Market Overview:
The global edible ink market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for personalized cakes and candies, and rising awareness about food safety. Based on type, black edible ink is expected to account for the largest share of the global edible ink market in 2018. This can be attributed to its growing popularity among consumers for printing text and images on cakes and other bakery products. Based on application, cake shops are expected to account for the largest share of the global edible ink market in 2018.
Product Definition:
Edible ink is a food dye used for printing on edible surfaces such as sugar paper and icing. It is also used in cake decorating.
Black:
Ink is black in color, because it does not contain any colorants. It is made up of carbon and hydrogen. The most common types of edible ink are water-based and solvent-based. Edible ink can be used for printing on confectionery products, beverages & food items, pharmaceuticals & medical devices among others.
Red:
Red edible ink is a food-grade pigment that is obtained from the leaves of cochineal insects. The color redness can be exhibited by any part of the body and hence it has been used in various applications including cosmetics, textiles, and paints. Cochineal insect’s larvae live on Coccus cacti (a Mediterranean plant) and produce carminic acid which gets converted to red pigment during processing.
Application Insights:
Cake shops accounted for the largest revenue share of over 40% in 2017. The application segment is bifurcated into cake shops and candy shops. Cake shop owners use edible inks to decorate cakes with designs, letters and shapes that are attractive as well as appealing to the consumers who come for the purpose of buying cakes. Candy shop owners use these products to write messages on their product packaging that appeal directly to customers¢â‚¬â„¢ heartstrings by making them laugh or cry out loud while purchasing a particular product from a candy store shelf, thus driving up demand from this application segment over the forecast period. Other applications include bakery stores, confectionery stores and others which mainly cater to events such as weddings where decoration of various items including cupcakes is common practice among wedding planners across countries such as India, China Japan etc.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of a large number of food coloring companies, coupled with rising demand for edible ink from confectionery and bakery products manufacturers in this region. Europe accounted for over 25% share of the global revenue in 2017 owing to growing product demand from several industries including pharmaceutical, food & beverage and cosmetics among others.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing awareness regarding health benefits associated with these products such as improved liver function and protection against cancer among others. Moreover, growing adoption by major cake shops as an alternative option for conventional dyes will drive regional market growth during the forecast period.
Growth Factors:
- Increasing demand for personalized food products
- Rising awareness about the benefits of edible ink printing
- Growing popularity of 3D printing technology
- Proliferation of digital media and social networking platforms
- Advances in food printing technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Edible Ink Market Research Report
By Type
Black, Red, Blue, Others
By Application
Cake Shop, Candy Shop, Others
By Companies
Canon, Epson, HP, Kopyform, Edible Supply Inc., Icinginks, The Cake Decorating Co., PhotoFrost, MagicFrost
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Edible Ink Market Report Segments:
The global Edible Ink market is segmented on the basis of:
Types
Black, Red, Blue, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cake Shop, Candy Shop, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Canon
- Epson
- HP
- Kopyform
- Edible Supply Inc.
- Icinginks
- The Cake Decorating Co.
- PhotoFrost
- MagicFrost
Highlights of The Edible Ink Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Black
- Red
- Blue
- Others
- By Application:
- Cake Shop
- Candy Shop
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Edible Ink Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Edible ink is a type of food dye that can be used to color foods and beverages. It is made from natural or synthetic ingredients, and it is often used in place of regular food coloring.
Some of the major companies in the edible ink market are Canon, Epson, HP, Kopyform, Edible Supply Inc., Icinginks, The Cake Decorating Co., PhotoFrost, MagicFrost.
The edible ink market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Edible Ink Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Edible Ink Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Edible Ink Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Edible Ink Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Edible Ink Market Size & Forecast, 2018-2028
4.5.1 Edible Ink Market Size and Y-o-Y Growth
4.5.2 Edible Ink Market Absolute $ Opportunity
Chapter 5 Global Edible Ink Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Edible Ink Market Size Forecast by Type
5.2.1 Black
5.2.2 Red
5.2.3 Blue
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Edible Ink Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Edible Ink Market Size Forecast by Applications
6.2.1 Cake Shop
6.2.2 Candy Shop
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Edible Ink Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Edible Ink Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Edible Ink Analysis and Forecast
9.1 Introduction
9.2 North America Edible Ink Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Edible Ink Market Size Forecast by Type
9.6.1 Black
9.6.2 Red
9.6.3 Blue
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Edible Ink Market Size Forecast by Applications
9.10.1 Cake Shop
9.10.2 Candy Shop
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Edible Ink Analysis and Forecast
10.1 Introduction
10.2 Europe Edible Ink Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Edible Ink Market Size Forecast by Type
10.6.1 Black
10.6.2 Red
10.6.3 Blue
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Edible Ink Market Size Forecast by Applications
10.10.1 Cake Shop
10.10.2 Candy Shop
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Edible Ink Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Edible Ink Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Edible Ink Market Size Forecast by Type
11.6.1 Black
11.6.2 Red
11.6.3 Blue
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Edible Ink Market Size Forecast by Applications
11.10.1 Cake Shop
11.10.2 Candy Shop
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Edible Ink Analysis and Forecast
12.1 Introduction
12.2 Latin America Edible Ink Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Edible Ink Market Size Forecast by Type
12.6.1 Black
12.6.2 Red
12.6.3 Blue
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Edible Ink Market Size Forecast by Applications
12.10.1 Cake Shop
12.10.2 Candy Shop
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Edible Ink Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Edible Ink Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Edible Ink Market Size Forecast by Type
13.6.1 Black
13.6.2 Red
13.6.3 Blue
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Edible Ink Market Size Forecast by Applications
13.10.1 Cake Shop
13.10.2 Candy Shop
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Edible Ink Market: Competitive Dashboard
14.2 Global Edible Ink Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canon
14.3.2 Epson
14.3.3 HP
14.3.4 Kopyform
14.3.5 Edible Supply Inc.
14.3.6 Icinginks
14.3.7 The Cake Decorating Co.
14.3.8 PhotoFrost
14.3.9 MagicFrost
