The global edible inkjet ink market is projected to reach from 26 million in 2022 to USD 33 million by 2027, growing at a CAGR of 4.5% from 2022 to 2027. The edible inkjet ink market is growing at a stable pace with various acquisitions and partnerships among the industry participants. In January 2022, Union Chemicar expanded its production facilities of inkjet, thermal inkjet and edible inks, and stationery items such as correction and glue tapes from Japan to different international locations. This expansion aims to strengthen the global presence.
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Stable growth in the bakery industry
The bakery industry is witnessing steady growth globally and, more specifically, in developing countries. Bakery products are gaining traction owing to their increasing nutrient value and affordability. Moreover, in developing countries, the increasing female working population, the growing influence of foreign trends, and changing consumer eating habits drive the demand for bakery goods.
Risk of contamination with non-food-grade ink migration
Food items may get contaminated by ink migration when harmful non-food-grade ink is used on food packaging instead of edible inkjet ink. This is a significant concern, especially in food products like tablets, capsules, and baby foods. Ink migration occurs when ink components from the packing material infiltrate food. In addition to contaminating food, ink migration can alter the taste and odor of food, pose harmful effects on customer health, and compromise the reputation of the company.
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North America held the largest market share in edible inkjet ink market
North America is the one of the key contributors when it comes to development and application of new technologies. The well-developed manufacturing industry, availability of advanced machinery, qualified technicians, and innovative ideas among others are some of the key factors contributing to the development of technologies for edible inkjet ink printing. Countries such as US and Canada contribute majorly to the growth of markets in North America. The proliferating bakery and confectionery industry in the US supports the growth of customized products. Personalized gifting trend of printed cakes and cookies accelerates the growth of edible inks required for printing. There is a wide scope for the edible inkjet ink market to grow in the US. Direct on-food printing is a recent marketing strategy applied by start-ups and established companies both to improve the sales of convenient foods by customizing conventionally processed food products and making them more appealing to consumers.
Key players in this market include Sun Chemical Corporation (US), Toyochem Co., Ltd. (Japan), Linx Printing Technologies (UK), Union Chemicar Co., ltd. (Japan), The Cake Decorating Co. (UK), MagicFrost (US), Icing Images (US), Icinginks (US), Edible Supply (US), and Edible Image Supplies (Australia), among others.
