Edible Ink and Accessories Market Expected to Expand at a Steady CAGR through 20

1. Edible Ink and Accessories Market Expected to Expand at a Steady CAGR through 2025 Standalone Printers Increase Production of Bakery Items Introduction of new printers are steering growth for the edible ink and accessories market. For instance, in June 2019, iView - a manufacturer of consumer electronics, announced the launch of their new Picasso Smart Art Printer for drinks and desserts. Emergence of new printers is gaining prominence in the market of edible ink and accessories, since the end use preference is shifting from only bakery items to drinks and desserts. There is a growing demand from consumers in households for standalone printers that alleviate the need for connection with other devices. Companies in the edible ink and accessories market are increasing production capabilities in food-grade ink cartridges to support the convenience of end users. In comparison to pens & markers, the cartridges segment is expected to grow pervasively during the forecast period, with an estimated revenue of ~US$ 9.2 Mn by 2029. Hence, manufacturers in the market for edible ink and accessories are helping end users to boost their production in the domain of bakery products by increasing the availability of refillable and non-refillable cartridges. Request A Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=465 99 Compliance with FDA Guidelines Boosts Uptake of Edible Printers Growing awareness about edible printing has triggered growth for the edible ink and accessories market. Global demand for clean label products has compelled market players to comply with the safety standards formulated by the FDA and other government institutions. Thus, abiding by the FDA norms is helping market players to bolster their credibility in the global market for edible ink and accessories. Though the revenue of food services/HoReCa segment is higher than that of household segment in the edible ink and accessories market, the household end use segment is projected for exponential growth during the forecast period. As such, household segment is estimated to reach a revenue of ~US$ 3.8 Mn by the end of 2029. Hence, companies in the market for edible ink and accessories are increasing research in food safety technology to develop edible printers that gain the trust and faith of users in household environment. The pervasively growing startup culture is another key driver for market growth, as more number of consumers are coming up with innovative business ideas related to bakery and confectionary products. Photographic-quality Imagery Gains Popularity as Profitable Business Model More number of end users resonate with leading players, such as Canon Inc. and Seiko Epson Corporation to buy edible printers in the edible ink and accessories market. The idea of digital ink applied onto edible substrates to create photographic-quality imagery is increasingly gaining popularity as a profitable business model for end users in food service and household alike. Hence, manufacturers in the edible ink and accessories market are

2. capitalizing on this trend by introducing innovative printers and pens that satisfy the needs of users. They are increasing their research to develop inks and accessories that abide by government norms to bolster their credibility credentials. Apart from North America and Europe, companies in the edible ink and accessories market are delving into untapped opportunities to strengthen their supply chains in high growth regions of Latin America, Middle East, and Africa. Emergence of high-quality edible papers and chocolate transfer sheets are some of the key drivers for the overall market growth of edible ink and accessories. Purchase A Report- https://www.transparencymarketresearch.com/checkout.php?rep_id=46599&l type=S Limitations of 3D Printing Pens Cater to Improvements in Weight and Pricing Strategies Novel innovations, such as 3D printing pens are driving the market for edible ink and accessories. For instance, an innovator in 3D pens using photopolymers CreoPpop, announced the launch of their first-of-its-kind cordless 3D printing pen to meet end user needs. However, there is a growing need to develop lightweight pens and less-expensive ink cartridges to boost the uptake of 3D printing pens. Hence, manufacturers in the edible ink and accessories market are increasing R&D and tests to compare their offerings in 3D printing pens with other vendors to improvise on the weight and cost of their products. Online crowdfunding platforms are supporting the growth of startups looking to enter the market for edible ink and accessories. Emerging players are collaborating with e-Commerce sites to gain visibility in the global market landscape.