Articulated robots by type had the largest market share in 2016.
The global food robotics market is estimated at $1.37 billion in 2017, and is projected to reach $2.5 billion by 2022, at a CAGR of 12.80% during the forecast period, according to a report published by MarketsandMarkets, New York.
The study, "Food Robotics Market by Type, Application (Palletizing, Packaging, Repackaging, Pick & Place, Processing), Payload (Low, Medium, Heavy) & Region - Forecast to 2022,” reveals that articulated robots by type had the largest market share in 2016. Articulated robots can range from simple 2-joint robots to complex 10-joint ones. The more joints an articulated robot has, the greater its range of motion, making it flexible for food processing. Moreover, articulated robots have a wide variety of payload capacities, which makes them useful in the food industry.