The global 3D food printing market size is expected to reach USD 7,632.1 million by 2030, according to a new study by Polaris Market Research. The report “3D Food Printing Market Share, Size, Trends, Industry Analysis Report By Ingredient (Dough, Carbohydrates, Proteins, Sauces, Dairy Products, Fruits & Vegetables, Others); By Vertical; By Technology; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The three-dimension food printing industry is projected to witness growth over the forecast period owing to increasing demand for gourmet eatables, greater demand for personalized meals, and a rising number of fine dining restaurants. The demand for three-dimension printed stuff is also expected to increase on account of the growing disposable income of consumers and greater health and safety concerns.
The introduction of three dimension-printed eatables by various companies drives the market's growth. Three dimension technology offers greater control over eatery products' nutritional content, flavor, and texture. There has been an increase in the number of bakeries and gourmet restaurants in urban cities offering innovative three dimension-printed products.
The launch of lighter and healthier three-dimension printed products, increasing awareness regarding healthy eating habits, and the growth of e-commerce platforms are expected to provide numerous growth opportunities in the coming years.
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The commercial segment, which includes restaurants, bakeries, cafes, and retail stores, accounted for a significant share in 2021. Greater penetration of restaurants and cafes, increasing health concerns, growing health and fitness consciousness, and changing lifestyle & eating habits have fueled the growth of this segment.
North America accounted for a significant market share in 2021. High disposable incomes and modifying consumables preferences drive market growth in this region. The sedentary lifestyle of consumers in the region encourages them to consume nutritious and healthy eatables, which can be controlled and managed through three dimension-printed eatables.
Rising awareness about health and nutrition and a growing number of bakers and confectioners foster the growth in this region. Growing research and development activities, the presence of international players in this region, and technological advancements further boost the market growth.
3D Food Printing Market Report Highlights
According to our analysis, the 3D food printing industry is expected to grow rapidly in the coming years as 3D printers are increasingly adopted for plant-based meat alternatives. Based on technology breakdown, the extrusion-based printing is expected to hold the largest revenue share during the forecast period. These players are expanding their presence across various geographies and entering new markets in developing regions. It will help them expand their customer base and strengthen their presence in the industry.
Geographic analysis in this study shows that Asia Pacific is expected to register the highest CAGR of 34.08% during the forecast period. Rapid urbanization and rising disposable incomes in countries such as China, India, and Japan will propel the industry growth in the region in the coming years.
Polaris Market Research has segmented the 3D Food Printing Market report based on ingredient, vertical, technology, and region:
3D Food Printing, Ingredient Outlook (Revenue - USD Million, 2018 - 2030)
3D Food Printing, Vertical Outlook (Revenue - USD Million, 2018 - 2030)
3D Food Printing, Technology Outlook (Revenue - USD Million, 2018 - 2030)
3D Food Printing, Regional Outlook (Revenue - USD Million, 2018 - 2030)