The Worldwide Food Robotics Market is Projected to reach USD 4 Billion by 2028, at a CAGR of 10.2%

Published Date: 21-Feb-2023

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Food Robotics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Food Robotics Market size is expected to reach $4 billion by 2028, rising at a market growth of 10.2% CAGR during the forecast period.

The Packaging market is registering a CAGR of 10.5% during (2022 - 2028). Food robots are employed in primary packaging, where food is placed into its container, wrapper, or vacuum-sealed bag. Using robots for secondary packing is another popular practice. The segment is expanding in this sector as the demand for packaged foods rises.

The Medium market is leading the segment in the Global Food Robotics Market by Payload in 2021; thereby, achieving a market value of $1.8 billion by 2028. The payload consists of the combined weight of the picked thing and the End of Arm Tooling (EOAT). The payload is simpler to calculate and quantify. Most robots with medium payloads are employed for repetitive and strenuous tasks in the F&B sector. The custom of eating three courses a day has somewhat diminished due to evolving trends words as snacking.

The Articulated market is showcasing a CAGR of 8.8 % during the forecast period. A dominant force in the food & beverage sector, articulated robots perform labor-intensive, risky, or delicate tasks. Contamination is never a concern when using articulated robot automation. Robots designed for use in food are sealed to prevent contamination of food products. With robots, work conditions can be strictly regulated and maintained hygienically, but it is practically impossible with people.

The Asia Pacific market dominated the Global Food Robotics Market by Region in 2021; thereby, achieving a market value of $1.6 billion by 2028. The Europe market is poised to grow at a CAGR of 10% during (2022 - 2028). Additionally, The North America market would witness a CAGR of 9.5% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/food-robotics-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Mitsubishi Electric Corporation, ABB Group, Rockwell Automation, Inc., Kawasaki Heavy Industries, Ltd., Kuka AG (Midea Investment Holding Co., Ltd.), FANUC Corporation, Yaskawa Electric Corporation, Seiko Epson Corporation, Teradyne, Inc. (Universal Robots A/S) and Denso Corporation.

Global Food Robotics Market Segmentation

By Application

  • Palletizing & Processing
  • Packaging
  • Repackaging
  • Pick & Place
  • Others

By Payload

  • Medium
  • High
  • Low

By Type

  • Articulated
  • Cartesian
  • Scara
  • Cylindrical
  • Collaborative
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Mitsubishi Electric Corporation
  • ABB Group
  • Rockwell Automation, Inc.
  • Kawasaki Heavy Industries, Ltd.
  • Kuka AG (Midea Investment Holding Co., Ltd.)
  • FANUC Corporation
  • Yaskawa Electric Corporation
  • Seiko Epson Corporation
  • Teradyne, Inc. (Universal Robots A/S)
  • Denso Corporation

Unique Offerings from KBV Research

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  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Food Robotics Market size & Opportunities 2022-2028

Europe Food Robotics Market & Growth Forecast 2022-2028

Asia Pacific Food Robotics Market Share & Industry Outlook to 2028

LAMEA Food Robotics Market Growth, Trends & Forecasts 2022-2028

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