Industrial Robots for Food & Beverage Industry: Global Market Expected to Rise at A Higher CAGR Value, Driving Factors, Sales and Revenue

In a recent published report, Kenneth Research has updated the Market report for Industrial Robots for Food & Beverage Industry: Global Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Industrial Robots for Food & Beverage Industry: Global Market Products.

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Robotics will play a vital role in the evolution of the next-generation technologies. In spite of a small consumer of industrial robots, food & beverage industry has been ordering an increasing number of industrial robots. The growth rate of industrial robotics adoption in food & beverage industry outpaces those in traditional industries like automotive and electronics, and this trend is forecast to remain throughout 2016-2022.

According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017.

Industrial Robots for Food & Beverage Industry: Global Market 2016-2022 examines the worldwide market of industrial robotics in food & beverage industry through a comprehensive summary and analysis of premium information sources. With a review of global market environments and food & beverage industry trend, this report provides an in-depth and detailed analysis of market structure, market trends, market forces, application fields, product types, geographical landscape, and the major industrial players/vendors. In most analysis, historical statistics together with market outlook cover the 2014-2022 period in terms of unit shipment as well as sales revenue.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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Qualitative market analyses include identification and discussion of market structure, market overview, growth drivers, restraints and challenges, emerging market trends/opportunities, Porter’s Fiver Forces as well as M&A landscape and fundraising trend (IPO and VCI).
By application, the market is segmented into Palletizing, Packaging & Repacking, Picking & Placing, and Production & Processing. Palletizing and Packaging are identified as the largest application segments.
By product type, the market is segmented into articulated robots, Cartesian robots, SCARA robots, and other robots (cylindrical robots, polar robots, delta robots, parallel robots, etc.). Articulated robotics segment gains most of the market share and is expected to grow at the highest rate among all the robotics types.
Geographically, the global market is divided into North America, Europe, Asia-Pacific region, Latin America and the rest of world (RoW). Specific analysis and forecast over 2014-2022 have been covered for important national markets such as U.S., China, Japan, Germany, South Korea, and Mexico. Asia-Pacific region dominates the global industrial robots market in food & beverage industry in terms of sales volume as well as annual revenue, followed by European market and North America region. Strongest growth potential also exists in APAC for the future market with China and Southeast Asian countries expected to be the main driving engines for the growth. Current competitive scenario and profiles of major vendors are also included.
Highlighted by 5 tables and 62 figures, this 134-page report provides valuable information and a thorough understanding of the market’s emerging trends, which are needed to successfully derive critical business decisions. This report also saves clients a lot of research time on a global market and offers significant assistances in identifying and expanding business opportunities in the global industry.
Key Players:
ABB Ltd.
Fanuc Corp.
Kuka AG
Yaskawa Electric Corp.
Kawasaki Robotics
Toshiba Machine
Adept Technology Inc.
Staubli International AG
Pari Robotics
Yamaha Robotics

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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