The cooking robot market size has grown rapidly in recent years, increasing from $3.34 billion in 2023 to $3.79 billion in 2024, with a compound annual growth rate (CAGR) of 13.4%. This growth is attributed to the rising demand for automation, high labor costs, technological innovations, consumer demand for consistency, improved battery technology, and the influence of early adopters. The market is expected to continue its rapid growth, reaching $6.31 billion by 2028 at a CAGR of 13.6%. This anticipated growth is driven by increased awareness of health and nutrition, demands for energy efficiency, customization capabilities, an aging population, the influence of the pandemic, and global urbanization. Key trends during the forecast period include AI and predictive cooking technologies, enhanced interactivity, multi-functional capabilities, IoT connectivity, integration with augmented reality (AR), improved safety features, and the use of sustainable materials.
Global Cooking Robot Market Key Driver
The expanding commercial food service industry is expected to drive the growth of the cooking robot market. This industry includes businesses that prepare and serve food and beverages for profit. The expansion is driven by the popularity of fast-casual restaurants, higher disposable incomes, and innovations such as online ordering and digital payments. Cooking robots streamline operations in the commercial food service industry by controlling costs, maintaining consistency, and ensuring high standards of food safety and quality. For instance, in June 2024, the US Bureau of Labor Statistics reported that the number of establishments in food services and drinking places increased by 4.28% from 695,817 in Q1 2023 to 711,159 in Q4 2023. Therefore, the expanding commercial food service industry is driving the cooking robot market.
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Global Cooking Robot Market Segments
The cooking robot market covered in this report is segmented –
1) By Robot Type: Cobots, Selective Compliance Assembly Robot Arm (SCARA), Delta Robots, Other Robot Types
2) By Application: Beverage Making, Meat Processing, Fast Food Preparation, Other Applications
3) By End-User: Commercial, Residential
By Geography:The regions covered in the cooking robot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the cooking robot market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Cooking Robot Industry Players
Xiaomi Inc., Epson Corp., Yaskawa Electric Corporation, KUKA AG, Stäubli International AG., Bastian Solutions LLC, Mayekawa Mfg. Co. Ltd., Solo Gelato Ltd., Bear Robotics Inc., Miso Robotics Inc., Briggo, Inc., Chefee Robotics Inc., Starship Technologies Inc., Picnic Works Inc, Cecilia AI Ltd, Dexai Robotics Inc., Karakuri Ltd., Kitchen Robotics ltd., Milkit Ltd., Nala Robotics Inc., Truebird Inc., Wilkinson Baking Company, SavorEat Ltd., Chowbotics Ltd, Euphotic Labs Pvt Ltd, Moley Robotics Ltd
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Cooking Robot Market Overview
A cooking robot refers to an automated device designed to assist in or perform cooking tasks with precision and efficiency. They are equipped with advanced technologies to create consistent and high-quality meals. These robots are used in both residential and commercial settings, offering benefits such as increased productivity, reduced labor costs, and enhanced food safety.
Cooking Robot Global Market Report 2023 provides data on the global cooking robot market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The cooking robot market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
