The global food robotics market is anticipated to reach USD 3.35 billion by 2025,
according to a new report by Grand View Research, Inc. The growing demand for
packaged food, need for automation, increasing food safety regulations, and
high labor costs are expected to drive the food robotics market.
The industry has witnessed increasing
investments in R&D activities, since the past few years, for the
development of technologically-advanced robotics and automated systems. The
increasing labor costs are driving the packaged food producers toward the
adoption of automation systems. The application segments of the market include
palletizing, packaging, repackaging, picking, and processing.
The packaging segment is presumed to hold
the highest growth rate over the forecast years. The market is witnessing
increasing use of packaging automation solutions in food industries. The
advantages bestowed by the technology include higher efficiency in food
production and processing, increased production efficiency, and consistent
quality of products.
The key market participants IN the food
robotics market are ABB Group,Kawasaki Heavy Industries Ltd., Fanuc
Corporation, Yaskawa Electric Corporation, and others. The vendors in the
robotics and automation market are likely to witness increased demand for robotics
solutions over the forecast years, owing to the increasing technological
advancements.
Further key findings from the study suggest:
· The SCARA segment is presumed to be the
fastest-growing segment with a CAGR of 15.5% over the forecast period
· Medium payload capacity robots are
predicted to largely contribute to the market growth as they facilitate
increase in performance and efficiency
· Asia Pacific is expected to be the
fastest-growing region, owing to the high demand for packaged food in economies
such as Japan and China
· The major players in the food robotics
market are BB Group, Kawasaki Heavy Industries Ltd., Fanuc Corporation, and
Yaskawa Electric Corporation
Grand View Research has segmented the
global food robotics market based on types of robots, payload, applications,
and regions:
Types of Robots outlook (Revenue, USD
Million; 2014 - 2025)
·
Articulated
·
Parallel
·
SCARA
·
Cylindrical
·
Other
Payload outlook (Revenue, USD Million; 2014
- 2025)
·
Low
·
Medium
·
Heavy
Application outlook (Revenue, USD Million;
2014 - 2025)
·
Packaging
·
Repackaging
·
Palletizing
·
Picking
·
Processing
·
Other
Regional Outlook (Revenue, USD Million;
2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
Italy
·
Asia Pacific
o
Japan
o
China
o
Republic of Korea
·
Rest of the World
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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