The latest research report on Food Robotics Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Food Robotics Market is valued at 1.77 USD Billion in 2018 and expected to reach 3.68 USD Billion by 2025 with the CAGR of 13.02% over the forecast period.
Increase in food safety regulations and improving the productivity as well as quality in food industry are the major factors stimulating the growth of the Global Food robotics Market
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Scope of Global Food robotics Market Report–
Food robot technology refers to the field of science and focuses on the development of automated machines to efficiently perform the tedious, heavy and repetitive tasks of the food and beverage manufacturing industry. The manufacturing of these machines is intended to replace or support labor, reduce time and energy consumption, and eliminate errors in the processing of primary and secondary food. They are used to perform tasks such as palletizing, packaging, repackaging, cutting, dividing, mixing, sorting and placing food and beverages. In order to save time and space and improve cleanliness and safety, industrial robots are increasingly integrated. For food packaging involving speed, consistency or high repeatability, food robots almost always outperform humans in terms of efficiency. The robot is equipped with an intelligent vision system which allows the product to be placed on the belt very precisely. Quality is the main concern of food producers and consumers. When processing and packaging are automated, faults can be found and isolated more easily. This ensures that defective products do not enter the market and corrects potential manufacturing errors.
Global Food robotics market is segmented on the basis of type, payload, applications and region. Based on the type, the market is segmented into articulated, Cartesian, SCARA, parallel, cylindrical and collaborative. Based on payload, the market is segmented into low, medium and high. Based on application, the market is segmented into repackaging, palletizing, pick & place, packaging, and processing.
The regions covered in this Food robotics market report are North America, Europe, Asia-Pacific and Rest of the World. Based on the country level, market of Food robotics market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Food Robotics Companies
Mitsubishi Electric Corporation
Staubli International AG
Rockwell Automation Incorporated
Mayekawa Mfg. Co., Ltd.
Bastian Solutions Inc.
Kawasaki Heavy Industries Ltd.
Yaskawa Electric Corporation
Seiko Epson Corporation
Universal Robotics A/S
Global Food robotics Market Dynamics-
Increased food safety regulations are expected to boost demand for food robotics in the near future. In addition, industrial robots are expected to completely replace manual labor in near future as these robots have advantages because they can multitask, thereby increasing productivity. Changes in people’s lifestyles have led to an increase in demand for packaging and ready-to-eat food, which in turn is expected to increase demand for food robots during the forecasted period. According to Deutsche Bank analysis, Amazon collaborative robots cut operating expenses by 20% and added them to the newly opened warehouse, which can save up to US $ 22 million in costs compliance every time. Also as per International Federation of Robotics, the use of robots in manufacturing increased the annual growth rate of labor productivity and GDP by 0.36 and 0.37 percentage points, from year 1993 to 2007 which represents 10% of the total GDP growth in the 17 countries that was surveyed. However, the major restraints that is stagnating the growth are the high investment costs, the variability of the food, the lack of robots for installation, operation and maintenance and the qualified workforce required to follow standard protocols in production facilities. Significant opportunities are there in production of low cost robots and improved functionality of robots.
North America is expected to Witness a Fastest Growth in the Global Food robotics Market
The North American market as well as European region should experience significant growth. SCARA and the parallel robots are expected to grow at a significant rate over the forecast period due to a heavy demand in food & beverages industry. As per International Federation of Robotics (IFR), US manufacturing industry encountered a peak in robot density to over 200 robots per 10000 employees with food and beverages sector marking 64% of the total growth. The growing number of renowned manufacturers and the existence of a solid infrastructure are the main reasons for the growth of the North American market. Asia Pacific is going to encounter a moderate growth in food robotics market owing to rapidly increasing consumer demand for ready-to-eat products, huge investment in automation or robotics in the dairy industry and the growing demand for food automation meat processing is likely to outburst a phenomenal growth in the region. The main markets in Asia-Pacific are Japan, China, the Republic of Korea, Indonesia, Taiwan, India and other regions of Asia-Pacific. In the past 5 years, the importation of food industry robots into these countries has increased. The main factors driving the development of the food robotics market in Asia-Pacific are urbanization and the growth of consumers’ disposable income, which has led to an increase in the consumption of packaged food in the region.
Key Benefits for Global Food robotics Market Report–
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Food Robotics Market Segmentation:–
By type: Articulated, Cartesian, SCARA, Parallel, Cylindrical, Collaborative
By payload: Low, Medium, High
By application: Repackaging, Palletizing, Packaging, Pick & Place, Processing
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Table of Content
1 Study Coverage
1.1 Food Robotics Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Food Robotics Market Size
2.2 Food Robotics Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for Food Robotics Markets & Products
3 Market Size by Manufacturers
3.1 Food Robotics Production by Manufacturers
3.2 Food Robotics Revenue by Manufacturers
3.3 Food Robotics Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Food Robotics Production by Regions
4.1 Global Food Robotics Production by Regions
4.2 North America
5 Food Robotics Consumption by Regions
5.1 Global Food Robotics Consumption by Regions
5.2 North America
5.4 Asia Pacific
5.5 Central & South America
5.6 Middle East and Africa
6 Market Size by Type
6.1 Global Food Robotics Production by Type
6.2 Global Food Robotics Revenue by Type
6.3 Food Robotics Price by Type
7 Market Size by Application
7.2 Global Food Robotics Breakdown Dada by Application
7.2.1 Global Food Robotics Consumption by Application
7.2.2 Global Food Robotics Consumption Market Share by Application (2014-2020)
Full Research Report @ https://industrystatsreport.com/Food-and-Beverages/Food-Robotics-Market-Size/Summary
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