Future of Food 3D Printing Market is $15.1 Billion


Food 3D Printing Market

Food 3D Printing Market

According to a report published by Allied Market Research titled “Food 3D Printing Market,” the Food 3D Printing Market was valued at $226.20 millions in 2021 and is estimated to reach $15 billion by 2031. The market is expected to grow at a CAGR 52.8% between 2022 and 2031.

The Food 3D Printing Market has been primarily driven by the adoption of 3D printing in food to reduce food waste. According to Food 3D Printing Market Analysis potato skins with finer textures print more easily than those that have a coarser surface.

ANIWAA PTE. LTD., Modern Meadow, DOVETAILED 3DESSERTS GRAPHIQUES TNO, 3D Systems. Modern Meadow, DOVETAILED 3DESSERTS GRAPHIQUES, TNO 3D Systems, SHIYIN TECHNOLOGY CO. LTD., REDEFINE NOVAMEAT LTD.

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The industries set up the extrusion printer conditions for the CARK printer in-house to a 600 mm/min printing speed and a 600 rpm extrusion motor. The nozzle diameter was 1.28 mm at 6 bar pressure. Consumers have adopted instant noodles that were 3D-printed and then processed just like any other item. Blended noodles can be eaten for breakfast, as they contain 414.39kcal/100g.

During the forecast period, Europe is expected to have the largest Food 3D Printing Market share due to the widespread adoption of 3D printing in food products. The presence of large market players in Europe, along with a rise in innovation by European companies, is expected to support an expansion of the European Food 3D-Printing Market Forecast. North America and Asia-Pacific will see a significant expansion in the market in the next few years, due to the demand for food products that are highly customizable as well as reasonably priced. North America’s market for 3D food printing is expected to expand due to the increase in partnerships between food companies and food technology firms.

The slow processing time is a major obstacle to the 3D printing market. The 3D food printing industry faces many obstacles. 3D printing of food takes much more time than traditional cooking. The printer has to maintain a high degree of accuracy when printing the food, which is what causes this long printing process. Food 3D Printing Market Growth has been slowed down by this key factor.

The 3d Food Printing Market is segmented based on technology, ingredient and end-user. The 3D printing market can be segmented based on technology into extrusion based printing, binding jetting, laser selective sintering, inkjet printing. The 3D food printing industry is dominated by the extrusion based printing segment. This segment is expected to grow significantly at a CAGR of over 20% during the forecasted period.

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By ingredient, it is classified into dough, fruits & vegetables, proteins, sauces, dairy products, carbohydrates, and other ingredients. The carbohydrates segment is expected grow at a significant rate during the forecast period.

According to the end user, 3d printing is divided into government and commercial. The commercial segment was responsible for a large portion of the 3D food print market in 2021. It is expected to continue growing at a significant rate during the forecast period. Commercially, 3D printing is widely used to prepare a variety dishes. Due to the attractive packaging and long shelf-life, 3d food printing is used for commercial purposes at an increasing rate.

Europe is expected to continue dominating the global 3D printing market during the forecast period. In 2021, Europe held 35.1% of the market. 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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Key findings of the Study

The carbohydrates dominated the market by 2021.

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.

The segment that is most likely to grow fastest, on the basis of technology and CAGR, will be extrusion based printing with a CAGR between 53.6% and the forecast period.

Europe dominates the global 3D Food Printing market.

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Allied Market Research is a full service market research and business consulting wing of Allied Analytics LLP based out of Portland, Oregon. Allied Market Research offers global enterprises, medium and small businesses unmatched quality in “Market Research Reports” as well as “Business Intelligence Solutions”. AMR provides business insights and consulting services to help its clients make strategic business decisions.

This release was published by openPR.

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