The Worldwide Food Robotics Industry is Projected to Reach $5.5 Billion by 2030: Advanced Robotic Technology Fueling Growth in Restaurant Industry
DUBLIN, Feb. 7, 2023 /PRNewswire/ -- The "Food Robotics - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Food Robotics estimated at US$2.1 Billion in the year 2022, is projected to reach a revised size of US$5.5 Billion by 2030, growing at a CAGR of 12.8% over the analysis period 2022-2030.
Low (Below 10 Kg), one of the segments analyzed in the report, is projected to record a 14.1% CAGR and reach US$2.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Medium (10 - 100 Kg) segment is readjusted to a revised 12.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $609.9 Million, While China is Forecast to Grow at 11.8% CAGR
The Food Robotics market in the U.S. is estimated at US$609.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$915.8 Million by the year 2030 trailing a CAGR of 11.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 10.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.
Select Competitors (Total 43 Featured) -
ABB Group
Bastian Solutions, Inc.
FANUC Corporation
Kawasaki Heavy Industries Ltd.
KUKA AG
Mayekawa Mfg. Co., Ltd.
Mitsubishi Electric Corporation
Rockwell Automation, Inc.
Seiko Epson Corporation
Staubli International AG
Universal Robots A/S
Yaskawa Electric Corporation
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Food Robotics Market: Overview
Food Robotics in Food & Beverage Industry - Promising Future Ahead
Robotic Packaging Technology Making Positive Impact in Food & Beverage Industry
Advanced Robotic Technology Fueling Growth in Restaurant Industry
Increasing Adoption of Automated Meat Processing and Packaging in the Food Industry
Transformation of Agriculture Industry by Agri-Food Robotics
Warehouse Robotic to Drive Growth in the Food Applications Market
Food Robot Usage in Fast Food and Voice-Activated System Restaurants Gains Momentum
Outlook of Robotics in Food Industry
Food Robotics - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Future Impact on Employment by Food Robots
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/z32e8a-robotics?w=5
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SOURCE Research and Markets