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Expanding Commercial Food Service Industry Drives Growth In Cooking Robot Market: Key Factor Driving The Growth In The Cooking Robot Market
Cooking Robot Market
What Is the Expected Cooking Robot Market Size During the Forecast Period?
The cooking robot market has grown rapidly in recent years. It is projected to grow from $3.79 billion in 2024 to $4.31 billion in 2025, at a CAGR of 13.7%. Growth is linked to increased demand for automation, high labor costs, technological advancements, consumer preference for consistency, improvements in battery technology, and early adopter influence.
The cooking robot market is anticipated to grow rapidly, reaching $7.15 billion by 2029, with a CAGR of 13.5%. Growth is attributed to health and nutrition awareness, energy efficiency demands, customization capabilities, aging populations, pandemic influence, and urbanization. Major trends include AI-driven cooking, enhanced interactivity, multifunctional capabilities, IoT connectivity, AR integration, improved safety, and sustainable materials.
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What Are the High-Growth Segments in the Cooking Robot Market?
The cooking robot market covered in this report is segmented -
1) By Robot Type: Cobots, Selective Compliance Assembly Robot Arm (SCARA), Delta Robots, Other Robot Types
2) By Application: Beverage Making, Meat Processing, Fast Food Preparation, Other Applications
3) By End-User: Commercial, Residential
Subsegments:
1) By Cobots (Collaborative Robots): Autonomous Cooking Assistants, Cooking Process Automation Cobots
2) By Selective Compliance Assembly Robot Arm (SCARA: Pick-And-Place Robots, Food Preparation And Assembly Robots
3) By Delta Robots: High-Speed Food Processing Robots, Precision Cooking And Plating Robots
4) By Other Robot Types: Mobile Kitchen Robots, Automated Grilling And Frying Robots, Robotic Bartenders, Food Delivery Robots
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What Key Drivers Are Expected to Influence Future Cooking Robot Market Growth?
The expanding commercial food service industry is expected to stimulate the growth of the cooking robot market. The commercial food service industry includes establishments that prepare and serve food for profit. The sector is growing due to the rise of fast-casual dining and technological innovations like online ordering and food delivery apps. Cooking robots help streamline operations by ensuring consistency, food safety, and cost control. The US Bureau of Labor Statistics reported a 4.28% increase in food service establishments in the fourth quarter of 2023, reflecting growth in the industry and the cooking robot market.
Which Companies Hold the Largest Share Across Different Cooking Robot Market Segments?
Major companies operating in the cooking robot market are Xiaomi Inc., Epson Corp., Yaskawa Electric Corporation, KUKA AG, Stäubli International AG., Bastian Solutions LLC, Mayekawa Mfg. Co. Ltd., Solo Gelato Ltd., Bear Robotics Inc., Miso Robotics Inc., Briggo, Inc., Chefee Robotics Inc., Starship Technologies Inc., Picnic Works Inc., Cecilia AI Ltd, Dexai Robotics Inc., Karakuri Ltd., Kitchen Robotics ltd., Milkit Ltd., Nala Robotics Inc., Truebird Inc., Wilkinson Baking Company, SavorEat Ltd., Chowbotics Ltd, Euphotic Labs Pvt Ltd, Moley Robotics Ltd
What Trends Are Expected to Dominate the Cooking Robot Market in the Next 5 Years?
Companies in the cooking robot market are focusing on AI-powered robotic chefs to replicate complex cooking processes and enhance kitchen efficiency. In June 2022, Nala Robotics, a U.S.-based company, introduced Pizzaiola, an autonomous robot capable of preparing various foods, including pizzas. The robot uses AI and machine learning to ensure precise cooking and can produce up to 50 pizzas per hour with a variety of toppings and sauces.
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What Are the Emerging Geographies for The Cooking Robot Market Growth?
North America was the largest region in the cooking robot market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cooking robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cooking Robot Market?
2. What is the CAGR expected in the Cooking Robot Market?
3. What Are the Key Innovations Transforming the Cooking Robot Industry?
4. Which Region Is Leading the Cooking Robot Market?
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