Food Robotics Market New Challenges, Growth Demand, Size Worth $ 5,787.9 Million By 2031

Food Robotics Market

Increase in the food safety regulations is anticipated to drive the demand for food robotics in the near future.

PORTLAND, OR, US, November 21, 2023 /EINPresswire.com/ -- Rise in robotics applications in automotive, electrical & electronics, metal, chemical & plastics, and food sectors and surge in food safety regulations have boosted the global Food Robotics Market. However, lack of expertise hampers the market growth. On the contrary, surge in technological advancements and increase in demand for packaged food would open new opportunities in the future.

𝐆𝐞𝐭 𝐢𝐧𝐬𝐢𝐝𝐞 𝐬𝐜𝐨𝐨𝐩 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐬𝐚𝐦𝐩𝐥𝐞 : https://www.alliedmarketresearch.com/request-sample/2363

The food robotics market was valued at $2,047.3 million in 2020 and is projected to reach $5,787.9 million by 2031, growing at a CAGR of 10.4% from 2022 to 2031. Asia-Pacific is one of the prominent regions for food robotics worldwide.

The palletizing application segment is projected to remain dominant in the global food robotics market during the analysis period. In 2020, palletizing and processing application segments collectively accounted for approximately half share in the global food robotics market. The processing application segment is anticipated to register at the highest CAGR, owing to surge in demand in meat processing industry.

Rise in demand for food robotics services in Asia-Pacific and LAMEA is expected in the near future, owing to the increase in industrialization and innovation in the automation adopted by the manufacturers in this region. Reduced operating costs and labor cost is anticipated to boost the demand for robotics in food & beverage industry.

𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

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, Seiko Epson Corporation, Staubli International AG, and Universal Robotics A/S.

𝐓𝐨 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/a2b05aa5e828f192276610ee43862a0c

The market is segmented based on type, payload, application, and geography. Based on type, the market is divided into articulated, cartesian, SCARA, parallel, cylindrical, collaborative, and others. On the basis of payload, it is classified into low, medium, and high. The application areas of the food Robotics industry are broadly classified into palletizing, packaging, repackaging, pick & place, processing, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global food robotics market till 2031.

On the basis of application, the palletizing segment dominated the market in terms of revenue in 2020, contributing to around two-fifths of the market. However, the processing segment is expected to register the highest CAGR of 12.2% during the forecast period.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞 : https://www.alliedmarketresearch.com/purchase-enquiry/2363

Increase in the food safety regulations is anticipated to drive the demand for food robotics in the near future. In addition, it is expected that manual labor can be completely replaced with industrial robots. These robots are advantageous as they can perform multiple tasks at the same time, leading to improved productivity. The changes in lifestyle of people have resulted in surge in demand for packaged and ready-to-eat food products, which in turn is anticipated to boost the demand for food robotics during the analysis period.

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲

By type, the Food Robotics market size of articulated segment remained the dominant segment in the year 2020, and is expected to maintain the market share in the coming years.

Articulated segment account for nearly 42% by revenue, followed by SCARA and Cartesian.

By payload, high category is the fastest growing segment during the forecast period.

By application, palletizing category is the leading category in the market however; processing segment is anticipated to grow with the highest CAGR during the forecast period.

By region, Asia-Pacific led in terms of the global food robotics market share in 2020, and is expected to retain its dominance during the forecast period.

𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗶𝗻 𝗙𝗼𝗼𝗱 𝗮𝗻𝗱 𝗕𝗲𝘃𝗲𝗿𝗮𝗴𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆

Meat Processing Equipment Market - https://www.prnewswire.com/news-releases/meat-processing-equipment-market-size-to-target-19-6-billion-by-2031--allied-market-research-301790550.html

Portable Food Safety Detectors Market - https://www.globenewswire.com/en/news-release/2023/04/04/2640912/0/en/Portable-Food-Safety-Detectors-Market-Size-to-Generate-11-8-Billion-by-2031-Allied-Market-Research.html

GMO Testing Market - https://www.prnewswire.com/news-releases/gmo-testing-market-size-to-gather-6-2-billion-by-2031-report-by-allied-market-research-301986940.html

Food Extrusion Market - https://www.einpresswire.com/article/633996896/food-extrusion-market-growth-2023-to-2032-global-industry-size-recent-trends-demand-and-share-analysis

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

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