Technological advancements in numerous domains have expanded the application possibility of robotics to an astonishing extent. Robotics and their application in the food industry is a prominent technology which has the ability to transform the procedures in food processing and handling, food serving, and palletizing & packing. Currently the market is seeing the massively developed trend of robotics deployment in the food industry. Initially, robotics in the food industry focused on end-of-line work than the robots surpassed at it, however there was a demand for quicker and more active machines that are able to work with an advanced feature in the production line and deliver rapid pick and place processes on food products.
Increasing need to expand productivity, rising food safety rules and regulation, and increasing demand for packaged food products are the trends which are projected to drive the demand for food robotics during the forecast period. Furthermore, benefits conferred by the new technologies comprises advanced efficiency in food processing and production, reliable, quality products, and growing manufacturing efficiency which are the key drivers that are estimated to expand the overall food robotics market in the near future.
However, lack of skilled staff in developing economies, cost of fitting & fixing, and service charges of robotic systems are expected to restrain the food robotics market during the forecast period. Furthermore, increasing production of low-cost robots and functionality of robotics are projected to provide an opportunity to boost the food robotics market during the forecast period.
The global food robotics market has been segmented by type, payload, application, end-use industry, and region. In terms of type, the market has been divided into SCARA, articulated, parallel, Cartesian, collaborative, cylindrical, and others. SCARA segment is projected to develop at a significant growth rate in the near future. Based on payload, the food robotics market can be segmented into low, medium, and high. According to application segment, the market is bifurcated into palletizing, packaging, repackaging, pick & place, processing, and other application. The palletizing and packaging segment is anticipated to be the fastest growing segment during the forecast period due to the rising use of packaging robotics. The use of robotic solutions for packaging allows an improvement of reliability in packaging solutions and diminishing wastage. The end-use industry segment is further segregated into beverage, poultry, meat, and seafood, bakery, dairy, confectionery, fruits & vegetables, and other end-use industries.
In terms of region, the market is distributed into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. Furthermore, this region is mainly attributed to increasing investment for automation or robotics in the dairy industry, rising demand for automation in ready foodstuffs and meat processing which improved competitiveness in the region. As result of this, Asia Pacific is the fastest growing region during the forecast period as compared to other regions.
Major companies operating in the global food robotics market includes MAYEKAWA MFG. CO., LTD., ABB Group, Bastian Solutions, Inc., Mitsubishi Electric Corporation, Rockwell Automation, Inc., Seiko Epson Corporation, KUKA Automation company, Yaskawa Electric Corporation, Stäubli International AG, FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., and Universal Robots A/S. Players in the automation and robotics market are expected to witness rising demand for robotics solutions during the forecast years, due to the growing technological advancements. Players operating in the food robotics market are introducing new technologies with varied product portfolios and also developing supply chain networks in order to sell their products in the market. As result of this, the market is anticipated to witness an upsurge in the trend of growing production of low-cost robots and demand for bringing down production cost. This in turn is expected to drive the adoption rate of food robotics.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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