According to a research report titled ‘Global Food Robotics Market 2019-2028’, available with Market Study Report, global food robotics market is anticipated to grow at an annual rate of 15.2% during 2019-2028.
 

As per report findings, increasing demand for packaged foods as well as introduction of stringent food safety regulations are the key factors stimulating global food robotics market growth. Augmented use of automation coupled with rising demand for increased productivity are likely to add substantial traction to industry remuneration.
 

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Additionally, industrial robots are being increasingly adopted by organizations as they offer greater productivity, efficiency, and require a one-time investment cost as opposed to traditional human labor. They also eliminate expenditures like loss from absenteeism, and additional compensation requirements.
 

Despite the ample opportunities, high initial investment costs and impending threat of job loss among workers are anticipated to impede the overall food robotics market expansion during the forecast period. This can be ascribed to the introduction of several automation technologies in food industry, causing a rapidly spreading concern among laborers and factory workers who believe that their jobs will be usurped by robots.
 

Based on payload, global food robotics industry is arrayed into high medium and low segments. By type, the market is split into SCARA, cartesian, articulated, collaborative, cylindrical, parallel and others.
 

Moving on to application ambit, packaging, palletizing, pick & place, repackaging, and processing and are the key segments that define the market space.
 

Considering the regional outlook, global food robotics market spans across Asia-Pacific, Middle East and Africa, Europe, Latin America, and North America. Of these, Asia Pacific is anticipated to lead in terms of market growth owing to mounting demand for ready-to-eat products, and  subsequent increase in import of robots in food sectors among several nations. Rapid urbanization, and high disposable income of the population are also  adding considerable traction to the regional market expansion.
 

Major players in global food robotics market sphere are Fanuc Corporation, ABB Ltd. (ABB Robotics), Kuka AG, Seiko Epson Corporation, Yaskawa Electric Corporation, Stäubli Ag, Bastian Solutions, Inc., Robert Bosch GmbH, Flexicell, Inc., Kawasaki Heavy Industries Ltd., Mitsubishi Electric Corporation, Rockwell Automation, Inc., Mayekawa Mfg. Co., Ltd., Precise Automation, LLC, and Universal Robots A/S.