According to the research report titled ‘Global Food Robotics Market 2019-2028’, available with Market Study Report, global food robotics market is projected to record a compound annual growth rate of 15.2% over 2019-2028.
 

Stringent rules & regulations regarding food safety, and mounting demand for packaged food are the primary factors propelling global food robotics market growth. Accelerated incorporation of processing & packaging technologies is also adding substantial traction to industry demand.
 

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Furthermore, increase in degree of automation, and soaring demand for high productivity are also creating new opportunities in the market space.
 

Notably, industrial robots are increasingly being employed in the manufacturing sector as they are highly efficient & productive. These robots have a one-time investment cost, and do not require additional absenteeism or compensational expenses, as opposed to traditional labor.
 

Despite the positive outlook, high initial investment requirement, dearth of skilled professionals, and concerns regarding job loss among factory workers and laborers are likely to restrain market growth in the upcoming years.
 

Based on payload, global food robotics market is classified into high, medium, and low variants. By product type, the market classification comprises articulated, parallel, SCARA, cartesian, collaborative, cylindrical, and others. Moving on to application scope, the industry is split into palletizing, repackaging, packaging, processing, pick & place, and others.
 

Considering the geographical scope, the research report deems Asia-Pacific, Europe, Middle East & Africa, Latin America, and North America to be major contributors to industry valuation. Asia-Pacific market is touted to garner significant returns over the study period, due to growing consumer demand for ready-to-eat food products, and rising import of robots for use in food & beverage sector. Moreover, rapid urbanization, and increase in discretionary income are also contributing to regional market development.
 

Major players in global food robotics industry sphere include Precise Automation Inc., Robert Bosch GmbH, Flexicell Inc., Bastian Solutions LLC, Mayekawa Manufacturing Co. Ltd., Stäubli International AG, Rockwell Automation Inc., Yaskawa Electric Corp., Universal Robots A/S, Seiko Epson Corp., Mitsubishi Electric Corp., KUKA AG, Kawasaki Heavy Industries Ltd., Fanuc Corp., and ABB Ltd.