The report, titled "Cooking Robots Market" assess the regional and global market by type of robot and application, the end-user, and location. The report offers complete historical and forecasts market size along with trends analysis. The report provides an overview of market share, the capacity of production by the top players, and competition overview, as well as strategic imperatives, annual sales figures, opportunities for growth, and evaluation of competition for the main players that are analyzed in the market for cooking robots study.
Market Overview and Dynamics: Robotics-as-a-Service to grow rapidly during the forecast period
The market for cooking robots is anticipated to grow by more than 15% in the period 2022-2028. Technology advancements and the growing demand for service robots that are professional in the HoReCa sector will propel the market forward.
The appearance of robots in the marketplace is expected for any commercial purposes like cooking and technologically sophisticated business settings. The professional service robot is now essential to the cooking process in HoReCa, with the substantial incorporation of new technologies like visual recognition and prediction of failure. Additionally, technological advances in the food and beverages industry are also contributing to an increase in the use of cooking robots.
North America is the key region in the global cooking robots market, which is mainly driven by the increasing demand for robots powered by AI designed for commercial kitchens for kitchen assistance in food and beverage industries throughout Canada and the US. The presence of a significant number of players in the industry is contributing to the growth of regional industries. Additionally, Europe is also expected to become a prominent region due to the significant growth in the use of robots within HoReCa. The UK, Germany, and France are expected to be appealing European countries over the forecast period.
• Through Application and cocktails making machines are expected to increase in popularity at a rapid rate due to the increasing emphasis on product innovation and the rapid adoption of a variety of drinks.
• Based on the end user analysis, the commercial segment will always dominate the market. However, it is anticipated that there will be a significant increase in the sales of cooking robots across the residential sector.
• Based on the region, North America and Western Europe together are predicted to be the leading market for cooking robots due to the huge investment in product development, as well as the rapid growth in adoption.
Competition Analysis: Regional Players Dominate the Domestic Markets
The global cooking robot market is characterized by the presence of a few players who are enjoying a leading position in the global market. Nevertheless, start-ups are paying their way in the prolific cooking robot market by providing products specific to customers’ needs. Some of the leading players involved in the development, manufacturing, and marketing of cooking robots include Miso Robotics, Inc., Mechanical Chef, Moley Services UK Ltd., Picnic Works, Inc., Café X Technologies Limited, Wilkinson Baking Company, Chowbotics Inc., Karakuri Ltd., Creator, Nymble Labs Private Ltd., Vesta Cooking Robot Co., Limited, Euphotic Labs (Let’s Nosh), Tahi Technologies Inc. (Else Labs), Kingclean Electric Co., Ltd., and Briggo Inc., among others.
Mergers & acquisitions, product innovations, launches, and partnerships are the identified strategies in the global cooking robot market. Some of the key developments of the market include,
• In January 2021, a robotic restaurant, named Spyce, created by MIT graduates opened its second location in Harvard Square, United States.
• In May 2020, Miso Robotics announced its partnership with Pathspot. This was aimed to advance healthier commercial cooking environments, improving safety standards in kitchens to address the needs of the restaurant industry.
RationalStat has segmented the global cooking robots market on the basis of robot type, application, end-user and region.
• By Robot Type
o Others (Delta)
• By Application
o Burgers & Sandwich
o Coffee & Cocktails
o Others (Bowl, Pasta)
• By End User
Quick Service Restaurants (QSR)
Fine Dining Restaurants
Others (Ghost Kitchens)
• By Region
o North America
o Latin America
Rest of Latin America
o Western Europe
Rest of Western Europe
o Eastern Europe
Rest of Eastern Europe
o Asia Pacific
ASEAN (Indonesia, Vietnam, Malaysia, etc.)
Rest of Asia Pacific
o Middle East & Africa
Rest of the Middle East & Africa
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