Global Market Insights, Inc. added research on food automation market is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, market also includes an in-depth study of the industry’s competitive scenario.
Food Automation Market growth will be propelled by complete vertical integration of beverage production processes by adopting process computerized solutions along with value chain optimization. On the basis of application, beverages are projected to dominate the segment. Increasing criticality in beverages production processes, constant advancements, and new product launches in are significantly supporting product penetration.
Food automation market from function packaging & re-packaging is the fastest growing segment owing to health and safety concerns. Manufacturers are expected to invest progressively in technological developments including automated packaging systems. Increasing necessity to overcome challenges of sustaining product safety and quality will drive food automation market size.
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Automation technologies are widely used in processing industries. It serves as a cost-effective solution by optimizing resource management, improving productivity, better asset management and mitigating security risks. Motors aid to offer appropriate functioning of systems, whereas generators ensure smooth operational flow. Additionally, implementation of different packaging machineries and robotics is anticipated to foster food automation market growth.
Asia Pacific is the fastest growing food automation market owing to rapidly expanding food & beverages industry in the region. Improved standard of living, rising disposable income and liberalization of foreign direct investment are key factors driving industry growth. In addition, increasing adoption of automated technologies in production facilities also drives regional food automation market.
Europe was estimated as the largest food automation market in 2016 owing to high demand for processed nourishment products, especially in Spain, Italy, UK, Germany and France. Moreover, stringent regulations imposed by several regional regulating bodies pertaining to the quality of processed nourishment products will fuel product demand over the forecast timeframe.
Motors & generators is expected to account for the largest food automation market share owing to increasing importance of motors in motion regulating applications over the forecast timespan. Several industrialized countries are continuously experiencing high demand for high torque, high pressure and wash down applications with detailed motion control has substantially boosted their functionality. Increasing necessity to maintain smooth and effective functioning of systems will propel industry growth.
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