Research and Markets: The Global Food Robotics Market a $3.1 Billion Opportunity by 2025
The global food robotics market will grow at a CAGR of 12.7% from 2019 to 2025 to reach $3,107.4 million by 2025.
Driven by increasing food safety regulations, rising demand for packaged foods, growing demand to improve productivity, increasing production of low-cost robots, increase in investments for automated solutions in food industry, growing demand for reducing production cost and increasing food shelf-life, and entry of new-players which has led to the emergence of advanced robotic technologies.
However, the lack of a skilled workforce in emerging economies restricts the market growth to some extent. Moreover, the high cost of installation and service charges of robotic systems, and ...
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