The robot kitchen market size has grown exponentially in recent years. It will grow from $2.73 billion in 2023 to $3.35 billion in 2024 at a compound annual growth rate (CAGR) of 22.7%. The growth observed during the historical period can be attributed to several factors, including automation and enhanced efficiency, escalating labor costs, shifting consumer preferences towards convenience, ongoing innovation and heightened competition within the market, as well as increasing concerns regarding food safety and hygiene standards.
The robot kitchen market size is expected to see rapid growth in the next few years. It will grow to $5.94 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. The increase projected for the upcoming period is due to several factors, including progress in artificial intelligence, integration with smart homes, the emergence of cloud-connected kitchens, improved human-machine interfaces, and the emphasis on sustainability and eco-friendly attributes. Key trends anticipated during this period encompass technological advancements, heightened connectivity, the utilization of blockchain technology for food safety, integration of artificial intelligence (AI), and the continued expansion of connectivity.
The anticipated surge in smart home adoption is poised to propel the expansion of the robot kitchen market in the foreseeable future. Smart homes, characterized by internet-enabled appliances and devices controllable remotely via networked devices, create an intelligent environment conducive to automated cooking and activity monitoring within robot kitchens. For instance, findings from a June 2023 survey conducted by Samsung Electronics Co. Ltd., a subsidiary of Samsung Electronics based in South Korea, revealed that 86% of UK homebuyers would contemplate a smart home for their next property, willing to pay an additional $22,860 (£18,000) for it. Moreover, nearly 40% of Gen Z buyers express a preference for their next property to be a smart home. Consequently, the rising uptake of smart homes emerges as a key driver propelling the growth trajectory of the robot kitchen market.
Major players within the robot kitchen market are increasingly directing their efforts towards the development of robot-operated, AI-driven restaurants as a strategic approach to gain a competitive advantage. These establishments employ robotics and automation technologies to handle various kitchen tasks encompassing food preparation, cooking, serving, and cleaning. An exemplar of this trend occurred in November 2023 when Remy Robotics, a Spain-based AI company specializing in food service, introduced its automated cooking robots through the launch of a novel concept restaurant named Better Days in New York City. This restaurant leverages Remy Robotics' robotics platform to orchestrate its operations, featuring a menu focused on health-conscious offerings within a compact physical dining space. Better Days operates as a storefront devoid of human presence, with food preparation conducted off-site and assembly managed by robots on-site. The utilization of AI-powered machines enables the restaurant to consistently deliver a diverse menu of high-quality, nutritious food items at an affordable price point. Furthermore, the robotic kitchen functions sans traditional ventilation systems or human oversight, underscoring the industry's movement towards labor-saving technological advancements.
In August 2023, Circus, a food tech company based in Germany, acquired Aitme for an undisclosed sum. The acquisition's objective is to incorporate state-of-the-art kitchen robotics technology from Aitme into Circus's micro-kitchens, enhancing its AI-generated culinary selections, reducing cooking durations, and minimizing food wastage. This move seeks to broaden Circus's offerings and expedite its goal of offering fresh and diverse food options to a wider audience. Aitme, based in Germany, specializes in the development of fully automated robotic kitchens.
Major companies operating in the robot kitchen market report are Samsung Electronics Co. Ltd., Sony Group Corporation, LG Corporation, Panasonic Holdings Corporation, ABB Group (ABB Robotics), Nvidia Corporation, Yaskawa Electric Corporation, KUKA AG, Armstrong Robotics, HeroX, Sweetgreen, Pal Robotics, Bear Robotics Inc., Boston Dynamics, QSR Automations, Zimplistic Inventions, Dishcraft Robotics, Niryo Robotics SAS, Savioke, Remy Robotics, Soft Robotics, Wilkinson Baking Company (BreadBot), Nymble Labs, Dexai Robotics, Moley Robotics, Miso Robotics, Xrobotics.
North America was the largest region in the robot kitchen market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robot kitchen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the robot kitchen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A robot kitchen encompasses a kitchen setup utilizing robots for food preparation, cooking, and serving. These robots streamline cooking procedures, offering convenience and efficiency by managing tasks such as chopping, stirring, and cooking to simplify meal prep. They are employed across diverse kitchen settings, including fast-food establishments, automated restaurants, and kitchens.
Robot kitchens typically fall into two main categories such as hardware and software. Hardware comprises the physical and electronic components of a computer, performing tasks such as data calculation, information storage, input processing, and output provision. Various types of robots, such as 6-axis, Cartesian, delta, SCARA (selective compliance assembly robot arm), among others, cater to different applications such as household and commercial usage.
The robot kitchen market research report is one of a series of new reports that provides robot kitchen market statistics, including robot kitchen industry global market size, regional shares, competitors with a robot kitchen market share, detailed robot kitchen market segments, market trends and opportunities, and any further data you may need to thrive in the robot kitchen industry. This robot kitchen market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The robot kitchen market consists of revenues earned by entities by providing services such as installation and integration of dishplates, chopping, stirring, mixing, baking, meal preparation and customization services. The market value includes the value of related goods sold by the service provider or included within the service offering. The robot kitchen market also includes sales of automated cooking appliances, robotic food processors, smart ovens and baking robots, smart kitchen appliances, robotic refrigerators, and pantries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The robot kitchen market size is expected to see rapid growth in the next few years. It will grow to $5.94 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. The increase projected for the upcoming period is due to several factors, including progress in artificial intelligence, integration with smart homes, the emergence of cloud-connected kitchens, improved human-machine interfaces, and the emphasis on sustainability and eco-friendly attributes. Key trends anticipated during this period encompass technological advancements, heightened connectivity, the utilization of blockchain technology for food safety, integration of artificial intelligence (AI), and the continued expansion of connectivity.
The anticipated surge in smart home adoption is poised to propel the expansion of the robot kitchen market in the foreseeable future. Smart homes, characterized by internet-enabled appliances and devices controllable remotely via networked devices, create an intelligent environment conducive to automated cooking and activity monitoring within robot kitchens. For instance, findings from a June 2023 survey conducted by Samsung Electronics Co. Ltd., a subsidiary of Samsung Electronics based in South Korea, revealed that 86% of UK homebuyers would contemplate a smart home for their next property, willing to pay an additional $22,860 (£18,000) for it. Moreover, nearly 40% of Gen Z buyers express a preference for their next property to be a smart home. Consequently, the rising uptake of smart homes emerges as a key driver propelling the growth trajectory of the robot kitchen market.
Major players within the robot kitchen market are increasingly directing their efforts towards the development of robot-operated, AI-driven restaurants as a strategic approach to gain a competitive advantage. These establishments employ robotics and automation technologies to handle various kitchen tasks encompassing food preparation, cooking, serving, and cleaning. An exemplar of this trend occurred in November 2023 when Remy Robotics, a Spain-based AI company specializing in food service, introduced its automated cooking robots through the launch of a novel concept restaurant named Better Days in New York City. This restaurant leverages Remy Robotics' robotics platform to orchestrate its operations, featuring a menu focused on health-conscious offerings within a compact physical dining space. Better Days operates as a storefront devoid of human presence, with food preparation conducted off-site and assembly managed by robots on-site. The utilization of AI-powered machines enables the restaurant to consistently deliver a diverse menu of high-quality, nutritious food items at an affordable price point. Furthermore, the robotic kitchen functions sans traditional ventilation systems or human oversight, underscoring the industry's movement towards labor-saving technological advancements.
In August 2023, Circus, a food tech company based in Germany, acquired Aitme for an undisclosed sum. The acquisition's objective is to incorporate state-of-the-art kitchen robotics technology from Aitme into Circus's micro-kitchens, enhancing its AI-generated culinary selections, reducing cooking durations, and minimizing food wastage. This move seeks to broaden Circus's offerings and expedite its goal of offering fresh and diverse food options to a wider audience. Aitme, based in Germany, specializes in the development of fully automated robotic kitchens.
Major companies operating in the robot kitchen market report are Samsung Electronics Co. Ltd., Sony Group Corporation, LG Corporation, Panasonic Holdings Corporation, ABB Group (ABB Robotics), Nvidia Corporation, Yaskawa Electric Corporation, KUKA AG, Armstrong Robotics, HeroX, Sweetgreen, Pal Robotics, Bear Robotics Inc., Boston Dynamics, QSR Automations, Zimplistic Inventions, Dishcraft Robotics, Niryo Robotics SAS, Savioke, Remy Robotics, Soft Robotics, Wilkinson Baking Company (BreadBot), Nymble Labs, Dexai Robotics, Moley Robotics, Miso Robotics, Xrobotics.
North America was the largest region in the robot kitchen market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the robot kitchen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the robot kitchen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A robot kitchen encompasses a kitchen setup utilizing robots for food preparation, cooking, and serving. These robots streamline cooking procedures, offering convenience and efficiency by managing tasks such as chopping, stirring, and cooking to simplify meal prep. They are employed across diverse kitchen settings, including fast-food establishments, automated restaurants, and kitchens.
Robot kitchens typically fall into two main categories such as hardware and software. Hardware comprises the physical and electronic components of a computer, performing tasks such as data calculation, information storage, input processing, and output provision. Various types of robots, such as 6-axis, Cartesian, delta, SCARA (selective compliance assembly robot arm), among others, cater to different applications such as household and commercial usage.
The robot kitchen market research report is one of a series of new reports that provides robot kitchen market statistics, including robot kitchen industry global market size, regional shares, competitors with a robot kitchen market share, detailed robot kitchen market segments, market trends and opportunities, and any further data you may need to thrive in the robot kitchen industry. This robot kitchen market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The robot kitchen market consists of revenues earned by entities by providing services such as installation and integration of dishplates, chopping, stirring, mixing, baking, meal preparation and customization services. The market value includes the value of related goods sold by the service provider or included within the service offering. The robot kitchen market also includes sales of automated cooking appliances, robotic food processors, smart ovens and baking robots, smart kitchen appliances, robotic refrigerators, and pantries. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Robot Kitchen Market Characteristics3. Robot Kitchen Market Trends And Strategies32. Global Robot Kitchen Market Competitive Benchmarking33. Global Robot Kitchen Market Competitive Dashboard34. Key Mergers And Acquisitions In The Robot Kitchen Market
4. Robot Kitchen Market - Macro Economic Scenario
5. Global Robot Kitchen Market Size and Growth
6. Robot Kitchen Market Segmentation
7. Robot Kitchen Market Regional And Country Analysis
8. Asia-Pacific Robot Kitchen Market
9. China Robot Kitchen Market
10. India Robot Kitchen Market
11. Japan Robot Kitchen Market
12. Australia Robot Kitchen Market
13. Indonesia Robot Kitchen Market
14. South Korea Robot Kitchen Market
15. Western Europe Robot Kitchen Market
16. UK Robot Kitchen Market
17. Germany Robot Kitchen Market
18. France Robot Kitchen Market
19. Italy Robot Kitchen Market
20. Spain Robot Kitchen Market
21. Eastern Europe Robot Kitchen Market
22. Russia Robot Kitchen Market
23. North America Robot Kitchen Market
24. USA Robot Kitchen Market
25. Canada Robot Kitchen Market
26. South America Robot Kitchen Market
27. Brazil Robot Kitchen Market
28. Middle East Robot Kitchen Market
29. Africa Robot Kitchen Market
30. Robot Kitchen Market Competitive Landscape And Company Profiles
31. Robot Kitchen Market Other Major And Innovative Companies
35. Robot Kitchen Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Robot Kitchen Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on robot kitchen market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for robot kitchen? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The robot kitchen market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Hardware; Software2) By Robot Type: 6-Axis; Cartesian; Delta; Selective Compliance Assembly Robot Arm (SCARA); Other Robot Types.
3) By Application: House; Commercial; Other Applications
Key Companies Mentioned: Samsung Electronics Co. Ltd.; Sony Group Corporation; LG Corporation; Panasonic Holdings Corporation; ABB Group (ABB Robotics)
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Samsung Electronics Co. Ltd.
- Sony Group Corporation
- LG Corporation
- Panasonic Holdings Corporation
- ABB Group (ABB Robotics)
- Nvidia Corporation
- Yaskawa Electric Corporation
- KUKA AG
- Armstrong Robotics
- HeroX
- Sweetgreen
- Pal Robotics
- Bear Robotics Inc.
- Boston Dynamics
- QSR Automations
- Zimplistic Inventions
- Dishcraft Robotics
- Niryo Robotics SAS
- Savioke
- Remy Robotics
- Soft Robotics
- Wilkinson Baking Company (BreadBot)
- Nymble Labs
- Dexai Robotics
- Moley Robotics
- Miso Robotics
- Xrobotics
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.35 Billion |
Forecasted Market Value ( USD | $ 5.94 Billion |
Compound Annual Growth Rate | 15.4% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |