DUBLIN-(BUSINESS WIRE)-Offers 3D food printing market, printing methods (layer-by-layer, mold-based), printing technologies (extrusion, powder binding deposition), ingredient forms (pastes and purees, powdered ingredients), report for Global 20 and added end users in 20. of ResearchAndMarkets.com offer
With an estimated value of $11.3 billion by 2030 and a significant CAGR of 50.2% from 2023 to 2030, the 3D food printing market is experiencing significant growth.
Market expansion is primarily driven by growing demand for gourmet foods and adoption of 3D printing technology to produce plant-based meat alternatives and reduce food waste. However, challenges such as longer processing times and perceived lack of flavor and texture pose limitations compared to traditionally produced food products.
Nevertheless, the food and hospitality industry’s growing interest in 3D food printing technology and ongoing research initiatives to develop innovative models present promising opportunities for market growth.
Based on offerings, the 3D food printing market is segmented into machines and accessories, software, and services. In 2023, the machines and 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 widespread use of 3D printing technology in the food industry for personal nutrition, automated cooking and reducing food waste, among other applications. Additionally, this segment will register the highest CAGR during the forecast period.
Based on printing method, the 3D food printing market is segmented layer-by-layer and mold-wise. 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 use in various applications, ability to design products with complex shapes and easy addition of specific components selected as per customer preference. Additionally, this segment is slated to register higher CAGR during the forecast period.
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-material extrusion, melt 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 segment’s large market share is attributed to the technology’s ability to achieve the output of physically conventional food extrusion processing with digitalized design and personalized nutritional control.
Also, extrusion is a digitally controlled, robotic manufacturing process that can create 3D food products of complex shapes. 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, powder ingredients, and cells. The pastes and purees segment is further sub-segmented into flours, purees, jellies and frostings, mashed fruits and vegetables, cheese and other pastes and purees. 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 in this segment is attributed to the structural properties of the material and the ease of use of 3D food printing technology. Also, growing demand for customized paste and puree-based products supports the segment’s large market share. However, the powdered material segment is projected to register the highest CAGR during the forecast period.
Based on end-user, the 3D food printing market is segmented into restaurants, large-scale catering, bakery and confectionery, and other end-users. The restaurant segment is further sub-segmented into QSR/fast food restaurants, casual dining restaurants, cafes and fine dining/gourmet restaurants.
In 2023, the bakery and confectionery segment is expected to account for the largest share of the 3D food printing market. The segment’s large market share is attributed to the growing demand for personalized meals and luxury foods and the increasing consumption of plant-based meat products across the globe. However, the restaurant segment is projected to register the highest CAGR during the forecast period.
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 factors driving the market growth in North America are increasing technological advancements in all aspects of food technology, rapidly growing awareness of 3D-printed and plant-based meat products, and growing demand for vegetarian alternatives to meat products.
Key questions answered in the report:
- Which are the high growth market segments in terms of offering, printing method, printing technology, material form, end user, and country?
- What is the historical market for 3D food printing around the world?
- What are the market forecasts and projections from 2023-2030?
- What are the major drivers, restraints and opportunities in the 3D Food Printing market?
- Who are the key players in the 3D Food Printing market and what is their market share?
- Who are the major players in different countries and what is their market share?
- What is the competitive landscape like?
- What are the latest developments in the 3D food printing market?
- What are the various growth strategies adopted by the key players operating in the 3D Food Printing market?
- What are the geographic trends and high growth countries?
- Who are the local emerging players in the 3D Food Printing market and how do they compete with other players?
Market Insights
- Factors Affecting Market Growth
- Market Trends: Product customization has been emphasized across industries
- Technology Trends: Use of AI in 3D Printing
- The transformative potential of 3D food printing
- Use in 3D food printing
- Porter’s Five Forces Analysis
- Parameters of textural properties of printed products
- Regulations for 3D Food Printer Filaments
- Value chain analysis
Company Profile (Company Overview, Financial Overview, Product Portfolio, Strategic Development)
- 3D Systems Corporation (US)
- TNO (Netherlands)
- Natural Machines (Spain)
- Wiiboox (China)
- byFlow BV (Netherlands)
- Dovetailed (UK)
- PancakeBot (USA)
- BeeHex LLC (US)
- Print4Taste GmbH (Germany)
- Changxing Shiyin Technology Co., Ltd. (China).
Scope of Report:
3D Food Printing Market Assessment, by Offer
- Machines and accessories
- Software
- service
3D Food Printing Market Assessment, by Printing Method
- Layer by layer
- mold-based
3D Food Printing Market Assessment, by Printing Technology
- extrusion
- Extrusion of soft materials
- Melt extrusion
- Hydrogel-forming extrusion
- Powder binding deposit
- Selective Laser Sintering
- Fluid binding
- Selective hot air sintering and melting
- Inkjet printing
- Bio-printing
3D Food Printing Market Assessment, by Material Form
- Paste and puree
- flour
- Puree
- Jelly and Frosting
- Mashed fruits and vegetables
- cheese
- Other pastes and purees
- powder material
- sugar
- Chocolate powder
- You don’t answer
- flour
- Other powdered ingredients
- cells
3D Food Printing Market Assessment, by End User
- the restaurant
- QSR/Fast Food Restaurant
- Casual dining restaurant
- the cafe
- Fine Dining/Gourmet Restaurant
- Big scale catering
- Bakery and confectionery
- Other end users
3D Food Printing Market Assessment, by Geography
- North America
- our
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Australia and New Zealand
- Malaysia
- Rest of Asia-Pacific
- Europe
- Germany
- UK
- France
- Italy
- spain
- The Netherlands
- Denmark
- Rest of Europe
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- United Arab Emirates
- Saudi Arabia
- The rest of the Middle East and Africa
For more information on this report visit https://www.researchandmarkets.com/r/xsc6ng
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