3D Food Printing Market to Showcase Continued Growth in the Coming Years

The global 3D food printing market is estimated to account for nearly USD 201 million in 2022 and is projected to reach a value of nearly USD 1,941 million by 2027, growing at a CAGR of 57.3% from 2022. Large-scale manufacturing of food in commercial kitchens has exacerbated the problem of food waste. 3D food printing is a distinguished approach to reducing waste throughout consumption by utilizing food products such as meat off-cuts, leftover fruits and vegetables, and seafood by-products. Thus, with increasing awareness among consumers about food wastage and environmental issues, more consumers and food suppliers are anticipated to adopt 3D food printers. This is projected to drive the 3D food printing market.

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Drivers: Bourgeoning demand for gourmet food

3D food printing provides the ability to personalize food according to individual needs. The increasing market for customized food is a major reason for the growth of the 3D food printing market. The advancement in technology has made people busier with their work, and they often fail to experience their favorite food due to the shortage of time. This gives rise to the market for customized food; however, the customized food items need to be mixed with appropriate preservatives to keep them fresh. Frequent consumption of preservatives is not good for health in the long run. Thus, 3D food printing technology provides an option to have homemade freshly cooked food for the users.

Opportunities: Growth in demand from the hospitality industry

The hospitality industry has shown huge interest in 3D food printing technology. The capability of the 3D food printers to print food in various complex designs, which is not possible manually, has gained the attention of many famous chefs around the world. According to the companies offering 3D food printers, it would provide chefs an opportunity to present food with various complex designs, which was not possible through the traditional preparation methods. Although the idea of the companies offering 3D food printers to replace microwaves with 3D food printers for household uses is far from reality, the users are likely to prefer to have food in various designs sometimes for fun. Thus, the hospitality industry is expected to provide ample opportunities for the 3D food printing market.

The commercial segment is estimated to account for the largest share in the global market in 2021

By vertical, the commercial segment is estimated to account for the largest share in the market in 2022. Commercial segment is estimated to witness growth due to major demand of 3D printed food can be served through baking industry, restaurants, confectionaries and retail store. The companies are working on their products to make them more efficient so that they would be able to provide more options for customized food to the customers. For a instance, BeeHex, the company manufacturing the 3D pizza printers, has demonstrated the use of their Chef3D food printer to print pizzas in various shapes. Thus, the ability of 3D food printers to print food in complex designs to provide customized food would drive the market for 3D food printers in coming years with the developments in technology.

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The Asia Pacific market is projected to grow at the highest CAGR during the forecast period

The market in Asia Pacific is projected to grow at the highest rate with the reducing cost of the technology in the coming year. Countries such as China, South Korea, and Japan are working actively in the 3D food printing market, signifying the promising future for 3D food printing technology in the coming years

Key Players:

Key players in this market include 3D systems (US), TNO (Netherlands), NATURAL MACHINES (Spain), Choc edge (UK), Systems & Materials Research Corporation (US), byFlow B.V. (Netherlands), beehex (US), CandyFab (US), ZMORPH S.A (Poland) and Wiiboox (China)