Food Robotics Market Size by Type (Articulated, Cartesian, Parallel, Cylindrical, Collaborative, and Portal), by Payload (Low, Medium, and High Payload), by Application (Slicing, Packaging, Repacking, Palletizing and Depalletizing, Processing, Quality Inspection, Pick and Place, Logistics, and others), by Industrial Vertical (Dairy and Dairy Products, Bakery and Confectionary, Brewery and Beverage, Meat, Fish and Seafood, Prepared Foods, and Frozen and Chilled Foods) – Global Opportunity Analysis and Industry Forecast to 2022
Market Overview
Global Food Robotics Market is expected to reach USD 2,159.3 million by 2022 supported by a CAGR of 12.5% during the forecast period of 2017 to 2022. The global food robotics market is mainly driven by the increasing food safety regulations, rising demand for advanced food packaging, growing demand to improve productivity, increasing production of low-cost robots, rise in investments for automated solutions in food industry, and growing demand for reducing production cost and increasing food shelf-life leading to increasing adoption of robotic systems. However, lack of skilled workforce in emerging economies restricts the growth of this market. Moreover, high cost of installation and service charges of robotic systems further challenges the growth of this market.
Market Segmentation
The global food robotics market is mainly segmented by type (articulated, cartesian, parallel, delta, cylindrical, collaborative, and portal robot), by payload (low, medium, and high payload), by application (slicing, packaging, repacking, palletizing and depalletizing, processing, quality inspection, pick and place, logistics, and others), and by industry verticals (dairy and dairy products, bakery and confectionary, brewery and beverages, meat, fish and seafood products; prepared foods, and frozen and chilled foods).
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