Major players in the food automation market are ABB Ltd, GEA Group, Mitsubishi Electric Corporation, Rexnord Corporation, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Yaskawa Electric Corporation, Yokogawa Electric Corporation, Fortive Corporation, Emerson Electric Co, Falcon Autotech Pvt Ltd, Fanuc Corporation, Neologic Engineers Private Limited and JLS Automation.
New York, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Food Automation Global Market Report 2022" - https://www.reportlinker.com/p06318539/?utm_source=GNW The global food automation market is expected to grow from $11.08 billion in 2021 to $12.09 billion in 2022 at a compound annual growth rate (CAGR) of 9.12%. The food automation market is expected to reach $17.46 billion in 2026 at a compound annual growth rate (CAGR) of 9.63%. The food automation market consists of sales of food automation machines by entities (organizations, sole traders, and partnerships) that is used in the multiple food processing activities to reduce the human input in food processing tasks.Food automation aims primarily to improve line efficiencies, increase productivity and production quality, and increase profit. It is used for food packaging, raw material mixing, and preparation area of the products for quality and hygiene production. The main types of machines in the food automation market are motors and generators, motor controls, discrete controllers and visualization, rotary products, linear products and others.The motors and generators are an energy conversion machines used in the food industry. Motors and generators are used in food industry machinery for automating processing and other operations.Motors and generators have demand requirements in specific sectors such as fish, poultry, dairy, and baking goods. The food automation machines are either semi-automatic or fully automatic and have consists of components such as plant instrumentation, plant-level controls and enterprise-level controls. Food automation are mostly have application in bakery products, drinks, candy, snacks, fruits and vegetables, meat and other. Western Europe was the largest region in the food automation market in 2021.Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The food automation market research report is one of a series of new reports that provides food automation market statistics, including food automation industry global market size, regional shares, competitors with a food automation market share, detailed food automation market segments, market trends and opportunities, and any further data you may need to thrive in the food automation industry. This food automation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The rising adaptability of automation is expected to propel the food automation market.The rapid push toward automation technology and increased expectations of consumers and regulatory agencies for better product quality and safety has resulted in the increased adoption of automation across industries. It will provide with an effective and efficient solution in the food industry for better food quality, maximum productivity, and profitability with ensured safety using automation technologies to streamline various activities from food processing operations to packaging, reducing the manual effort, increasing safety and maximizing profits. For instance, in December 2021, according to the International Federation of Robotics (IFR), the steady growth of industrial robots reflects the adoption of automation in food and beverage manufacturing, with the total global operational stock of robots increasing by 8.6% in 2020. The operational robot stock in food and beverage manufacturing steadily increased from 81,500 in 2019 to 90,100 in 2020. This adoption was driven due to the availability of better technology, the need to stay competitive and improve workers’ safety. Therefore, the rising adaptability of automation will drive the growth of the food automation market. Technological advancement is a key trend gaining popularity in the food automation market.The market is witnessing the implementation of next-generation food automation technologies such as robotics, digital twins, internet of things (IoT), analytics, data processing, automated control systems, and others. These advanced solutions offer complete automation reducing human needs entirely and increasing profitability while ensuring safety.For instance, in January 2022, Pazzi Robotics, a France-based kitchen software, and robotics startup firm introduced a fully automated packaged solution for the food and beverages industry with no human intervention during the operations. The solution includes robots that perform tasks from food preparation to final assembly based on fully automated procedures. This solution uses a combination of software, data, and precision robotics. In January 2022, AMF Bakery Systems Inc., a US-based automated bakery equipment solutions company acquired Workhorse Automation Inc., for an undisclosed amount. With this acquisition, AMF Bakery Systems will strengthen its product portfolio with the addition of robotics technologies and the engineering expertise of Workhorse Automation. These two companies’ technologies can help bakers build efficient and automated bakeries. Workhorse Automation Inc. is a US-based company providing engineering and automated solutions for the commercial baking industry. The countries covered in the food automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. Read the full report: https://www.reportlinker.com/p06318539/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
Long-time Real Money subscribers have come to learn I like to combine investment approaches. No one investment approach (fundamental, technical, quantitative) is perfect and better results can come from blending or combining different methods. The On-Balance-Volume (OBV) line has also moved sideways suggesting a balance between buyers and sellers.
These highly profitable companies offer sustainable competitive advantages that make them no-brainer buys.
AT&T CEO John Stankey has a message to rival T-Mobile: Cut the nonsense when advertising to seniors.
Now-redundant, Ethereum miners are flocking to other proof-of-work (PoW) tokens after the network switched to the proof-of-stake (PoS) consensus mechanism.
As bad the news was for FedEx, it may be worse news for the U.S. economy --- and an early sign of a recession.
'He has gotten nowhere,' said West's lawyer about his attempts to work through partnership issues
Maersk , the Danish integrated transport and logistics company, is probably the world's largest shipping company and offers container vessels, supply ships, special vessels, terminals. In this daily bar chart of A.P. Moller-Maersk's Denmark-traded shares, below, we can see that prices broke down from a major top pattern earlier this month when prices broke below 16,000. The On-Balance-Volume (OBV) line has been in a sharp decline since March.
FedEx has blown three tires before the peak holiday shipping season, and chatter on the Street is that mighty Amazon may have played a role.
Huntsman Corp is a manufacturer and marketer of chemical products for consumers and industrial customers - assorted polyurethanes, performance products, and adhesives. The trading volume has been active since February and the On-Balance-Volume (OBV) line has been in a downward trend since February telling us that sellers of this company have been more aggressive than buyers. The OBV line is stalled and beginning to weaken.
Though the mining industry has been hit hard in recent years, this gold producer is going strong and continues to grow
Drug/biotech companies are likely to see significant advances in innovation in 2023. In the Large-Cap Pharmaceuticals industry, AbbVie (ABBV), Novartis (NVS), Merck (MRK) and AstraZeneca (AZN) are worth retaining in your portfolio.
Berlin, racing to safeguard its energy supplies before its planned ban on Russian oil imports kicks in later this year, said it would place Rosneft’s German subsidiaries under trusteeship.
Recent developments suggest business trends are getting worse---not better, meaning there could be more downside ahead.
Warren Buffett's Berkshire Hathaway bought a bunch of stocks during the second quarter. Notable names included Apple (NASDAQ: AAPL), Activision Blizzard (NASDAQ: ATVI), Occidental Petroleum (NYSE: OXY), and Chevron (NYSE: CVX). Buffett seems to be most bullish on Apple and Occidental Petroleum.
(Bloomberg) -- Wall Street analysts didn’t mince words in discussing FedEx Corp.’s forecast for the current quarter -- which missed by a landslide -- and its withdrawal of full-year guidance. It’s really bad.Most Read from BloombergGermany Tightens Control Over Industry With Russian Oil GrabJeff Bezos Loses Spot as World’s Second Richest Person to Gautam AdaniPatagonia Billionaire Who Gave Up Company Skirts $700 Million Tax HitAdobe Near Deal for Online Design Startup Figma, Sources SayPutin Ack
Warren Buffett is one of the best investors of all time. Since 1965, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the masterfully crafted conglomerate he helped build, has returned over 20% annually, creating fortunes for its shareowners along the way. Berkshire's public stock portfolio is thus closely watched by investors seeking to build lasting wealth in the stock market.
FedEx to close offices and cut flights on weak outlook, Southwest and Delta note uptick in business travel, Adobe buys Figma for $20 billion in its largest deal, and other news to start your day.
From couture fashion, to high-end automobiles, it seems luxury buyers can’t get enough. Here's how you can invest in the luxury goods boom.
The White House is sending a signal to the crypto industry that it plans to get tough on exchanges, miners, and token issuers. The industry is already fighting back.
More Americans are working into their golden years. Here's how Medicare, Social Security, taxes and other factors come into play.