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(Health-NewsWire.Net, January 16, 2020 ) The flexibility, adaptability, and repeatability of the robots has highly influenced the food and beverage industry to adopt robots for various applications including palletizing, pick and place, processing, and packaging. The rising demand for processed food and advanced food packaging, and the growing technological advancement among food manufacturers intensifies the growth of global food robotics market
Meticulous Research® in its latest publication on food robotics market states that the global Food Robotics Market will increase at a CAGR of 12.7% from 2019 to 2025 to reach $3,107.4 million by 2025.
Growth of the global food robotics market is mainly attributed to increasing food safety regulations, rising demand for advanced food packaging, growing demand to improve productivity, increasing production of low-cost robots, increase in investments for automated solutions in food industry, and growing demand for reducing production cost. In addition, growing demand for robotic automation in emerging economies and entry of new players leading to the emergence of advanced robotic technologies provides significant opportunities to the manufacturers in the global food robotics market.
To provide efficient analysis, Meticulous Research® has segmented this market on the basis of type (articulated, parallel, cartesian, delta, collaborative, cylindrical, and portal robots), payload (medium, high, and low), application (palletizing and depalletizing, packaging and repackaging, pick and place, cutting and slicing, processing, logistics, quality inspection, and others), industry verticals (dairy and dairy products; meat, fish, and poultry; bakery and confectionary; prepared foods; brewery and beverage; and frozen and chilled foods) and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
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Wherein, geographically, Europe is estimated to command the largest share of this market, followed by North America, in 2019. The major share of Europe is mainly attributed to the high penetration of robotic systems in European dairy industry, limited availability of labor, increasing food safety regulations, and rising demand for packaged foods.
While in terms of industry verticals, dairy and dairy products segment is estimated to account for the largest share in the global food robotics market in 2019. The large share of this segment is mainly attributed to increasing need to improve quality and productivity, growing number of dairy units, and rising government initiatives.
The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players operating in the global food robotics market including Staubli International AG (Switzerland), Rockwell Automation, Inc. (U.S.), Yaskawa Electric Corporation (Japan), Epson America Inc. (U.S.), MAYEKAWA MFG. CO., LTD. (Japan), Bastian Solutions, Inc. (U.S.), Kuka AG (Germany), Flexicell, Inc. (U.S.), Fanuc Corporation (U.S.), Kawasaki Heavy Industries Ltd. (Japan), Universal Robotics A/S (Denmark), Mitsubishi Electric Corporation (Japan), and ABB Group (Switzerland), among others.
TOP 10 COMPANIES IN FOOD ROBOTICS MARKET
https://meticulousblog.org/top-10-companies-in-food-robotics-market/
Key questions answered in the report:
Growing dairy and dairy products industry to drive the adoption of food robotic systems
How does the penetration of food robotic systems in dairy industry differ from the other food and beverage industries?
What impact does this have on the adoption of food robotics in comparison to other niche applications?
Which are the high growth market segments in terms of type, payload, application, and region/country?
Frozen and chilled food industry account for a relatively small proportion of all applications of food robotics globally
What factors contribute to the infrequent usage of food robotics in frozen and chilled food industry?
Conversely, which geographic segment is expected to experience the fastest growth of robotics in frozen and chilled foods industry?
The Asia-Pacific food robotics market favors both larger and local manufacturers that compete in multiple segments
What are the top competitors in this market, and what strategies do they employ to gain shares?
Which factors are driving growth and which market segments have the most potential for revenue expansion over the forecast period?
What strategies should new companies look to enter in this market use to compete effectively?
What are the major drivers, restrains, opportunities, and trends in the global food robotics market?
Who are the major players in various countries, and what share of the market do they hold?
What are the geographical trends and high growth regions/ countries?
Recent partnerships, acquisitions, and expansions have taken place in the food robotics space.
What companies have recently merged/acquired and how will these unions affect the competitive landscape of the food robotics space?
What companies have created partnerships and how will these partnerships promote a competitive advantage?
Who are the major players in the global food robotics market and what share of the market do they hold?
What are the local emerging players in the global food robotics market and how do they compete with the global players?
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Meticulous Research™
chhagan yadav
+91 744-7780008
chhagan.y@meticulousresearch.com
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