Global Kitchen Robotics and Automation Market Size, Share, Trends & Growth Forecast Report By Type (Software and Hardware), End-User (Commercial, House and Others) & Region - Industry Forecast From 2024 to 2032

Updated On: August, 2024
ID: 14829
Pages: 150

Global Kitchen Robotics and Automation Market Size (2024 to 2032)

The size of the global kitchen robotics and automation market reached USD 2.68 billion in 2023 and the global market size is anticipated to be worth USD 8.63 billion by 2032 from USD 3.05 billion in 2024, growing at a CAGR of 13.88% from 2024 to 2032.

The global kitchen robotics and automation market is projected to hit USD 3.05 billion by 2024

Robotics and automation are making their way across different industries to increase efficiency and performance. This trend has already started to make strides in the kitchen robotics and automation market and is in the initial phases of the robot revolution. In addition, AI technologies are improving cooking processes and kitchen management while transforming the manner we purchase groceries and go dining out. Also, AI undertakes to address the persistent problem of food wastage by automating superior cooking options, augmenting the market growth rate. Moreover, as labor wages or salaries have surged, systems and appliances have become more attractive as initial expenditures. The evidence of acceptance persuades investors and stakeholders to support robotics companies. Thus, currently, the market is in a feedback cycle, one in which robots have shifted to standard colleagues from semi-cost-effective connections. Apart from this, progressively more restaurant humanoids and automation are transforming the market in means great and small.

MARKET DRIVERS

Technological advancements and the need to reduce food wastage and to achieve better management by chiefs

Moreover, the cloud kitchen model resulted in the advent of kitchen automation. Similarly, in India, the modern way of living assisted by the readily available to smartphone internet users has modified or altered the way individuals look upon their upcoming meal. This transition in living culture has caused fresh business models like quick-service restaurants (QSRs), cloud kitchens and food delivery aggregators that give a broad range of options in cuisines coupled with the ease of ordering food at their immediate disposal.

The absence of quality and sufficient restaurant staff

According to the survey, it was discovered that 50% of restaurant proprietors plan to implement automation technology over the upcoming 24 to 36 months. A portion of the adoption is propelled by an incapability to find manpower. Also, the National Restaurant Association published that 4 in 5 handlers are undermanned, and total employment in the leisure and hospitality sector, which involves restaurant recruitment, has been the greatest difficulty since COVID-19, as per the information released by the Bureau of Labor Statistics.

MARKET RESTRAINTS

High investments and technical issues associated with robotics and automation

The field of robots and automation is still at its initial stage, so, hardware failures, software glitches, or technical malfunctions are believed to lead to unanticipated downtime. Apart from the financial expenditure of maintaining and repairing robotic systems, there is the hidden expense related to time off. Production delays often resulted in unsatisfied customers, higher lead times and missed deadlines. Considering the availability of different types of robots for cooking, the costs incurred in research & development, manufacturing, integrated smart features, material quality, customization options, industry demand and production scale play a crucial role in elevating the final cost of kitchen robotics and automation. On average, the entry-level robots are priced around 300 and 500 dollars, mid-range ones cost between 500 to 1000 dollars and the high-end robots are valued at more than 3000 dollars.

MARKET OPPORTUNITIES

The core reason behind the slated expansion of the kitchen robotics and automation market is the desire to revolutionize meal preparation, ensuring higher productivity, security and enjoyment. The future of automated kitchens exhibits a compelling landscape in the domain of home technology. The market will likely witness further innovations including greater human-machine interaction, sustainability, advanced artificial intelligence and accessibility and its integration with modern technologies like the Internet of Things (IoT), blockchain and surface computing. Besides this, robotic fry cooks, reasoning and finishing robots, new automated tortilla chip maker, robots for cooking wings, automated coffee systems and service stations for monitoring volume and temperature with an alerting facility for staff, automated tray on wheels like Servi, robotic bar along with entertainment and crowd handling, etc presents a huge potential for the market to expand further.

MARKET CHALLENGES

The difficulties and time-consuming process of discovering the right supplier, working out the correct production approach, and the reluctance or unwillingness of vendors to execute low-quantity manufacturing are some of the major challenges to the growth of the kitchen robotics and automation market. Moreover, the market is also constrained by the absence of transparency in pricing, lower trust levels and the lack of technical competence in product making. For instance, the production facilities in India are formed in millions and it is a tiresome and lengthy procedure to find out the right supplier for the business.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

13.88%

Segments Covered

By Type, End User and Region

 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Moley, Samsung, HeroX, NVIDIA, Sony, Miso Robotics, QSR Automations, Spyce, Seraphim, Sense, Robolink, Suvie, Picnic and Markov Corporation

 

SEGMENTAL ANALYSIS

By Type Insights

The software segment dominated the market in the global kitchen robotics and automation market

The software segment dominated the market in 2023 and is predicted to remain at the top in the global kitchen robotics and automation market throughout the forecast period. The rising implementation of advanced technology for example artificial intelligence, machine learning and the Internet of Things (IoT) in robot software is fuelling the segment’s market share. Furthermore, technical breakthroughs to manage different jobs like autonomous activities and inter-device communication will accelerate demand for the software segment, ultimately elevating the market expansion.

By End-user Insights

The commercial segment, presently, commands the kitchen robotics and automation market globally and is foreseen to expand much further over the projection period. In the current dynamic and progressive business landscape, the development of robots in the industry is growing substantially for several industrial end-user purposes. Lower human intervention, higher labor productivity, automatic controls throughout cooking environments, modifications based on consumer needs, consistency and other advantages are associated with the launch and availability of commercial robots. In addition, the increasing concerns in business end-user usage for chef and labor availability, higher food wastage, growing carbon dioxide discharge and other problems have surged the need for robot installation, further promoting the segmental expansion.

REGIONAL ANALYSIS

North America is also likely to continue to lead in the global market during the forecast period.

North America captured the largest share of the kitchen robotics and automation market in 2023.

North America is also likely to continue to lead in the global market during the forecast period. The regional market is dominated by the United States and followed by Canada. For instance, in November 2023, REMY Robotics introduced its fast-fine restaurant called Better Days in New York City (United States) which completely revolutionized restaurants by producing superior quality with healthy, cost-effective and accessible food. Similar to McDonald's utilization of the commercial automated assembly line to transform the sector and build the trillion-dollar fast food category, Remy Robotics leverages the strength of culinary engineering, robotics and AI to produce high-quality nutritious food approachable and budget-friendly. Additionally, the kitchen robotics and automation industry in Canada is noticing considerable growth, propelled by various elements. One major factor is the rising scarcity of labor or manpower encountered by the food service sector. With limited skilled or trained personnel and staff available for kitchen jobs, companies are switching to implementing automation and robotics to bridge the gap.

Europe is another notable regional market for kitchen robotics and automation worldwide.

The region is an extremely influential industry as it embraces various cooking robot designers and vendors. Eatch which is a Dutch star-tup, has innovated a robot for cooking that can produce close to 5000 meals every day. Likewise, in 2023, A robotics company based in the UK, Moley introduced cooking robots or automated chefs to be applied in residential environments. The company adjusted its current range of business robots to suit the food and budget demands of domestic robots for robots. Apart from this, the European economy is in a dicey situation due to COVID-19, the Russia-Ukraine war and high energy and food prices have elevated the demand for smart kitchens with low-cost automation.

KEY MARKET PLAYERS

Moley, Samsung, HeroX, NVIDIA, Sony, Miso Robotics, QSR Automations, Spyce, Seraphim, Sense, Robolink, Suvie, Picnic and Markov Corporation are a few of the noteworthy players in the global kitchen robotics and automation market.

RECENT MARKET HAPPENINGS

  • In June 2024, Wonderchef expanded its cutting-edge product range by revealing Chef Magic which is an all-in-one kitchen bot with more than 200 pre-installed recipes and completely automated cooking. This was done at the Consumer Electronics World Expo in Delhi (India).

MARKET SEGMENTATION

This research report on the global kitchen robotics and automation market has been segmented and sub-segmented based on type, end-user and region.

By Type

  • Software
  • Hardware
    • Sensors
    • Actuators
    • Control systems
    • Power Sources
    • Others

By End-User

  • Commercial
  • House
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

How big is the kitchen robotics and automation market?

The global kitchen robotics and automation market was worth USD 2.68 billion in 2023.

What is the CAGR of the kitchen robotics and automation market for the next 5 years?

The global kitchen robotics and automation market is anticipated to grow at a CAGR of 13.88% from 2024 to 2032.

Which region is likely to lead the kitchen robotics and automation market?

North America had the leading place in the global market in 2023 and is expected to remain its dominating position in the global market throughout the forecast period.

Who are the key players in the kitchen robotics and automation market?

Moley, Samsung, HeroX, NVIDIA, Sony, Miso Robotics, QSR Automations, Spyce, Seraphim, Sense, Robolink, Suvie, Picnic and Markov Corporation are some of the notable players in the kitchen robotics and automation market.

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