According
to a new market research report titled, ‘3D Food Printing Market by Offering, Printing Method
(Layer-by-layer, Mold-based),
Printing Technology (Extrusion, Powder Binding Deposition), Ingredient Form
(Pastes and Purees, Powdered Ingredients), End User, and
Geography - Global Forecast to 2030’, the
3D food printing market is expected to reach $11.3 billion by 2030, at a CAGR
of 50.2% from 2023 to 2030.
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3D
printing is a technique used to manufacture three-dimensional objects with high
accuracy and quality finishing. A 3D food printer comprises a food-grade
syringe or cartridge that holds material (a food ingredient in a
puree/mash/powder form) and deposits exact fractional layers through a
food-grade nozzle directly onto a plate or platform in a layer-by-layer
(additive) manner or through a mold-based method wherein 3D printing food
machines are used to shape dough using a hollow container or molding box.
The
growth of the 3D food printing market is driven by the rising demand for
gourmet food and the increasing use of 3D printing technology to produce
plant-based meat alternatives and reduce food wastage.
However,
the long processing times required to 3D print food products and the lack of
flavor and texture compared to traditionally manufactured food products
restrain the growth of this market. The growing demand for 3D food printing
technology in the food & hospitality industries and increasing research
initiatives to develop innovative 3D food printing models are expected to
create market growth opportunities. However, limitations in ingredient
processing and consumers’ higher preference for traditionally manufactured food
products are major challenges for the players operating in the 3D food printing
market.
The
3D food printing market is segmented based on offering (machines &
accessories, software, and services), printing method (layer-by-layer and
mold-based), printing technology (extrusion {soft-materials extrusion, melting
extrusion, and hydrogel-forming extrusion}, powder binding deposition
{selective laser sintering, liquid binding, and selective hot air sintering and
melting} inkjet printing, and bio-printing), ingredient form (pastes and purees
{dough, puree, jelly & frosting, mashed fruits & vegetables, cheese,
and other pastes and purees}, powdered ingredients {sugar, chocolate powder,
protein powder, flour, and other powdered ingredients}, and cells), end user
(restaurants {QSR/fast food restaurants, casual dining restaurants, cafes, and
fine dining/gourmet restaurants}, big-scale catering, bakeries &
confectionaries, and other end users), and geography. The study also evaluates
industry competitors and analyzes the market at the regional and country
levels.
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Based
on offering, the
3D food printing market is segmented into machines & accessories, software,
and services. In 2023, the machines & accessories segment is expected to
account for the largest share of the 3D food printing market. The large market
share of this segment is attributed to the wide usage of 3D printing technology
in food industries for personalized nutrition, automated cooking, and reduction
in food wastage, among other applications. Additionally, this segment is slated
to register the highest CAGR during the forecast period.
Based
on printing method, the
3D food printing market is segmented into layer-by-layer and mold-based. In
2023, the layer-by-layer segment is expected to account for the larger share of
the 3D food printing market. The large market share of this segment is
attributed to the method’s wide usage in different applications and its ability
to easily design complex-shaped products and add specific ingredients selected
as per customer preferences. Additionally, this segment is slated to register
the highest CAGR during the forecast period.
To
gain more insights into the market with a detailed table of content and
figures, click here: https://www.meticulousresearch.com/product/3d-food-printing-market-4995
Based
on printing technology, the
3D food printing market is segmented into extrusion, powder binding deposition,
inkjet printing, and bio-printing. The extrusion segment is further
sub-segmented into soft-materials extrusion, melting extrusion, and
hydrogel-forming extrusion. The powder binding deposition segment is further
sub-segmented into selective laser sintering, liquid binding, and selective hot
air sintering and melting. In 2023, the extrusion segment is expected to
account for the largest share of the 3D food printing market. The large market
share of this segment is attributed to the technology’s ability to achieve the
output of conventional food extrusion processing physically with digitalized
designs and personalized nutrition control. Also, extrusion is a digitally
controlled, robotic construction process that can produce complex-shaped 3D
food products. However, the powder binding deposition segment is projected to
register the highest CAGR during the forecast period.
Based
on ingredient form, the
3D food printing market is segmented into pastes and purees, powdered
ingredients, and cells. The pastes and purees segment is further sub-segmented
into dough, puree, jelly & frosting, mashed fruits & vegetables,
cheese, and other pastes and purees. The powdered ingredients segment is
further sub-segmented into sugar, chocolate powder, protein powder, flour, and
other powdered ingredients. In 2023, the pastes and purees segment is expected
to account for the largest share of the 3D food printing market. The large
market share of this segment is attributed to the ingredients’ structural
properties and easy usage with 3D food printing technologies. Also, the
increasing demand for customized paste and puree-based products supports the
segment’s large share. However, the powdered ingredients segment is projected
to register the highest CAGR during the forecast period.
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Based
on end user, the
3D food printing market is segmented into restaurants, big-scale catering,
bakeries & confectionaries, and other end users. The restaurants segment is
further sub-segmented into QSR/fast food restaurants, casual dining
restaurants, cafes, and fine dining/gourmet restaurants. In 2023, the bakeries
& confectionaries segment is expected to account for the largest share of
the 3D food printing market. The large market share of this segment is
attributed to the increasing demand for personalized meals and luxury dining
and the rising consumption of plant-based meat products across the globe.
However, the restaurants segment is projected to register the highest CAGR
during the forecast period.
Based
on geography, the 3D food printing
market is segmented into North America, Europe, Latin America, and the Middle
East & Africa. In 2023, North America is expected to account for the
largest share of the 3D food printing market, followed by Europe, Asia-Pacific,
Latin America, and the Middle East & Africa. The major factor driving the
market's growth in North America is the increasing technological progress in
all aspects of food technology, rapidly rising awareness regarding 3D-printed
and plant-based meat products, and the increasing demand for vegan alternatives
to meat products.
The
report also includes an extensive assessment of the key growth strategies
adopted by the leading market participants between 2020 and 2023. The key
players operating in the 3D food printing market are 3D Systems Corporation
(U.S.), TNO (Netherlands), Natural Machines (Spain), Wiiboox (China), byFlow
B.V. (Netherlands), Dovetailed (U.K.), PancakeBot (U.S.), BeeHex, LLC (U.S.),
Print4Taste GmbH (Germany), and Changxing Shiyin Technology Co., Ltd. (China).
TOP
10 COMPANIES IN 3D FOOD PRINTING MARKET >> https://meticulousblog.org/top-10-companies-in-3d-food-printing-market/?utm_source=blog&utm_medium=social+&utm_campaign=product&utm_content=06-12-2023
