(Food-Beverage-News.Com, January 16, 2020 ) The flexibility, adaptability, and repeatability of the robots has highly influenced the food and beverage industry to adopt robots for various applications including palletizing, pick and place, processing, and packaging. The rising demand for processed food and advanced food packaging, and the growing technological advancement among food manufacturers intensifies the growth of global food robotics market
Meticulous Research® in its latest publication on food robotics market states that the global Food Robotics Market will increase at a CAGR of 12.7% from 2019 to 2025 to reach $3,107.4 million by 2025.
Growth of the global food robotics market is mainly attributed to increasing food safety regulations, rising demand for advanced food packaging, growing demand to improve productivity, increasing production of low-cost robots, increase in investments for automated solutions in food industry, and growing demand for reducing production cost. In addition, growing demand for robotic automation in emerging economies and entry of new players leading to the emergence of advanced robotic technologies provides significant opportunities to the manufacturers in the global food robotics market.
To provide efficient analysis, Meticulous Research® has segmented this market on the basis of type (articulated, parallel, cartesian, delta, collaborative, cylindrical, and portal robots), payload (medium, high, and low), application (palletizing and depalletizing, packaging and repackaging, pick and place, cutting and slicing, processing, logistics, quality inspection, and others), industry verticals (dairy and dairy products; meat, fish, and poultry; bakery and confectionary; prepared foods; brewery and beverage; and frozen and chilled foods) and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
Wherein, geographically, Europe is estimated to command the largest share of this market, followed by North America, in 2019. The major share of Europe is mainly attributed to the high penetration of robotic systems in European dairy industry, limited availability of labor, increasing food safety regulations, and rising demand for packaged foods.
While in terms of industry verticals, dairy and dairy products segment is estimated to account for the largest share in the global food robotics market in 2019. The large share of this segment is mainly attributed to increasing need to improve quality and productivity, growing number of dairy units, and rising government initiatives.
The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players operating in the global food robotics market including Staubli International AG (Switzerland), Rockwell Automation, Inc. (U.S.), Yaskawa Electric Corporation (Japan), Epson America Inc. (U.S.), MAYEKAWA MFG. CO., LTD. (Japan), Bastian Solutions, Inc. (U.S.), Kuka AG (Germany), Flexicell, Inc. (U.S.), Fanuc Corporation (U.S.), Kawasaki Heavy Industries Ltd. (Japan), Universal Robotics A/S (Denmark), Mitsubishi Electric Corporation (Japan), and ABB Group (Switzerland), among others.