Food 3D Printing Market to Surpass $15.1 Billon & Expected
Food 3D Printing Market
According to a report from Allied Market Research, the Food 3D Printing Market Size is valued at $226.20 millions in 2021. By 2031, it will reach $15.1 billion. The market size was estimated to grow at a 52.8% annual rate between 2022 and 2031.
Food 3D Printing Market is mainly driven by increased adoption of 3D food printers to reduce food wastage. Food 3D Printing Market Analysis shows that potato skins with a finer texture are more likely to print than skins with a coarser texture.
These are the top key players:
Natural Machines, Systems and Materials Research Corporation, byFlow, Print2taste GmbH, Barilla, Beehex, ANIWAA PTE. LTD, Modern Meadow. DOVETAILED. 3DESSERTS GRPHIQUES. TNO. 3D Systems. SHIYIN TECHNOLOGY CO. LTD. REDEFINEMEAT LTD. NOVAMEAT.
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Industries used whole grain flour as the material feed and set the extrusion conditions of their in-house CARK printer to print at 600 mm/min. The extrusion motor speed was 600 rpm. A 1.28 mm diameter nozzle at 6 bars of pressure. Consumers embraced instant noodles that had been 3D printed, then processed in the same way as other products. Blended noodles can be used for breakfast because they contain 414.39kcal/100g of energy.
Europe is expected to have the largest Food 3D Printing Market share due to widespread awareness and the implementation of 3D printing technology into food products. It is expected that the European Food 3D printing market will expand due to the presence of key players in the European region and the increase in innovation by European players.
Due to the increase in demand for food products that are highly customizable and inexpensively priced in Asia-Pacific and North America, the market is expected to grow significantly over the next few years. It is expected that North America’s 3D food printing market will expand due to increased partnerships between food producers, food technology firms, and other food companies.
The slow processing times are a limitation in the 3D food printer market. Time is one of the major obstacles in the 3D food printing industry. 3D food printing is more time-consuming than traditional cooking. This is why 3D food printing takes so much time. It is a major factor that limits the Food 3D Printing Market Growth.
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The market for 3d foods printing can be divided into technology and ingredient, end users, and regions. Based on technology, the 3D printing market is divided into extrusion based printing, binder jelly, selective laser interfacing, and inkjet print. In 2021, the largest share of the 3D food printing market was held by the extrusion-based segment. It is expected to expand at a substantial CAGR over the forecast period.
By ingredient, it is classified into dough, fruits & vegetables, proteins, sauces, dairy products, carbohydrates, and other ingredients. In 2021, the largest share of the 3D food printing market was held by the carbohydrates segment. It is expected to grow at an impressive CAGR over the forecast period.
The market for 3d food printers can be classified by end user. In 2021, the 3D printing market was dominated by the commercial segment. It is expected to expand at a substantial CAGR over the forecast period. Because 3D printing can be used to create a variety dishes, it is a popular choice for commercial use. Due to its attractive packaging, long shelf life and high quality, 3D food printers are in high demand.
Europe held 35.1% of the global 3D printing market in 2021 and will continue to be the dominant player during the forecast period. However, North America and Asia-Pacific are expected to possess the CAGRs of 51.9% and 53.4% respectively, owing to Food 3D Printing Market Trendsin consumer awareness of the value of healthy living and an increase in television programs featuring food & recipes.
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These are the key findings from the study
Based on ingredient, carbohydrates dominated in the 2021 market.
The government segment, based on end user, is expected to grow at the fastest rate with a CAGR of 54.3% over the forecast period.
Technology-wise, extrusion-based printing will likely be the fastest growing segment, with a CAGR of 53.6% over the forecast period.
Europe is the region that dominated the global 3D printing market for food.
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