Global Food Robotics Market Overview:
Robotics and automation in food processing and packaging are one of the many possible paths available to reduce the introduction food contamination leading to various diseases. Food robotics are robots used in food industry for various purposes such as palletizing, picking & placing things, packaging food products, repackaging, processing, etc. It has a technology that is incorporated with programmed commands and information to operate a given process with greater accuracy, and in less time than humans without any assistance or interference. The advantages bestowed by this technology include higher efficiency in food production and processing, increased production efficiency, and consistent quality of products. Further, Owing to the high demand for packaged food in economies such as Japan and China and increasing food shelf-life leading to increased adoption of robotic systems are some of the factors driving the Food robotics market.
As per latest study released by AMA Research, the Global Food Robotics market is expected to see growth rate of 14.0%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Demand For Packaged Food by Consumers and Advanced Efficiency in Food Processing and Production Using New Technologies
Market Growth Drivers:
Increasing Food and Safety Regulations, Growing Manufacturing Efficiency, Rising Production of Low-cost Robots and Demand for Automation in Ready Food Stuff and Meat Processing
Challenges:
Manufacturing Advanced Robotic Systems Specific to the Processing Line Requirement and Variable Nature of Food Products
Restraints:
Lack of Skilled Professionals in Developing Countries and High Cost Factor Involved in Operating Robotic Systems
Opportunities:
Increasing Investment For Automation or Robotics and Adoption of Robotic Systems in Various Food Sectors Such as Dairy And Dairy Products, Meat Processing, and Prepared Foods
Competitive Landscape:
The market is fragmented with many players who are involved in the automation and robotics market. The market is expected to witness a rising demand for robotics solutions during the forecast years, due to the growing technological advancements. Players operating in the food robotics market are introducing new technologies with varied product portfolios and also developing supply chain networks in order to sell their products in the market. As a result of this, there is an upsurge in the trend of growing production of low-cost robots and demand for bringing down production cost. This, in turn, is expected to drive the adoption rate of food robotics.
Some of the key players profiled in the report are Mitsubishi Electric Corporation (Japan), ABB Group (Switzerland), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Incorporated (United States), FANUC Corporation (Japan), KUKA AG (Germany), Seiko Epson Corporation (Japan), Yaskawa Electric Corporation (Japan) and Staubli International Corporation (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like Mayekawa Mfg. Co., Ltd. (Japan), Universal Robots A/S (Denmark), Bastian Solutions Inc. (United States), Omron Adept Technology, Inc.(United States), Sodexo, Inc.(France), Starship Technologies (United States) and Moley Robotics (United Kingdom). Analyst at AMA Research see Japan Players to retain maximum share of Global Food Robotics market by 2030. Considering Market by End users, the sub-segment i.e. Beverages will boost the Food Robotics market. Considering Market by Pay Load, the sub-segment i.e. Low Type (<10 Kg) will boost the Food Robotics market.
Latest Market Insights:
On October 26, 2023, Miso Robotics acquires fellow food robotics company, CtrlShift This merger combines their technologies for automated pizza and burger preparation, aiming to bolster market presence and accelerate product development.
On December 6, 2023, Bear Robotics launches "Servi" semi-autonomous delivery robot This robot navigates restaurants and delivers food to tables, assisting wait staff.
The Food and Drug Administration has strict regulations that require sanitization, often using caustic chemicals, of any surface that comes into contact with food. An international standard for washdown, IP67, defines the specific sanitary conditions that make equipment handling meat and poultry food-safe. and The use of special food-safe lubricants is also required. Robots used in the food industry must meet these requirements, often at a high cost to the companies that develop them.
What Can be Explored with the Food Robotics Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Food Robotics Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Food Robotics
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Food Robotics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Food Robotics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Food Robotics Manufacturers, Food Industry, Potential Investors, Downstream Vendors, Industry Association and Government and Regulatory Agencies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.