3D Food Printers Market

3D Food Printers Market Growth and Forecast (2020-2025):

The Global 3D Food Printers Market size was worth USD xx million in 2020 and is anticipated to reach USD xx million, registering an annual progression rate (CAGR) of xx% between 2020 and 2025.

Market Overview:

3D food printers are about designing and shaping food materials and preserving the structure, texture and flavor of the material. 3D food printers offer three-dimensional digital design for delicious real items. It is considered safe for the environment by transforming protein from insects, algae, or sugar beet greens into delicious products. 3D food printers are an innovative way to structure or create objects layer by layer. The product design is developed by computer and the same system is integrated into the machine. Small grains of raw material are fed into the machine, which are then ejected by the robotic arm to form a 3D shape. 3D food printers turn the protein from beet greens, algae and insects into delicious products that are healthy and good for the environment. 3D food printers bring new flavors, textures, and shapes to create a new and unique dining experience. Even NASA is now looking for a way to 3D print food in space. The main advantage of 3D food printers is the privilege of customizing meals according to personal tastes and requirements, and it is essential to provide texture, fresh taste and shape for a fresh and unique dining environment. The design of the desired shape is developed on the computer and the same system is integrated into the machine. Small particles of raw material are fed into the machine and released by the robotic arm to form a 3D shape. The 3D technology printer not only helps in the formation of required shapes, but also provides food with a pleasant taste to the eye.

3D Food Printers Market Growth:

The growth of the 3D food printers market is mainly driven by factors such as the increased need for personalized food and the demand for medical applications.

REPORT COVERAGE:

Drivers:

The global 3D food printers market is supported by core printing technologies that are in the early stages of development and implementation when it comes to the processed food sector. The rigorous quality assurance and precise nutrition management achieved through 3D printing is a revolutionary concept in itself. 3D food printers have also made its way into the catering industry, with more and more chefs and chefs embarking on food innovation and culinary creativity using 3D food concepts. Increasing consumer demand for customized and tailored foods is driving demand for 3D food printers. Manufacturers have launched innovative printers for applications such as chocolate, confectionery and pancakes, which is increasing demand for commercial and home 3D food printers around the world. As the world becomes more and more self-centered, they seek more personalization and food. There is a growing demand in the market for mass customization, in a variety of colors, shapes, nutrition, flavors and textures. This customization is carried out mainly in food products such as hamburgers, coffee, cakes, ice cream, confectionery, cookies, etc. Technology is also one of the driving forces in the global 3D food printers market. Population growth and rising incomes have raised food security concerns around the world. Several market participants are developing sustainable food production systems. The market is still in its infancy and is witnessing high adoption rates by consumers and professionals. The growing awareness of nutrients and ingredients in food is increasing the market demand for 3D food printers.

The advancement of technology is also the driving force of the market. The widespread use of 3D food printers in the food and medical industry is driving market growth. Additionally, lifestyle changes, the rise of high-end restaurants and bakeries, and eating habits are some of the key factors that are supposed to drive sales growth in the global market during the foreseen years. In addition, increased investments by food technology companies and customization of the nutrients they need are likely to drive global market growth. As technology advances, micro-ovens have appeared in every home. Spreading awareness among food innovators of the need to upgrade food production technology is an important factor in driving the growth of the market and commercial food industry, increasing the demand for personalized foods that use nutrients to meet individual needs. Development is an important factor rapidly promoting the adoption in the global 3D food printers market. The R&D activities of the major players and the provision of innovative food products through new market entry will create new opportunities for the 3D food printers industry in the outlook period.

Restraints:

The high price of 3D food printers and the lack of original taste and texture are several factors that are estimated to hamper the growth of the target market to some extent. 3D food printers can be less effective and at the same time outperform the general trend of personalization technology with high manufacturing costs. Safety and labeling issues, processing complexity and production costs, and the limited range of 3D food printers are other key factors acting as limitations and will further challenge the worldwide 3D food printers market in the coming years.

3D Food Printers Market Segmentation Analysis:

Based on technology, fusion deposition modeling held the largest market share in the global 3D food printers market in 2020. The large market share of this technology is mainly due to its ability to be applied to a variety of food products and provide a high degree of freedom, along with limited cost for object design and extensive customization capabilities.

According to the end user, chocolate is one of the most widely used foods for extrusion printing, so the confectionery manufacturers segment is foreseen to dominate the global 3D food printers market in the following years. 3D food printers are mainly used to print chocolates and sweets due to the increasing consumer demand for personalized confectioneries.

Impact of COVID0-19 on the 3D Food Printers Market:

The coronavirus has spread globally, and most countries are adopting containment measures to control the spread of the virus and ensure public health. All commercial and productive activities, except the food and health sector, are completely paralyzed, causing an economic crisis. Manufacturing and production functions were disrupted, slowing business, and idle trade and transportation completely disrupted the supply chain. This can lead to significant losses for the company in the near future.

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

Europe is the market leader in 3D food printers. In the Netherlands, all microwave pancakes available in supermarkets are printed. In Spain, Natural Machines wanted to bring 3D food printers technology to the home. The United States is also involved in 3D food printers busines because the manufacturer's 3D system is working on many projects with the American Culinary Institute. Besides, the 3D food printers market in Asia Pacific is supposed to grow during the projection period. Factors such as high rates of aging and poverty and a lack of adequate food to feed the population are likely to contribute to the growth of the Asia Pacific market during the foreseen period.

Key Players in the Market:

Major Key Players in the Global 3D Food Printers Market are

• 3D Systems
• Modern Meadow for FMCG
• ZMorph
• Nestle
• Electrolux
• Natural Machines
• Hershey's
• Philips
• Barilla
• Fab @ Home
• NASA
• Choc Edge