Our in-depth analysis of the global market includes the following segments
The global cooking robot market has been segmented on the basis of end user into residential and commercial. The commercial end user segment registered the largest share and held a value of USD 77693.2 thousand in the year 2019. Additionally, the segment is further anticipated to reach a value of USD 295169.5 thousand by the end of 2036 by growing at a CAGR of 16.28% during the forecast period. In the modern competitive and highly advanced business environment, the emergence of the cooking robot market is becoming significant for various commercial end-user applications. The major factors related to the emergence of robots for commercial use include reduced human interference, increased work efficiency, automatic controls over the cooking parameters, customizations according to the customer requirement, consistency, and others. The rising concerns in the commercial end-user applications for manpower & chef availability, increasing wastage of food, rising CO2 emission, and other factors have raised the need for the deployment of cooking robots. The commercial end user segment is further divided into fast food restaurants, fine dining restaurants, café, contracted food services, ghost kitchens, food trucks, convenience stores, retailers/grocers and small scale/regional FM.
Author Credits: Abhishek Verma
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