Automation & Digitalisation
Food robotics are referred to as robots employed in the food and beverage business to carry out intricate tasks like picking, packing, and palletizing. Robots from science fiction are already a reality owing to various technological developments. Furthermore, robots are becoming a crucial component of many sectors due to the rise in demand for increased productivity and the introduction of robots to job or task automation.
Overview of the market :
- The Global Food Robotics Market size is expected to reach D4 bn by 2028, rising at a market growth of 10.2% CAGR during the forecast period.
- The Global Food Automation market size was worth around USD 12 bn in 2020 and is estimated to hit approximately USD 28 bn by 2026. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Asia-Pacific is projected to experience the fastest growth during the forecast owing to the strong market base, growing income levels, rapid urbanization, foreign investments, and changing diet.
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