Report Ocean recently released a research report on the Food 3D Printing Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global food 3D printing market revenue was around US$ 227.4 million in 2021 and is estimated to reach US$ 1,577 million by 2031, growing at a compound annual growth rate (CAGR) of 52.8% during the forecast period from 2022 to 2031.
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Food 3D printing is a three-dimensional food product that can be made using a process for manufacturing and modifying food. A 3D food printer is an arrangement of software, actuators, storage containers, and sensors. It is typically made of food-grade plastic and stainless steel that work together to produce food.
Factors Influencing Market Growth
-The expansion of the custom food market is the primary driver of the food 3D printing market.
-The use of 3D food printing technology makes it possible to quickly and in huge quantities produce wholesome food items. Thus, it is anticipated to fuel the market growth.
-An increase in the usage of 3D printers to create plant-based meat substitutes may propel the market growth.
-Processing restrictions on several ingredients impede market expansion.
Study of the COVID-19 Pandemic
The COVID-19 outbreak had a negative impact on the market. Food security and nutrition are threatened by the lockdown enacted by the government. Several angles, including food shortage, food chain disruption, decreased purchasing power, increased food loss, unhealthy eating patterns, and an increase in unemployment and underemployment. Additionally, the inability to interact socially with friends, coworkers, parents, and other people while eating has led to anxiety, stress, fear, anguish, and worry, which had effects on everyone’s health, especially those who are most vulnerable, like the elderly and hospitalized patients.
However, social isolation, personalized food production, decentralization of food production, public participation in food co-creation, socialization of the process, and the creation of new enterprises and jobs are all possible due to 3D food printing.
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Regional Insights
Europe dominated the market in terms of shares. This is attributed to the region continent with the largest geographic footprint and the location of several manufacturing companies with strong technical backgrounds in additive manufacturing. Adoption of new technologies by the region’s top manufacturers as well as the fact that the region leads the world in international tourism. , these factors are anticipated to boost the market growth in this region.
Leading Competitors
The leading competitors in the global food 3D printing market are:
-Dovetailed
-3Desserts Graphiques
-Systems and Materials Research Corporation
-Natural Machines
-Redefine Meat Ltd
-3D Systems
-BeeHex
-Shiyin Technology Co., Ltd
-Print4taste GmbH
-byFlow B.V.
-TNO
-NOVAMEAT
-Aniwaa Pvt Ltd
-Barilla G. e R
-Fratelli S.p.A
-Modern Meadow
-Others
Segmentation Analysis
The global food 3D printing market segmentation focuses Ingredient, End User, Technologies and Region.
Segmentation based on Ingredient
-Proteins
-Sauces
-Dairy Products
-Carbohydrates
-Dough
-Fruits and vegetables
-Others
Segmentation based on End User
-Government
o Defense
o Education
o Emergency Services
-Commercial
o Retail Stores
o Bakery Manufacturers
o Confectionery Manufacturers
o Restaurants
-Residential
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Segmentation based on Technologies
-Extrusion-based printing
-Binder jetting
-Selective laser sintering
-Inkjet printing
Segmentation based on Region
-North America
-The U.S.
-Canada
-Mexico
-Europe
-Western Europe
-The UK
-Germany
-France
-Italy
-Spain
-Rest of Western Europe
-Eastern Europe
-Poland
-Russia
-Rest of Europe
-Asia Pacific
-China
-India
-Japan
-Australia & New Zealand
-ASEAN
-Rest of Asia Pacific
-Middle East & Africa (MEA)
-UAE
-Saudi Arabia
-South Africa
-Rest of MEA
-South America
-Brazil
-Argentina
-Rest of South America
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Table of Content
Chapter 1: Global Food 3D Printing Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Food 3D Printing market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Food 3D Printing Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Food 3D Printing market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Food 3D Printing market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Food 3D Printing market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Food 3D Printing market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Food 3D Printing business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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