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 share. 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 refers to computer-operated machines that are generally deployed in food manufacturing units. They are utilized for performing complex processes, such as cooking, sorting, preparing, packaging and palletizing food items. They are mainly equipped with intelligent vision systems and replicate the hand movements of the worker, thereby allowing the specific placement of products as well as sorting of shapes and sizes of the items. In comparison to traditional machines, they are an essential component that aid in performing repetitive tasks in extreme conditions and at high-speed in order to save time while maintaining the hygiene and cleanliness of the space.
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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.
The global market is primarily driven by the increasing demand from the food and beverage industry. Coupled with the rising investments by leading players for the deployment of robotics on account of the growing need for automation across the sector, this is acting as a key growth-inducing factor the market. Moreover, continual technological advancements in robotics and the integration with artificial intelligence (AI) and the internet of things (IoT) are strengthening the market. In line with this, the widespread incorporation of improved airflow vacuum tools that are ideal for handling food items without touching is favorably impacting the market growth. Additionally, the rising preference for ready-to-eat meals, and canned and frozen processed food products among the masses due to the changing dietary pattern of individuals, especially working professionals, is creating a positive market outlook. Other factors, including emerging food and beverage and e-commerce infrastructure and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market.
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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:
Breakup by Payload:
Breakup by Application:
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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