Food Robotics Market Report, Top Players, Latest Trends, Demand, Analysis and Forecast 2022-2027
According to IMARC Group latest report titled “Food Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on food robotics market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global food robotics market reached a value of US$ 1.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2027, exhibiting a CAGR of 12.27% during 2022-2027.
Food robotics involves the utilization of computer-operated machines in the food and beverage sector for performing various complex activities, including picking, packing, and palletizing. Additionally, they are used for feed placement, dispensing, pick-and-placing products, packaging and casing into containers, and labeling packages. They are specialized in performing repetitive and tedious production tasks at high speed and offer safety and efficiency in food preparation and improved cleanliness in a cost-efficient manner. As a result, manufacturers in the food and beverage sector are adopting automation technology for manufacturing food products with high precision and yields. The demand for food robotics is increasing across the globe due to the emergence of modern retail trade.
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The rapid outbreak of coronavirus disease (COVID-19) followed by the subsequent lockdown restrictions has negatively affected the functions and output of food processing units, thus resulting in the temporary closure of facilities and reduced workforce, which affected the food robotics market. However, the market is expected to gain composure due to considerable improvements in vaccination rates across the globe and the gradual opening of processing facilities, along with a considerable increase in the stockpiling of packaged food items. The rising need for a high degree of sanitation in order to prevent the spread of the virus has also created a positive market outlook.
Market Trends:
The global market is majorly driven by significant growth in the food and beverage sector. In addition to this, continual technological advancements across the sector have encouraged the widespread adoption of robotic technology for handling food products, including fruit and vegetables, biscuits, and frozen pizzas, is significantly supporting the market growth globally. Moreover, the integration of artificial intelligence (AI) and big data with robots is impelling the demand for collaborative robots, thereby creating a positive market outlook. Additionally, the increasing adoption of robots in the preparation of ready-to-eat and packaged foods on account of the rising adoption of instant and convenient ready-to-eat snacks over traditional counterparts among individuals is significantly supporting its demand. Other factors driving the market further include rapid urbanization and the increasing need for improved product packaging solutions, are also contributing to its growth.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- ABB Ltd
- Bastian Solutions LLC
- Denso Corporation
- Fanuc Corporation
- Kawasaki Heavy Industries Ltd.
- Kuka AG
- Mitsubishi Electric Corporation
- Rockwell Automation Inc.
- Seiko Epson Corporation
- Stäubli International AG
- Universal Robots A/S
- Yaskawa Electric Corporation
Food Robotics Market Segmentation:
Our report has categorized the market based on region, type, payload and application.
Breakup by Type:
- SCARA
- Articulated
- Parallel
- Cylindrical
- Others
Breakup by Payload:
- Low
- Medium
- Heavy
Breakup by Application:
- Packaging
- Repackaging
- Palletizing
- Picking
- Processing
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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