Food 3D Printing Market | Updated PDF 2031 | Natural Machines, Systems and Materials Research Corporation, byFlow B.V., Print4taste GmbH

According to the report published by Allied Market Research, the global food 3D printing market generated $226.2 million in 2021, and is projected to reach $15.1 billion by 2031, growing at a CAGR of 52.8% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

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COVID-19 Scenario:

The outbreak of COVID-19 has had a negative impact on the growth of the global food 3D printing market, owing to the occurrence of lockdowns in various countries across the globe.

Lockdowns resulted in the closure of various manufacturing facilities, including those of 3D food printers, which adversely impacted the growth of the market.

In addition, closure of hotels, restaurants, and resorts which decreased the demand for food 3D printing.

Furthermore, shortage of workforce and essential raw materials due to disruption in trade barriers further aggravated the growth of the market.
These restrictions were imposed by the government to curb the spread of the virus during the pandemic.

Global Top Leaders:

Natural Machines, Systems and Materials Research Corporation, byFlow B.V., Print4taste GmbH, Barilla G. e R. Fratelli S.p.A, BeeHex, Modern Meadow, Dovetailed, 3Desserts Graphiques, 3D Systems, Inc., Redefine Meat Ltd., NOVAMEAT, Aniwaa Pte. Ltd, TNO, Shiyin Technology Co., Ltd.

The report offers detailed segmentation of the global food 3D printing market based on ingredient, end-user, technologies, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

Based on ingredient, the carbohydrates segment held the largest market share in 2021, holding more than one-fifths of the global market. On the other hand, the dough segment is expected to maintain its leadership status during the forecast period. However, the proteins segment, on the other hand, is expected to cite the fastest CAGR of 55.4% during the forecast period.

Based on end-user, the commercial segment held the largest market share in 2021, holding more than two-thirds of the global market, and is expected to maintain its leadership status during the forecast period. The government segment, on the other hand, is expected to cite the fastest CAGR of 54.3% during the forecast period.

Based on technologies, the extrusion-based printing segment held the largest market share in 2021, holding more than two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 53.6% during the forecast period.

Based on region, the market across Europe held the largest market share in 2021, holding more than one-third of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 55.2% during the forecast period. The report also analyses other regions of the market such as North America, Asia-Pacific, and North America.

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KEY FINDINGS OF THE STUDY:

In 2020, the stereolithography segment accounted for maximum revenue and is projected to grow at a notable CAGR of 22.6% during the forecast period.
The consumer electronics and automotive segments together accounted for around 40.2% of the 3D Printing market trends in 2020.
The defense segment is projected to grow at a CAGR of 24.9% during the forecast period.
North America contributed for the major share in the 3D Printing market, accounting for more than 49.6% share in 2020.
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