Food Robotics - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Food Robotics Market is accounted for $1.71 billion in 2020 and is expected to reach $5.31 billion by 2028 growing at a CAGR of 15.2% during the forecast period. Growing demand for collaborative robots, anticipated shortage of workforce due to high labour cost, and increasing food safety regulations are the major factors propelling the market growth. However, high installation costs of robotic systems and interoperability issues related to robotic technologies are hampering the market growth.
Food robotics refers to the machines used in the food & beverage industry to perform various complex activities such as picking, packing, and palletizing. Various technological advancements across numerous sectors have brought fictional robots to reality. Increase in demand for enhanced productivity augments the deployment of robots to automate the tasks, resulting in robots being an integral part of various industries.
Based on type, the scara segment is going to have a lucrative growth during the forecast period owing to the increase in demand for automation in the food & beverage industry. SCARA robots are simply an automation trend that companies around the world are readily investing in for boosting their product sales. The major attribution for this goes to the key market players of the SCARA robot.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the growing disposable income among the working population, combined with the increasing need for packaged and processed food. The automation in production and processing of RTE foods in the Asia Pacific region is projected to provide growth opportunities for the food robotics market. Rise in food & beverage sector and increase in demand for packaged food are major drivers of the market in Asia-Pacific. Furthermore, reduction in the operating costs and labour cost is anticipated to boost the demand for robotics in the food industry which will ultimately benefit the food robotics market growth.
Some of the key players profiled in the Food Robotics Market include ABB Group, Apex Automation & Robotics, Asic Robotics AG, Aurotek Corporation, Bastian Solutions LLC, Denso Corporation, Ellison Technologies Inc, Fanuc Corporation, Fuji Robotics, Kawasaki Heavy Industries Ltd, KUKA AG, Mitsubishi Electric Corporation, Moley Robotics, Nachi-Fujikoshi Corporation, OMRON Corporation, Rockwell Automation Inc, Schunk GmbH, Staubli International AG, Universal Robots A/S, and Yasakawa Electric Corporation.
• Low Type (<10 Kg)
• Medium Type (>10 Kg-<100Kg)
• Heavy Type (>100 kg)
• Cutting and Slicing
• Packaging and Repacking
• Palletizing and Depalletizing
• Pick and Place
• Quality Inspection
• Sorting & Defect Removal
• Delta Robots
• Dual Arm Robots
• Portal Robots
• Selective Compliance Assembly Robot Arm (SCARA)
• Spherical Robots
• Bakery & Confectionery Products
• Brewery and Beverage
• Convenience Food & Infant Food
• Dairy Products
• Frozen and Chilled Foods
• Fruits & Vegetables
• Meat, Poultry, and Seafood
• Prepared Foods
• Processed Food
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
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- Supply chain trends mapping the latest technological advancements
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