A recent report published by Infinium Global Research on the edible ink and accessories market provides an in-depth analysis of segments and sub-segments in the global as well as regional edible ink and accessories market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional edible ink and accessories market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global edible ink and accessories market. According to the report, the global edible ink and accessories market is projected to grow at a CAGR of 7.2% over the forecast period of 2019-2025.

Market Insight

Edible inks are the specially formulated food coloring mixtures that are used for printing onto icing sheets. The high demand for food-grade ink cartridges leads to increased production of edible ink and accessories. The growth of the edible ink and accessories market is attributed to the introduction of new printers. The end-user preference shift from bakery items to drinks and desserts propels the growth of the market.

The rising small scale business and home-based bakery services in developed and developing regions stimulate the growth of the edible ink and accessories market. The edible ink and accessories include edible ink made from food-grade colors and accessories that deploy ink over an edible paper. It has a major application in the bakery and confectionery industry. Further, the growing penetration of cafe culture and social media boom drives the expansion of the edible ink and accessories market. With an increase in consumer spending, there is an increase in the use of smartphones and social media. It leads to westernized eating habits and leisure experiences. This growing bakery chain culture and safe culture bolsters the expansion of the market. Additionally, the surge in demand for photo cakes and photo coffee products propels the growth of the edible ink and accessories market. Furthermore, factors such as rising awareness about new food products, globalization of the food and beverage industry, and increasing use of social media for product publicity contribute to the expansion of the edible ink and accessories market. The increasing demand for premium and high precision products fuels market growth. On the flip side, scarcity of skilled and talented workers and costly equipment hinder the growth of the edible ink and accessories market. Moreover, new product launches and the introduction of various marketing techniques create several opportunities for the growth of the edible ink and accessories market.

Geographically, the global edible ink and accessories market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. North America is expected to hold the largest share in the global edible ink and accessories market. The rising demand for edible ink and accessories from bakery and confectionery services and processors in North America led to the growth of the market in the North America region. Europe is anticipated to grow in the global edible ink and accessories market with a healthy CAGR over the forecast period. The growing bakery and confectionery industry and demand for fresh-cut fruit products in Europe drive the growth of the edible ink and accessories market in Europe. Asia-Pacific region has lucrative growth opportunities in the global edible ink and accessories market owing to the rising adoption of western cuisine and the baking industry in the region.

Segment Covered

The report on the global edible ink and accessories market covers segments such as product type, application, and end-use. On the basis of product type, the sub-markets include cartridge, and pens and markers. On the basis of application, the sub-markets include confectionery, bakery, snacks, and other applications. On the basis of end-use, the sub-markets include food services, and household.

Companies Profiled:

The report provides profiles of the companies in the market such as Canon Inc., Lexmark International Inc., Seiko Epson Corporation, Ink 4 Cakes, The Cake Decorating Co., Anycake.com Ltd., Edible Image Holdings Pty Ltd., Kopykake Enterprises Inc., Icing Images, Island Inkjet & Laser Toners, and Other companies.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of edible ink and accessories market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.