May 24th, 2022
3D Food Printing Market
GMI Research projects that the 3D Food Printing Market is forecast to witness a robust CAGR of 54% over the coming years (2020-2027), owing to the ongoing technological advancements.
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3D food printing varies the food shape depending upon the need of customers without changing texture, taste, and framework. Growing need to upgrade food technologies has encouraged producers to invest in research and development activities, thereby augmenting the market growth. Moreover, as per the 3D Food Printing Market forecast projects that the surging demand for the personalized food with nutrients and rising concerns about food security are other drivers strengthening the market size. Besides, other factors such as growing demand for nutritional food, accelerating per capita income, and increasing awareness about the remarkable advantages of 3D food printing will expand the 3D Food Printing Market size.
By ingredient, the carbohydrates segment is predicted to witness a faster CAGR over the forecast period, owing to the high energy provided by them. 3D printing could design the food depending upon the needs of consumers, thereby growing demand for carbohydrates in food products.
By vertical, the commercial segment is expected to hold a larger share during the forecast period owing to the augmenting demand for personalized cakes and bakery items by consumers.
By region, North America region is forecast to expand at a higher CAGR over the forecast period. This is attributed to the surge in demand for confectionaries and bakery items like candies, chocolates, burgers, and pizzas. As per the 3D Food Printing Market analysis, the food printers help print soft chewable food for the consumers which has raised the demand for customized food products by the North American population, driving the market size.
3D Food Printing Market Segmentation:
3D Food Printing Market by Ingredient
· Fruits and Vegetables
· Dairy Products
3D Food Printing Market by Vertical
o Emergency Services
o Retail Stores
3D Food Printing Market by Region:
· Asia Pacific
o Rest of APAC
· North America
o United States of America
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
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GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Company Name: GMI RESEARCH
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