Edible 3D Printing Market - Forecasts from 2024 to 2029
The edible 3D printing market is expected to surge with a CAGR of 41.98% to achieve a market size of US$2,096.263 million by 2029, up from US$180.221 million in 2022.
One of the major drivers driving the growth of the global edible 3D printing market is the expanding consumer electronics industry. 3D printers are becoming widely available and are also available for personal use for food printing purposes at home.
The main application is in the production of 3D-printed chocolates, candies, sugar, and even gluten-free 3D-printed food, among other food items. Furthermore, the growing global population and the need to meet their increasing food demand, as well as changing lifestyle conditions, will provide an opportunity to boost the growth of the global edible 3D printing market during the forecast period.
Geographically, North America and Europe are expected to hold a significant market share due to early invention adoption. In addition, the major 3D printing companies are based in this region, which is further promoting the growth of the edible 3D printing market in this region.
Market Drivers:The advent of 3D printing in the food industry is expected to revolutionize the edible 3D printing food industry -
The integration of 3D printing technology into the food sector has emerged as a transformative force, with food companies worldwide actively exploring its applications. Through sustained efforts, what was once merely a concept has now evolved into a revolution in food innovation and production.
This transformation is driven by enhanced customizability, heightened creativity, and the delivery of sustainable food solutions. As the global population continues to expand, creating a surge in food demand, the market for 3D-printed food remains robust, fueled by the rapid prototyping capabilities of this technology.
The global human population, which stood at 8.0 billion in mid-November 2022, is projected to grow from the current 8 billion to 9.7 billion by 2050, possibly peaking at nearly 10.4 billion in the mid-2080s. This demographic trend presents an opportunity for manufacturers to capitalize on, increasing their market presence and enhancing customer satisfaction.
Furthermore, with changing lifestyles driving a preference for convenience foods, the market is poised for significant growth within the expanding food industry during the forecast period.
With rising health consciousness among individuals, the market is expected to expand-
While there are growing technological advancements in food products, innovators in the additive manufacturing industry are coming up with 3D food printing systems that not only use fresh ingredients to prepare a variety of food cuisines but also to control food sizes to reduce food overconsumption
Additionally, with the growing trend of busy lifestyle adoption among consumers worldwide, the preference for healthy foods has also risen. As a result, 3D food printers on the market are capable of regulating preservatives, chemicals, and additives as needed, resulting in healthy foods.
Furthermore, with the increasing prevalence of chronic diseases as a result of poor dietary habits, there is a pressing need for the market to expand at a rapid pace. Companies such as Foodini and Biozoon are producing healthy foods, further promoting the market’s growth in the forecast period. Biozoon, a German company, has developed a 3D food printer for converting fresh food materials into Smoothfood puree. The healthy puree is aimed at people who have medical conditions and find it difficult to consume whole foods.
Edible 3D Printing Market segmentation by End-User into restaurants, bakery & confectionery, and individual consumer
The segmentation of the Edible 3D Printing Market by End-User comprises Restaurants, Bakery & Confectionery, and Individual Consumers. Restaurants utilize edible 3D printing technology to craft elaborate desserts, appetizers, and artistic food presentations.
Bakery & Confectionery establishments leverage this technology to provide personalized cakes, chocolates, and other confections to their customers. Individual Consumers primarily utilize edible 3D printing for home experimentation and to create novelty food items.
APAC is anticipated to hold a significant share of the Edible 3d Printing Market-
The Asia Pacific region will experience rapid market growth and is expected to be one of the fastest-growing regions during the forecast period due to the presence of a large consumer base.
As a result, there is a high demand for the food industry to proliferate in terms of food production technology, resulting in burgeoning market demand, particularly in China and India. However, global 3D food printing is currently at a nascent stage but is an important technology to be adopted worldwide with the booming global demand for food as the global population rises.
Market Developments:June 2022- Roberto Lemus, a professor at the University of Chile, and several students used a 3D food printer and a modern twist on the traditional use of cochayuyo (seaweed), algae commonly found in Chile, New Zealand, and the South Atlantic, to create nutritious and edible figures for children.
April 2022- A digital bakery called The sugar lab is 3d printing candies that look and taste unique. It is the world's first digital bakery that produces 3D-printed candy. Candies can be printed at a rate of about one per minute, which is extremely fast; no other 3d printing technology can go at that rate.
Market Segmentation:
By Application3D Printed Sugar
3D Printed Chocolate
3D Printed Pasta
Others
By End-userRestaurants
Bakery & Confectionary
Individual Consumer
By GeographyNorth America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
UK
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
Japan
India
South Korea
Indonesia
Taiwan
Thailand
Others