Overview:-
3D food printing is an additive manufacturing technology that provides 3D effect to food. The technology is still in its development stage with key players investing considerable efforts to commercialize there products in the global market. 3D food printing technology is expected to emerge as promising segment of the overall 3D printing market owing to rising interest from commercial sector. Capability of producing customized and nutritional food is one of the major factors influencing the overall 3D food printing market positively.
Growing demand for customized food and increasing adoption of 3D food printers in healthcare applications also makes the market highly promising across the world. Printed food is believed to emerge as boon for people suffering from swallowing disorders. The technology is designed to manufacture softer versions of variety of food products making them edible for such people. 3D food manufacturing is on the verge of 4th industrial revolution through digital manufacturing and smart production. Artificial intelligence, augmented reality coupled with advanced robotics are driving a new revolution that is accelerating a shift towards digitization. With overall increasing shift towards 3D printing, food printing would witness robust growth in the following years.
3D food printing market is segmented by ingredients into protein, carbohydrate, sauces among other. 3D food printing market for carbohydrates is expected to witness incremental growth during forecast period 2018-2026. Further, based on application, 3D food printing market is segmented into commercial and residential vertical. Commercial 3D food printing vertical is expected to hold the largest share in the market owing to increasing demand for food customization. 3D food printing is also considered as a promising technology for making food more aesthetic. 3D food printing makes cooking easier than traditional cooking methods. Thus, residential segment is expected to witness higher market growth in coming years.
The presence of major 3D food printing companies and rising investment of the U.S. government in healthcare sector makes North America the largest regional 3D food printing market. North America accounts for over 1/3rd of the total market value generated worldwide, with the U.S. being the pioneer in the technology. Europe holds the second largest share in 3D food printing with Germany being the largest country-level market in the region.
Major drivers of 3D food printing market:
Major restraint of 3D food printing market:
The global 3D food printing market is segmented on the following basis:
By Ingredient:
By Vertical:
By Geography:-
Key players identified for 3D food printing market include but are not limited to:
Stratasys, Ltd. (one of the global leaders in 3D food printers manufacturing), 3D Systems, Inc., Natural Machines, Inc. (makers of first 3D food printing machine - Foodini), Print2taste GmbH, Beehex, LLC, Choc Edge Ltd. (world leader in 3D chocolate printing design) and Aniwaa Pte. Ltd. among others.