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Food Robotics Market to Be Worth $2.8 Billion by 2031 – Exclusive Report by Meticulous Research®

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REDDING, Calif., June 4, 2024 /PRNewswire/ — According to a new market research report titled, ‘Food Robotics Market Size, Share, Forecast, & Trends Analysis by Type (Articulated Robots [SCARA, Six-axis Robots], Delta & Parallel, Collaborative, Cartesian, Cylindrical, Portal), Payload, Application, End Use  – Global Forecast to 2031′, the food robotics market is expected to reach $2.8  billion by 2031, at a CAGR of 11.6% from 2024 to 2031.

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In the food industry, robotics plays a crucial role in addressing labor shortages, boosting productivity, and meeting evolving consumer demands. Food robotics encompasses the utilization of robotics technology across various aspects of food and beverage production, processing, packaging, and service. It involves leveraging automated systems and robots to execute tasks that human workers traditionally perform in the food industry. These technologies are deployed to automate various operations in food production facilities, including ingredient handling, mixing, cooking, and assembly processes.

The growth of this market is driven by factors such as increasing food safety regulations, rising investments in robotics by food & beverage companies, increasing digitalization in the food & beverage sector, and a growing focus on efficient food packaging. Furthermore, the rising demand from emerging economies is expected to create market growth opportunities. However, the high installation costs may restrain market growth. Additionally, the low adoption of robotics among SMEs in the food & beverage sector is a significant challenge impeding the market’s growth.

The food robotics market is segmented by type, payload, application, end use, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

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Based on type, the global food robotics market is broadly segmented into articulated robots, delta & parallel robots, collaborative robots, cartesian robots, cylindrical robots, and portal robots. In 2024, the articulated robots segment is expected to account for the largest share of 37.8% of the food robotics market. The large market share of this segment can be attributed to the high load capacity and flexibility offered by these robots, growing emphasis on controlling food contamination, increasing use of autonomous mobile robots (AMRs) equipped with articulated arms for inventory management in warehouses and distribution centers, and growing use of articulated robots in the food industry for pick and place operations, packaging applications, and sorting and inspecting food products. However, the collaborative robots segment is projected to witness the highest growth rate during the forecast period of 2024–2031.

Based on payload, the global food robotics market is broadly segmented into high, low, and medium payload. In 2024, the medium payload segment is expected to account for the largest share of 47.2% of the food robotics market. This segment’s large market share can be attributed to advancements in medium payload robots designed for packaging, food handling, and pick-and-place applications, coupled with enhancements in gripping technology and the integration of vacuum assistance. However, the low payload segment is projected to witness the highest growth rate during the forecast period of 2024–2031.

Based on application, the global food robotics market is broadly segmented into palletizing & depalletizing, packaging & repacking, pick & place, cutting & slicing, grading & sorting, butchery, quality inspection, and other applications. In 2024, the palletizing & depalletizing segment is expected to account for the largest share of 28.2% of the food robotics market. This segment’s large market share can be attributed to the growing use of robots for loading & unloading boxes, bags, cases, bottles, cartons, and other items to or from pallets. These robots improve throughput, enhance quality, provide better working conditions, and improve operational efficiency. However, the packaging & repacking segment is projected to witness the highest growth rate during the forecast period of 2024–2031.

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Based on end use, the global food robotics market is broadly segmented into dairy, beverages, bakery & confectionery, meat, poultry, and seafood, fruits and vegetables, oil & fats, and other end uses. In 2024, the dairy segment is expected to account for the largest share of 27.3% of the food robotics market. The large market share of this segment can be attributed to the growing need to improve quality and productivity and reduce production costs, the rising demand for high-quality dairy products, and various government initiatives to promote the dairy sector. The implementation of robots in the dairy processing industry provides safety, quality, and profitability by optimizing process monitoring and control. Robots help in efficiently handling and managing complex repetitive tasks such as treating & manufacturing raw milk and filling & packaging of milk and milk-based products such as butter, ice cream, yogurt, cheese, and milk powder. However, the beverages segment is projected to witness the highest growth rate during the forecast period of 2024–2031.

Based on geography, the global food robotics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of 48.2% of the global food robotics market, followed by North America and Europe. Asia-Pacific’s significant market share can be attributed to the growing awareness regarding food hygiene and safety, the increasing demand for automated solutions to enhance efficiency and productivity in food manufacturing and packaging processes, the significant advances in technology, including AI, IoT, and robotics, stringent food safety regulations, and the widespread adoption of autonomous robots to manage inventory, track stock levels, and optimize warehouse operations for food storage and distribution, and quality inspection of food products. Moreover, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period.

The report also includes an extensive assessment of the key growth strategies adopted by the leading market participants over the past three to four years. The key players operating in the food robotics market are ABB Ltd (Switzerland), Fanuc Corporation (Japan), Yaskawa Electric Corporation (Japan), Kuka AG(Germany), Mitsubishi Electric Corporation (Japan), Kawasaki Heavy Industries, Ltd. (Japan), Universal Robots A/S (Denmark), Stäubli International AG (Switzerland), Denso Corporation (Japan), Seiko Epson Corporation (Japan), Mayekawa Mfg. Co., Ltd. (Japan), Omron Corporation (Japan), and Autonox Robotics GmbH (Germany).

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Scope of the report:

Food Robotics Market Assessment—by Type

Articulated RobotsSCARASix-Axis RobotsOther Articulated RobotsDelta & Parallel RobotsCollaborative RobotsCartesian RobotsPortal Robots

Food Robotics Market Assessment—by Payload

Medium PayloadLow PayloadHigh Payload

Food Robotics Market Assessment—by Application

Palletizing & DepalletizingPackaging & RepackingPick-and-PlaceCutting & SlicingGrading & SortingButcheryQuality InspectionOther Applications

Food Robotics Market Assessment—by End Use

DairyBeveragesBakery & ConfectioneryMeat, Poultry, and SeafoodFruits and VegetableOil & FatsOther End Uses

Food Robotics Market Assessment—by Geography

Asia-Pacific (APAC)ChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaNew ZealandRest of Asia-Pacific (RoAPAC)EuropeGermanyU.K.FranceSpainBeneluxSwitzerlandItalyPolandAustriaCzech RepublicHungaryRomaniaSlovakiaTurkeyGreeceRest of Europe (RoE)North AmericaU.S.CanadaLatin AmericaMexicoBrazilArgentinaRest of Latin America (RoLATAM)Middle East & AfricaSouth AfricaUAESaudi ArabiaRest of Middle East & Africa (RoMEA)

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Related Report:

Food Processing Equipment Market Size, Share, Forecast, & Trends Analysis by Type (Meat, Poultry, and Seafood, Beverage, Bakery, Dairy, Fruit and Vegetable Processing Equipment), Mode of Operation (Semi-Automatic, Automatic)- Global Forecast to 2031

Packaging Machinery Market by Type (Carded Packaging Machines, Filling Machines, Labelling Machines), by Function, Automation (Automatic, Semi-automatic), End-use (Food & Beverages, Healthcare & Pharmaceuticals,) and Geography – Global Forecasts to 2030

Collaborative Robots Market by Type, Component (Hardware, Software), Payload, Application (Material Handling, Welding & Soldering, Assembling and Disassembling), and End-use Industry (Oil & Gas, Automotive, Food & Beverage) – Global Forecast to 2030

Inspection Robots Market by Type (Stationary, Mobile), Application (Visual, Ultrasonic, Photogrammetry, Laser Scanning, Thermal, Quality Inspection), End User (End Use Industry, Inspection Services), and Geography – Global Forecast to 2030

Pick and Place Robots Market by Offering (Robots, Robot Accessories, Software), Payload (Up to 15 KG, 15 KG to 30 KG, More than 30 KG), Sector (E-commerce & Logistics, Food & Beverage, Other Sectors) and Geography – Global Forecast to 2030

Industrial Robotics Market by Component (Robots, Robot Accessories), Payload (Upto 60 kg, 60–100 kg, 100–225 kg, and Above 225 kg), Application, End-use Industry, and Geography – Global Forecast to 2029

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
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California, 96001, U.S.
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Higer New V Series, Leading Bus New Trend

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SUZHOU, China, Dec. 24, 2024 /CNW/ — In November 2024, Higer New V Series buses officially launched in the Philippines, this batch of electric buses was the first batch of new energy buses introduced by the Philippines and put into commercial operation. And it has aroused extensive attentions and heated discussions from the Philippines local government, media and people.

Higer New V Series products were launched globally in March 2024, and then made a stunning debut at the Higer Global Partners Conference. The New V-series products with a new shape and a new platform are committed to creating new classic models with high quality, high safety and high intelligence.

In 3 years, more than 1000 people participated in the process of R&D, a one-time investment of more than 100 million yuan was made in the R&D and manufacturing of key components, equipment, tooling, molds, inspection tools, verification of components and vehicle, achieving comprehensive innovation, realizing a significant improvement in product quality and reliability, maintenance convenience and customer experience. Measuring from 8 to 13 meters in length, they can be powered by fossil fuels, electricity, hydrogen, etc. and are readily adaptable for the tourist transportation market, urban public transportation market, etc. The luggage compartment volume is 21.6% greater than similar products, the seating space is 50mm larger, and the middle aisle is 30mm wider. The overall component universality rate was greatly improved by the platform, modular, and universal design concept, and the number of component types decreased by 58%.

It is worth mentioning that Higer is committed to creating a technological experience, redefining the domain-centralized electronic and electrical architecture, and Higer launched the industry’s first mass-produced intelligent cabin. It will help the driver concentrate on driving. The new model provides a mobile phone control interface, drivers and tour guides can control lighting, multimedia, air conditioning, etc. through app. In addition, the intelligent cabin can be customized according to the operational needs of the transport company, realizing intelligent dispatching, intelligent charging, intelligent maintenance, AI interaction, and human-computer interaction.

So far, Higer new V series coaches have already received orders from more than 20 countries like Italy, Qatar, UAE, Saudi Arabia, Algeria and etc., showing a fast rising popularity in the international market.

Higer new V series are committed to providing customers with new “classic models” with better quality, higher efficiency, achieving sustainable development and exploring more possibilities.

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SOURCE HIGER

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European Wellness Biomedical Group Announces New Klotho Research Initiative Led by Prof. Mike Chan

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HEIDELBERG, Germany, Dec. 25, 2024 /PRNewswire/ — European Wellness Biomedical Group (EWBG) has launched a new research initiative focused on Klotho, a protein with transformative potential in longevity medicine. Led by Professor Dr. Mike Chan, this project will explore Klotho’s role in combating age-related diseases and its ability to regenerate critical organs, including the brain, kidneys, and heart.

Klotho, identified in 1997, is emerging as a key protein in longevity and regenerative medicine. It plays a pivotal role in regulating oxidative stress, mineral metabolism, and inflammation. The research will investigate how boosting Klotho levels could help address chronic conditions like neurodegenerative diseases, kidney failure, and heart disease, ultimately improving healthspan and extending lifespan.

“Klotho represents the next frontier in longevity medicine,” said Professor Mike Chan, Chief Scientist at EWBG. “Our research aims to understand how Klotho affects aging and how we can use it to treat chronic diseases that have long been associated with aging.”

Research Focus Areas

The new initiative will focus on three primary research areas:

Neurological health: Investigating Klotho’s neuroprotective effects and its potential to slow cognitive decline in diseases like Alzheimer’s and Parkinson’s.Kidney function: Examining Klotho’s role in regulating mineral metabolism and its regenerative potential in treating chronic kidney disease (CKD).Cardiovascular health: Studying Klotho’s influence on vascular function and its ability to prevent vascular calcification, a key contributor to heart disease.

This research builds on existing collaborations at EWBG, where leading scientists focus on advancing Klotho-based therapies for regenerative health.

Klotho: A Potential Breakthrough in Longevity Medicine

Klotho is gaining attention for its ability to regenerate tissues and reverse damage caused by age-related diseases. Unlike NAD+, which primarily enhances cellular metabolism and energy production, Klotho offers a broader range of therapeutic applications, including tissue regeneration, cognitive function improvement, and cardiovascular health.

As we age, Klotho levels naturally decline, leading to conditions such as cognitive decline, heart disease, and kidney failure. Research suggests that restoring Klotho levels can reverse the effects of oxidative stress, inflammation, and cellular senescence, offering new treatment possibilities for a range of age-related diseases.

Professor Mike Chan: Leading the Charge in Klotho Research

Professor Mike Chan, a leading expert in stem cell therapy and longevity medicine, is spearheading this groundbreaking initiative at EWBG. His extensive experience in bio-regenerative medicine positions him as a key figure in exploring Klotho’s potential to revolutionize the treatment of age-related diseases. Through FCTI, a subsidiary of EWBG, Professor Chan and his team are developing therapies that combine stem cell technology and Klotho proteins to stimulate tissue regeneration in the brain, kidneys, and heart.

“By harnessing Klotho’s regenerative properties, we hope to address chronic conditions that were previously untreatable,” said Professor Chan. “Our ultimate goal is to improve quality of life and provide lasting solutions for those affected by aging-related diseases.”

The Future of Klotho in Longevity Medicine

The future of Klotho-based therapies looks promising, with Professor Mike Chan and EWBG at the forefront of this innovative field. As more research is conducted, Klotho is expected to play a pivotal role in advancing longevity medicine, offering a new approach to treating aging and chronic diseases. The potential applications of Klotho are vast, from neurodegenerative disease treatment to kidney regeneration and cardiovascular health.

With strong research partnerships, significant funding, and ongoing clinical trials, Klotho is poised to become a cornerstone of longevity medicine, transforming how we approach aging and disease. Professor Mike Chan’s leadership ensures that this promising protein will soon offer new hope to those seeking longer, healthier lives.

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Apas Port Launches $20M Vehicle Loan Initiative with HARVEST FLOW on Plume Network to Empower Financial Inclusion in Emerging Countries, Starting in Cambodia

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NEW YORK, Dec. 24, 2024 /PRNewswire/ — Apas Port Co., Ltd., a Tokyo-based Web3 company dedicated to deploying “kando”—a Japanese term for deep emotional engagement—into the digital realm, has announced the launch of HARVEST FLOW, a social impact-driven cryptocurrency lending platform. Committed to “social action”ーdelivering stable returns alongside meaningful social impact, HARVEST FLOW’s inaugural project is a $20 million initiative offering loans to TukTuk and four-wheel vehicle drivers in Cambodia who don’t have access to the financial system. This venture is set to operate on Plume Network, the leading Layer 1 blockchain specialized in Real-World Asset Finance (RWAfi), offering the necessary infrastructure to transform HARVEST FLOW’s vision of financial inclusion into scalable action.

Bridging Real-World Challenges Through Blockchain Innovation

HARVEST FLOW’s mission is to empower underserved communities and small businesses by granting access to affordable financing solutions. By leveraging blockchain technology, the platform addresses critical societal issues such as poverty alleviation and economic development, creating pathways for stable financial growth while delivering measurable social impact.

The initial focus of this initiative is to provide affordable financing options for TukTuk and four-wheel vehicle drivers in Cambodia—vital tools for local livelihoods. The project not only supports job creation but also enhances financial inclusion in emerging economies.

Why Plume Network?

As the first fully integrated L1 modular blockchain tailored for RWAfi, Plume Network provides the foundation for scalable, secure, and transparent financial ecosystems. With over 180 projects onboarded in its private devnet, Plume enables seamless tokenization and distribution of RWAs through its composable, EVM-compatible infrastructure.

How Plume Powers HARVEST FLOW:

End-to-End Tokenization: Streamlines the conversion of vehicle loans into blockchain-based assets.Investor Transparency: Advanced tools to track and visualize the social and financial impact of investments.Global Scalability: Infrastructure designed to handle the growing demands of HARVEST FLOW’s multi-region projects.DeFi Integration: Unlocks liquidity through decentralized finance primitives within the Plume ecosystem.

IoT-Backed Innovation for Loan Security

HARVEST FLOW’s projects are uniquely supported by embedded IoT technology within TukTuk engines, ensuring an exceptionally low loan default rate while building investor confidence.

Justin Chen, Head of Asset Strategy at Plume Network, noted: “This project highlights the power of combining blockchain and IoT devices to create innovative financial products that drive real-world impact. We’re excited to see HARVEST FLOW’s success on Plume and the positive change it will bring to the urban motility market in Southeast Asia.”

Looking Ahead

Starting with the vehicle mobility sector through 2025, HARVEST FLOW plans to expand into other sectors addressing social challenges and needs beyond 2026. This approach aims to ensure sustainable growth while delivering meaningful societal benefits, powered by Plume’s blockchain technology.

Masaki Minamide, director of HARVEST FLOW, stated: “Plume’s infrastructure empowers us to amplify our impact and support communities in need while offering our investors transparent and reliable returns. With this launch, we continue our mission to combine blockchain technology with meaningful social action.”

For more information, visit Plume Network or contact press@plumenetwork.xyz.

About Plume Network
Plume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse RWAs. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.

About HARVEST FLOW
Founded in April 2023, Apas Port Co., Ltd. is a Web3 production company with a mission to deploy “kando” (deep emotional impact) globally. The company leverages blockchain technology to connect carefully curated content with a co-creative community, acting as a “passport” to a new world of Web3 experiences.

X: https://x.com/HarvestFlow_io
Website: https://www.harvestflow.io/

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SOURCE Plume Network

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