Research report looks at the growth of food robotics
A new report predicts the global food robotics market will grow at a 12.73% annual rate from 2021 to 2027.
The report, titled "Food Robotics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," is published by ResearchAndMarkets.com.
The global food robotics market reached a value of $1.9 billion in 2021 and will reach $3.9 billion by 2027, according to a news release about the report.
The report looks at the influence of the COVID-19 pandemic on the growth of the food robotics sector.
“Leading players in the food and beverage industry worldwide are automating the food production process using food robotics technology to mass-produce products with high precision and yields,” the release said.
The release said some of the questions covered in the report include:
- How has the global food robotics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global food robotics market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the payload?
The release said companies that are mentioned in the report include:
- ABB Ltd
- Bastian Solutions LLC (Toyota Industries Corporation)
- Denso Corporation
- Fanuc Corporation
- Kawasaki Heavy Industries Ltd.
- Kuka AG (Midea Group Co. Ltd.)
- Mitsubishi Electric Corporation
- Rockwell Automation Inc.
- Seiko Epson Corporation
- Staubli International AG
- Universal Robots A/S (Teradyne Inc.)
- Yaskawa Electric Corporation
More information and purchase options for the 143-page report is available at the researchandmarkets.com website.