CAGR: 13.5%Current Market Size: USD 1.58 BillionFastest Growing Region: APAC
Largest Market: EuropeProjection Time: 2023-2030Base Year: 2022
The global food robotics market is expected to grow from USD 1.58 billion in 2022 to USD 4.37 billion by 2030, at a CAGR of 13.5% during the Projection period 2023-2030. The growth of this market is mainly driven owing to the rising safety concerns during industrial food processing.
Robots are increasingly being integrated into food industrial processes as a means of saving time and space, improving cleanliness and safety, and saving space. Robots are commonly used in food manufacturing in dispensing, placing feeds, packaging food, cutting, and picking and placing products. A number of technological advances have allowed fictional robots to become a reality in many different sectors. In addition, an increase in productivity has led to the implementation of robots to automate tasks, making robots an integral part of many industries today. In the near future, the food robotics market is expected to grow at a moderate rate due to the expected rise in packaged food demand globally. With various governments taking measures to ensure food safety, the need for automation solutions has grown. This technology is helping industries such as food production and processing to achieve production objectives and maintain product quality. With the rise in raw material prices and pressure from retailers, robots are becoming an increasingly attractive option in the packaging sector as they protect and preserve food while minimizing contamination caused by human contact and environmental factors. Over the Projection period, equipment manufacturers are expected to benefit from the increased pollution control measures and reduced food losses related to increasing global food security. Standard and advanced robotics can easily provide these solutions.
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Market Dynamics:
Drivers:
With technology becoming increasingly prevalent, several industries are seeking process optimization to increase profitability. To gain business process optimization, new age technologies such as internet of things, machine learning, data analytics, artificial intelligence, and digital twins are being leveraged. As companies offering these digital technologies are supporting food manufacturers to achieve high levels of safety, reduce risks throughout all stages of food packaging and processing, the food and beverage industry has embraced these advancements.
Restraints:
The food robotics market is witnessing immense growth in terms of rising demand and acceptability in the food industries. But there are some factors which are hindering the growth of the market such as lack of understanding about the operations of the robots and lack of skilled professionals. It has been observed that in the majority of food industries the staff is not that skilled and trained to operate a high-tech automated machine, which may lead to so many disruptions during the processing, and eventually affects the growth of the market.
Opportunities:
The food robotics are in high demand in various end-user industries, creating growth opportunities for the market growth. These systems are widely used in a variety of applications because of their inherent advantages, including quality control, durability, hygiene, and preservation, including bakery and confectionery, meat, seafood, poultry, dairy, and grains. Increasing domestic manufacturing and consumer income levels are driving innovation in Asia Pacific, causing the product to become increasingly popular in end-use industries.
Challenges:
Food robotics requires high installation cost as well as high maintenance cost which is one of the major challenges, hampering the growth of the market. Due to the high cost of installation small and medium sized businesses are not opting for such automated machines which is reducing the sales of the food robotics and hence negatively impacting the growth of the market.
Segmentation Analysis:
The global food robotics market has been segmented based on payload, end-user, application, and region.
By Payload
The payload segments include heavy, medium and low. The low segment led the largest share of the food robotics market with a market share of around 42% in 2022. The low payload segment is expected to grow at the highest CAGR during the Projection period, due to its specialty in pick-and-place, packaging and palletizing, sealing, labeling, and spraying. Aside from reducing cycle time, it facilitates a higher level of productivity.
By End-User
The end-user segment includes seafood, diary, beverages, bakery, meat, fruits & vegetables and others. The beverages segment led the largest share of the food robotics market with a market share of around 21% in 2022. It is expected that the beverages segment will grow at the highest CAGR during the Projection period, owing to the growing need for consumers to be satisfied, to maintain quality, consistency, and hygiene, and to optimize production. The food and beverage industry continues to demand greater precision and safety from its production operations, as robotic companies develop cutting-edge solutions that help reduce waste, increase profits, and make food safer.
By Application
The application segments include packaging & repackaging, pick & place and palletizing. The packaging & repackaging segment led the largest share of the food robotics market with a market share of around 43% in 2022. As the market for packaging and repackaging is expected to grow at a rapid rate during the Projection period, this segment's rapid growth is mainly due to the widespread use of packaging, which improves efficiency and speeded up cycle times. Packaging is the primary driver of segment growth, and robotics systems enable increased production capacity, reduced wastage, and uniform packaging.
Global Food Robotics Market- Sales Analysis.
The sale of food robotics expanded at a CAGR of 12.5% from 2016 to 2022.
Major robot manufacturers reported lower revenue generation in the first and second quarters of 2020 as a result of lower sales brought on by an economic slowdown brought on by lockdown and quarantine restrictions imposed by governments around the world as well as a temporary decline in the demand for automation. Despite being considered critical services during lockdowns in many nations, F&B businesses incurred losses in some of the poorer nations affected by the pandemic. These elements have had a detrimental effect on the global market for food robots, causing revenue loss during the first two quarters of 2020.
The Association for Advancing Automation and the Robotic Industries Association estimate that manufacturers of consumer products and food will increase their orders for robotic systems by 56% in 2020. One of the more well-established uses of robotics in the food business is packaging. Automation is easier to implement at the packaging step than it is earlier in the food supply chain due to the uniformity of the products. Although producers are introducing robots, tasks in agricultural and food production are more difficult to automate with them.
Thus, owing to the aforementioned factors, the global food robotics market is expected to grow at a CAGR of 13.5% during the Projection period from 2023 to 2030.
By Regional Analysis:
The regions analyzed for the food robotics market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region dominated the food robotics market and held a 38.3% share of the market revenue in 2022.
Global Food Robotics Market - Country Analysis:
Germany's food robotics market size was valued at USD 0.18 billion in 2022 and is expected to reach USD 4.50 billion by 2030, at a CAGR of 13.9% from 2023 to 2030.
Manufacturing companies are finding new growth avenues due to the increasing demand for automated processes and the growing economy of emerging countries. Automated technologies are being increasingly adopted for food production and processing, which is driving market growth.
China’s food robotics market size was valued at USD 0.12 billion in 2022 and is expected to reach USD 5.33 billion by 2030, at a CAGR of 13.7% from 2023 to 2030.
Demand for advanced food processing machinery that reduces processing time and improves manufacturing efficiency is expected to grow significantly in the country. With the expected growth of food processing units in the country, food and beverage robotics is expected to gain in popularity.
India's food robotics market size was valued at USD 0.9 billion in 2022 and is expected to reach USD 5.24 billion by 2030, at a CAGR of 13.6% from 2023 to 2030.
Increasing concerns regarding food hygiene and lifestyle have led the population towards ready-to-eat and packaged food items, thus driving the high growth of the food robotics market in the country. Moreover, rapid urbanization and rising disposable income is also contributing a large share in the market growth.
Key Industry Players Analysis:
To increase their market position in the global food robotics business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
13.5% |
Market Size |
1.58 billion in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Payload, By End-User, By Application, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Universal Robots A/S (Teradyne Inc.), Fanuc Corporation, Kuka AG, ABB Ltd, Stäubli International AG, Denso Corporation, Yaskawa Electric Corporation, FENCO Food Machinery, Heat and Control, Inc., Bigtem Makine, Alfa Laval, Finis Food Robotics B.V., Bucher Industries, and Krones Group. |
By Payload |
|
By End-User |
|
By Application |
|
Regional scope |
|
Scope of the Report
Global Food Robotics Market By Payload:
Global Food Robotics Market By End-User:
Global Food Robotics Market By Application:
Global Food Robotics Market By Region:
Global food robotics market is expected to reach USD 4.37 billion by 2030.
The food robotics market is projected to have a CAGR of 13.5%.
Drivers for the growth of the food robotics market are rise in awareness.
Based on the application, the global food robotics market has been segmented into Packaging & Repackaging, Pick & Place and Palletizing.
Leading market players active in the global food robotics market are Universal Robots A/S (Teradyne Inc.), Fanuc Corporation, Kuka AG, ABB Ltd, Stäubli International AG, Denso Corporation, Yaskawa Electric Corporation, FENCO Food Machinery, Heat and Control, Inc., Bigtem Makine, Alfa Laval, Finis Food Robotics B.V., Bucher Industries, Krones Group
Political Factors- Both bureaucracy and corruption have a negative impact on the business climate. When operating in countries with high levels of corruption and low law enforcement, the business environment for the food robotics market is more unstable since the public's trust in corporate institutions and the larger political and economic system is lost. Contracts, fraud agreements, licensure, and various legal proceedings are just a few of the corporate procedures that corruption may have an effect on. By damaging society, the legal system, and the rule of law, joining nations with corrupt economic and political systems would jeopardise the long-term growth of the food robotics market industry.
Economic Factors- The labour market's supply and demand have an impact on the availability of skilled workers and wages. The food robotics market needs to conduct research and project the situation of the labour market in order to comprehend how to draw excellent candidates and make use of their skills to improve business performance. Higher labour productivity favours the food robotics industry when labour markets are open. However, working in competitive labour markets may result in wage issues as well as other challenges raised by tenacious labour unions. The availability of human resources should also be carefully considered by the food robotics market because it can affect business efficiency and make it more difficult to attract new customers.
Social Factors- Customers' purchasing power affects how much they spend. It is necessary to assess and project consumer purchasing power based on relevant economic data in order to analyse consumer interests and spending habits. Some cultures view eating the supplied food as a status signal, while others use it for practical reasons. The consumer motivations and social trends that influence customer behaviour must be understood by the food robotics market. In order to understand how local customers in the area view imported goods, the food robotics market should make an effort to grasp the degree of consumer ethnocentrism and take into account the country of origin effect.
Technological Factors- With the development of information and communication technologies, it has become easier to apply cutting-edge marketing tactics to boost consumer collaboration. The use of social media in the current business environment has substantially expanded. The market for food robotics benefits from the potential of social media marketing to improve operational performance. Technology may be used to launch fresh social media campaigns and create online communities for businesses.
Environmental Factors- Some countries offer financial assistance to promote the use of renewable energy sources. The food robotics market can benefit from it and invest in environmentally friendly technology to ensure its long-term viability. This investment will boost stakeholder satisfaction and expand the customer base due to the improved brand impression. The effectiveness of how businesses operate can be impacted by weather and climatic fluctuations. For instance, inclement weather may increase operational costs and induce a value chain transformation in the perovskite solar cell industry. These adjustments may need changes to a company's product and marketing plan, which could potentially have an impact on consumer purchasing behaviour.
Legal Factors- Data protection has become a critical problem as a result of consumer worries about their security and privacy. The perovskite solar cell market must consider data protection laws in order to safeguard consumer data. Laws are also in place to control expenses, ensure a certain level of quality, and protect consumers from misleading advertising claims. To achieve compliance with consumer protection laws, these factors must be considered in the food robotics industry. Intellectual property laws protect the valuable patents and ideas owned by enterprises. Because it can result in a loss of competitive advantage, a lack of IP protection could harm the position of the food robotics industry in comparison to other market competitors.
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