The
overall three-dimensional (3D) food printing market is expected to be valued at
USD 425.0 Million by 2025, growing at the CAGR of 54.75% between 2018 and 2025.
Increasing demand for 3D food printers and three-dimensionally printed food
from hospitality industry pose a key opportunity for the market. The benefit of
getting food rich in specific nutrients, growing market for customized food,
and rising demand from the healthcare applications are some of the key factors
driving the 3D food printing market.
The
key players operating in the 3D food
printing market include the major
players striving for development of 3D food printing technology; these players
are TNO (Netherlands), 3D Systems (US), Natural Machines (Spain), Systems And
Materials Research Corporation (US), By Flow (US), Print2taste GmbH (Germany),
Barilla (Italy), CandyFab (US), Beehex (US), Choc Edge (UK), Modern Meadow
(US), Nu Food (UK), and North branch Everbright (China). Most of the leading
companies focus on the organic growth strategies such as new product launches
and developments and inorganic strategies such as agreements, partnerships, and
collaborations to boost their revenues.
Top 2 players in the 3D food printing
market:
3D
Systems (US) holds a leading position in the global 3D food printing market due
to its wide geographic presence and strong R&D capabilities, with offices
and distributors spread across more than 80 countries including US, France,
Germany, Italy, Switzerland, the UK, China, Korea, and Japan. 3D Systems Corp.
is a provider of design-to-manufacturing solutions for 3D printing. The company
offers 3D printers, Quickparts solutions, 3D authoring tools and scanners,
bespoke modeling, and team platform. The company also provides solutions for
healthcare applications, such as end-to-end simulation, training and planning,
and printing of surgical instruments and devices for personalized surgery and
patient-specific medical and dental devices. 3D Systems presents a broad
portfolio of printers which includes stereolithography (SLA) printers,
selective laser sintering (SLS) printers, direct metal printing (DM) devices,
multi jet printing (MJP) devices, color jet printing (CJP) devices, film
transfer imaging (FTI) printers, and plastic jet printing (PJP) devices.
3D
Systems have set up 3D Systems Culinary Lab. The lab is learning,
collaboration, and exploration space, where chefs and food innovators
experience the intersection of their traditional craft and 3D printing. This
unique asset is a testing ground where the food industry helps create a
culinary ecosystem involving the adoption of 3D printed food and mixology of
the future. This shows the company’s growing interest in the 3D food printing
market. The company has also partnered with the Culinary Institute of America
(US) to explore the intersection of 3D printed food and traditional artisan
culinary methods. The company’s 3D food printer, named, ChefJet Pro is capable
of printing many food items including chocolates and candies. Along with its
capability to print a variety of food items, the global presence of the company
is likely to help the company to compete strongly with other regional players.
In 2015, the company acquired Cimatron Ltd. (Israel), a provider of integrated
3D CAD/CAM software and solutions; the acquisition was worth USD 77,984. The
operations of Cimatron have been integrated into the company’s products and
service revenues segments, which is further expected to help the company to
strengthen its market position.
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