Rising Adoption of 3D Food Printing by Food Manufacturers to Innovate New Products- Global Opportunity Analysis and Industry Forecast (2019-2025)
leading global market research company published a research report “3D Food Printing Market by Technology (Fused Deposition Modeling, Sintering, Binder Jetting), Material (Natively Printable Materials, Alternative Ingredients), Vertical (Government, Commercial, Residentials), End Users (Confectionery Manufacturers, Restaurants, Bakery Manufacturers, Dairy Manufacturers) - Global Forecast to 2025”.
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The possibilities of 3D food printing technologies into the food industry are now in the expansion phase. From pizzas to personalized foods, 3D food printing technology is being adopted by many food industry professionals for producing unique food items. Although 3D food printing technology is relatively new in the food space, this type of technology is already prominent in the medical device, automotive, defense, and aerospace industry. The presence of 3D food printing is growing as more major players in the food industry take notice of this innovative technology.
The incorporation of this new technology into the food space brings a lot of benefits to manufacturers. In recent years, many companies boosted the visual appeal of their food products by designing new shapes which can be manufactured using a 3D printer. Additionally, the labor cost for creating culinary art can be very expensive for industry professionals; a new 3D food printer on site can cut costs significantly.
Fused Deposition Modeling Segment to Witness the Largest Demand Through 2025
Based on technology, fused deposition modelling commanded the largest market share of the 3D food printing market in 2018. The large market share of this technology can be attributed to its applications in wide array of foods, its ability to provide high degree of freedom, limited costs to the digital design of the object, and ability to provide wide range of customization.
Confectionery Manufacturers to Provide Significant Growth Opportunities
Based on end users, confectionery manufacturers segment is expected to dominate the global 3D food printing market in 2018 as chocolate is one of the most common foods used for extrusion printing. 3D food printers are mostly used to print chocolates and candies due to the rise in the demand for customized chocolates and cakes from the consumers.
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North America: Leading Regional Market
Geographically, North America, comprising the U.S. and Canada, is expected to hold the largest share of the 3D food printing market in 2018, and the market in APAC is expected to grow at the highest rate between 2018 and 2024. The presence of major 3D food printing companies in North America region is helping the growth of the market in this region. Also, the U.S. government allocates large amount of budget on the technological advancement in food sector, which allows it to spend significantly on the application of this technology in the food and beverage sector.
The key players operating in the global 3D food printing market are TNO, 3D Systems, Natural Machines, Systems and Materials Research Corporation, byFlow, Print2taste GmbH, Barilla, CandyFab, Beehex, Choc Edge, Modern Meadow, Nu Food, and North branch Everbright.
Key Topics Covered in This Report:
1 Introduction to 3D Food Printing Market
2 Executive Summary
3 Market Insights
4 Global 3D Food Printing Market, By Technology
5 Global 3D Food Printing Market, By Material
6 Global 3D Food Printing Market, By End User
7 Global 3D Food Printing Market, By Region
8 Global 3D Food Printing Market-Competitive Landscape
9 Company Profiles
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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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