Food Robotics Market to Worth US$ 5.9 Billion by 2032 | With a 9.8% CAGR - IMARC Group

According to IMARC Group latest report titled "Food Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on food robotics market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global food robotics market size reached US$ 2.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2032, exhibiting a growth rate (CAGR) of 9.8% during 2024-2032.

Request to Get the Sample Report: https://www.imarcgroup.com/food-robotics-market/requestsample

Food robotics involves the application of robotic technology to perform complex tasks in food processing and handling. These robots are designed with features like precision, efficiency, and hygiene in mind, making them well-suited for the food industry. Their working mechanism includes automated systems for sorting, packaging, and handling food products. Properties of food robotics include high-speed operations, adaptability to different tasks, and reduced risk of contamination. The advantages of using robotics in the food industry include increased production speed, consistent product quality, improved safety standards, and reduced labor costs.

Market Trends:

The global market is majorly driven by the escalating demand for automation in food processing and packaging. This trend is underpinned by the need for enhanced efficiency and productivity in food manufacturing. Additionally, the growing focus on food safety and hygiene standards is propelling the adoption of robotic solutions. The market is further bolstered by the increasing labor costs and shortage of skilled labor in the food industry. Advances in robotic technology, including AI and machine learning, are enabling more sophisticated and versatile food handling solutions, thereby fueling market growth.

Additionally, the rise in consumer demand for processed and packaged foods is augmenting the need for robotics in food operations. The market is also benefiting from the integration of IoT and smart technologies in food processing, enhancing operational efficiency. Furthermore, government initiatives promoting food safety and manufacturing automation are supporting market expansion. Other factors driving the market include the expansion of the food and beverage industry globally, the shift towards minimally processed and ready-to-eat food, and ongoing research and development in robotic technology.

Explore Full Report with Table of Contents: https://www.imarcgroup.com/food-robotics-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• ABB Ltd
• Bastian Solutions LLC
• Denso Corporation
• Fanuc Corporation
• Kawasaki Heavy Industries Ltd.
• Kuka AG
• Mitsubishi Electric Corporation
• Rockwell Automation Inc.
• Seiko Epson Corporation
• Stäubli International AG
• Universal Robots A/S
• Yaskawa Electric Corporation

Food Robotics Market Segmentation:

Our report has categorized the market based on region, type, payload and application.

Breakup by Type:
• SCARA
• Articulated
• Parallel
• Cylindrical
• Others

Breakup by Payload:
• Low
• Medium
• Heavy

Breakup by Application:
• Packaging
• Repackaging
• Palletizing
• Picking
• Processing
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.