The global food and beverage robotic system integration market for pick and place application is estimated to be valued at US$ 17.5 million in 2017 and is projected to reach US$ 40.1 million by 2025, according to a new market research report Global Food and Beverage Robotic System Integration Market for Pick and Place Application Report, by End-use Industry (Bakery and Confectionery Industry, Fruits and Vegetable Industry, Beverage Industry, Meat Industry, Dairy Industry, and Others) and by Geography.
The North America market is projected to reach US$ 11.12 million by 2025 with a CAGR of 11.02%. Increasing demand for robotics for application in various industries has become one of the key factors for growth of this market. According to Robotic Industries Association, in 2015, a total of 31,464 robots valued at US$ 1.8 billion were ordered by North American companies of different industries, an increase of 14% in units and 11% in revenue over previous year. This increasing adoption of robotics in North American countries fuels the market of food robotic which parallely accelerates the market of pick and place robotic system integrator market.
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