Food Automation Market, by Type (Motors & Generators, Motor Controls, Discrete Controllers & Visualization, Rotary Products, Linear Products, Others), Application (Dairy, Bakery, Confectionery, Fruit & Vegetable, Meat, Poultry, and Seafood, Beverages), Function (Processing, Packaging & Repackaging, Palletizing, Sorting & Grading, Picking & Placing, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
Chicago, IL -- (SBWIRE) -- 09/18/2017 -- Food automation is a technology that helps to make the process of food packaging easier to manage and is recently being used extensively in food and beverages industry. Food automation serves as an efficient solution to various challenges such as improving yield, enhancing productivity, mitigating security risks, optimizing resource management and improving asset management. Food industry uses motors and generators to ensure a smooth functioning of the food automation process. Motors help to provide proper functioning of systems, whereas generators ensure that they provide smooth operational flow. There is a significant change seen in the consumer preferences towards packaged and ready-to-eat food which is favoring the market growth. This report studies the current and future aspects of food automation market.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the food automation market. The scope of this report covers the food automation market by its major segments, which include the types, applications, and the major geographic regions.
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The food automation market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Europe region holds the highest market share and is the largest revenue contributor of the food automation market. The region is expected to continue growing at the same pace during the forecasted period because of increase in consumer preferences for processed and packaged food items. In this era, people have a hectic and stressful life wherein they opt for easy-to-cook options, which is contributing towards the market growth. Next in line is the Asia-Pacific region which is witnessing a rapid growth of the food automation market because of rapid urbanization, diet diversification and heavy investment in food sector seen during the forecasted period.
This report analyzes the food automation market by the following segments:
Food Automation Market, by Type
1. Motors & Generators
2. Motor Controls
3. Discrete Controllers & Visualization
4. Rotary Products
5. Linear Products
Food Automation Market, by Application
4. Fruit & vegetable
5. Meat, Poultry, and Seafood
Food Automation Market, by Function
2. Packaging & Repackaging
4. Sorting & Grading
5. Picking & Placing
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