Food Robotics Market Report: Trends and Projections 2020-2026
According to a report titled "Food Robotics Market by Type (Articulated, Cartesian, SCARA, Parallel, Collaborative, Cylindrical), Payload (Heavy, Medium, Low), Function (Palletizing, Packaging, Repackaging, Picking, Processing), Application, and Region - Trends & Forecast to 2026" by MarketsandMarkets, the global food robotics market is estimated to have been valued at USD 1.9 billion in 2020. It is projected to reach USD 4.0 billion by 2026, exhibiting a compound annual growth rate (CAGR) of 13.1% during the forecast period.
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