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The global food robotics market size valued USD 1.8 billion in 2023 and expected to reach USD 3.8 billion by 2029 at a CAGR of 13.2% during the forecast period 2023-2029. Moreover, the food safety regulation guidelines, increase in investments in R&D activities, increase in demand for the speed packaging of food, rise in demand for instant foods, rise in production of robots at lower price range and rise in R&D activities for the development of food robotics market are the major factors that are driving the growth of the global food robotics market over the forecast timeframe. Due to the manual packaging, the process of packaging has become time consuming process this problem lead to the adaptation of robots in the packaging industry. Moreover, increased charges of labour has fueled the adaptation of robots in the food packaging industry these are the major factors anticipated to propel the global food robotics market over the forecast years.
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Increase in the demand for food robots is a key factor drive the global food robotics market. Due to the increase in demand, the need to expand the productivity has increased. The demand for food packaging is increasing day by day owing to the increasing preference towards instant foods.
The food robotics market is projected to expand at a CAGR of 13.2% during the forecast period
Mitsubishi Electric Corporation, Kawasaki Heavy Industries Ltd, Seiko Epson Corporation, Yaskawa Electric Corporation, ABB Group
North America is the fastest-growing region for food robotics market