Food Robotics Market: Current Analysis and Forecast 2021-2027

Global Food Robotics Market was valued at US$ 2.1 Billion in 2020 and is anticipated to reach US$ 4.9 Billion by 2027 displaying an elevated CAGR of 13% over the forecast period (2021-2027).
The demand for food robotics is witnessing an uptick on account of the decreasing labor productivity, labor working hours, and the total output as well. Deployment of robotics helps in increasing output, timesaving, smooth, and efficient operations as well. As per the U.S. Bureau of Labor Statistics, food manufacturing employee around 1.6 million workers. Furthermore, with surging mishappening during food processing and other operations, there is a greater demand for food robots. In 2018, the incident rate for food manufacturing workers in the U.S. was 4.2%. In which Burns, cuts, and slips are among the most common types of injuries in food processing plants.
As per the United States Department of Agriculture (USDA), food and beverage manufacturing plants accounted for 15.8% of the value of shipments and 14.7 percent of all employees from all U.S. manufacturing plants in 2019. Growing demand for processed and packaged food in the region acting as a growth catalyst to the industry. 80% of Americans' total calorie consumption comes from store-bought foods and beverages (packaged and unpackaged). Moreover, the rise in work-related fatalities in the region is also proliferating the growth of the demand. As per the U.S Bureau of Labor Statistics, the number of fatalities increased from 40 in 2016 to 49 in 2019.
ABB Group, Kawasaki Heavy Industries Ltd., Rockwell Automation Incorporated, Mitsubishi Electric Corporation, Fanuc Corporation, Yaskawa Electric Corporation, Kuka AG, Seiko Epson Corporation, Staubli International AG, and Universal Robotics A/S. etc, are some of the prominent players operating in the Food Robotics market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products.
Insights Presented in the Report
"Amongst Type, Articulated segment holds the major share"
Based on the Type, the market is fragmented into Articulated, Cartesian, SCARA, Parallel, Cylindrical, Collaborative and Other. The articulated segment of the Global Food Robotics market grabbed the major market share and dominated the market. The segment captured around XX% market share and generated USD XX Mn in 2020 and is expected to grow at a CAGR of XX% during the forthcoming years
"Amongst Payload, Medium Payload segment to dominate the market during the forecast period"
Based on the payload, the market is mainly fragmented into Low, Medium, and High. The medium payload segment grabbed major market share and captured XX% market revenue in 2020. However, the low payload segment would emerge in the forecast period and would witness the highest CAGR during the forthcoming period
"Amongst Function Type, Palletizing segment grabbed Major Market share in 2020"
Based on function type, the market is fragmented into Palletizing, Packaging, Repackaging, Pick & Place, Processing and Others. The Palletizing segment grabbed major market share and captured XX% market revenue in 2020. However, the packaging segment would emerge in the forecast period and would witness the highest CAGR during the forthcoming period as well and would reach USD XX Mn by 2027
Amongst Application, Meat, poultry, & seafood segment grabbed Major Market share in 2020"
Based on Application, the market is segmented into Meat, poultry, & seafood, Processed food, Dairy products, Fruits & vegetables, Beverage, Bakery & confectionery products, and other applications (Convenience food & infant food). The Meat, Poultry, and Seafood segment grabbed XX% market share and gathered USD XX Mn in 2027. Moreover, this segment is expected to reach USD XX Mn by 2027 with a growth of XX% CAGR during 2021-2027
"North America represents one of the largest markets of Food Robotics market"
For a better understanding of the market dynamics of the Food Robotics market, a detailed analysis was conducted for different regions across the globe including North America, Europe, Asia Pacific, and the Rest of the world. North America dominated the market and generated revenue of US$ XX Million in 2020 owing to the change in lifestyle and growing demand for processed and packaged food.
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- The study comprehensively covers the market across different segments
- Deep dive regional level analysis of the industry
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Robots are considered an integral part of industries including the food and beverage industry. The food robot automates tasks and enhances productivity. Therefore, a tend deployment of. Food robots have been witnessed in past few years. As per International Robotics Federation, approximately 1.3 million industrial robots were installed around the world between 2015 and 2018. Moreover, Food industry manufacturers have recorded an increase in productivity of +25% after employing robotics as compared to the work done by a human chain
Furthermore, most of the food processing industry requires product variation but without making the change in the processing line or fiddling with hardware. The association for Packaging and Processing Technologies has shown that almost 33% of food processing operations already use robotics in their facilities. Another survey carried out by the organization revealed that 94% of food packaging operations were already using robotics in 2018
Also, the growing shortage of skilled labor force in the food and beverage company is a challenge that is increasing the requirement of food robotics and the deployment of robots in food manufacturing operations is on the rise. Association of Labor Providers found that 70% of food and beverage manufacturing companies were suffering from a shortage of low and unskilled labor in 2018. Robotics has been seen as a solution to such shortages
Based on the Type, the market is fragmented into Articulated, Cartesian, SCARA, Parallel, Cylindrical, Collaborative and Other. The articulated segment of the Global Food Robotics market grabbed the major market share and dominated the market. The segment captured around XX% market share and generated USD XX Mn in 2020 and is expected to grow at a CAGR of XX% during the forthcoming years
Based on the Payload, the market is fragmented into Low, Medium and High. The medium payload segment grabbed major market share and captured XX% market revenue in 2020. However, the low payload segment would emerge in the forecast period and would witness the highest CAGR during the forthcoming period
Based on the function type, the market is fragmented into Palletizing, Packaging, Repackaging, Pick & Place, Processing and Others. The Palletizing segment grabbed major market share and captured XX% market revenue in 2020. However, the packaging segment would emerge in the forecast period and would witness the highest CAGR during the forthcoming period as well and would reach USD XX Mn by 2027
Based on the application, the market is segmented into Meat, poultry, and seafood, Processed food, Dairy products, Fruits & vegetables, Beverage, Bakery & confectionery products and Other applications (Convenience food & infant food). The Meat, Poultry and Seafood segment grabbed XX% market share and gathered USD XX Mn in 2027. Moreover, this segment is expected to reach USD XX Mn by 2027 with a growth of XX% CAGR during 2021-2027
For a better understanding of the market adoption of the Food Robotics market, the market is analyzed based on its worldwide presence in the countries such as North America (the United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of APAC), and Rest of World. North America constitutes a major market for the Food Robotics industry and generated revenue of USD XX Million in 2020 owing to the increase in the demand for high-quality processed food
Some of the major players operating in the market are ABB Group, Kawasaki Heavy Industries Ltd., Rockwell Automation Incorporated, Mitsubishi Electric Corporation, Fanuc Corporation, Yaskawa Electric Corporation, Kuka AG, Seiko Epson Corporation, Staubli International AG and Universal Robotics A/S. etc,. Several M&As along with partnerships have been undertaken by these players to develop Food Robotics.