Food Robotics Market Worth $2.02 Billion by 2028

Food Robotics Market by Type (Articulated Robots [SCARA, Six-axis Robots], Delta & Parallel Robots, Collaborative Robots, Cartesian Robots, Cylindrical Robots, Portal Robots), Payload, Application, End Use, and Geography - Global Forecast to 2028

Meticulous Research®— a leading global market research company, published a research report titled “Food Robotics Market by Type (Articulated Robots [SCARA, Six-axis Robots], Delta & Parallel Robots, Collaborative Robots, Cartesian Robots, Cylindrical Robots, Portal Robots), Payload, Application, End Use, and Geography - Global Forecast to 2028.”

The food robotics market is expected to grow at a CAGR of 11.6% from 2021 to 2028 to reach USD 2.02 billion by 2028. This market is driven by increasing food safety regulations, rising investments in robots for the food industry, growing adoption of digitalization across the F&B industry, and growing focus on efficient food packaging. Moreover, the increasing adoption of robots in emerging economies is expected to provide significant opportunities for players operating in the food robotics sector. However, the high installation cost in developing economies is expected to obstruct the growth of this market to some extent. Limited adoption of robotics in F&B SMEs is the major challenge for the food robotics market's growth, which will impact the market in the forecast period.

The food robotics market study presents historical market data in terms of value (2019 and 2020), estimated current data (2021), and forecasts for 2028. The market is segmented based on type, payload, application, end use, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on type, the food robotics market is segmented into articulated robots, delta & parallel robots, collaborative robots, cartesian robots, cylindrical robots, and portal robots. The articulated robots segment is estimated to account for the largest share of the food robotics market in 2021. The large share of this segment is mainly attributed to the high load capacity and flexibility offered by these robots, growing emphasis on controlling food contamination, and increasing demand for quality food products. However, the collaborative robots segment is expected to grow at the highest CAGR during the forecast period. The easy integration of these robots into food production lines, optimizing human work in various aspects is one of the major factors driving the growth of this segment.

Based on payload, the food robotics market is segmented into medium, low, and high payload. The medium payload segment is estimated to account for the largest share of the food robotics market in 2021. The large share of this segment is majorly attributed to the advancements in medium payload robots for industry-specific applications, such as packaging, food handling, and pick-and-place; enhancements in gripping technology; and vacuum assistance. However, the low payload segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the compact design that allows operating in the limited workspace, helping automate highly repetitive and tedious tasks. Furthermore, it reduces cycle time and increases productivity.

Based on application, the food robotics market is segmented into palletizing & depalletizing, packaging & repacking, pick-and-place, cutting & slicing, grading & sorting, butchery, quality inspection, and other applications. The palletizing & depalletizing segment is estimated to account for the largest share of the food robotics market in 2021. A robot control system with a built-in palletizing function makes it possible to load and unload an object without spending time. However, the packaging & repacking segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the high usage of packaging that speeds up cycle times and improves productivity.

Based on end use, the electric vehicles market is mainly segmented into dairy; beverages; bakery & confectionery; meat, poultry, and seafood; fruits and vegetables; oil & fats; and other end-uses. The dairy segment is estimated to account for the largest share of the food robotics market in 2021. The large share of this segment is majorly attributed to the increasing need to improve the quality and productivity of dairy products, reduce production costs, rising demand for high-quality dairy products, and various government initiatives to promote the dairy sector. However, the beverages segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the growing need to cater to consumer demand, maintain quality, consistency, and hygiene, and optimize production.

Geographically, the Asia-Pacific food robotics market is developing and expanding at a significant pace. Asia-Pacific is estimated to account for the largest market for food robotics worldwide. The major factors contributing to the region’s large market share include growing awareness regarding food hygiene and safety, increasing regulations, and growing competition in the FMCG sector.

The key players operating in the food robotics market are ABB Ltd (Switzerland), Fanuc Corporation (Japan), Yaskawa Electric Corporation (Japan), Kuka AG(Germany), Mitsubishi Electric Corporation (Japan), Kawasaki Heavy Industries, Ltd. (Japan), Universal Robots A/S (Denmark), Stäubli International AG (Switzerland), Denso Corporation (Japan), Seiko Epson Corporation (Japan), Mayekawa Mfg. Co., Ltd. (Japan), Omron Corporation (Japan), and Autonox Robotics GmbH (Germany).

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Key Questions Answered in the Report-

Which are the high growth market segments in terms of type, payload, application, end use, and geography?
What is the historical market size for the food robotics market across the globe?
What are the market forecasts and estimates for the period 2021-2028?
What are the major drivers, restraints, opportunities, and challenges in the food robotics market?
Who are the major players in the market, and what are their market shares?
Who are the major players in various countries?
How is the competitive landscape for the food robotics market?
What are the recent developments in the food robotics market?
What are the different strategies adopted by the major players in the market?
Which are the high-growth countries in the food robotics market?
Who are the local emerging players in the food robotics market, and how do they compete with other players?