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Food Robotics Market Size, Product Trends, Key Drivers, Share Analysis And Forecast To 2033

Food Robotics Market Size, Product Trends, Key Drivers, Share Analysis And Forecast To 2033

 

 
The food robotics market size has grown rapidly in recent years. It will grow from $2.28 billion in 2023 to $2.58 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to labor shortages, increasing consumer demand, stringent food safety regulations, rising production costs, globalization of the food supply chain.

The food robotics market size is expected to see rapid growth in the next few years. It will grow to $4.03 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to integration of artificial intelligence (ai), e-commerce and direct-to-consumer trends, expansion of robotics in food service, focus on hygienic design, customization and personalization. Major trends in the forecast period include collaborative robotics (cobots), rapid technological advancements, advancements in robotics technology, blockchain integration for transparency, sustainability-driven innovations.

Market Overview -
Food robotics refers to the use of robots for processing food and automating various stages of food production like packing and palletizing. The use of robots in food processing processes is more effective, efficient, and sanitary than using human labor.

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Surging Consumption Of Processed Food Fuels Growth In The Food Robotics Market As Automation Takes Center Stage In Food Processing
Growth in consumption of processed food is significantly contributing to the growth of the food robotics market. Processed food refers to foods that are treated or changed during preparation to preserve them. Food robots are used in food processing to automate various steps and to maintain the sanitation of the food processing premises to meet sanitation requirements. For instance, in March 2022, according to a report published by the Australian Bureau of Statistics, an Australia-based Independent statutory body of the Australian Government in charge of gathering and analyzing statistics, during 2020-2021, 14.7 million tons of non-alcoholic beverages and food was consumed in Australia, an increase of 1.4% from 2019-2020 and 4.9% from 2018-2019. Therefore, the growing consumption of processed food will drive the food robotics market going forward.

Competitive Landscape -
Major companies operating in the food robotics market report are Mitsubishi Electric Corporation, Midea Group, Denso Corporation, ABB Group, Flexicell Inc., Kawasaki Heavy Industries Ltd., Rockwell Automation Inc., OMRON Corporation, Swisslog Holding AG, Fanuc Corporation, Yasakawa Electric Corporation, KUKA AG, Nachi-Fujikoshi Corporation, Staubli International AG, Bastian Solutions LLC., Schunk GmbH, Universal Robots AS, Omron Adept Technologies, Epson India Pvt Ltd., Mayekawa Mfg. Co. Ltd., Fetch Robotics Inc., Aethon Inc., Picnic Technologies B.V., Zume Inc., IAM Robotics, Xook, Blendid, RightHand Robotics Inc., Asic Robotics AG, Bobacino

Chef Robotics Launches Ai-Enabled Robotic Solution In The Food Robotics Market
Product innovation is the key trend gaining popularity in the food robotics market. Major companies operating in the food robotics market are focusing on developing new ways of integrating robotics into the production of food for meeting stringent sanitation regulations and increasing productivity. For instance, in July 2023, Chef Robotics, a US-based company that specializes in the development of flexible robotics and machine learning solutions for the food industry launched AI-enabled Robotic Solution. Unlike traditional depositors, Chef emulates the adaptability of human pick-and-place motions. Chef Systems utilize AI to identify optimal picking points within a pan of food and the location of containers. With this AI capability and interchangeable utensils, Chef achieves human-like flexibility: it can pick a wide range of ""scoopable"" ingredients, maintain consistency similar to a person, handle various portion sizes, place components precisely anywhere on the tray, adapt to almost all tray types, and operate with nearly all conveyors. In essence, Chef offers a system that is on par with human capabilities.

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Key Segments -
The food robotics market covered in this report is segmented -
1) By Type: Articulated, Cartesian, Scara, Parallel, Cylindrical, Collaborative, Other Types
2) By Payload: Low, Medium, High
3) By Application: Palletizing, Packaging, Repackaging, Pick And Place, Processing, Other Applications
4) By End User: Beverages, Meat, Poultry, Seafood, Dairy, Bakery, Fruits and Vegetables, Confectionery, Other End Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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