Food Robotics Market Size, Share, and Industry Report [2031]

Segments - Food Robotics Market by Applications (Processing, Palletizing, Packaging, Repackaging, Picking, and Other), Payloads (Low, Heavy, and Medium), Types (Parallel, Cylindrical, Articulated, SCARA, and Other), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Anuradha B. More

Fact-checked by : Vaibhav Chandola

Editor : Shruti Bhat

Report Description

Food Robotics Market Outlook 2031

The global food robotics market size was valued at USD 2.43 Billion in 2022 and is anticipated to reach USD 7.36 Billion by 2031, expanding at a CAGR of 13.1% during the forecast period, 2023-2031. The growth of the market is attributed to the rising demand for packaged foods.

Food robotics can be described as devices that are utilized in the food & beverage sector to conduct complex tasks including packing, picking, and palletizing. Several advancements in technology in various sectors have made fictional robots to become reality. As the demand for increased productivity grows, robots are widely being used to automate operations, resulting in robots being a vital element for variety of sectors.

The impact of COVID-19 pandemic has been positive on the food robotics market due to less human interaction. This eliminates the requirement for individual presence and allows the factory to work remotely, reducing personnel risk.

Food Robotics Market Trends, Drivers, Restraints, and Opportunities

Introduction of advanced and innovative automation technology is one of the key factors driving the market growth.
Various measures taken by governments for food safety is expected to boost the market growth in the coming years.
Increasing adoption of robotics systems for numerous industrial operations is anticipated to boost the market expansion during the projected period.
High installation and maintenance cost presents a major challenge. This is likely to hinder the market growth during the forecast period.
Wide use of robotics technology in traditional sectors, such as electronics and automotive to create significant growth opportunities for the market in the near future.

Scope of Food Robotics Market Report

The report on the global food robotics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Food Robotics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Applications (Processing, Palletizing, Packaging, Repackaging, Picking, and Other), Payloads (Low, Heavy, and Medium), and Types (Parallel, Cylindrical, Articulated, SCARA, and Other)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Mitsubishi Electric Corp.; Rockwell Automation, Inc.; ABB Ltd.; Kawasaki Heavy Industries Ltd.; Yaskawa Electric Corp.; and FANUC Corp.

Food Robotics Market Segment Insights

Applications Segment Analysis

Based on applications, the global food robotics market is divided into processing, palletizing, packaging, repackaging, picking, and other. The packaging segment is expected to grow at a rapid pace during the forecast period owing to the rising demand for packaged food.

However, the repackaging segment is anticipated to hold a key share of the market in the coming years due to the increasing use of automated solutions in the food processing sector.

Payloads Segment Analysis

In terms of payloads, the market is segregated into low, high, and medium. The low & medium segment is projected to expand at a considerable CAGR during the forecast period attributed to wide applications in repackaging, picking, packaging, and placing. Moreover, the trend of using automated systems in several sectors is expected to boost the segment growth further.

Type Segment Analysis

On the basis of types, the global food robotics market is segmented into parallel, cylindrical, articulated, SCARA, and other. The articulated segment is anticipated to hold significant market share in the coming years due to the vast usage of articulated systems for material and palletizing handling.

Regional Outlook

In terms of regions, the global food robotics market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is expected to constitute a key share of the market during the projected period attributed to the food safety regulations and the rise in labor costs in their respective countries.

However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to the rise in disposable income, which is increasing the demand for processed and packaged food.

Segments

The global food robotics market has been segmented on the basis of

Applications

Processing
Palletizing
Packaging
Repackaging
Picking
Other

Payloads

Low
Heavy
Medium

Types

Parallel
Cylindrical
Articulated
SCARA
Other

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Mitsubishi Electric Corp.
Rockwell Automation, Inc.
ABB Ltd.
Kawasaki Heavy Industries Ltd.
Yaskawa Electric Corp.
FANUC Corp.

Competitive Landscape

Key players competing in the global food robotics market are Mitsubishi Electric Corp.; Rockwell Automation, Inc.; ABB Ltd.; Kawasaki Heavy Industries Ltd.; Yaskawa Electric Corp.; and FANUC Corp.

As part of their efforts to expand their client base and acquire a competitive advantage over competitors, manufacturers operating in the market have adopted various strategic initiatives, such as partnerships, collaborations, and mergers & acquisitions.

Moreover, companies are focusing on investment in R&D for development and launching of new products to maintain their competitive positions in the market.

Food Robotics Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Robotics Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Robotics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Robotics Market - Supply Chain
  4.5. Global Food Robotics Market Forecast
     4.5.1. Food Robotics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Robotics Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Food Robotics Market Absolute $ Opportunity
5. Global Food Robotics Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Food Robotics Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Food Robotics Demand Share Forecast, 2019-2026
6. North America Food Robotics Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Food Robotics Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Food Robotics Demand Share Forecast, 2019-2026
7. Latin America Food Robotics Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Food Robotics Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Food Robotics Demand Share Forecast, 2019-2026
8. Europe Food Robotics Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Food Robotics Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Food Robotics Demand Share Forecast, 2019-2026
9. Asia Pacific Food Robotics Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Food Robotics Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Food Robotics Demand Share Forecast, 2019-2026
10. Middle East & Africa Food Robotics Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Food Robotics Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Food Robotics Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Food Robotics Market: Market Share Analysis
  11.2. Food Robotics Distributors and Customers
  11.3. Food Robotics Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Mitsubishi Electric Corp.
     11.4.2. Rockwell Automation, Inc.
     11.4.3. ABB Ltd.
     11.4.4. Kawasaki Heavy Industries Ltd.
     11.4.5. Yaskawa Electric Corp.
     11.4.6. FANUC Corp.