Food Robotics Market worth $3.1 billion by 2025| Trends, Leading Key Players and Future Demand|
Pune, Maharashtra, February 27, 2020 (Wired Release) Meticulous Research Food Robotics Market by Type (Articulated, Collaboration, Other), Payload (Medium, High), Application (Packaging, Palletizing), Industrial Vertical (Dairy Processing, Bakery, Beverage, Meat Products) Global Forecast to 2025
Food robotics market has shown strong growth pattern in recent years majorly due to increasing food safety regulations, rising demand for packaged foods, growing demand to improve productivity, increasing production of low-cost robots, increase in investments for automated solutions in food industry, growing demand for reducing production cost and increasing food shelf-life, and entry of new-players which has led to the emergence of advanced robotic technologies.
Meticulous Research(R) in its latest publication onfood robotics marketstates that the global food robotics market will increase at a CAGR of 12.7% from 2019 to 2025 to reach USD 3,107.4 million by 2024. Wherein, geographically, Europe commanded the largest share in this market followed by North America. The major share of Europe is mainly attributed to growing concern about health and wellness, limited availability of workforce, increasing demand for packaged food, rapid development and innovation in automations, and growing number of robotics manufacturers.
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The report provides meticulous analysis of global food robotics market by segmenting it on the basis of type (articulated, cartesian, parallel, delta, cylindrical, collaborative, and portal), payload (low payload, medium payload, and high payload), application (cutting and slicing, packaging and repacking, palletizing and depalletizing, processing, quality inspection, pick and place, logistics, and others), industry vertical (dairy and dairy products; bakery and confectionary; brewery and beverage; meat, fish and seafood products; prepared foods; and frozen and chilled foods).
Wherein, among industry vertical, dairy dairy products industry segment commanded the largest share in this market. The largest share of this segment is primarily attributed to increasing demand for packaged dairy products, stringent food safety regulations, rising demand to improve productivity and shelf life of milk products, increasing investments in emerging economies, and growing number of dairy industries.
The key players analyzed in the global food robotics market are Staubli International AG, Rockwell Automation, Inc., Yaskawa America, Inc., Epson America, Inc., MAYEKAWA MFG. CO., LTD., Bastian Solutions, Inc., Kuka AG, Flexicell, Inc., Fanuc Corporation, Kawasaki Heavy Industries Ltd., Universal Robotics A/S, Mitsubishi Electric Corporation, and ABB Group.
Key Questions Related to Report
How does the penetration of food robotic systems in dairy industry differ from the other food and beverage industries?
What impact does this have on the adoption of food robotics in comparison to other niche applications?
Which are the high growth market segments in terms of type, payload, application, and region/country?
What factors contribute to the infrequent usage of food robotics in frozen and chilled food industry?
Conversely, which geographic segment is expected to experience the fastest growth of robotics in frozen and chilled foods industry?
What are the top competitors in this market, and what strategies do they employ to gain shares?
Which factors are driving growth and which market segments have the most potential for revenue expansion over the forecast period?
What strategies should new companies look to enter in this market use to compete effectively?
What are the major drivers, restrains, opportunities, and trends in the global food robotics market?
Who are the major players in various countries, and what share of the market do they hold?
Download Research Report spread across 198 pages comprising in-depth TOC, 175 tables and 36 figures, Published in March 2019 @ https://www.meticulousresearch.com/download-sample-report/cp_id=4957
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