Food Flavors Market is segmented by Origin (Natural, Nature Identical, and Artificial), Type (Vanilla and Dairy), Form (Liquid, and Dry), and Application (Beverages, Dairy Products, Confectionery Products, and Meat Products) and Geography.
The Food Robotics Market is projected to grow at 11.6% CAGR from 2021 to 2028 reaching a market size value of USD 2.02 billion by 2028.
Food Robotics are machines performing robotics solutions in the food and beverages industry to perform complex operations like picking, packing, sorting through end of palletisation. The growth of this market is mainly contributed by the development in the food and beverages industry incorporating the utilization of automated technologies, rising demand for ready to eat food, and consumers’ increasing demand for higher food quality.
Consumers are focused on demanding efficient, high quality food packaging that can also be an attribute in the growth of the market. As per the Robotic Industries Association and Association for Advancing Automation, robotic systems demands by food and consumer goods manufacturers went up by 56% in 2020.
COVID-19 Impact on the Food Robotics Market
Leading robot manufacturing companies globally experienced a decline in revenue during the first and second quarters of 2020. The economic slowdown due to the extended lock downs and quarantine restrictions caused the decrease of sales.
The widespread of the virus is a great challenge to almost all of the countries because many sectors will have to compromise and deal with the negative impact on their sales.. Many industries will have to adapt and adopt to the changes that will be imposed upon them by their governments. A massive set back on the growth of the food robotics market is the disruption of supply chain since manufacturing and distribution by key players or companies are being limited, if not, controlled by governments by imposing lock downs and halting travels across borders.
The challenge lies in the disruption in raw materials supply because it is negatively affecting manufacturers since travel, transport of raw materials, and non-essential trade has been put off in many countries. This in turn affected production, causing fewer volume of product sales. Food robotics suppliers have also experienced backlash because imports and exports in almost all countries have been restricted, if not limited. Availability of labor became a problem too, since shutdowns of facilities and operations halted the production of food robotics market.
Key Findings in the Food Robotics Market
In terms of type, the food robotics market is segmented further into articulated robots, delta and parallel robots, collaborative robots, cartesian robots, cylindrical robots, portal robots. The segment collaborative robots is projected to grow at the highest CAGR in 2021-2028. this growth is attributed to the increased awareness of the role in working at humid greenhouses, freezer or refrigerated rooms, to operating hot ovens.
Low payload segment is expected to grow at the highest CAGR during the forecast period of 2021-2028. The rapid growth of this segment in the market is attributable to the specialty in pick-and-place, better food handling, packaging and palletising as well as sealing, labelling. Additionally, it increases productivity and shorter cycle time.
In terms of application, food robotics market is segmented into palletizing and depalletizing, packaging and repacking, pick and place, cutting and slicing, grading and sorting, butchery, quality inspection, other applications. During the forecast period, the packaging & repacking segment is expected to grow at the highest CAGR.
With respect to end use, it is segmented into dairy, beverages, bakery & confectionery, meat, poultry, and seafood, fruits and vegetable, oil & fats, and other end users. Just like the other leading segments, during the forecast period, the beverages segment is projected to grow at the highest CAGR.
Regional Market Analysis
The Asia Pacific region dominates having the fastest growing regional market attributed to the factors such as, increased awareness regarding food hygiene and consumers’ preference on ready-to-eat and packaged food products.increased consumer income contributes to the growth of the market as well. In this region, China tops the rank in food adoption.
ABB Ltd (Switzerland), Fanuc Corporation (Japan), Yaskawa Electric Corporation (Japan), Kuka AG(Germany), Mitsubishi Electric Corporation (Japan), Kawasaki Heavy Industries, Ltd. (Japan), Universal Robots A/S (Denmark), Stäubli International AG (Switzerland), Denso Corporation (Japan), Seiko Epson Corporation (Japan), Mayekawa Mfg. Co., Ltd. (Japan), Omron Corporation (Japan), and Autonox Robotics GmbH (Germany). These Key Players are chartered through competitive landscapes on the basis of an extensive assessment of product portfolio offerings, geographic presence and development strategies adopted by them in the industry in 2021.
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Articulated Robots
• Six-Axis Robots
• Other Articulated Robots
• Delta & Parallel Robots
• Collaborative Robots
• Cartesian Robots
• Portal Robots
Payload Analysis (Revenue, USD Million, 2021 - 2028)
• Medium Payload
• Low Payload
• High Payload
Application Analysis (Revenue, USD Million, 2021 - 2028)
• Palletizing & Depalletizing
• Packaging & Repacking
• Cutting & Slicing
• Grading & Sorting
• Quality Inspection
• Other Applications
End Use Analysis (Revenue, USD Million, 2021 - 2028)
• Bakery & Confectionery
• Meat, Poultry, and Seafood
• Fruits and Vegetable
• Oil & Fats
• Other End Users
Region Analysis (Revenue, USD Million, 2020 – 2028)
• United States
• United Kingdom
• South Korea
• Saudi Arabia
• Rest of World
• United States Food Robotics Industry Research Report
• Europe Food Robotics Industry Research Report
• Asia Pacific Food Robotics Industry Research Report
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