The global 3D Food Printing Market size is projected to reach a CAGR of 58.1% from 2023-2030.
3D food printing is designing and providing 3D shapes to the food ingredients and also maintaining the structure, texture, and taste of the ingredients. 3D food printing is bringing 3-dimensional digital design into a real-world object which is edible. 3D food printing is healthy and good for the environment as it converts proteins from algae, beet leaves, or insects into tasty products. One of the most important benefits of 3D printing is that it provides a door for food customization according to the preferences and needs of the individual. 3D food printing gives rise to new flavours, textures, and shapes to provide new and unique eating experiences. 3D food printing is done by machines called 3D printers.
3D food printing provides the ability to personalize food according to individual needs. The increasing market for customized food is a major reason for the growth of the 3D food printing market. The advancement in technology has made people busier with their work, and they often fail to experience their favourite food due to the shortage of time. This gives rise to the market for customized food; however, the customized food items need to be mixed with appropriate preservatives to keep them fresh. Frequent consumption of preservatives is not good for health in the long run. Thus, 3D food printing technology provides an option to have homemade freshly cooked food for the users. All the mentioned reasons will help in boosting the market during the forecast period.
One of the major restraints that the 3D food printing industry faces are the processing time of the food. It takes much more time compared to traditional methods of preparation. The main reason is that the printer has to maintain a high level of precision while printing food; the printed food needs to cool down first to be solid enough to eat. To print a small design of chocolate, the 3D food printer can take 30–45 minutes, and a consumer would not prefer wasting time on chocolate just for its unique design. Consumers would not prefer to wait for a long time to eat unique-shaped chocolate. This leads to the processing time of 3D-printed foods being a major restraint.
The COVID-19 outbreak jeopardizes food security and nutrition from a variety of perspectives, including food chain disruption, food shortages, reduced purchasing power, unhealthy eating habits, increased food loss, and an increase in unemployment and underemployment. Furthermore, the lack of socializing with friends, colleagues, parents, and others while eating has resulted in stress, anxiety, fear, anguish, and worry, which has exacerbated the negative effects of COVID-19 on the health status of all people, particularly vulnerable consumers such as the elderly and hospitalized patients. 3D food printing has unrivalled and unique potential, allowing for personalized food manufacture, social distancing, decentralization of food manufacturing, people participation in food co-creation, socializing the process, and creating new businesses and jobs. These new ideas should assist in considerably reducing the spread of COVID-19, as well as the threats to people’s health and negative consequences for food security and society.
The industry is growing due to increased demand for gourmet cuisine and the growing trend of fine dining experiences. Growing disposable income, more nutritional awareness, and an increased desire for tailored meals are driving market expansion. People with food sensitivities and unique dietary requirements are increasingly resorting to three-dimensional consumables printing. Awareness programs among food innovators about the need to improve food production technology is a critical problem driving the growth of the 3D food printing industry. The growing business food industry, expanding demand for bespoke food products with nutritional content matched to non-public based on biological demands, and rising concerns about global food safety and advancement are the primary elements driving the 3D food printing market.
Regional Analysis: Asia Pacific to Dominate the Market