3D food printing market has been significantly growing with higher adoption of in various end use industries.
Higher focus on the development of nutritionally customized food for enhanced health benefits, increased adoption of 3D food printing to reduce the food wastage, and bourgeoning demand for gourmet food are some of the major factors driving the growth of the market. The carbohydrate segment is expected to pace up owing to high usage of production of nutritious and convenience food products. Further, other segments such as dough, dairy products, protein, fruits & vegetables are also expected to gain traction during the forecasted year.
Within the report, the market is segmented into ingredients, end use, and geography. By ingredients, the market is further segmented into dairy products, dough, fruits and vegetables, protein, carbohydrates, and others. On the basis of end use, the market is bifurcated into commercial and residential. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
Growing demand form hospitality industry has empowered the growth of futuristic innovations.
3D food printing technology has gained considerable attention in the hospitality industry. The 3D food printers are capable of printing food in various complex design, which is impossible to do manually, and has gained attention of chefs in the industry. The use of 3D food printing will offer various health benefits coupled with opportunity to present food with various complex designs which is not possible through traditional preparation method. Thus, hospitality industry is anticipated to provide ample growth opportunity for the market.
Rising adoption in various end use is one of the major factors accelerating the market growth.
The end use industries for 3D food printing are commercial and residential. Within these industries, commercial industry is one such industry, wherein the use of 3D food printing is increasing owing to higher adoption of 3D food printers by confectioneries, food service industry, and other manufacturing industries in food products. The residential industry has also witnessed an surge in use of 3D food printing technology in owing to increased demand to mimic the design and consistency of food products.
Recent strategic developments in 3D food printing market
The 3D food printing market has undergone several significant developments, and a few of these have been mentioned below:
The 3D food printing market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Systems & Materials Research Corporation, Byflow, Beehex, Electrolux AB, and TNO are among the prominent players operating in the market.
Target audience for the report:
Scope of the report:
In this report, the market has been segmented on the basis of: