About industrial automation in F&B industry
Industries worldwide are opting for efficient manufacturing processes that improve productivity and reduce total cost of ownership. Industrial automation solutions aid end-users in organizing their manufacturing processes efficiently and providing real-time information about each sub-system of the plant. They enhance the quality of products and help them innovate to gain a competitive edge. The demand for a high degree of consistency in quality of food and beverages is prompting the F&B industry to improve their production processes. The F&B industry is required to maintain critical control points, identified as HACCP, to meet safety standards of food safety authorities. These factors are pushing the F&B industry to opt for automation control systems such as DCS, PLC, SCADA and MES in production plants and warehouses. Technavio's analysts forecast the industrial automation market in the F&B industry to grow at a CAGR of 9.51% over the period 2014-2019.
Covered in this report
This report covers the present scenario and growth prospects of the global industrial automation market in the F&B industry for the period 2015-2019. To calculate the market size, the report considers revenue generated from sales of industrial automation products such as DCS, PLC, SCADA, and MES in the F&B industry.
Technavio's report, Global Industrial Automation Market in F&B Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global industrial automation market in the F&B industry and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Industrial Automation Market in Food and Beverage Industry 2015-2019
Technavio recognizes the following companies as the key players in the Global Industrial Automation Market in Food and Beverage Industry: ABB, Siemens, Honeywell, Yokogawa Electric and Schneider
Other Prominent Vendors in the market are: Rockwell Automation, Metso, Mitsubishi, Omron, GE, Control Systems International, and Bharat Heavy Electricals.
Commenting on the report, an analyst from Technavio’s team said: “There has been a rising demand for better healthcare in emerging countries such as China, India, and Brazil. Even during times of economic slowdown, China has experienced an increased demand for healthcare equipment. The increased concerns about healthcare among people from emerging countries are driving the demand for higher product quality in the F&B industry.”
According to the report, most F&B manufacturers and producers are focusing on the safety and traceability of food products, as well as the ingredients used in them. The F&B industry must adhere to the regulations and standards prescribed by the FDA and HACCP. For instance, the FDA's Food Safety Modernization Act (FSMA) is monitoring the F&B industry in the US to ensure traceability of food products throughout the supply line, from the origin to the customer. The FDA's main objective with this legal regulation is to provide a timely forensic report to tackle any incident resulting from the use of any food product.
Further, the report states that the lack of awareness about automation control systems among manufacturing companies in developing nations is adversely affecting the growth of this market.
ABB, Siemens, Honeywell, Yokogawa Electric, Schneider, Rockwell Automation, Metso, Mitsubishi, Omron, GE, Control Systems International, Bharat Heavy Electricals.
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