Food Robotics Market
Food Robotics Market
The market for Food Robotics was estimated at $2.88 billion in 2024; it is anticipated to increase to $7.9 billion by 2030, with projections indicating growth to around $18.5 billion by 2035.
Global Food Robotics Market Outlook
Revenue, 2024 (US$B)
$2.9B
Forecast, 2034 (US$B)
$15.6B
CAGR, 2024 - 2034
18.4%
Market Key Insights
- The Food Robotics market is projected to grow from $2.9 billion in 2024 to $15.6 billion in 2034. This represents a CAGR of 18.4%, reflecting rising demand across Food Processing and Packaging, Food Serving and Automated Cooking.
- Moley Robotics, ABB Group, Schneider Electric SE are among the leading players in this market, shaping its competitive landscape.
- U.S. and Japan are the top markets within the Food Robotics market and are expected to observe the growth CAGR of 17.7% to 25.8% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 13.8% to 19.1%.
- Transition like Intrusion of Automation is expected to add $1.8 billion to the Food Robotics market growth by 2030
- The Food Robotics market is set to add $12.7 billion between 2024 and 2034, with manufacturer targeting Cartesian & Parallel Type projected to gain a larger market share.
- With Advancement in automation technology, and Increasing demand for processed foods, Food Robotics market to expand 441% between 2024 and 2034.
Opportunities in the Food Robotics
The unexplored opportunities in up and coming markets like India, China and Brazil could serve as a driving force for the advancement of the food robotics sector. The paced urban development, growing incomes and heightened industry focus on improving food safety regulations, in these nations are setting the stage for wider approval and integration of food robotics technology.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Advancement in Automation Technology, and Strict Food Safety Regulations
Restraint: High Investment Cost
Opportunity: Automation in Food Processing and Technological Innovations in Food Robotics
Challenge: Skill Gap and Technological Complexities
Supply Chain Landscape
Components procurement
ABB Robotics
Kawasaki Heavy Industries
Design & manufacturing
Fanuc Corporation
Yaskawa Electric Corporation
Distribution & logistics
Midea Group
Seiko Epson Corporation
End-user Industry
Restaurant Automation
Precision Farming
Dairy Management
Components procurement
ABB Robotics
Kawasaki Heavy Industries
Design & manufacturing
Fanuc Corporation
Yaskawa Electric Corporation
Distribution & logistics
Midea Group
Seiko Epson Corporation
End-user Industry
Restaurant Automation
Precision Farming
Dairy Management