According to a new market report published by Lucintel, the future of the 3D food printing market looks promising with opportunities in the food industry. The global 3D food printing market is expected to grow with a CAGR of 554% from 2020 to 2025. The major drivers for this market are increasing market for customized food and benefits of giving food rich in specific nutrients.
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3D food printing is the process of manufacturing food products. In this market, government, commercial, and residential are the major vertical segments. Lucintel forecasts that commercial will remain the largest vertical segment over the forecast period due to increased demand for customized cakes and bakery items by consumers.
Within this market, carbohydrates will remain the largest ingredient segment over the forecast period due to increasing consumer requirment for high-carbohydrate and low-protein diet.
North America will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to the huge market for confectioneries and bakery products, increased demand for customized food products, and capability of 3D food printers to print soft, chewable food for the geriatric population.
TNO, 3D Systems, byFlow, Natural Machines, Systems And Materials Research Corporation, Beehex, Choc Edge, Modern Meadow, Nu Food, and North Branch Everbright are among the major suppliers in the global 3D food printing market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global 3D food printing market by ingredient, vertical, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global 3D Food Printing Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global 3D food printing market by ingredient, vertical, and region as follows:
By Ingredient [Value ($ Million) shipment analysis for 2014 – 2025]:
Dough
Fruits and Vegetables
Proteins
Sauces
Dairy Products
Carbohydrates
By Vertical [Value ($ Million) shipment analysis for 2014 – 2025]:
Governments
Commercial
Residential
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.