The new automated food sorting machines market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
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Technavio has announced its latest market research report titled Global Automated Food Sorting Machines Market 2021-2025 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the automated food sorting machines market.
"One of the primary growth drivers for this market is the retrofit activities carried out in aging food processing facilities," says a senior analyst for Industrials at Technavio. The market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. As the markets recover Technavio expects the automated food sorting machines market size to grow by USD 551.77 million during the period 2021-2025.
Automated Food Sorting Machines Market Segment Highlights for 2020
The automated food sorting machines market is expected to post a year-over-year growth rate of 7.30%.
Based on the product, the belt sorter saw maximum growth in 2020. Due to several benefits in usability, price, and low maintenance associated with belt sorter, the automated food sorting machines market by belt sorter is expected to grow at a stable yet increasing growth rate during the forecast period.
34% of the growth will originate from the North America region.
The increasing consumption of packaged food is one of the prime factors that will facilitate the automated food sorting machines market growth in North America over the forecast period.
The US is a key market for automated food sorting machines in North America. However, market growth in North America will be slower than the growth of the market in other regions.
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The automated food sorting machines market size is expected to accelerate at a CAGR of over 8% during the forecast period.
The automated food sorting machines market is segmented by product (Belt sorter, Free-fall sorter, Gravity separator, and Others) and geography (North America, Europe, APAC, South America, and MEA).
The market is fragmented due to the presence of many established vendors holding significant market share.
The research report offers information on several market vendors, including Amisy Group, Buhler AG, CFT Spa, Crux Agribotics BV, Duravant LLC, Elifab Solutions, FH SCHULE Muhlenbau GmbH, GREEFA, Sesotec GmbH, and Tomra Systems ASA
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