Cooking Robot Market To Reach USD 443.89 Million by Year 2030

The Global Cooking Robot Market size is expected to grow from USD 134.75 million in 2022 to USD 443.89 million by 2030, at a CAGR of 16.07% during the forecast period (2023-2030).

Cooking Robot

The Global Cooking Robot Market size is expected to grow from USD 134.75 million in 2022 to USD 443.89 million by 2030, at a CAGR of 16.07% during the forecast period (2023-2030).

A robotic chef who could follow any recipe would find many uses in both domestic and commercial settings because cooking is one of the most significant activities that take place in the home. Additionally, the word "robot" derives from the Czechoslovak word "robota," which denotes forced labor. Robots, according to the International Standards Organization, are mobile or fixed manipulating devices with many degrees of freedom that can be used in industrial automation applications. They are automatically controlled, reprogrammable, versatile, and have various degrees of freedom. Robots are more widely defined as machines that do tasks in place of living beings. Many foods and beverage companies are starting to realize the advantages of utilizing robots to increase their efficiency, from mixing cocktails to flipping burgers. The revolution in automation has started. It is not surprising that robots for the food and beverage business are becoming increasingly prevalent as technology and AI become more widely available.

Top Key Players for Cooking Robot Market:

Moley Robotics, ABB Group, Café X, KUKA Robotics, Motoman Robotics, Stäubli Group, Miso Robotics, Mechanical Chef, Picnic, Admatic Solutions (RoboChef), The Wilkinson Baking Company, Chowbotics, Karakuri Ltd., Creator, Briggo Inc., DENSO Robotics, FANUC Robotics America, Applied Robotics, and Other Major Players.

Market Dynamics and Factors for Cooking Robot Market:

Drivers:

Augmenting Adoption of Digitalization Across the Food and Beverage Industry

By utilizing cutting-edge digital technologies like big data analytics, IT/OT convergence, digital twins, artificial intelligence, 3D printing, and automation, corporate operations can be made more efficient. IoT and AI are assisting businesses in achieving high standards of food safety, enhancing traceability, decreasing waste, lowering prices, and minimizing hazards throughout the many phases of food processing and packaging. Digitalization has recently emerged as a crucial factor in the automation process, with AI accelerating operational productivity by raising worker productivity.

Opportunities:

Developments in Robotic Technologies

The continuous advancements in robotic technologies have paved the way for significant opportunities within the Cooking Robot Market. These innovations are revolutionizing the culinary landscape by offering automated solutions that cater to both professional chefs and home cooks. Cooking robots equipped with sophisticated sensors, artificial intelligence, and machine learning algorithms can precisely measure ingredients, follow intricate recipes, and adjust cooking techniques for optimum results. This technology not only enhances precision and consistency in food preparation but also addresses labor shortages in the hospitality industry. As these robots become more accessible and versatile, the Cooking Robot Market is poised to experience substantial growth.

Segmentation Analysis of the Cooking Robot Market:

  • By Robot Type, the SCARA segment is expected to hold the maximum market share during the forecast period. The SCARA term means Selective Compliance Assembly Robot Arm, and the term SCARA was initially used to describe robots in the 1980s in Japan. The main characteristic of the SCARA robot is that it has a jointed 2-link arm that, while operating on a single plane, somewhat resembles the human arm. This feature allows the arm to extend and retract (fold) into confined spaces, making it suitable for picking and placing objects from one place to another or reaching inside enclosures.
  • By Application, the beverages segment is projected to grow at the highest CAGR during the forecast period. The necessity to meet consumer demand, uphold quality, consistency, and hygiene, as well as optimize production, is driving this segment's rapid expansion. Numerous robotic firms continue to develop cutting-edge solutions that decrease waste, increase profit, and improve the safety of the food supply as food and beverage operators seek even better precision and safety from their production operations.

Regional Analysis of the Cooking Robot Market:

North America, which consists of the US and Canada, is expected to continue to have a leading position in the global cooking robot market throughout the projected period. The need for AI-driven robots for the commercial kitchen to give kitchen help in restaurants and the food and beverage industries has increased as a result of the rapid technological advancement in the US. Some significant market participants are now working on new items for the US market, and some have even already done so. Robotic cooks now have a chance to serve busy commercial kitchens due to the growing need for improved technology in the kitchen setup.

Key Industry Development:

  • In January 2021, At CES 2021, one of the world's top consumer technology exhibitions, the first robotic kitchen in history was on display. The system, developed by British technology company Moley Robotics, includes a skilled robot that can produce freshly cooked meals at the push of a button and is integrated into a luxurious kitchen. A
  • In January 2021, a robotic restaurant, named Spyce, created by MIT graduates launched its second location in Harvard Square, United States.
Posted by  Saurabh Bawage
Retina Graphics

An experienced and insightful market research analyst with a keen eye for data interpretation and trend analysis, leveraging a strong background in quantitative research and qualitative research to provide valuable insights for Healthcare and Allied Industries. Experience in market research with 1 year in healthcare, Chemical, Electronics and semiconductor, Service industry, Food and Beverages, and other major domains. Worked on over 25 different projects from healthcare and other domains with the help of research methods, advanced analytical tools, and methods like SWOT, PESTEL, PORTER’s five forces, Ecosystem, and other aspects. Proficient in creating compelling business proposals, case studies, and business models for client-sponsored studies. Led the creation of impactful reports by precisely discerning client needs, identifying crucial gaps, and pinpointing strategic opportunities.