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Food Robotics Market Size, Share | Analysis

Food robotics market was valued at $2,047.3million in 2020, and is estimated to reach $5,787.9million by 2031, registering a CAGR of 10.4% from 2022 to 2031.

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Food Robotics Market Size, Share | Analysis

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  1. Food Robotics Market Food Robotics Market expected to reach expected to reach $5,787.9 Million by $5,787.9 Million by 2031 | 2031 | CAGR 10.4% CAGR 10.4% Global Opportunity Analysis and Industry Forecast, 2022-2031

  2. • According to a new report published by Allied Market Research, titled, “Food Robotics Market by Type, Payload, and Application: Global Opportunity Analysis and Industry Forecast, 2022–2031,” • The food robotics market was valued at $2,047.3 million in 2020 and is projected to reach $5,787.9 million by 2031, growing at a CAGR of 10.4% from 2022 to 2031. Asia-Pacific is one of the prominent regions for food robotics worldwide. • Technological advancement across various industries widens the application horizon of robotics. Robotics is applicable in sectors such as automotive, electrical & electronics, metal, chemical & plastics, and food. Over the past few years, robotics has gained traction in the food & beverage industry, attributed to the advantages offered by these robots such as high speed of productivity, better cleanliness & hygiene, more flexibility, and others. • Request Sample Report: Food Food Robotics Robotics Market Market Overview: Overview:

  3. COVID COVID- -19 Impact 19 Impact The outbreak of COVID-19 pandemic impacted the consumption pattern of food and beverages products, owing to market closures and reduced workforce. Government of different nations implemented restriction on manufacturing process, transportation, and procurement of raw materials to implement social distancing. Thus, these restrictions affected the production capacity of the food robotics by the manufacturers in the year 2020 and the overall market revenue was hampered during the pandemic. However, the market is expected to set back to its previous growth trend over the next couple of years.

  4. The key players profiled in the report are: Mitsubishi Electric Corporation ABB Group Rockwell Automation Incorporated Top Key Players: Kawasaki Heavy Industries Ltd. Kuka AG Fanuc Corporation Yaskawa Electric Corporation Seiko Epson Corporation Staubli International AG Universal Robotics A/S.

  5. Key Findings of the Study Key Findings of the Study • By type, the Food Robotics market size of articulated segment remained the dominant segment in the year 2020, and is expected to maintain the market share in the coming years. • Articulated segment account for nearly 42% by revenue, followed by SCARA and Cartesian. • By payload, high category is the fastest growing segment during the forecast period. • By application, palletizing category is the leading category in the market however; processing segment is anticipated to grow with thehighest CAGR during the forecast period. • By region, Asia-Pacific led in terms of the global food robotics market share in 2020, and is expected to retain its dominance during the forecast period.

  6. Food Robotics Market Report Highlights Food Robotics Market Report Highlights By Type • Articulated • Cartesian • SCARA • Parallel • Cylindrical • Collaborative • Others By Payload • Low • Medium • High By Application • Palletizing • Packaging • Repackaging • Pick & Place • Processing • Others

  7. By Region By Region North America • U.S. • Canada • Mexico Europe • Germany • UK • Italy • France • Spain • Rest Of Europe Asia-Pacific • Japan • China • India • South Korea • Australia • Rest Of Asia-Pacific LAMEA • Brazil • Saudi Arabia • Rest of LAMEA

  8. • David Correa • 5933 NE Win Sivers Drive • #205, Portland, OR 97220 • United States • USA/Canada (Toll Free): +1-800-792-5285, +1-503-894- 6022 • UK: +44-845-528-1300 • Hong Kong: +852-301-84916 • India (Pune): +91-20-66346060 • Fax: +1(855)550-5975 • help@alliedmarketresearch.com • Web: https://www.alliedmarketresearch.com/reports- store/food-and-beverages • Follow Us on Blog: https://www.dailyreportsworld.com/ Contact Contact Us: Us:

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