Introduction to Cooking Robots
Cooking robots are strategically a new concept that induces different types of robots for cooking applications. These robots are designed specifically for use in the cooking of food and they are especially built with food grade materials that do not contaminate the food. Cooking robots can be of single arm, such as that of a SCARA robot, or can be a collaborative robot with multiple functionalities. Cooking robots usually are equipped with artificial intelligence technologies that help in the greater adoption of the robots for use in the preparation of different types of cuisines in restaurant food chains.
Market Size and Forecast
The global cooking robot market is thriving on the back of the growing trends for automation in the hotel and hospitality industry, coupled with the growing investments by several large restaurant chains for automation of their processes. On the other hand, the increasing sales of retail and food services around the world, which is raising the need amongst food chain operators to increase their efficiency speed for faster delivery of food is also anticipated to promote towards the growth of the global cooking robot market. According to the statistics by the United Census Bureau, in the United States, sales for retail and food services increased from USD 4283737 million in the year 2010 to USD 6023408 million in the year 2018.
The global cooking robot market is anticipated to record a significant CAGR throughout the forecast period, i.e. 2021-2028. The market is segmented by robot type into articulated, collaborative, cartesian, SCARA, parallel, cylindrical and others. The collaborative robot segment is anticipated to hold the largest market share on the back of the multi-functional capabilities of the robot type. Collaborative robots are designed to work in coordination with humans in a kitchen setup. Moreover, these robots are also equipped with machine learning and artificial intelligence technologies that make them eligible to be used for cooking different type of cuisines. On the other hand, many kitchen robot manufacturers develop customized collaborative robots, based upon the requirement of the client, as collaborative robots can be easily customized based on individual preferences. Such factors are anticipated to drive the growth of the collaborative robot segment in the global cooking robot market over the forecast period. CLICK TO DOWNLOAD SAMPLE REPORT
Growing Concerns for The Global Pandemic COVID-19
According to the statistics by the World Health Organization (WHO), the total number of active confirmed cases of coronavirus disease around the world as on 15th of July 2020 constituted to 13,119,239 numbers. Further, the total number of deaths caused due to the virus constituted to 573,752 numbers.
The global pandemic has changed the way people used to live their lives. The trending term, popularly known as the “The New Normal”, has changed the traditional way of working processes. Stringent norms taken by nations worldwide to restrict the spread of the virus, has also led several businesses change their business model to survive the current scenario. As such, restaurants, and fast food chains are one such sector which has adopted takeaway of packaged food instead of sit and dine culture. Although the process has helped several businesses to survive throughout the days, yet with the growing cases of the global pandemic, businesses in the sector are looking forward to reduce the human contact with the cooking processes of the food that are served to customers. Such a factor is resulting in the greater adoption of robots that can cook, which is one of the major factors anticipated to drive the growth of the global cooking robot market over the forecast period.
Growing Adoption of Robots Across End User Industries
According to the statistics by the International Federation of Robotics (IFR), global robot installations around the world increased by 6% to 422,271 units in the year 2018, which was recorded to be worth USD 16.5 billion, is further anticipated to reach around 583,520 units by the end of 2022 by growing at 12% per year on average from 2020 to 2022.
The growing trend of industrial automation across several end user industries, along with the growing trends of Industry 4.0, along with internet of things (IoT) and industrial internet of things (IIoT), backed by the advancements in artificial intelligence (AI) and machine learning (ML), have led to the increasing adoption of robots across the end user industries. Robots help to automate processes, which further results into greater efficiency, helping businesses gain a competitive edge as well maximize their profit. As such, cooking robots too contribute to the automation of kitchen processes in the hotel and hospitality industry, which is anticipated to drive the growth of the global cooking robot market throughout the forecast period.
Increasing Food Safety Regulations Worldwide
According to the statistics by the World Health Organization (WHO), around 600 million people globally fall ill after eating contaminated food. Further, the statistics also stated that 420,000 people die every year for consuming contaminated food.
Consumption of contaminated food by individuals can cause severe health issues. The increasing awareness for the ill health effects of consuming contaminated food has raised the need amongst food safety organizations worldwide to develop strict norms and regulations that help to control contamination of food. Utilization of cooking robots in the kitchens of hotel and hospitality industry reduces the human contact during the process of cooking of food, resulting in lowering the chances of a possible contamination of the food, which is anticipated to drive the growth of the global cooking robot market over the forecast period.
High Cost of Cooking Robots
The concept of cooking robot is not that established till date. Many manufacturers are still developing robots with greater capabilities. As these robots require high level of customization and time for development, hence the price of these robots are extremely high, impacting the overall adoption of these robots, especially amongst the small fast food chain outlets, which is anticipated to hamper the growth of the global cooking robot market.
Our in-depth analysis of the global cooking robot market includes the following segments:
By Robot Type
By Pay Load
On the basis of regional analysis, the global cooking robot market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
The market in North America is anticipated to hold the largest market share on the back of the presence of several large fast food supply chains, who can deploy cooking robots in their food processing premises. According to the statistics by the National Restaurant Association of America, the region is anticipated to record sales worth USD 899 billion in the year 2020, along with more than 1 million restaurant locations by the end of 2020. On the other hand, the market in Asia Pacific is anticipated to grow with a significant market share on account of the presence of nations such as China, which boasts of having a robust infrastructure for the development of advanced robotic systems that supports artificial intelligence along with machine learning.
The global cooking robot market is further classified on the basis of region as follows:
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