Food Robotics Market

Market Synopsis:

The Global Food Robotics Market is valued at USD 2072.25 Million in the year 2022 and is projected to reach a value of USD 5316.95 Million by the year 2030. The Global Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.50% over the forecast period.

Food Robotics are becoming increasingly popular as the world's population grows and there is a greater need for increased productivity in food processing. The adoption of automated technologies in the food and beverage sector, as well as rising demand for high-quality and ready-to-eat food, are driving the Food Robotics market. Food protection and preservation are aided by automated food packaging, which reduces the likelihood of contamination due to human contact and environmental factors. With raw material costs rising and retailer pressure increasing, packaging robots are becoming more appealing options.

With technological advancements, automation, and robotics, there is a greater need for highly skilled workers and technicians with technical expertise to achieve operational excellence. Furthermore, skilled personnel are required to manage, maintain, troubleshoot, and repair robotic systems in order for operations to run smoothly. However, the lack of skilled labour in many economies raises costs and inefficiencies, impeding the growth of the Food Robotics market. To address this issue, some of the industry's leading companies equip their existing technicians with tools and software to make their jobs more efficient and accurate.

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Market Segmentation:

The Food Robotics market is segmented on the basis of Type, Payload, Function and Application. Based on Type, the market has been segmented into Articulated, Cartesian, Scara, Parallel, Cylindrical, Collaborative and Other types (Dual arm robots and spherical robots). Based on Payload, the market has been segmented into High, Medium and Low. Based on Function, the market has been segmented into Palletizing, Packaging, Repackaging, Picking, Processing and Other functions (Grading, sorting & defect removal). Based on Application, the market has been segmented into Meat, poultry, and seafood, Processed food, Dairy products, Fruits & vegetables, Beverage, Bakery & confectionery products and other applications (Convenience food & infant food).

Based on Type:

Based on Type, the market has been segmented into Articulated, Cartesian, Scara, Parallel, Cylindrical, Collaborative and Other types (Dual arm robots and spherical robots). During the forecast period, the collaborative robot’s segment is expected to grow at the fastest Compound Annual Growth Rate (CAGR). The rapid growth of this segment can be attributed to a growing awareness of the role of working in humid greenhouses, from refrigerated rooms to tending hot ovens, relieving employees of repetitive tasks that can cause injury in unfavorable environments. Collaborative robots are being adopted by businesses all over the world as a result of rapid technological advancements and lower costs.

Based on Application:

Based on Application, the market has been segmented into Meat, poultry, and seafood, processed food, Dairy products, Fruits & vegetables, Beverage, Bakery & confectionery products and other applications (Convenience food & infant food). During the forecast period, the beverages segment is expected to grow at the fastest Compound Annual Growth Rate (CAGR). The high growth of this segment can be attributed to the growing need to meet consumer demand, maintain quality, consistency, and hygiene, and optimize production. As food and beverage operators demand greater precision and safety from their manufacturing operations, various robotic companies continue to develop cutting-edge solutions that reduce waste, increase profit, and improve food supply safety. Robots provide precise monitoring to ensure that the machines' performance parameters are met, allowing for greater control over the quality of the beverages.

North America is expected to acquire the largest market share during the year 2021:

The North American market is expected to grow significantly with a market share of 41.70% during the forecast period, as the region's high demand for packaged food contributes to the growth of the Food Robotics market. Government regulations and rising labour costs have prompted the adoption of robotics and automation systems in the region's food production. Urban lifestyle changes, rising disposable income, the growing tendency of nuclear families, and modern retail trade are driving the food packaging business. As a result, global demand for packaged food has surged, creating attractive market potential for the food robots industry. Many market players use robots in their sorting and packaging processes. Robot Systems, based in the United States, has created robotic palletizing and depalletizing systems. The articulating robot arms provide versatility and flexibility. The robot can switch between cartons, palletizing bags, pouches, drums, kegs, and barrels using automatic tool changers.