USD 3.2 Billion
Report ID:
SQMIG30C2147 |
Region:
Global |
Published Date: April, 2024
Pages:
201
|Tables:
125
|Figures:
78
Global Food Robotics Market size was valued at USD 3.2 Billion in 2022 and is poised to grow from USD 3.58 Billion in 2023 to USD 8.87 Billion by 2031, growing at a CAGR of 12% in the forecast period (2024-2031).
The pervasiveness of technology has changed many industries as companies seek to improve production efficiency to drive profitability. New age technologies like Internet of Things (IoT), Machine Learning, Data Analytics, Artificial Intelligence (AI), Digital Twin etc. are used to achieve better business processes. These digital technologies have given the food and beverage industry increased as companies help food manufacturers achieve higher levels of safety, can reduce production costs, increase research capabilities, and reduce risks in all stages of food packaging and manufacturing. This will create entry opportunities in food robotics, leading to growth of the global food robotics market.
Recently, digitization has been another buzz word making automation easier. Artificial intelligence is being used to improve business efficiency by increasing employee productivity. Additionally, several regulations suitable for digitization have been established to determine its application in the F&B sector. For example, the U.S. The FDA Food Safety Modernization Act mandates food manufacturers to comply with the principles of Hazard Assessment and Critical Control (HACCP) by using ERP systems to update and modernize their processes Databases Analysis for the HACCP process By monitoring and using technology, organizations can inspect their foods in real time with high visibility, thereby ensuring compliance based on food safety standards In that in this context, the increasing digitization of F&B industries is expected to impact food robot market growth in the future.
Global Market Size
USD 3.2 Billion
Largest Segment
Meat
Fastest Growth
Poultry
Growth Rate
12% CAGR
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Based on type, the market is classified into articulated, cartesian, scara, parallel, cylindrical, collaborative. Based on payload, the market is classified into low, medium, high. Based on function, the market is classified into palletizing packaging, repackaging, pick & place, processing. Based on application, the market is classified into meat, poultry, seafood, dairy products, fruits & vegetables, beverage, bakery & confectionery products. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, Middle East & Africa and LAMEA.
Analysis by Application
The meat segment dominated the global market. At the core of the meat segment is the complexity of meat processing, where accuracy and efficiency are paramount. Robots in this area not only increase the speed and accuracy of production but also solve labor-intensive challenges, ensuring consistent product quality. Automated systems excel in complex applications such as skeletonization, bone cutting and fracture handling, thereby improving product quality. Furthermore, increased consumer preference for processed and packaged meat products has increased the demand for meat products. Robotics plays an important role in meeting this demand by streamlining operations, reducing waste and meeting stringent safety standards. The combination of smart technology and robotics provides searchability and transparency in the meat supply chain, increasing customer confidence.
The poultry processing segment involves complex processes such as cutting, deboning, disassembling and packaging, which can be labor intensive and require precision. Food robotic systems enable faster production, improve accuracy and precision, improve efficiency and efficiency in poultry processing facilities. Maintaining food safety and hygiene standards in poultry production is critical to prevent contamination and ensure quality. Robotics solutions designed for poultry processing reduce human contact with food, reduce the risk of contamination and improve overall hygiene in the production area. Many facilities face challenges and have a skilled workforce to source and preserve artisanal poultry.
Analysis by Type
The collaborative robot segment is emerging as a key force in the rapidly developing environment of the global food robotics market. Collaborative robots are designed to work seamlessly with humans, creating a collaborative environment that combines human and mechanical capabilities. Cobots in the food industry have great traction in their ability to increase operational efficiency, ensure food safety and adapt to dynamic production needs. Unlike traditional industrial robots in the food chain, cobots put safety first, advanced sensors, built-in intelligence to enable non-threatening collaboration with human operators Their versatility allows for widespread use in food production, packaging and assembly, increasing streamlined operations and reducing operations.
Cylindrical is the fastest growing segment in the market. Cylindrical containers such as bottles, cans, bowls and jars are commonly used to produce liquids, powders and solid packaging materials in the food and beverage industry Robotics solutions designed for circular consumption the role enables accurate holding, positioning and packaging for improved efficiency and accuracy in packaging operations. Circular applications generally require higher speeds to meet production and packaging speeds. Robotics systems using vision systems, sensors, and motion control technologies enable rapid detection, guidance, and manipulation of circular objects, resulting in better flexibility and reduced cycle times. Cylindrical objects are often used for space widespread use in wire packaging and warehousing is extensive. Robotics solutions with compact design and modular design help optimize the use of space, enhance integration into existing manufacturing facilities and reduce footprint requirements.
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North America dominated the global food robotics market in 2022, with a major share of more than 32%. The regional food industry is characterized by innovation and a high demand for automation. Factors such as labor costs, food safety regulations and the need for constant process improvement are driving the adoption of food robots. In the U.S. food manufacturers, restaurants and fast-food companies are increasingly integrating robots into their operations. The presence of large food robotics companies and research institutes also contributes to the growth of the market in North America.
The Asia Pacific region in the market is growing rapidly due to its expanding economies, expanding industrial base of food products driven by rapid urbanization, and rising, lucrative demand for convenience foods due to increasing utilization and capacity of consumers. The sector is expected to witness a significant increase in the demand for advanced food processing equipment which helps to reduce the time for cooking and provides productivity improves. The expected increase in food processing facilities in the region is expected to increase the supply and consumption of food and beverage robots. This is expected to have a positive impact on the global food robotics market.
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Drivers
Increasing Adoption of Digitization in the Food Industry
Increasing Demand in Applications
Restraints
Lack of Skilled Labor in Developing Countries
High Cost of Building Robotic Systems
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The report provides a detailed analysis of the competitors in the market. It examines the financial performance of publicly listed companies in this market. The report also provides detailed information on recent developments and competitive scenario in the industry. Companies mentioned in this report include Mayekawa Mfg. Co.; Ltd, Karakuri Ltd., Retail Robotics, TM Robotics. The report includes Competitive Quadrant, a proprietary tool for analyzing and evaluating companies’ positioning based on their Industry.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The integration of food robotics also helps improve food safety and hygiene. Robots can be designed to meet strict hygiene standards, reduce the risk of contamination, and ensure compliance with regulatory requirements. Food automation reduces the need for human intervention, reduces the possibility of error, improves overall hygiene in manufacturing facilities and more enables robotic inspection, as every step of the food processing process can be accurately monitored and recorded. The global food robotics market has undergone tremendous growth and change, driven by the increasing demand for automation and efficiency in the food industry. With the growing global population, there is an increasing need to enhance productivity increase, cost-effectiveness, and improve food safety standards, with automated manufacturing systems and smart devices, are increasingly being adopted by food manufacturers to provide products that simplify manufacturing, reduce labor costs and ensure consistent product quality in addition to technical costs for design, installation and commissioning. These additional costs pose a challenge to the growth of the global market. Small and medium-sized businesses are reluctant to incur a high initial installation cost as this can extend the time to reach breakeven point.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 3.2 Billion |
Market size value in 2031 | USD 8.87 Billion |
Growth Rate | 12% |
Base year | 2023 |
Forecast period | (2024-2031) |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Food Robotics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Food Robotics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Food Robotics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Food Robotics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG30C2147
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