Global food automation market poised for growth

The global food automation market will grow to US$13.98 billion by 2025, with a compound annual growth of around 7.3% during the forecast period from 2019 to 2025.
Zion Market Research analysts said the boost would come from several factors: rising customer inclination for ready-to-eat and processed meals. Strict rules concerning consumer safety and technological innovations in processing techniques will also drive market growth. Other factors include mass production, improved safety, brand protection, quality control, food standardisation, and labour reduction. The rising stipulation for highly developed automated systems like robotics will also fuel the global market's expansion in the years to come.
Meanwhile, the Asia-Pacific will observe a considerable growth rate based on the flourishing F&B industry in this region. Zion said the sector's expansion is due to the rising alertness about health, urbanisation, and disposable income. As a result, several F&B industry players shift to automation processing from manual processing to develop new products and augment the output, thereby propelling the growth of food automation. Further, an increasing count of manufacturers actively participating in the F&B industry will drive the regional market expansion. (Image from Unsplash)

Post a Comment

Previous Post Next Post