The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
- Forecast CAGR (2021-2026): 18.2 %
The demand for 3D food printing is powered by strong expenditure in the healthcare industry. 3D food printers produce foods rich in unique nutrients, and this food makes it easier to chew and swallow for ageing people, making it easy to eat for patients. A key factor driving the demand for 3D food printing is the spreading awareness among food innovators of the need to update food processing technology. The growing industrial food industry, the demand for personalised nutrient-based food products, and concerns about global food safety and development are the key factors driving the business growth of the 3D printing food market.
Industry Definition and Major Segments
3D food printing is an advancement utilising 3D printing technology that takes the nutritious real-world product to 3-dimensional digital designs. The major advantages of 3D printing are the benefits of customising meals according to personal wishes and requirements, which are also important in creating special and distinctive dining experiences with textures, fresh tastes, and shapes, while also being nutritious.
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On the basis of food products, the market is segmented into:
- Chocolate and Confectionary
- Bakery
- Meat and Seafood
- Others
The market is divided on the basis of ingredients into:
- Dough
- Fruits and Vegetable
- Proteins
- Sauces
- Carbohydrates
- Others
The market is segmented by technology into:
- Hot Air Sintering
- Fused Deposition Modelling (FDM)
- Binder Jetting
- Others
The market is categorized on the basis of application into:
- Restaurants
- Residential
- Bakery Stores
- Hospitals
- Others
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
Growing healthcare investment and the introduction of customised 3D printed food in the healthcare industry is propelling the market of 3D food printing. Spreading awareness among food innovators of the need to upgrade food processing technology is also pushing this market. Increased investments by major players in research and development and new market releases for novel food products will further create new opportunities for the 3D food printing market in the forecast period. The main drivers driving the market growth of the 3D printing food are the rising commercial food industry, higher demand for customised nutrient-based food goods suited to personal nutritional needs, and increasing concerns about global food safety and production catering to the ever-increasing global population.
Key Market Players
The major players in the market are Natural Machines Iberia, S.L., Systems & Materials Research Corporation, Byflow B.V., and Procusini, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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