hi

3D Food Printing Market Share 2022 | Explosive Factors of Revenue by Manufacturing Size, Share, Future Trends, Opportunities, Industry Expansion Strategies and Global Analysis by Forecast to 2031

Kenneth Research, in its repository of market research reports, have recently added a report on 3D Food Printing Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The 3D Food Printing Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for 3D Food Printing Market products.

Request Free Sample Copy :-
https://www.kennethresearch.com/customization-request-10075428

According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017.

Highlights of Business Report:

Global 3D Food Printing Market is expected to expand at a CAGR of 50% during the period 2017-2024 and is expected to reach USD 400 million by 2024. The market growth is driven by factors such as growing demand for customized food and increasing demand from the healthcare applications. Food Ink, a 3D printed restaurant serves the deserts to the customers that are 3D printed.

Global 3D Food Printing Market Overview

3D printing is an innovative way of structuring an object or creating layer by layer. A design of the product is developed into the computer and the same system is integrated with the machine. Small granules of the raw materials are feeded into the machines that are further released by the robot arm to form the 3D shape. The similar technology is applied for creating food products. 3D technology printers not only help in the formation of the 3D shape but also deliver the food with eye pleasing taste and most importantly the taste.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Regional Market).”

The technology has brought the tremendous change in the food industry with several companies across the globe trying their hand at 3D printing food. 3D printing technology involves a process known as additive manufacturing, wherein 3D deposition printers slowly deposits the layers of materials, one of the top of the other, until a product is released. 3D printers are used for manufacturing and creating food utilizes lasers, powdery materials and nozzles and is opening the new doors for the customization of the food products with a delivery of potent mix of the right nutrients.

Different printers are used for creating the image of the food and among them one is ChefJet manufactured by the 3D systems. It crystalizes the thin layers of fine grain sugar into a variety of geometric configurations. Choc-Edge, another printer from Barcelona based Natural Foods, dispenses chocolate from syringes into a beautifully melty pattern. Moreover, the cutting-edge printers can handle more tasks as compared to the ChefJet and Choc-Edge printers. The Foodini, for example uses fresh ingredients loaded into stainless steel capsules to make foods like pizza, brownie and stuffed pasta.

The time and effort saved by the 3D food printers has led to their adoption across the various companies globally. With the democratization of the technology, 3D printers can print various foods, including chocolate. The printers can print the complicated chocolate sculptures and beautiful pieces for decoration on a wedding table. This has been made possible with these printers as these printers reduce time which otherwise is possible only through the years of experience.

Market Size and Forecast

The market is expected to expand at a CAGR of 50% during the period 2017-2024 and is expected to reach USD 400 million by 2024. The market growth is driven by the factors such as growing demand for customized food and increasing demand from the healthcare applications. Food Ink, a 3D printed restaurant serves the deserts to the customers that are 3D printed.

Further, a German nursing home, uses a 3D printer to create a food product called Smooth foods that is a mixture of mashed peas, carrot and broccoli. Moreover, the consumer with 3D printer at home could log into an online database of recipes and could design his own meal as long as there are right ingredients in the meal.

Leading Key Players of Global Market

Natural Machines
Company Overview
Key Product Offerings
Business Strategy
Financials
Choc Edge
TNO
By Flow
Print2taste GmbH
CandyFab
Beehex
Nu Food
SMRC
3D Systems
Scope and Context

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

Download Sample of This Strategic Report-
https://www.kennethresearch.com/customization-request-10075428

“We are open for the customization of this report for our client.”

Table of Content:

  • Executive Summary
  • Research Methodology
  • Global Market Size (USD Million) and Forecast
  • Market Dynamics & Its Impact Analysis
  • Global Market Segmentation Analysis
  • Porter’s Five Force Model Analysis
  • Competitive Landscape
  • Company Overview
    • Financial Performance
    • Key Products
    • Business Strategy
    • Recent Developments
    • SWOT Analysis

WHAT IS THE SCOPE OF THE REPORT WITH IMPACT OF COVID-19?

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

WHICH MARKET DYNAMICS AFFECTS THE BUSINESS DURING COVID-19?

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

  • Key Topic Covered in this Report
  • Market Growth Opportunities
  • Leading Market Players
  • Market Size and Growth Rate
  • Market Growth Drivers
  • Company Market Share
  • Market Trends and Technological Innovations
  • Impact Analysis of COVID-19 (CORONA Pandemic) on Global Market

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

Download Sample of This Strategic Report-
https://www.kennethresearch.com/customization-request-10075428

About Kenneth Research

Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
Contact Us

Kenneth Research

Email : Sales@kennethresearch.com

Phone: +1 313 462 0609

Leave a Reply