3D Food Printing Market

Market Synopsis

Global 3D Food Printing market is valued at 76.9 USD Million in 2021 and is projected to reach a value of 872.4 USD Million by 2028 at a CAGR of 49.90% over the forecast period.

3D Food Printing is done on machines known as 3D printers. The increasing demand for bakery items and customized cakes by consumers is the major factor fueling the growth of the 3D Food Printing market during the forecast period. Furthermore, 3D food printers have also been instituted in the foodservice sector with numerous creative chefs and cooks utilizing the 3D Food Printing concept with less wastage of food which is creating a scope for the 3D Food Printing market in the upcoming years. The growing demand for 3D Food Printing in commercial sectors such as retail stores, bakeries, and restaurants is boosting the growth of the 3D Food Printing market during the forecast period. The 3D Food Printing displays 3-dimensional conventional style without changing texture, flavor and style is the other major factor responsible for the growth of the 3D Food Printing market in the years to come. Moreover, 3D food is good and healthy for the environment as it converts proteins from algae and insects into a delicious food product which is driving the growth of the 3D Food Printing market during the forecast period. 3D Food Printing offers customized food according to the preferences and requirements of customers which are fueling the growth of the 3D Food Printing market in the years to come. Furthermore, 3D Food Printing gives rise to new shapes along with the texture which increases the unique eating experience of the individuals in different regions and countries which is increasing the demand of the 3D printing market globally.

Market Segmentation

The 3D Food Printing market is segmented on the basis of ingredients and vertical. Based on ingredient type, the market is segmented as Dough, Proteins, sauces, fruits and vegetables, dairy products, carbohydrates, and others. By vertical type, the market is segmented as government, commercial and residential.

The carbohydrate segment to hold the largest market share during the forecast period

The carbohydrate segment in the 3D Food Printing market is projected to become the largest segment among all the other segments in the ingredient sector during the forecast period. The design of 3DFP with functional properties includes a particular type of slowly absorbed carbohydrates that could be used for controlling the glucose levels in diabetes patients, which is increasing the demand for carbohydrate segments in the ingredient sector and gradually increasing the growth of the 3D Food Printing market. The 3D Food Printing technique is suitable for creating carbohydrate-based food like pizza, bread, cookies, etc., owing to the potential of high precision and industrialization in the carbohydrate-based 3D food items, which is increasing the demand for the carbohydrate segment in the 3D Food Printing market.

The confectionery segment dominates the market during the forecast period

The confectionery segment is predicted to dominate the global 3D Food Printing market during the forecast period. Mostly the 3D food printers are used to print candies and chocolates due to the rise in the demand for customized cakes and chocolates from the consumers which are increasing the demand for the confectionery segment in the vertical sector during the forecast period.

The North America region is projected to hold the largest share during the forecast period

North America region is estimated to hold the largest market share of the 3D Food Printing market during the forecast period. The increasing demand from the customers for bakery products and sweets like candies, chocolate, burger, pizzas in the region of North America is increasing the growth of the region during the forecast period. The growth in the adoption of 3D Food Printing technology in various regions and countries is increasing its demand in the upcoming years. Increasing demand for customized food in the commercial sectors in North American region such as restaurants, bakeries, and retail stores is responsible for the growth of the region during the forecast period.

Competitive Landscape

The major players operating in the 3D Food Printing market are implementing various techniques and strategies for the growth of the market in different fields. Some of the major players of the 3D Food Printing are TNO (Netherlands), 3D Systems (US), by Flow (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).