Trends And Projections In The Food Robotics Market

By Author: sonal
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According to the "Food Robotics Market by Type (Articulated, Cartesian, SCARA, Parallel, Collaborative, Cylindrical), Payload (Heavy, Medium, Low), Function (Palletizing, Packaging, Repackaging, Picking, Processing), Application, and Region - Trends & Forecast to 2026" report by MarketsandMarkets, the global food robotics market is estimated at USD 1.9 billion in 2020, with a projected reach of USD 4.0 billion by 2026, showcasing a CAGR of 13.1% during the forecast period.

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The increasing demand for efficient food processing and packaging solutions, propelled by the need to meet the growing population's food demands, is driving the expansion of the food robotics market. Automation's growing role within the food industry is further poised to unlock promising opportunities for market growth.

The report presents a comprehensive analysis of the food robotics market, encompassing 214 market data tables and 65 ...
... figures, elaborated across 256 pages, with a detailed table of contents available.

The beverage application segment is expected to witness substantial growth during the forecast period. The demand for robotics in the packaging and repackaging functions within the beverage sector is identified as a significant driver of growth in the food robotics market. Additionally, the rise in the consumption of packaged beverages contributes to the demand for advanced food robotics systems in the beverage industry.

In 2020, the European region emerged as the dominant force in the food robotics market. The market's growth in Europe is attributed to robust investments in research and development, especially in technological advancements, alongside an increasing preference for high-quality, ready-to-cook, and packaged food products. The European Robotics Association's active involvement in monitoring EU activities and policies related to the adoption of new robotic technologies is expected to further fuel the adoption of food robotics across the region.

The report also offers insights into the marketing and development strategies, as well as the product portfolios of leading companies in the food robotics market. Some of the prominent companies profiled include ABB Group (Switzerland), KUKA AG (Germany), Fanuc Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Yasakawa Electric Corporation (Japan), Denso Corporation (Japan), Nachi-Fujikoshi Corporation (Japan), OMRON Corporation (Japan), Universal Robots A/S (Denmark), Staubli International AG (Switzerland), Bastian Solutions LLC (U.S.), Schunk GmbH (Germany), Asic Robotics AG (Switzerland), Mayekawa Mfg. Co. Ltd. (Japan), Apex Automation & Robotics (Australia), Aurotek Corporation (Taiwan), Ellison Technologies Inc. (U.S.), Fuji Robotics (Japan), and Moley Robotics (U.K.).