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Food Robotics Market Trend to Reflect Tremendous Growth Potential With A Highest CAGR by 2031

05-04-2023 05:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Food Robotics Market

Food Robotics Market

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 food robotics market was valued at $2,047.3 million in 2020 and is projected to reach $5,787.9 million by 2031, growing at a CAGR of 10.4% from 2022 to 2031. Asia-Pacific is one of the prominent regions for food robotics worldwide.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—ง๐—ต๐—ฒ ๐…๐ซ๐ž๐ž ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฃ๐——๐—™ ๐—ข๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.alliedmarketresearch.com/request-sample/2363

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.

๐‘ป๐’๐’‘ ๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

The key players profiled in the report are Mitsubishi Electric Corporation, ABB Group, Rockwell Automation Incorporated, Kawasaki Heavy Industries Ltd., Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation, Seiko Epson Corporation, Staubli International AG, and Universal Robotics A/S.

๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (235 ๐๐š๐ ๐ž๐ฌ ๐๐ƒ๐… ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐‚๐ก๐š๐ซ๐ญ๐ฌ, ๐“๐š๐›๐ฅ๐ž๐ฌ, ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ): https://www.alliedmarketresearch.com/checkout-final/d76b2b86e0c0696cd4a84bfe60f74cc3

The palletizing application segment is projected to remain dominant in the global food robotics market during the analysis period. In 2020, palletizing and processing application segments collectively accounted for approximately half share in the global food robotics market. The processing application segment is anticipated to register at the highest CAGR, owing to surge in demand in meat processing industry.

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.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/2363

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

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.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ :

Food Packaging Equipment Market - https://www.alliedmarketresearch.com/food-packaging-equipment-market

Milk Packaging Market - https://www.alliedmarketresearch.com/milk-packaging-market

Meat Processing Equipment Market - https://www.alliedmarketresearch.com/meat-processing-equipment-market

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

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.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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.

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