Food Robotics Market was valued at $2,047.3 million in 2020 and to reach $5,787.9 million by 2031

Rise in robotics applications in automotive, electrical & electronics, metal, chemical & plastics, and food sectors and surge in food safety regulations have boosted the global food robotics market.

The market across Asia-Pacific held the largest share in 2020, accounting for nearly half of the market. The Covid-19 pandemic affected the consumption pattern of food & beverage products owing to closure of restaurants and reduced workforce.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/2363

the global food robotics market was pegged at $2.04 billion in 2020, and is expected to reach $5.78 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031.

Rise in robotics applications in automotive, electrical & electronics, metal, chemical & plastics, and food sectors and surge in food safety regulations have boosted the global food robotics market. However, lack of expertise hampers the market growth. On the contrary, surge in technological advancements and increase in demand for packaged food would open new opportunities in the future.

Covid-19 scenario:

The Covid-19 pandemic affected the consumption pattern of food & beverage products, owing to closure of restaurants and reduced workforce.
The restrictions on import-export, transportation, and social distancing norms hampered the demand for food robotics.
However, as the world is slowly recovering from the pandemic, the market is expected to get back on track.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2363

The report segments the global food robotics market on the basis of type, payload, application, and region.

Based on type, the articulated segment held the largest share in 2020, accounting for more than two-fifths of the market. However, the SCARA segment is expected to manifest the highest CAGR of 11.9% from 2022 to 2031.

On the basis of application, the palletizing segment dominated the market in terms of revenue in 2020, contributing to around two-fifths of the market. However, the processing segment is expected to register the highest CAGR of 12.2% during the forecast period.

Buy Now and Get Discount: https://www.alliedmarketresearch.com/checkout-final/2e26ed7337cfefe946339435695441ce

The global food robotics market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2020, accounting for nearly half of the market. However, the market across LAMEA is expected to register the highest CAGR of 11.8% during the forecast period.

The global food robotics market includes an in-depth analysis of the prime market players such as Mitsubishi Electric Corporation, Rockwell Automation Incorporated, ABB Group, Kuka AG, Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, Fanuc Corporation, Staubli International AG, SeikoEpson Corporation, and Universal Robotics A/S.

Access Full Summary: https://www.alliedmarketresearch.com/food-robotics-market

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Market Pulse: https://blog.alliedmarketresearch.com/
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.