The market size of the global 3D Food Printing market in the year 2021 is valued at 136.27 million and is predicted to reach 8.49 billion by the year 2030 at an 58.55% CAGR during the forecast period.
3D food printing transfers three-dimensional digital designs to delectable real-world products; it gives food ingredients three-dimensional shapes while maintaining the product's style, framework, and texture. It is said to be safe for the environment because it turns proteins from insects, protozoa, or beet leaves into delectable goods. The expansion of the 3D food printing market is being accelerated by rising awareness among food innovators of the need to modernize food manufacturing technologies. The primary drivers driving the 3D food printing market are the expanding commercial food industry, the rising demand for personalized food products with nutrient content catered to individual organic process requirements, and the growing concerns about global food safety and development.
The market for 3D food printing is expanding thanks to rising consumer disposable income and increasing demand from developing economies. The new market potential for 3D food printing may result from increasing R&D efforts by prominent players and innovative food products by new entrants. The key obstacles limiting the market for 3D food printing, among others, include issues with safety and labelling, handling complexity, production cost, and a limited range of applications.
Market Segmentation:
The 3D Food Printing market is segmented on ingredients, vertical, and technology. Based on ingredients, the market is segmented into dough, fruits and vegetables, proteins, sauces, dairy products, carbohydrates and other ingredients. Based on vertical, 3D Food Printing is segmented into government, commercial and residential. Based on the technology, the Fermented foods and Ingredients are segmented into extrusion-based printing, binder jetting, selective laser sintering and inkjet printing.
Based on ingredients, the carbohydrates segment is accounted as a significant contributor to the 3D Food Printing market.
Based on ingredients, the market is segmented into dough, fruits and vegetables, proteins, sauces, dairy products, carbohydrates and other ingredients. The carbohydrates category dominated the market. In 3D food printing, the texture modification of carbohydrates is becoming more prevalent. Healthy printed consumables with texturized surfaces are created using inks based on carbohydrates. Carbohydrates are used for numerous health benefits in addition to aesthetic designs. A typical carbohydrate used for three-dimensional printing consumables is starch.
The commercial segment witnessed growth at a rapid rate.
Based on vertical, 3D Food Printing is segmented into Government (Defense, Education, Emergency Services), Commercial (Retail Store, Bakeries, Confectioneries, Restaurants), Residential. The commercial category dominated the market. Restaurants, cafes, bakeries, and retail establishments are all included in the commercial section. The global need for individualized meals and upscale dining experiences fuels the expansion of this market. This market's development is anticipated to be driven by a rise in demand for meat substitutes made from plants. Restaurants can respond to nutritional demands, serve many clients, and modify meals based on taste and specification thanks to three-dimensional consumables printing.
In the region, the Europe 3D Food Printing market holds a significant revenue share.
The North American 3D Food Printing market is expected to register the highest market share shortly. The growth in this region is driven by rising nutrient consumption and high consumer disposable income. The region has seen an increase in demand for high-quality baked products, sweets, and pastries due to growing awareness of healthy eating practices. Regional market players are developing customized three-dimensional printed meals to address the rising health concerns. The popularity of 3D food printing is also being fueled by the expansion of numerous upscale eateries, coffee shops, and bakeries. In addition, Asia Pacific is projected to grow rapidly in the global 3D Food Printing market. Due to ageing populations, poverty, and a lack of food to feed the population, Asia Pacific is predicted to experience the market's most significant growth throughout the projected period. Thanks to 3D printing, meals that are simple to chew and have a nutritionally sound composition are now possible. As a result, feeding elderly individuals who require specialized, nutrient-rich meals should be simpler.
Competitive Landscape
The key players in the 3D Food Printing market have shifted their focus toward product manufacturing and are initiating significant strategies such as mergers, acquisitions, and joint ventures of major and domestic players to enhance their product portfolio and strengthen their global market footprint. Some key players in the 3D Food Printing market are Byflow (Netherlands), TNO (Netherlands), Natural Machines (Spain), Choc Edge (UK), 3D Systems (US), Systems & Materials Research Corporation (US), Procusini (Germany), BeeHex (US), Candyfab (US), Zmorph (Poland), Mycusini (Germany), Wiibox (China), Savoureat Ltd (Israel), 3Desserts Graphiques (France), Barilla (Italy), Redefine Meat Ltd (Israel), The Sugar Lab (US), Novameat (Spain), Open Meals (Japan) and Food Ink (UK).
