3D Food Printing Market Market Is Expected To Grow With A CAGR of 49.90% From 2022 To 2028
3D food printing is nothing but manufacturing food products with the help of a variety of additive manufacturing techniques. In this process, the various food-grade syringes hold the printing material, and then it is deposited through a food-grade nozzle layer by layer. In the case of the most advanced 3D food printers, there are pre-loaded recipes on board and these food printers also permit the user to remotely design their food on their phones, computers, or some other IoT device. This food can be customized in color, shape, flavor, texture, or nutrition, making it very useful in various fields such as space exploration and healthcare.
The increasing consumer demand for customized food products owing to the advent of modern and digital manufacturing techniques is anticipated to augment the growth of the 3D Food Printing Market market during the forecast period. The most important benefit of 3D printing is that it offers food customization as per consumers’ preferences and needs. Further, companies are now launching groundbreaking 3D food printers for indulgence applications like confectioneries, chocolates, and pancakes which have resulted in an increased demand for 3D food printers at domestic as well as commercial levels across the globe. As consumers are becoming more self-centered they are opting for more customization and hence the industry need for mass customization is increasing. This customization can be done mainly on products like hamburgers, coffee, ice cream, biscuits, cake, confectionery, and others.
However, the high manufacturing cost and the slow production process are anticipated to hinder the growth of the market in the years to come. Moreover, an increase in underlying printing technology along with stringent quality assurance is expected to create immense opportunities for the growth of the market within the forecast period.
North America held the largest shares in 2021. This is attributable to the growing consumer demand for customized food in the region. Furthermore, the presence of major key players is also expected to fuel the regional growth of the market. Additionally, an increase in spending by the government in the healthcare sector is also expected to support the growth of the 3D Food Printing Market market in the region.
Some of the prominent players operating in the global 3D Food Printing Market market include TNO (Netherlands), 3D Systems (US), byFlow (Netherlands), Natural Machines (Spain), Systems And Materials Research Corporation (US), Beehex (US), Choc Edge (UK), Modern Meadow (US), Nu Food (UK) and North branch Everbright (China)..
Browse the full Report - 3D Food Printing Market Size, Share & Trends Analysis Report by Ingredient (Dough, Fruits and Vegetables, Proteins, Sauces), by Vertical (Government, Commercial, Residential), by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)