As per the report titled ‘GLOBAL FOOD ROBOTICS MARKET 2019-2028’, available with MarketStudyReport, global food robotics market is projected to register a year-over-year growth rate of 15.2% during the forecast period 2019-2028.

As per the findings of the research piece, escalating demand for packaged food and subsequent surge in the necessity for packaging & processing technology among companies, along with strict standards regarding food safety are fueling global food robotics market growth. Besides, increasing penetration of automation solutions is enhancing the industry growth.

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Notably, manufacturers are increasingly deploying industrial robots as they are productive, highly efficient, and a one-time investment which offering benefits such as no additional absenteeism or compensational expenditure.

Despite the positive outlook, dearth of skilled workforce and high initial investment requisites are likely to hinder the market growth in the forthcoming years.

The market, as per the report, is fragmented in terms of payload (low, medium, high), type (cartesian, articulated, SCARA, cylindrical, parallel, collaborative, others), application (packaging, palletizing, pick & place, repackaging, processing, others).

From a geographical perspective, worldwide food robotics industry spans North America (U.S., Canada), Europe (Germany, France, Italy Spain, Rest of Eur), Asia Pacific (India, China, Japan, Australia & New Zealand, ASEAN countries, Rest of APAC), Latin America (Mexico, Brazil, Rest of LATAM), and Middle East & Africa (UAE, Turkey, South Africa, Saudi Arabia, Rest of MEA).

Asia Pacific market is anticipated to progress at a robust pace in the forthcoming years, chiefly on the back surging consumer demand for ready-to-eat products, rapid urbanization, and increasing disposable income of the populace.

Speaking of the competitive landscape, Precise Automation Inc., Robert Bosch GmbH, Flexicell Inc., Bastian Solutions Inc, Mayekawa Mfg Co. Ltd., Stäubli International AG, Rockwell Automation Inc., Yaskawa Electric Cop., Universal Robots A/S, Seiko Epson Corp., Mitsubishi Electric Corp., Kuka AG, Kawasaki Heavy Industries Ltd., Fanuc Corp., and ABB Ltd. are the major companies influencing global food robotics industry trends.

The aforementioned companies actively engaging in R&D investments, new product launches, collaborations & partnerships, as well as mergers & acquisitions to improve their stance in the marketplace.