Rockville , Oct. 17, 2023 (GLOBE NEWSWIRE) -- The global Food Robotics Market is estimated to be valued at US$ 2.47 billion in 2023, as per this new research report published by Fact.MR, a market research and competitive intelligence provider. The research also projects that worldwide demand for food robotics to increase at a CAGR of 12% between 2023 and 2033.
Food robotics revolves around the use of robots and automation solutions to improve various aspects of food production, processing, packaging, and distribution, providing benefits such as increased efficiency, reduced labor costs, improved food safety, and the ability to meet growing consumer demands for high-quality and consistent food products.
For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8980
Key Segments of Food Robotics Industry Research Report
| By Type | By Payload | By Application | By End Use |
|
|
|
|
Food robotic systems have a wide range of applications, including food manufacturing, processing, quality control, and robotic food delivery, and their demand is growing as a result of issues such as labor shortages and the need for more sustainable food production practices while adhering to stringent food safety requirements.
Key Takeaways from Market Study
- The global market for food robotics is estimated at a valuation of $2.47 billion in 2023.
- Food robotics sales are expected to rise at 12% CAGR between 2023 and 2033.
- The global market is projected to reach US$ 7.8 billion by the end of 2033.
- Asia Pacific and Europe together accounted for 58% share of worldwide revenue from low payload food robotics.
- Significant growth rates are predicted for the market in Asia Pacific, Latin America, the Middle East, and Africa during the forecast period (2023 to 2033).
“Food robots tackle important challenges and possibilities in the food and beverage industry by providing automation solutions that improve efficiency, safety, quality, and sustainability. They help food manufacturers respond to changing consumer expectations and market dynamics while maintaining regulatory compliance and managing labor-related constraints,” says a Fact.MR analyst.
Food Robotics Driving Much-Needed Digitization in Food Industry
Growing adoption of digitization in the food industry is significantly driving the sales of food robotic solutions. Food robotic systems are becoming key components of smart production environments as the industry undergoes digital transformation. They allow for the seamless integration of sophisticated technologies such as IoT, data analytics, and automation, assisting food manufacturers in optimizing processes, improving product quality, and increasing overall efficiency.
Food robots can easily carry out the customization and personalization of food products made available by digitization. Incorporation of AI and machine learning in digitized food production contexts has helped improve the working capacity of these robots.
Rising Preference for Packaged Food
Demand for packaged food has been on the rise due to continuously changing lifestyles, urbanization, and dietary preferences. More people are opting for easy and tasty ready-to-eat meals, snacks, and processed foods. This has increased the demand for packaged food, which places additional pressure on food manufacturers to meet production quotas efficiently and consistently.
Food robotic systems can automate a variety of packaging operations, including filling, sealing, labeling, and quality control, guaranteeing that packaged food products are produced in large quantities and with precision. Food robotic systems help minimize human touch and lower the risk of contamination during the packaging process and can improve the shelf-life and freshness of packaged foods.
| Report Attribute | Details | |
| Value Projection (2033) | USD 7.8 Billion | |
| Growth Rate (2023-2033) | 12% CAGR | |
| No. of pages | 170 Pages | |
| No. of Tables | 80 Tables | |
| No. of Figures | 219 Figures | |
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8980
Competitive Landscape
The expanding adoption of robotics in food processing and production is propelling market growth. The increasing number of significant market players is influencing competitiveness, as suppliers invest in research and development to devise innovative solutions catering to industry needs.
The realm of food robotics comprises a blend of entrenched competitors, innovative startups, and global companies specializing in automation and robotics. Distinctive features of the food robotics market include continual technological advancements, tailoring solutions to align with the food sector's requirements, and a strong focus on food safety, quality, and efficiency. With the escalating demand for automation in the food sector, competition among these entities is expected to intensify, driving further innovation and industry expansion.
- In February 2022, Mitsubishi Electric Corporation introduced a teaching-less robot system technology primarily designed for food-processing facilities. These robots conduct organizational, sorting, and similar operations at human-like speed without requiring constant supervision.
- In April 2021, Rockwell Automation Inc. established a partnership with Comau, aiming to streamline processing and lifecycle management in the food and beverages industry.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the food robotics market for 2018 to 2022 and forecast statistics for 2023 to 2033.
The study divulges essential insights into the market based on type (articulated, cartesian, scara, parallel, cylindrical, collaborative, others), application (palletizing, packaging, repackaging, pick & place, processing), payload (low, medium, heavy), and end use (beverages, meat, poultry, seafood, dairy, bakery, fruits, vegetables, confectionery, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
Checkout More Related Studies Published by Fact.MR Research:
Internet of Robotic Things Market: The global Internet of Robotic Things (IoRT) Market size was valued at US$ 34.51 billion in 2022. During the forecast period (2023 to 2033), the market is projected to expand swiftly at 26.8% CAGR and reach a value of US$ 470.5 billion by 2033-end.
Residential Robotic Vacuum Cleaner Market: The global residential robotic vacuum cleaner market size was valued at US$ 3 Billion in 2023, and is estimated to reach US$ 11.6 Billion by 2033, with a projected compound annual growth rate (CAGR) of 14.4% during the forecast period from 2023 to 2033.
Interactive Robot Market: The global interactive robot market is valued at US$ 4.7 billion in 2023 and is projected to surge ahead at a CAGR of 24% to reach a market size of US$ 38 billion by 2033-end, according to the latest market study by skilled analysts at Fact.MR.
About Us:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team : sales@factmr.com
Follow Us: LinkedIn | Twitter | Blog