Stringent International Food Safety Regulations to Proliferate Food Automation Market to Reach Higher by 2027, Globally | UnivDatos Market Insights
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The Food Automation market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Food Automation market. The Food Automation market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Food Automation market at the global and regional levels.
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Market Overview
Rising disposable income, surging demand for processed food, etc., are some of the key factors that are contributing to the growth of food automation. Also, the decreasing labor productivity, labor working hours, and the total output as well. Deployment of robotics helps in increasing output, time-saving, smooth, and efficient operations as well. As per the U.S. Bureau of Labor Statistics, food manufacturing employs around 1.6 million workers. Furthermore, with surging mishappening during food processing and other operations, there is a greater demand for food robots. In 2018, the incident rate for food manufacturing workers in the U.S. was 4.2%. Burns, cuts, and slips are among the most common types of injuries in food processing plants.
COVID-19 Impact
The COVID–19 pandemic has negatively impacted several industries, including industries engaged in food and beverages manufacturing. Due to the social distancing norms and regulations by the government. Many F&B industries were operating below capacity. Furthermore, in April and May 2020, worker illnesses from COVID-19 led to the shutdown of several large beef and pork packing plants, as roughly 40% of processing capacity was brought offline in the United States. Also, the shortages of food items and price hikes were registered. As per Brain Corp, a firm that designs software used in automated floor cleaners, autonomous floor care robot usage has risen in recent months to about 8,000 hours of daily work, a 13% increase from pre-pandemic use.
However, with the stabilization in the economy, the demand for robots in the food sector is also started uplifting. As per Association for Advancing Automation, robot orders increase 67% in q2 2021 over the same period in 2020, showing a return to pre-pandemic demand for automation.
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The global Food Automation market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
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Food Automation Market Geographical Segmentation Includes:
Based on the estimation, the Asia-Pacific to witness significant share growth in the market. Surging disposable income coupled with the rising number of working parents across the globe is contributing to the growth of the demand for ready-to-eat food products, therefore, the demand for food automation is also rising. However, the North America region would witness considerable growth in the forthcoming years.
The major players targeting the market include
· Rexnord Corporation.
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Food Automation market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
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