According to IMARC Group latest report titled” Food Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on global food robotics industry report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market exhibited strong growth during 2015-2020. The global food robotics market to grow at a CAGR of around 12% during 2021-2026.
Food robots carry out various complex manufacturing processes, such as dispensing, packaging, casing, sorting raw materials, feed placement, pick-and-placing products into containers, etc. They assist in performing repetitive and tedious production tasks in extreme conditions at high speed. Food robots save space and time, lower production costs, improve the efficiency and safety of the manufacturing processes, etc. Consequently, key market players in the food and beverage (F&B) industry are automating the food production process using food robotics technology to mass-produce products with high yields and precision.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The escalating demand for packaged items is primarily driving the food robotics market. Additionally, the sudden outbreak of the COVID-19 pandemic and the implementation of complete lockdowns across countries are leading to a shortage of skilled workers. This, along with the inflating need for social distancing measures, is further stimulating the market growth. Moreover, the growing advancements in robotic technology that allow quick and gentle handling of sensitive food products, such as biscuits, frozen pizzas, fruits, vegetables, etc., are acting as significant growth-inducing factors. Besides this, the increasing popularity of these devices in high-end restaurants and luxury hotels for efficient order picking and packaging is also positively influencing the global market. Furthermore, several leading manufacturers are incorporating smart vision systems to sort products based on shape, color, size, etc., on a conveyor belt with enhanced accuracy, which is anticipated to fuel the food robotics market over the forecasted period.
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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:
- SCARA
- Articulated
- Parallel
- Cylindrical
- Others
Breakup by Payload:
- Low
- Medium
- Heavy
Breakup by Application:
- Packaging
- Repackaging
- Palletizing
- Picking
- Processing
- Others
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 (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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