According to IMARC Group latest report titled “Food Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on food robotics market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global food robotics market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 11.8% during 2023-2028.
Food robotics refers to applying robotics and automation technologies in the food industry to enhance various processes, including production, processing, packaging, and even restaurant services. These advanced systems offer numerous benefits, such as increased efficiency, precision, and food preparation and handling consistency. They enable automated tasks like ingredient sorting, cutting, mixing, cooking, and packaging, reducing human error and improving productivity. It also addresses labor shortages, promotes food safety and hygiene, and enables customization and scalability in food production. With rapid advancements in artificial intelligence and machine learning, food robotics continues to revolutionize the industry, driving innovation, improving quality, and transforming how we produce and consume food.
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Market Trends:
The global market is majorly driven by the increasing efficiency and productivity of the product. In line with this, the rising labor shortage in the food industry is significantly contributing to the market. Furthermore, robotics in food production ensure greater consistency and precision, minimizing the risk of contamination and improving food safety standards, thereby positively influencing the market. Apart from this, the enhanced quality and consistency offered by the product are catalyzing the market. Moreover, advanced food robotics technologies allow for the customization and personalization of food products, catering to individual preferences and dietary requirements and expanding market opportunities. Besides, the food robotics systems can be easily scaled up or down to cater to the changing demand, providing flexibility to food manufacturers and facilitating the market. Additionally, rapid technological advancements, including robotics, artificial intelligence, and machine learning, improve the capabilities and affordability of food robotics, fostering the market.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 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 (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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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