3D Food Printing Market Size, Growth Analysis Report, Forecast to 2027


Posted September 12, 2021 by TanveerAhmed005

The global 3D food printing market is estimated to grow at a CAGR of around 13% during the forecast period.
 
The global 3D food printing market is estimated to grow at a CAGR of around 13% during the forecast period. The major factors contributing to the growth of the market include increasing awareness among food innovators and growing concern about food safety and development. 3D food printing provides 3D shapes to the food ingredients without affecting the taste and texture of the product. 3D food printers are ecofriendly as it transforms protein from insects, algae into tasty food products. Increasing demand for customized food products with personal nutrition requirements is encouraging the growth of the 3D food printing market. The 3D food printers work on centralized methodology, which means 3D food printers works as a stand-alone unit which is capable of performing multiple actions to cook programmed food using the same raw material.
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Market Segmentation
The global 3D food printing market is segmented based on ingredient type and technology. Based on Ingredient type, the market is classified into chocolates & confectionery, bakery, meat & seafood, and others. Based on technology, the market is classified into extrusion-based printing, selective laser sintering, binder jetting and ink-jet printing. Rising demand for 3D food printers in the manufacturing products including chocolates, candies, and bread products. 3D food printing manufacturing companies highly focused on selling their printers to commercial verticals because of high growth opportunities and easy to provide training and maintenance services to commercial clients.
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Regional Outlook
Geographically, the global 3D food printing market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America region is estimated to have considerable market share during the forecast period owing to the established confectionary food industry and the large adoption of fast food in the region. Further, Europe is estimated to have a significant market share in the 3D food printing market. All the microwave pancakes available in the Netherland are 3D printed. Spain is also adopting 3D food printing in the household. The inclination towards the mass customization of these countries encouraging the market to grow in the region. Moreover, the major companies are expanding their presence in these regions, which in turn, will likely contribute to the significant growth of the 3D food printing market in the region.

Competitive Landscape
The major companies providing the 3D food printing market include ChocEdge Ltd., 3D Systems Corp., System and Materials Research Corp., Netherlands Organizations for Applied Scientific Research (TNO), and Katjes UK, Fassin Ltd. The strategies followed by the market players include mergers and acquisitions, partnerships and collaborations and geographical expansion to expand market share across the globe. Natural Machines, a 3D printer manufacturing company launched a printer Foodini which allows browsing recipes through the internet or through smartphones one just needs to fill the printer with required ingredients and the food is printed of the desired design. 3D food printing technology not only opening a new way of cooking but also reduces the wastage of raw material by using material of only the required quantity.

The Report Covers
Market value data analysis of 2018 and forecast to 2025.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global 3D food printing market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.
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Last Updated September 12, 2021