DUBLIN--(BUSINESS WIRE)--The "Food Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global food robotics market reached a value of US$ 1.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 3.9 Billion by 2027, exhibiting a CAGR of 12.73% during 2021-2027.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Food robots carry out complex manufacturing processes, such as dispensing, feed placement, packaging and casing, pick-and-placing products into containers, sorting raw material, and labeling packages. They help perform repetitive and tedious production tasks at high speed in extreme conditions like high temperatures.
They also save space and time, lower production costs, improves the cleanliness, safety, and efficiency of manufacturing processes. As a result, leading players in the food and beverage (F&B) industry worldwide are automating the food production process using food robotics technology to mass-produce products with high precision and yields.
The lack of skilled and low-cost labor represents one of the significant factors augmenting the growth of the market across the globe. With the integration of big data and artificial intelligence (AI), various advancements in robotic technology are being made that allow quick, gentle handling of sensitive food products like biscuits, frozen pizzas, and fruit and vegetables. Robots deployed in the F&B sector can also create custom designs and complex patterns on cakes or other bakery items.
Apart from this, these robots are gaining traction in high-end restaurants and luxury hotels for efficient order picking and packaging. Once an online order is placed, they detect the location of the specific product, package aptly, and provide the customer with real-time information about delivery status. Furthermore, prominent market players are innovating food robotics for performing industrial tasks.
As a result, they are integrating intelligent vision systems that can sort products based on color, shape, and size on a conveyor belt with accuracy. Moreover, due to the coronavirus disease (COVID-19) outbreak and implementation of complete lockdown in numerous countries, most of the F&B manufacturing facilities experienced a shortage of workers. This, along with the need for the adoption of social distancing measures and surging demand for packaged food products, is propelling the growth of the market.
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Food Robotics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
7 Market Breakup by Payload
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/b8m3c1
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