Food 3D Printing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Global Food 3D Printing Market is projected to grow at a CAGR of 20.21% during the forecast period (2020-2025).
Key HighlightsRising consumer demand for customized and personalized food products is boosting the demand for 3D printers. Manufacturers are launching innovative 3D food printers for indulgence applications such as chocolates, confectioneries, and pancakes leading to an increased demand for 3D food printers at a commercial as well as domestic level globally. As the world is getting more self-centered they are going for more customization and so their food. The market need for mass customization is increasing and is going for different shapes, colors, flavors, nutrition, and textures. This customization is done mainly on food products like coffee, hamburgers, ice cream, cake, biscuits, confectionary and others. Technology is also one of the driving force behind 3D food printing market.
North America holds a Significant Market ShareNorth America is projected to hold the largest share of the 3D food printing market in 2019, and the market in Asia-Pacific region is expected to grow at the highest rate between 2019 and 2025. The presence of major 3D food printing companies in the North America region is helping the growth of the market in this region. Also, the US government allocates a large amount of budget in the healthcare sector, which allows it to spend significantly on the application of this technology in the healthcare sector. 3D food printers provide food rich in specific nutrients, and this food eases chewing and swallowing for the old patients, aiding convenience in feeding the patients.
Competitive LandscapeSome of the major key players in the food 3D printing market, globally include BeeHex, byFlow, CandyFab, Choc Edge, Nufood, Natural Machines, Systems, and Materials Research Corporation (SMRC), among others.
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