PLC), other plant-level controls}, enterprise level controls {product lifecycle management (PLM), enterprise resource planning (ERP), manufacturing execution systems (MES)}, and plant instrumentation {motors & drives, robots, sensors, machine vision systems, relays & switches, and other plant instrumentation components}), mode of automation (semi-automatic, fully-automatic), application (palletizing & depalletizing, picking & placing, grading & sorting,  butchery, and other applications), end-use (dairy processing, beverages and distilleries, bakery & confectionery, oils & fats, meat, poultry, and seafood products,  fruits & vegetables, and other end uses), and geography (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa).

Quick Buy –  Market Research Report: https://www.meticulousresearch.com/Checkout/26355653

Based on component, the food automation market is mainly segmented into plant instrumentation, plant-level controls, and enterprise-level controls. The enterprise-level segment commanded the largest share of the overall food automation market in 2021. The high implementation of enterprise-level control solutions is attributed to the management- and productivity-related benefits associated with ERP and PLM. Companies in the food automation market are developing F&B specific solutions by integrating ERP, SCADA, and robotics, further driving the demand for automated solutions. However, the plant-level control segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to rising utilization of control, data analysis and process management software solutions such as SCADA, PLC, and DCS. The F&B sector deploys hybrid automation solutions which is a combination of the discrete and process automation technology and offers benefits for the overall processing & packaging activities. SCADA is witnessing high demand as it monitors the entire process system and provides instructions to other individual PLCs & DCSs.

Based on the mode of operation, the food automation market is segmented into semi-automatic and fully-automatic modes. The fully-automatic segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing adoption of fully-automated solutions for processing activities, such as picking & placing, palletizing & depalletizing, packaging & repackaging, and grading & sorting. Several F&B sector participants have automated their processing & packaging units with the availability of industrial robots and robotic systems instead of human labor. The trend of replacing human labor with automatic systems is expected to drive the fully-automatic operational mode.

Advertisement. Scroll to continue reading.

Based on application, the palletizing & depalletizing segment dominated the overall food automation market in 2021, owing to the high usage of robotics and sensor-based solutions that increase efficiency and reduce frequent faults. The industry players have developed application-specific robots and sensor-based systems that offer enhanced quality, better working conditions, and improved production throughput. However, the packaging & repacking segment is expected to grow at the highest CAGR during the forecast period. The highest growth of this segment is attributed to factors such as the increasing demand for advanced packaging solutions across the beverage, bakery & confectionery, meat, fish, animal, and dairy industries.

Advertisement. Scroll to continue reading.

Based on end user, the food automation market is segmented into dairy processing, beverages and distilleries, bakery & confectionery, oils & fats, meat, poultry, and seafood products, fruits & vegetables, and other end uses. The beverages & distilleries segment is expected to grow at the highest CAGR during the forecast period. The highest growth of this segment is attributed to factors such as the demand for alcoholic and nonalcoholic beverages such as fruit juices and isotonic and health drinks is increasing, and the growing need to cater to consumer demand, maintain quality, consistency, hygiene, and optimize production of the beverages.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/food-automation-market-4956

Geographically, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The highest growth of this market is mainly due to the Asian countries, including China and Japan, have major robotics, sensors, and automation hardware components that further dominate the automation industry. Additionally, India, China, and Australia have a robust F&B manufacturing sector and export to other European and American countries, creating automation solutions. Moreover, stringent government regulations and standards related to food safety & quality to prevent consumer illness are major factors supporting the adoption of food automation solutions.

China is one of the largest food producers and the largest food consumers in the Asia-Pacific region. In recent years, several developments significantly impacted the food consumption pattern in the country. These developments include a growing focus on the quality and safety of food, rural migration & urbanization, and changing taste of younger consumers. In recent years, food consumption has experienced rapid changes, driven mainly by increased consumer income. In addition, food safety is playing a vital role in building demand for high-quality food ingredients and manufactured foods. With the rapid rise in population across the country, China has emerged as one of the world’s largest agri-food markets. In 2021, China splashed out huge subsidies on the robotics industry, seeing it as a key element in its push to upgrade the nation’s manufacturing industry, including food. China is also the largest food and beverage market globally, relying highly on imported goods. To produce more in the country, China’s 35,000 food processing and manufacturing plants are finding success using automation in innovative ways. For example, using automation-controlled LED lighting and an innovative growth liquid, Jinpeng Plant Factory outside of Beijing grows up to 15 million seedlings a year in a 14,000-square foot area. According to the International Federation of Robotics (IFR), China is the fastest-growing robot market globally. Most of the robots manufactured in China are shipped to Japan, Europe, and North America. Around 65% of robots are imported to North America. Although China is an important robots market globally, it has huge potential for automation in its manufacturing industry. Compared to Japan, South Korea, and Germany, with robot density in the manufacturing industry that varies between 270 and 400 robots per 10,000 employees, China’s robot density is very low, with ~20 robots. This indicates the potential for domestic penetration, which is expected to increase the production of robots. China is the largest market for installations of industrial robots. The country has been focusing on boosting its production capability. A plan has been set to develop the ‘Made in China’ products, boost technology innovation, and upgrade the equipment manufacturing industry. The Chinese government participates and actively promotes advanced technologies, including automated machines, to maintain better hygiene.

The top five players that dominated the global food automation market were ABB Group, Rockwell Automation, Siemens AG, Fanuc Corporation, and GEA Group. The other key players operating in the food automation market include Rockwell Automation (U.S.), Yaskawa Electric Corporation (Japan), Schneider Electric (France), Yokogawa Electric Corporation (Japan), KUKA AG (Germany), Emerson Electric (U.S.), Fanuc (Japan), Honeywell International (U.S.), Mitsubishi Electric Corporation (Japan), JLS Automation (U.S.), Falcon Autotech Pvt. Ltd (India), and Food Automation Pty. Ltd (Australia).

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=4956

     Amidst this crisis, Meticulous Research® is continuously assessing the impact of the COVID-19 pandemic on various sub-markets and enables global organizations to strategize for the post-COVID-19 world and sustain their growth. Let us know if you would like to assess the impact of COVID-19 on any industry here- https://www.meticulousresearch.com/custom-research

Related Reports:

Food Robotics Market by Type (Articulated Robots [SCARA, Six-axis Robots], Delta & Parallel Robots, Collaborative Robots, Cartesian Robots, Cylindrical Robots, Portal Robots), Payload, Application, End-Use, and Geography – Global Forecast to 2028

https://www.meticulousresearch.com/product/food-robotics-market-4957

Agriculture IoT Market by component (hardware, software, services), by application (precision farming, smart greenhouse, livestock monitoring, smart irrigation, other applications), and Region – Global Forecast to 2027

ADVERTISEMENT

https://www.meticulousresearch.com/product/agriculture-iot-market-5080

ADVERTISEMENT

Collaborative Robots Market by Component (Hardware and Software), Payload (Less than 5Kg, 5 to 10 Kg), Application (Material Handling, Assembly line), End-user (Automotive, Electronics, Metal, and Machinery), and Geography – Global Forecast to 2027

https://www.meticulousresearch.com/product/collaborative-robots-market-5014

Industrial IoT (IIoT) Market by Component, Application (Robotics, Maintenance, Monitoring, Resource Optimization, Supply Chain, Management), Industry (Aerospace, Automotive, Energy, Healthcare, Manufacturing, Retail), and Geography – Global Forecast to 2027

https://www.meticulousresearch.com/product/industrial-iot-market-5102


        
Tags: automationBillionFoodFood AutomationFood Automation MarketFood Newsfood technologyGradingMarketMeticulous Market Research Pvt. Ltd.NewsPackaging and RepackingPlant Instrumentationworth
Share196Tweet123Send
ADVERTISEMENT
Previous Post

Athlete ambassadors boost efforts to prevent competition manipulation at Beijing 2022

Next Post

Crypto company EGridd introduces world’s first Green Energy

GlobeNewswire

GlobeNewswire

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Next Post

Crypto company EGridd introduces world's first Green Energy

  • Trending
  • Comments
  • Latest

GreenCell Mobility Unveils ‘NueGo’ – First Pan-India Intercity Electric Mobility Coach Brand

22/04/2022

Sinch AB (publ) has published its Annual Report for 2021

22/04/2022

HarperCollins Presents THE RESILIENT SOCIETY: Economics After Covid by Markus Brunnermeier

22/04/2022

Mind Wars To Organise Mumbai Debate Championship 2021 : Zee Entertainment

ABP Network celebrated Doctors Day with special programming initiatives

Coca-Cola India appointment Devyani Rajya Laxmi Rana as Vice President of Public Affairs for India and Southwest Asia

Coca-Cola India appointment Devyani Rajya Laxmi Rana as Vice President of Public Affairs for India and Southwest Asia

CGTN: Hong Kong youths embrace brighter future as city integrates into national development

01/07/2022

Mitsubishi Electric Initiates it’s New Factory Automation Systems Manufacturing Facility Groundbreaking in Maharashtra

01/07/2022

Social network Zorro rebrands as Hood ahead of its US launch

01/07/2022
ADVERTISEMENT
ADVERTISEMENT
Life Care News

Copyright © 2015 - 2021 Lifecarenews.in

LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Service
  • Editorial Guidelines

Follow Us

No Result
View All Result
  • Home
  • Business
    • BusinessWire
    • GlobeNewswire
    • Banking
  • News
    • Startups
    • Feature News
    • Energy
    • Real Estate
    • Environment
    • Uncategorized
  • Tech
  • Entertainment
    • Lifestyle
    • Fashion
    • Travel
  • Health
    • Food
  • Education
    • Books
  • Technology
  • Automobile
  • Sports
    • Olympic

Copyright © 2015 - 2021 Lifecarenews.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version