Food 3D Printing Market growing at a CAGR of 52.8% | Region wise, Europe dominated the market

July 21, 2023 03:30 PM AEST | By EIN Presswire
 Food 3D Printing Market growing at a CAGR of 52.8% | Region wise, Europe dominated the market
Image source: EIN Presswire

PORTLAND, 5933 NE WIN SIVERS DRIVE, #205, OR 97220, UNITED STATES, July 21, 2023/EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Food 3D Printing Market," The Food 3D Printing Market Size was valued at $226.20 million in 2021, and is estimated to reach $15.1 billion by 2031, growing at a CAGR of 52.8% from 2022 to 2031.

Global Leaders:

Some of the key players analyzed in the Food 3D Printing Industry are Natural Machines, Systems and Materials Research Corporation, byFlow, Print2taste GmbH, Barilla, Beehex, ANIWAA PTE. LTD, Modern Meadow, DOVETAILED, 3DESSERTS GRAPHIQUES, TNO, 3D Systems, SHIYIN TECHNOLOGY CO., LTD, REDEFINE MEAT LTD, NOVAMEAT.

The Food 3D Printing Market is mostly driven by increase in the adoption of 3D food printing to reduce food wastage. According to Food 3D Printing Market Analysis, potato skins with a finer texture print more easily than those with a coarser texture. With whole grain flour and potato skin powder as the material feed, the industries set the extrusion printing conditions of the in-house built CARK printer to a printing speed of 600 mm/min and an extrusion motor speed of 600 rpm. And a 1.28 mm diameter nozzle at 6 bar of pressure. Instant noodles that were 3D printed and then processed were adopted by consumers just like other items. Blended noodles are suitable for breakfast as they have an energy content of 414.39 kcal/100 g.

Get Sample Copy of the Report @ https://www.alliedmarketresearch.com/request-sample/8952

Owing to broad awareness and implementation of 3D printing technology in food products, Europe is anticipated to hold the largest Food 3D Printing Market Share during the forecast period. The presence of major market players in the European region, together with an increase in innovation by European players, is anticipated to support the expansion of the European Food 3D Printing Market Forecast period. The market in North America and the Asia-Pacific is expected to expand significantly in the upcoming years as a result of rise in demand for commoditized food items that are both highly customizable and reasonably priced in these two regions. Growth in partnerships between food producers and food technology firms across North America is anticipated to support the region's 3D food printing market expansion.

However, the slow processing time acts as a restraint in the 3D food printing market. One of the main obstacles to the 3D food printing sector is time. 3D food printing requires a lot more time than conventional cooking does. The printer must maintain a high level of accuracy when printing food, which is the primary cause of this lengthy printing process. It is a key factor limiting the Food 3D Printing Market Growth.

The 3d food printing market is segmented into technology, ingredient, end user, and region. On the basis of technology, the 3D food printing market is segmented into extrusion-based printing, binder jetting, selective laser sintering, and inkjet printing. The extrusion-based printing segment accounted for a major share in the 3D food printing market in 2021 and is expected to grow at a significant CAGR during the forecast period.

Make an Enquiry of the Report @ https://www.alliedmarketresearch.com/purchase-enquiry/8952

By ingredient, it is classified into dough, fruits & vegetables, proteins, sauces, dairy products, carbohydrates, and other ingredients. The carbohydrates segment accounted for a major share in the 3D food printing market in 2021 and it is expected to grow at a significant CAGR during the forecast period.

Based on end user, the 3d food printing market is divided into government, commercial, and residential. The commercial segment accounted for a major share in the 3D food printing market in 2021 and it is expected to grow at a significant CAGR during the forecast period. 3D food printing is used widely for commercial purposes as it helps to prepare a variety of dishes. As a result, due to attractive packaging and long shelf life, the demand for 3d food printing has grown at a rapid pace for commercial uses.

In 2021, Europe accounted for 35.1% share in the global 3D food printing market and is expected to maintain its dominance 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.

>>>Buy Now and Get 15% Discount @ https://www.alliedmarketresearch.com/checkout-final/79f32d3d4a16c5581bc4c79114d407f3

Key findings of the study

On the basis of ingredient, the carbohydrates dominated the market in the year 2021.

On the basis of end user, government segment is likely to be the fastest growing segment with the CAGR of 54.3% during the forecast period.

On the basis of technology, the extrusion-based printing is likely to be the fastest growing segment with the CAGR of 53.6% during the forecast period.

Region wise, Europe dominated the global 3D food printing market.

David Correa
Allied Analytics LLP
1 800-792-5285
email us here


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.