Food Automation Market Overview:
The research Food Automation Market seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Food Automation Market by Product Type, End Users/Application, Key Manufacturers, and Several Key Regions.
Food Automation Market size was valued at US$ 11.66 Bn. in 2021 and the total Food Automation revenue is expected to grow at 7.3% from 2022 to 2029, reaching nearly US$ 20.49 Bn.
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Market Scope:
The research focuses on the report's growth prospects, constraints, and market analyses. The research employs Porter's five forces analysis of the Food Automation industry to assess the impact of several variables on Food Automation market trends, including supplier bargaining power, competitor competitive intensity, the threat of alternatives, buyer power etc.
Segmentation:
Before implementing any automated or robotic system, strict sanitary requirements for poultry processing facilities must be addressed in detail. There are modern robots designed exclusively for the poultry industry. It is a serious problem due to the harsh wash-down procedures employed in these factories and the equipment that is not designed for direct contact with food. The use of automation and robots in the poultry processing industry is still in its infancy compared to other industries, like the automobile.
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Key Players:
• Siemens AG
• ABB Ltd
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Yokogawa Electric Corporation
• GEA Group
• Fortive Corporation
• Yaskawa Electric Corporation
Regional Analysis:
Our analysts have also studied the global Food Automation market in the following regions:
- America, North (the United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
COVID-19 Impact Analysis on Food Automation Market: The detailed impact analysis of the COVID-19 pandemic on the global Food Automation market has also been included in the report.
Key Questions Answered in the Food Automation Market Report are:
- What will be the CAGR of the Food Automation market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Food Automation market in 2020?
- Which are the key players in the Food Automation market?
- What key trends are likely to emerge in the Food Automation market in the forecast period?
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