The global food robotics market size is anticipated to reach USD 3.35 billion by 2025, expanding at a CAGR of 13.1%, according to a new report by Grand View Research, Inc. The growing demand for packaged food, need for automation, increasing food safety regulations, and high labor costs are expected to drive the market.
The industry has witnessed increasing investments in R&D activities, since the past few years, for the development of technologically-advanced robotics and automated systems. The increasing labor costs are driving the packaged food producers toward the adoption of automation systems. The application segments of the market include palletizing, packaging, repackaging, picking, and processing.
The packaging segment is presumed to hold the highest growth rate over the forecast years. The market is witnessing increasing use of packaging automation solutions in food industries. The advantages bestowed by the technology include higher efficiency in food production and processing, increased production efficiency, and consistent quality of products.
The key market participants IN the food robotics market are ABB Group,Kawasaki Heavy Industries Ltd., Fanuc Corporation, Yaskawa Electric Corporation, and others. The vendors in the robotics and automation market are likely to witness increased demand for robotics solutions over the forecast years, owing to the increasing technological advancements.
To request a sample copy or view summary of this report, click the link below:
Further key findings from the study suggest:
The SCARA segment is presumed to be the fastest-growing segment with a CAGR of 15.5% over the forecast period
Medium payload capacity robots are predicted to largely contribute to the market growth as they facilitate increase in performance and efficiency
Asia Pacific is expected to be the fastest-growing region, owing to the high demand for packaged food in economies such as Japan and China
The major players in the food robotics market are BB Group, Kawasaki Heavy Industries Ltd., Fanuc Corporation, and Yaskawa Electric Corporation
Grand View Research has segmented the global food robotics market based on types of robots, payload, applications, and regions:
Food Robotics Types of Robots outlook (Revenue, USD Million; 2014 - 2025)
Food Robotics Payload outlook (Revenue, USD Million; 2014 - 2025)
Food Robotics Application outlook (Revenue, USD Million; 2014 - 2025)
Food Robotics Regional Outlook (Revenue, USD Million; 2014 - 2025)
Republic of Korea
Rest of the World
Avail customized purchase options to meet your research needs:
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
Speak to the report author to design an exclusive study to serve your research needs.
A testimonial for service excellence represented in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.
"The quality of research they have done for us has been excellent..."