Edible Ink and Accessories - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Edible Ink and Accessories Market is accounted for $19.01 million in 2019 and is expected to reach $37.88 million by 2027 growing at a CAGR of 9.0% during the forecast period. Increasing demand from consumers in households and growing production capabilities for standalone printers are the major factors propelling the market growth. However, scarcity of skilled, talented workers and costly equipment is hampering the market growth.
The edible ink and accessories market comprises of edible ink made out of food-grade colours and accessories to deploy the ink over an edible paper. Edible ink and accessories have a major application in the bakery and confectionery industry which is currently experiencing steady year-on-year growth. The edible ink and accessories market is having appositive impact owing to its early initiation and growing nature of the bakery and confectionery decorative market.
Based on the application, the bakery segment is going to have a lucrative growth during the forecast period owing to the demand for bakery and baked goods, increasing bakery chain culture and cafe culture which has become widespread across the globe. Moreover, new artisanal bakery products are found on the shelves, capturing the eye and taste of consumers.
By geography, North America is going to have a lucrative growth during the forecast period due to the rising demand for edible ink and accessories from bakery and confectionery services and processors in North America. This is the major factor which led to the growth of the market in the North America region.
Some of the key players profiled in the Edible Ink and Accessories Market include Anycake.com Ltd, Bake & Deco Warehouse, Canon Inc, Edible Image Holdings Pty Ltd, Icing Images, Ink 4 Cakes, Island Inkjet & Laser Toners, Kopykake Enterprises Inc, Lexmark International Inc, Seiko Epson Corporation, and The Cake Decorating Co.
• Pens & Markers
Sales Channels Covered:
• Direct Sales Channel
• Indirect Sales Channel
End Users Covered:
• Food Services/ HoReCa
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
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