Global Edible Inkjet Ink Market Size, Share, Trends & Growth Forecast Report - Segmented By Type (Edible Ink Cartridges, Bottled Edible Ink), Material (Natural, Synthetic), Color (Cyan, Magenta, Yellow, Black), Application (Bakery, Tablets & Capsules), And Region (North America, Europe, Asia Pacific, Latin America, And Middle East & Africa) - Industry Analysis (2024 To 2029)

Updated On: June, 2024
ID: 14053
Pages: 150

Global Edible Inkjet Ink Market Size (2024 to 2029)

The size of the global edible inkjet ink market is expected to be worth USD 32.11 billion in 2024 and grow at a CAGR of 4.60% from 2024 to 2029 to achieve USD 40.21 billion by 2029

Edible inkjet ink is used for decorating edible food products. It is a safe food printing solution for consumption that contains water-based ingredients and is without any toxins. Edible inkjet ink is used along with specific inkjet printers that are designed for food decoration. It allows for printing various colors and designs on edible food products like cakes, cookies, cupcakes, chocolates, pastries, and candies and does not alter the taste and texture of them. Edible inkjet ink allows for personalizing the treats with pictures, messages, designs, and graphics and makes them unique for any occasion or celebration.

MARKET DRIVERS

One of the major drivers of edible inkjet ink market growth is the increasing demand for personalized food products. Nowadays, people desire things or products which are extra special and customized according to their choices. Edible inkjet ink helps to satisfy these consumers' personalized requirements by allowing them to add personal touches to their treats like cakes, pastries, cupcakes, cookies, etc., by avoiding any chemicals or toxins which are harmful to consume. Also, the increased market trend toward designs, photos, messages, etc., on edible food items is influencing the shares of the market.

The growing bakery and confectionery sector are driving the market demand for edible inkjet ink products. As the demand for baked products with attractive photographs and images on them and easy-to-eat food products with decorative designs is increasing thus, the bakery and confectionery sectors are also growing, and hence the demand for the edible inkjet market is boosting. They allow bakers and confectionery manufacturers to create personalized treats and desserts. With this ink printing amazing designs and pictures, also messages on cakes, cookies, pastries, etc., becomes easy, which attracts more consumer base. This is contributing to an increase in the demand for the market.

The safety measures ensured by consuming edible inkjet ink are further driving the market growth. As edible inkjet ink perfectly fits into the rules and regulations of the food authorities, people are considering it a safe ingredient to consume and causing more demand for food products. Nobody wants to eat something harmful. Hence both consumers and industries prefer to use edible inkjet ink in their food products decoration to create unique designs and add photos, messages, etc. on it. This is pushing the market size.

MARKET RESTRAINTS

One of the major factors that is restraining the market demand is the high cost of products with edible inkjet ink. It can cost more than the ink used in normal printers, as edible inkjet ink is made with safe ingredients for food and follows all the rules by food authorities. This extra care in the production adds the price to them. As a result, some people can not afford or finds difficulty in buying products that are made with edible inkjet ink. This attribute restricts the demand for the market.

Another significant challenge to the edible inkjet ink market growth is the rising threat of counterfeit products. Some people are trying to create fake versions of edible inkjet ink and selling them in the market as real ones. Counterfeit inks are different from original edible inkjet ink as they could contain harmful substances that are not safe for consumption. So this impact on the real edible inkjet ink market as people do not trust similar products due to their experiences with fake products. This can significantly contribute to declining in the shares of the market.

MARKET OPPORTUNITIES

A significant opportunity for the market is offered by growing advancements in food printing technology. The improvements in the technology of food printing allow everyone to create attractive designs on their desirable food items. Because advancements result in easy and fast processes and high-quality edible inkjet ink, they can work perfectly on cakes, cookies, pastries, candies, and cupcakes by decorating them more amazingly. Hence, this market has a significant opportunity to expand by attracting more customer base and providing them with various advanced creativity.

Also, the trending use of social media to share celebrations, occasions, and memories is driving the market demand. Recently, everyone loves to share nice and attractive stuff on social media like Instagram, Facebook, Youtube, etc. And edible inkjet ink helps people to create eye-catching designs with various photos, graphics, and messages on the food products like cakes, cupcakes, pastries, etc. Also, celebrations are trending nowadays, and it requires amazing, attractive food items like cakes. So, this has become a great opportunity for the edible inkjet ink market as more people want to use it to show off their beautiful edible creations on social media, influencing the market demand.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

4.60%

Segments Covered

By Type, Material, Color, Application and Region

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Sun Chemical Corporation, Toyochem Co., Ltd., Linx Printing Technologies, Union Chemicar Co., ltd., The Cake Decorating Co. , MagicFrost, Icing Images, Icinginks, Edible Supply, and Edible Image Supplies

 

SEGMENTAL ANALYSIS

Global Edible Inkjet Ink Market Analysis By Type

The edible ink cartridges segment is anticipated to dominate the market during the forecast period. As they are specifically designed for use in compatible edible inkjet ink printers and are easy to install and replace. This is making edible ink cartridges convenient for users, leading to a boost in market demand. However, the bottled edible ink segment is expected to grow at the fastest rate. It provides more flexibility and a cost-effective solution, as users can refill the cartridges instead of purchasing new ones each time. This attribute influences the shares of the market.

Global Edible Inkjet Ink Market Analysis By Material

The natural edible inkjet ink segment is ruling the market share as it is composed of ingredients that are obtained from natural sources. This aligns with the growing demand for natural and clean-label food products and is considered a safe and eco-friendly option in food products. This is majorly driving the demand for the natural edible inkjet ink market. However, the synthetic edible inkjet ink segment is expected to grow at the fastest CAGR in the upcoming years as it provides broader color options and offers more consistent and stable printing results on some food products. This attribute influences the market size.

Global Edible Inkjet Ink Market Analysis By Color

The black edible ink segment is leading the market share during the projected period. It is a crucial color for creating contrast and detail in printed photos, graphics, and designs. Black is considered a premium color, and it is widely used for outlines, text, etc, in edible prints. This is majorly boosting the market demand. However, the cyan edible ink segment is expected to grow at the fastest rate during the forecast period. It is used to create various shades of blue, green, and yellow in combination with other inks in the food printing process. This color is widely used for decoration as it is very attractive, and this pushes the market growth.

Global Edible Inkjet Ink Market Analysis By Application

The bakery segment is ruling the market share during the forecast period, whereas the tablets & capsules segment is expected to grow at the fastest CAGR in the coming years. Edible inkjet ink is widely used in bakeries to decorate cakes, cupcakes, cookies, and other baked foods. The demand for these products is on a surge for various occasions like birthdays, weddings, anniversaries, etc., and that is boosting the demand for the market. However, edible inkjet ink is also used for printing directly on tablets and capsules. It helps to improve overall product information. This attribute is driving the market demand in this segment.

REGIONAL ANALYSIS

The North American region is dominating the market with the largest share. The growing baking industry and consumers increasing demand for personalized food products are boosting the edible inkjet ink market demand in this region. However, the Asia Pacific region is expected to grow at the fastest rate during the forecast period. The increased demand for bakery products in the counties like China, India, and Japan is influencing the shares of the market. Also, the consumers changing preferences like customized food products further contribute to expanding the market in this region.

KEY MARKET PLAYERS

Major Key Players in the global Edible Inkjet Ink Market are Sun Chemical Corporation, Toyochem Co., Ltd., Linx Printing Technologies, Union Chemicar Co., ltd., The Cake Decorating Co. , MagicFrost, Icing Images, Icinginks, Edible Supply, and Edible Image Supplies

RECENT HAPPENINGS IN THE MARKET

  • In March 2022, Sun Chemical Corporation introduced a line of FSR Edible Inkjet Inks for direct printing in food and medicinal applications. This product launch offers an opportunity to encourage the growing personalized food trend.
  • In January 2022, Inkjet, thermal Inkjet, edible ink, and stationery products, including correction and glue tape production facilities for Union Chemicar, were expanded from Japan to other foreign sites. The goal of the expansion is to increase the impact and presence globally.
  • In June 2021, To create environmentally friendly ink products, VPK France, a division of VPK Group, and Sun Chemical strategically partnered. The goal of this collaboration was to transfer printing operations at French locations using Sun Chemical's SunVisto AquaGreen renewable inks.

DETAILED SEGMENTATION OF THE GLOBAL EDIBLE INKJET INK MARKET INCLUDED IN THIS REPORT

This research report on the global edible inkjet ink market has been segmented and sub-segmented based on type, material, color, application, and region.

By Type

  • Edible Ink Cartridges
  • Bottled Edible Ink

By Material

  • Natural
  • Synthetic

By Color

  • Cyan
  • Magenta
  • Yellow
  • Black

By Application

  • Bakery
  • Tablets & Capsules

By Region

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa

 

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Frequently Asked Questions

1. What is the estimated CAGR of the edible inkjet ink market during the forecast period ?

The edible inkjet ink market is expected to grow at a CAGR of 4.6% during the forecast period 

2. Which region accounted for the largest edible inkjet ink market share?

The edible inkjet ink market is anticipated to reach USD 38.4 million by 2028.

3. Mention the top key players in the edible inkjet ink market?

The North American region is accounted for the largest edible inkjet ink market share.

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