Food Robotics Market

Food robotics market was valued at $2,047.3million in 2020, and is estimated to reach $5,787.9million by 2031, registering a CAGR of 10.4% from 2022 to 2031.

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.

The report on the food robotics market presents a detailed analysis of the trends, future estimations, and thorough study of the market based on type, payload, application, and geography. The market is analyzed on the basis of various regions, namely, North America, Europe, Asia-Pacific, and LAMEA to understand its regional trends. The report highlights the drivers, restraints, opportunities, and growth strategies adopted by the key players to understand the dynamics and potential of the market.

The outbreak of COVID-19 pandemic impacted the consumption pattern of food and beverages products, owing to market closures and reduced workforce. Government of different nations implemented restriction on manufacturing process, transportation, and procurement of raw materials to implement social distancing. Thus, these restrictions affected the production capacity of the food robotics by the manufacturers in the year 2020 and the overall market revenue was hampered during the pandemic. However, the market is expected to set back to its previous growth trend over the next couple of years.

Packed food includes bakery &dairy products, canned &frozen processed products, ready-to-eat meals &snacks, and health food products. The increased demand for processed and packaged foods has led many companies to expand their production, as a result of which the installation of processing and packaging technology may also witness a significant growth. However, the food packaging industry is driven by urban lifestyle changes, rise in disposable income, increased trend of nuclear families, and modern retail trade. This has increased the demand for packaged food worldwide, which in turn offers lucrative market opportunities for the food robotics market.

The food & beverage sector incorporates automated technology for packaging and palletizing to reduce cost, save time, and deliver better quality products. This technology enhances the storage capacity and efficient use of vertical space. Automation in production plants and warehouse areas has become popular for loading/unloading, sorting, palletizing, and put-away tasks, leading to improvement in the supply chain performance in the food & beverage industry. Robotic systems assist to reduce the workload of employees, working in collaboration with them for higher efficiency. Furthermore, with growth in stringent safety regulations regarding work safety, companies now employ robotic systems for dangerous and hazardous environments.

With advances in technology, automation, and robotics, there is requirement of highly skilled workers and technicians who possess technical expertise to achieve operational excellence. In addition, skilled personnel are required to manage, maintain, troubleshoot, and repair robotic systems for smooth flow of operations. However, the absence of skilled labor in many economies increases costs & inefficiencies, which thus hinders the Food Robotics market growth. To overcome this challenge, some of the leading companies provide their existing technicians with tools &software to make their jobs efficient and accurate.

Segment Review

The food robotics market is segmented based on the type, payload, application, and geography. By type, the market can be segmented into articulated, scara, energy drinks, parallels, cylindrical, collaborative, and others. By payload, the study covers low, medium, and high categories in the report. By application, the market is analyzed into palletizing, packaging, repackaging, pick &place, processing, and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

Food Robotics market are mainly composed of Articulated, cartesian, SCARA, Parallel, cylindrical, collaborative, and others. Articulated accounts for major market share in terms of revenue and volume, followed by SCARA and Cartesian. The parallel and cylindrical segments are expected to witness significant growth rates during the forecast period.

By payload, medium segment is leading the market size, however, high payload is the fastest growing segment owing to increased advancements in technologies and improved R&D. Asia-Pacific and Europe collectively accounted for about 60.0% share of the low payload food robotics market in 2020. LAMEA and Asia-Pacific are expected to witness significant growth rates during the forecast period.

By application, palletizing segment is leading the market size; however, processing sector is the fastest growing segment during the forecast period (2022-2031). Asia-Pacific and Europe are the major regions that collectively accounted for about 55% share of the food robotics market in 2020.

The key players profiled in the report are Mitsubishi Electric Corporation, ABB Group, Rockwell Automation Incorporated, Kawasaki Heavy Industries Ltd., Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation, SeikoEpson Corporation, Staubli International AG, and Universal Robotics A/S.

Key Benefits for Stakeholders

• The report provides a quantitative analysis on food robotics market, market trends, estimations, and dynamics of the food robotics market size from 2020 to 2031to identify the prevailing opportunities.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis, the market size, and segmentation assist to determine the prevailing food robotics market opportunities.
• The major countries in each region are mapped according to their revenue contribution to the food robotics market.
• The market player positioning analysis facilitates benchmarking and provides a clear understanding of the present position of the market players in the food robotics industry.

 Food Robotics Market Report Highlights