Looking forward, IMARC Group expects the market to grow at a CAGR of around 12% during 2021-2026.
Sheridan, United States - August 16, 2021 /MarketersMedia/ —
According to IMARC Group latest report titled” Food Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited strong growth during 2015-2020. The global food robotics market report to grow at a CAGR of around 12% during 2021-2026. Food robots carry out various complex manufacturing processes, including dispensing, packaging, and casing, sorting raw material, feed placement, pick-and-placing products into containers, labeling packages, etc. They help in performing repetitive and tedious production tasks in extreme conditions at high speeds. Food robots also lower production costs, save space and time, improve the cleanliness, efficiency, and safety of the manufacturing processes. As a result, numerous key players in the food and beverage (F&B) industry are automating the food production process and utilizing food robotics technology to mass-produce products with high yields and better precision.
Request to get the sample report: https://www.imarcgroup.com/food-robotics-market/requestsample
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The elevating integration of big data and artificial intelligence (AI) and various advancements in robotic technology are driving the food robotics market. Furthermore, these robots are gaining popularity in luxury hotels and high-end restaurants for efficient order picking and food packaging. Additionally, several manufacturers are incorporating intelligent vision systems that can sort products based on shape, color, and size on a conveyor belt with high accuracy. Besides this, the outbreak of the coronavirus disease (COVID-19) and the implementation of complete lockdown in numerous countries have led to a shortage of experienced workers. This, along with the need for social distancing measures, is anticipated to propel the market growth over the forecasted period.
Explore full report with table of contents: https://www.imarcgroup.com/food-robotics-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
ABB Ltd
Bastian Solutions LLC
Denso Corporation, Fanuc Corporation
Kawasaki Heavy Industries Ltd.
Kuka AG
Mitsubishi Electric Corporation
Rockwell Automation Inc.
Seiko Epson Corporation
Stäubli International AG
Universal Robots A/S
Yaskawa Electric Corporation
Food Robotics Market Segmentation:
Our report has categorized the market based on region, type, payload and application.
Breakup by Type:
SCARA
Articulated
Parallel
Cylindrical
Others
Breakup by Payload:
Low
Medium
Heavy
Breakup by Application:
Packaging
Repackaging
Palletizing
Picking
Processing
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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