PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1176396
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1176396
According to SPER Market Research, the Global Cooking Robotics Market is estimated to reach USD 8.57 billion by 2032 with a CAGR of 13.37%.
A significant growth rate is anticipated for the global market for culinary robots. The need for professional robots in the hospitality industry, together with expanding developments and initiatives, are key growth drivers that are anticipated to drive the market for culinary robots worldwide. Additionally, the selling feature of cooking robots is convenience. Due to the advantages, they offer, professional service robots have seen an increase in demand over the past few years in the food service sector. Based on their cutting-edge qualities, such as visual recognition and failure prediction, among others, robots are predicted to play a significant role in the culinary process. An enormous surge in robot installations over the preceding years is being supported by technological breakthroughs and changes in the food business. The potential for the robotics business is supplemented by robots' ability to help with cooking in various kitchens in the food and beverage sector. Additionally, it is predicted that in the upcoming years, the global market for cooking robots will be driven by an increase in food safety regulations across the board.
The COVID-19 pandemic altered patterns of food and beverage consumption due to market closures and a reduced workforce. Governments in a number of nations have imposed limitations on industrial procedures, transportation, and the acquisition of raw materials in order to enforce social separation. These limitations limited the manufacturing capacity of food robot companies and hindered total market income during the pandemic. But over the coming few years, the market is probably going to return to its previous growth trajectory.Due to rising food production as the global population rises and expanding supply for more efficient food processing, the need for culinary robots is developing quickly. Additionally, as the food sector makes more technological investments during the projected period, the market for cooking robots is anticipated to grow.The increased focus on food safety and sanitation, soaring automation trends in end-user industries like the food and beverage sector, growing preference for robotics-as-a-service, rapidly expanding technological developments for food robotic systems, and growing use of computer vision systems and machine intelligence technologies are all contributing to the explosive growth of the global cooking robot market.