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Food Robotics Market Research Report 2024-2033 | Size, Share, Growth, Trends
Food Robotics Market
As per the report, the food robotics market size has grown rapidly in recent years. It will grow from $2.28 billion in 2023 to $2.58 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The food robotics market size is expected to see rapid growth in the next few years. It will grow to $4.03 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%.
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Surging Consumption Of Processed Food Fuels Growth In The Food Robotics Market As Automation Takes Center Stage In Food Processing
Growth in consumption of processed food is significantly contributing to the growth of the food robotics market. Processed food refers to foods that are treated or changed during preparation to preserve them. Food robots are used in food processing to automate various steps and to maintain the sanitation of the food processing premises to meet sanitation requirements. For instance, in March 2022, according to a report published by the Australian Bureau of Statistics, an Australia-based Independent statutory body of the Australian Government in charge of gathering and analyzing statistics, during 2020-2021, 14.7 million tons of non-alcoholic beverages and food was consumed in Australia, an increase of 1.4% from 2019-2020 and 4.9% from 2018-2019. Therefore, the growing consumption of processed food will drive the food robotics market going forward.
Chef Robotics Launches Ai-Enabled Robotic Solution In The Food Robotics Market
Product innovation is the key trend gaining popularity in the food robotics market. Major companies operating in the food robotics market are focusing on developing new ways of integrating robotics into the production of food for meeting stringent sanitation regulations and increasing productivity. For instance, in July 2023, Chef Robotics, a US-based company that specializes in the development of flexible robotics and machine learning solutions for the food industry launched AI-enabled Robotic Solution. Unlike traditional depositors, Chef emulates the adaptability of human pick-and-place motions. Chef Systems utilize AI to identify optimal picking points within a pan of food and the location of containers. With this AI capability and interchangeable utensils, Chef achieves human-like flexibility: it can pick a wide range of ""scoopable"" ingredients, maintain consistency similar to a person, handle various portion sizes, place components precisely anywhere on the tray, adapt to almost all tray types, and operate with nearly all conveyors. In essence, Chef offers a system that is on par with human capabilities.
The food robotics market covered in this report is segmented -
1) By Type: Articulated, Cartesian, Scara, Parallel, Cylindrical, Collaborative, Other Types
2) By Payload: Low, Medium, High
3) By Application: Palletizing, Packaging, Repackaging, Pick And Place, Processing, Other Applications
4) By End User: Beverages, Meat, Poultry, Seafood, Dairy, Bakery, Fruits and Vegetables, Confectionery, Other End Users
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Major companies operating in the food robotics market report are Mitsubishi Electric Corporation, Midea Group, Denso Corporation, ABB Group, Flexicell Inc., Kawasaki Heavy Industries Ltd., Rockwell Automation Inc., OMRON Corporation, Swisslog Holding AG, Fanuc Corporation, Yasakawa Electric Corporation, KUKA AG, Nachi-Fujikoshi Corporation, Staubli International AG, Bastian Solutions LLC., Schunk GmbH, Universal Robots AS, Omron Adept Technologies, Epson India Pvt Ltd., Mayekawa Mfg. Co. Ltd., Fetch Robotics Inc., Aethon Inc., Picnic Technologies B.V., Zume Inc., IAM Robotics, Xook, Blendid, RightHand Robotics Inc., Asic Robotics AG, Bobacino
Contents of the report:
1. Executive Summary
2. Food Robotics Market Report Structure
3. Food Robotics Market Trends And Strategies
4. Food Robotics Market - Macro Economic Scenario
5. Food Robotics Market Size And Growth
…..
27. Food Robotics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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