According to current analysis by Reports and Data, the global industry is valued at US$9.08bn in 2018 and is expected to reach $15.78bn by the year 2026, at a CAGR of 7.1%. Automation has now become a necessity in the food and beverage industry to maintain quality, enhance production speed, and cooperate with the labour shortages. Rising demand for food automation due to rapid industrialisation and urbanisation is driving growth for the market. Moreover, the expansion of the food and packaging industry is expected to support industrial growth. Stringent government regulations regarding food safety are boosting demand for automation to maintain the quality of the product and efficiency of the food manufacturing process. The rising need to overcome the challenges of sustaining product safety and quality will drive the market during the forecast years.
Industrial robots have more flexibility and efficiency. The increasing robotic capabilities and the corresponding increase in automation levels are compelling the development of new products in processing and packaging plants. These robots, designed to suit all aspects of processes within food and beverage sector, are complemented by end of arm tooling, software products, and function packages and are suitable for applications such as bakery, meat, fish, fruit and vegetables, oils, and beverages.
Motors and generators
Motors and generators are expected to grow significantly in the forecast period. Motors are being increasingly adopted in the food and beverage industry owing to the latter’s demands for applications such as grinders, mixers and conveyers in segments such as meat, poultry and fish, dairy and baking goods. In addition, motors can help companies to manage everything from raw material handling to processing and conveying, to packing and storage, without compromising with the industrial standards
The increasing importance of motors in motion control applications involving high torque applications and high-pressure wash-down with precise motion control has significantly enhanced their overall functionality. The efficient and smooth functioning of the system is encouraged by using generators in the food and beverage industry. It is also supported by a rising awareness on energy efficient advantages brought by generators.
The packing industry
Manufacturers are also investing in technological developments such as automated packaging systems.
The packaging industry requires precise automation and material handling to meet global demand reliably. Automation in packaging would ensure improved reliability, faster installation and improved energy efficiency. Based on application, beverages are expected to dominate the sector. The beverage production process is a complex process and requires constant advancements. Integration of computerised solutions in beverage production processes is expected to support the growth of segment,
Lastly, the scarcity of skilled resources to operate and maintain the machines, and huge investment in research and development, pose a barrier for this market. Additionally, the high cost of capital is likely to hinder growth during the forecast period