Market Overview:
The global intelligent cooking robot market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation in kitchens, rising disposable income, and growing awareness about healthy eating habits. The global intelligent cooking robot market can be segmented on the basis of type into high throughput and lower throughput. The high throughput segment is expected to account for a larger share of the market during the forecast period owing to its ability to cook multiple dishes simultaneously. On the basis of application, the global intelligent cooking robot market can be divided into residential and commercial segments. The commercial segment is expected to grow at a higher CAGR than the residential segment during the forecast period owing to rising demand from restaurants and hotels.
Product Definition:
An intelligent cooking robot is a computerized device that assists in the preparation of food. Intelligent cooking robots can be used for tasks such as measuring and adding ingredients, stirring and mixing, or controlling the oven. They are often equipped with sensors that can detect when food is cooked to a desired level of doneness. This allows them to automatically adjust cooking times and temperatures to ensure perfect results every time.
High Throughput:
High Throughput is a cooking technique in which the ingredients are processed in large quantities. The high throughput enables to cook multiple dishes at the same time, and also helps save on fuel cost.
The major advantage of High Throughput method is that it reduces the cooking time drastically, as more than one dish can be cooked at a time. It also helps to utilize all those leftovers which would otherwise be thrown away or given away as free samples by restaurants or hotels.
Lower Throughput:
Lower Throughput is the speed of cooking compared to High Throughput. The lower value indicates higher heat and faster cooking time. It can be defined as a ratio between duration of each task in kitchen and total time taken by the appliance to complete a given task.
Intelligent Cooking Robot market is segmented on the basis of two major parameters, namely, type and throughput (lower).
Application Insights:
The residential application segment accounted for the largest share of over 70% in 2017. The growth can be attributed to increasing urbanization and rising disposable income levels in developing countries including China, India and Brazil. Moreover, growing preference for automated kitchen equipment among consumers is expected to have a positive impact on market growth over the forecast period.
The commercial application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand from hotels, restaurants and food chains across the globe. This can be attributed to technological advancements that have made cooking more efficient along with an increase in product launches by major players such as Panasonic Corporation, Midea Group Co., Ltd., Samsung Electronics Co., Ltd., etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing adoption of automation across various industries, particularly in China and Japan. Growing demand for convenient food options at home as well as on-the-go meals from consumers, coupled with rising investments by companies for developing new products and services based on AI technology is anticipated to drive growth across this region.
The European market held a significant share of global revenue in 2017 owing to high acceptance levels towards advanced technologies among consumers and chefs alike. Moreover, growing demand for fast food coupled with changing consumer eating habits towards healthier options is expected to boost regional growth over the forecast period. North America also accounted for a significant share due to early adoption of these robots by restaurants chains such as McDonald’s Corporation (U.S.). However, slow adoption rates among individual operators are hampering regional progress at present time.
Growth Factors:
- Increasing demand for convenience in cooking: The growth of the intelligent cooking robot market can be attributed to the increasing demand for convenience in cooking, especially among working professionals and young adults. Intelligent cooking robots are designed to make meal preparation easier and faster, thus reducing the time spent in the kitchen.
- Rising popularity of smart home appliances: Another key growth driver for the intelligent cooking robot market is the rising popularity of smart home appliances. With technological advancements making it possible to control various devices through a single platform, consumers are increasingly opting for smart home appliances that can make their lives easier. Intelligent cooking robots fall into this category and are thus witnessing growing demand from consumers worldwide.
- Growing awareness about healthy eating habits: A third factor driving growth in the intelligent cooking robot market is rising awareness about healthy eating habits among consumers across all age groups. This has led to an increase in demand for kitchen gadgets and appliances that help cook healthier meals with minimal effort on behalf of users. Intelligent Cooking Robots fit this requirement perfectly and are consequently witnessing strong uptake from buyers worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Cooking Robot Market Research Report
By Type
High Throughput, Lower Throughput
By Application
Residential, Commercial
By Companies
Moley Robotics, Miso Robotics, Mechanical Chef, Picnic, RoboChef, The Wilkinson Baking Company, Chowbotics, Karakuri, Creator, Shenzhen Pansum Technology Co.,ltd., Joyoung, Foshan Semikron Electronic Technology Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Cooking Robot Market Report Segments:
The global Intelligent Cooking Robot market is segmented on the basis of:
Types
High Throughput, Lower Throughput
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Moley Robotics
- Miso Robotics
- Mechanical Chef
- Picnic
- RoboChef
- The Wilkinson Baking Company
- Chowbotics
- Karakuri
- Creator
- Shenzhen Pansum Technology Co.,ltd.
- Joyoung
- Foshan Semikron Electronic Technology Co., Ltd.
Highlights of The Intelligent Cooking Robot Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Throughput
- Lower Throughput
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Cooking Robot Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An intelligent cooking robot is a machine that can autonomously cook food using pre-programmed instructions.
Some of the key players operating in the intelligent cooking robot market are Moley Robotics, Miso Robotics, Mechanical Chef, Picnic, RoboChef, The Wilkinson Baking Company, Chowbotics, Karakuri, Creator, Shenzhen Pansum Technology Co.,ltd., Joyoung, Foshan Semikron Electronic Technology Co., Ltd..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Cooking Robot Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Intelligent Cooking Robot Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Cooking Robot Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Intelligent Cooking Robot Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Intelligent Cooking Robot Market Size & Forecast, 2018-2028
4.5.1 Intelligent Cooking Robot Market Size and Y-o-Y Growth
4.5.2 Intelligent Cooking Robot Market Absolute $ Opportunity
Chapter 5 Global Intelligent Cooking Robot Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Intelligent Cooking Robot Market Size Forecast by Type
5.2.1 High Throughput
5.2.2 Lower Throughput
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Cooking Robot Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Intelligent Cooking Robot Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Cooking Robot Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Intelligent Cooking Robot Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Intelligent Cooking Robot Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Cooking Robot Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Intelligent Cooking Robot Market Size Forecast by Type
9.6.1 High Throughput
9.6.2 Lower Throughput
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Intelligent Cooking Robot Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Intelligent Cooking Robot Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Cooking Robot Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Intelligent Cooking Robot Market Size Forecast by Type
10.6.1 High Throughput
10.6.2 Lower Throughput
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Intelligent Cooking Robot Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Intelligent Cooking Robot Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Cooking Robot Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Intelligent Cooking Robot Market Size Forecast by Type
11.6.1 High Throughput
11.6.2 Lower Throughput
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Intelligent Cooking Robot Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Intelligent Cooking Robot Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Cooking Robot Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Intelligent Cooking Robot Market Size Forecast by Type
12.6.1 High Throughput
12.6.2 Lower Throughput
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Intelligent Cooking Robot Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Intelligent Cooking Robot Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Cooking Robot Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Intelligent Cooking Robot Market Size Forecast by Type
13.6.1 High Throughput
13.6.2 Lower Throughput
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Intelligent Cooking Robot Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Intelligent Cooking Robot Market: Competitive Dashboard
14.2 Global Intelligent Cooking Robot Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Moley Robotics
14.3.2 Miso Robotics
14.3.3 Mechanical Chef
14.3.4 Picnic
14.3.5 RoboChef
14.3.6 The Wilkinson Baking Company
14.3.7 Chowbotics
14.3.8 Karakuri
14.3.9 Creator
14.3.10 Shenzhen Pansum Technology Co.,ltd.
14.3.11 Joyoung
14.3.12 Foshan Semikron Electronic Technology Co., Ltd.
