Global Food Automation Market size was US$ 11.66 Bn. in 2022 and is expected to reach US$ 20.49 Bn. by 2029, at a CAGR of 7.3 % during forecast period.
Market Overview
The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Food Automation Market suppliers in the forecast period through 2029. The Maximize Market Research, an Food Automation market research firm, has served more than 600 clients across the world since 2017.
Market Scope
The report provides current Food Automation market trends and regional insights in terms of demand, supply, and sales, as well as recent changes in the market. The Food Automation market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The Food Automation market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in this global Food Automation market research report.
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Segmentation
by Type
Motors & generators
Motor controls
Discrete controllers & visualization
Rotary products
Linear products
Others
by Application
Dairy
Bakery
Confectionery
Fruit & vegetable
Meat, poultry, and seafood
Beverages
by Function
Processing
Packaging & Repackaging
Palletizing
Sorting & Grading
Picking & Placing
Others
Key Players
1. Rockwell Automation, Inc.
2. Siemens AG
3. ABB Ltd
4. Mitsubishi Electric Corporation
5. Schneider Electric SE
6. Yokogawa Electric Corporation
7. GEA Group
8. Fortive Corporation
9. Yaskawa Electric Corporation
10. Rexnord Corporation
11. Emerson Electric Co.
12. Nord Drivesystems
13. Horner APG
14. Frontmatec
15. Festo AG & Co. KG
16. Elwood Corporation
17. Copa-Data
18. Eaton
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Regional Analysis
Food Automation Region dominated the Food Automation Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Food Automation Market growth in the region. The Food Automation market report includes a geographic condition of the market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.
Key Questions answered in the Food Automation Market Report are:
What is Food Automation Market?
What is the forecast period of the Food Automation Market?
What is the competitive scenario of the Food Automation market?
Which region held the largest market share in the Food Automation Market?
What are the opportunities for the Food Automation Market?
What factors are affecting the Food Automation market growth?
Who are the key players of the Food Automation market?
Which company held the largest share in the Food Automation market?
What will be the CAGR of the Food Automation market during the forecast period?
What key trends are likely to emerge in the Food Automation market in the coming years?
Key offerings:
Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Food Automation Market.
Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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