Food Robotics Market Analysis and Forecast by Type,

Dublin, Dec. 05, 2024 (GLOBE NEWSWIRE) — The “Food Robotics Market Report by Type, Payload, Application, and Region 2024-2032” report has been added to ResearchAndMarkets.com’s offering.

The global food robotics market size reached US$ 2.5 billion in 2023. Looking forward, the market is projected to reach US$ 5.9 billion by 2032, exhibiting a growth rate (CAGR) of 10.01% during 2023-2032. The market is growing rapidly driven by labor shortages, technological advancements, the increasing demand for processed foods, the imposition of stringent food safety regulations, and rising consumer expectations for quality and variety in food products.

This report provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. The report has categorized the market based on type, payload, and application.

Food Robotics Market Analysis:

• Market Growth and Size: The market is witnessing stable growth, driven by the increasing automation in the food industry, evolving technological capabilities, and rising adoption of robotics to enhance efficiency and productivity.
• Major Market Drivers: Key drivers influencing the market growth include labor shortages, rising labor costs, growing demand for processed foods, stringent food safety regulations, and the ongoing push for efficiency, consistency, and quality in food production.
• Technological Advancements: Recent innovations in artificial intelligence (AI), machine learning (ML), and sensor technology are revolutionizing food robotics, enabling more complex tasks with greater precision. Furthermore, the development of collaborative robots (cobots) that work alongside humans is supporting the market growth.
• Industry Applications: The market is experiencing high product demand in packaging, repackaging, palletizing, picking, and processing, to improve speed, accuracy, and hygiene.
• Key Market Trends: The key market trends involve the ongoing shift towards versatile, multi-functional robots capable of handling various tasks. Additionally, the increasing focus on robots that can ensure food safety and compliance with regulatory standards, is bolstering the market growth.
• Geographical Trends: Europe leads the market due to its advanced technological infrastructure, high labor costs, and strict food safety regulations. Other regions are also showing significant growth, fueled by technological adoption and changing food consumption patterns.
• Competitive Landscape: The market is characterized by the active involvement of key players that are engaged in strategic partnerships, research and development (R&D) projects, and expansion into new markets. Furthermore, companies are focusing on innovation and broadening their product range to cater to different segments of the food industry.
• Challenges and Opportunities: The market faces various challenges, such as high initial investment costs and the need for skilled personnel to operate and maintain robotic systems. However, the development of cost-effective and user-friendly robots and their rapid adoption to meet the evolving demands of the food industry is creating new opportunities for the market growth.

Food Robotics Industry Segmentation

Breakup by Type:

• SCARA
• Articulated
• Parallel
• Cylindrical
• Others

Articulated food robotics account for the majority of the market share.

Breakup by Payload:

Medium payload holds the largest share in the industry.

Breakup by Application:

• Packaging
• Repackaging
• Palletizing
• Picking
• Processing
• Others

Palletizing represents the leading market segment.

Breakup by Region:

• North America
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
• Middle East and Africa

Europe leads the market, accounting for the largest food robotics market share.

Leading Key Players in the Food Robotics Industry

Key players are actively engaging in a range of strategic initiatives to strengthen their market position and respond to the evolving industry demands. They are heavily investing in research and development (R&D) to innovate and improve robotics technology, focusing on enhanced precision, speed, and versatility in food processing. Furthermore, leading companies are developing more sophisticated robots equipped with advanced sensors, artificial intelligence (AI), and machine learning (ML) capabilities, enabling more complex and delicate tasks like sorting, picking, and packaging of various food items.

In addition, they are collaborating and partnering with technology providers and food processing companies to integrate cutting-edge technology into practical applications within the food industry. Additionally, several players are expanding their global presence by entering new markets and establishing state-of-the-art manufacturing and distribution facilities.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

• ABB Ltd.
• Bastian Solutions LLC (Toyota Industries Corporation)
• Denso Corporation
• Fanuc Corporation
• Kawasaki Heavy Industries Ltd.
• Kuka AG (Midea Group Co. Ltd.)
• Mitsubishi Electric Corporation
• Rockwell Automation Inc.
• Seiko Epson Corporation
• Staubli International AG
• Universal Robots A/S (Teradyne Inc.)
• Yaskawa Electric Corporation

(Please note that this is only a partial list of the key players, and the complete list is provided in the report)

Key Questions Answered in This Report:

1. What was the size of the global food robotics market in 2023?
2. What is the expected growth rate of the global food robotics market during 2024-2032?
3. What are the key factors driving the global food robotics market?
4. What has been the impact of COVID-19 on the global food robotics market?
5. What is the breakup of the global food robotics market based on the type?
6. What is the breakup of the global food robotics market based on the payload?
7. What is the breakup of the global food robotics market based on the application?
8. What are the key regions in the global food robotics market?
9. Who are the key players/companies in the global food robotics market?

Key Attributes

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