Market Overview:
The global food grade inks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for food grade inks from various end-use industries, such as food & beverages, supplements & neutraceuticals, and others. In addition, the growing awareness about the benefits of using food grade inks is also contributing to the growth of this market. Based on type, water based ink segment is projected to lead the global food grade inks market during 2018-2030. This can be attributed to its properties such as non-toxicity and environmental friendliness that make it suitable for use in printing applications involving contact with consumable items such as foods and beverages.
Product Definition:
Food grade inks are inks that are approved for contact with food. They are safe to use on packaging and labeling that will come into contact with food. Food grade inks are important because they ensure that food is safe to eat.
Water Based:
Water-based inks are widely used in the food industry for printing and labeling of packaged foods. The growing demand for ready-to-eat, processed, and frozen foods is expected to drive the growth of this market over the forecast period. In addition, rising consumer awareness regarding healthy eating habits has led to increased consumption of fresh fruits & vegetables which is further expected to propel market growth during the forecast period.
Solvent Based:
Solvent-based inks are used for food grade printing on account of their properties such as non-toxic, water solubility, and high viscosity. Solvent based ink is made up of three components including pigments (for color), binder (to hold the ink together) and solvent (that dissolves the binder to leave the pigment particles).
Application Insights:
The food and beverages application segment led the global market in 2017. This was attributed to growing demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and bakery products. In addition, increasing consumption of alcoholic drinks is expected to propel the product demand in this segment over the forecast period.
The supplement & pharmaceuticals application segment accounted for a significant share of 13.9% in 2017 on account of high product penetration in labeling of nutritional supplements as well as medicines packaging applications.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for functional food & beverages, supplements and other applications. The region is expected to witness a CAGR of XX% over the forecast period on account of increasing demand for nutritional products and growing health awareness among consumers.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rapid industrialization coupled with supportive government initiatives in key economies such as China, India, Japan and South Korea aimed at promoting manufacturing activities within these countries. In addition, rising disposable income levels are anticipated to fuel product consumption across this region over the coming years (Figure 2).
Europe also held a significant share in terms of revenue as a result of high R&D investments by various companies operating within this industry pertaining towards development of new typesof ink that can be used specificallyfor food printing applications or other purposes (i.e., not necessarily limitedto printing edible materials).
Growth Factors:
- Increasing demand for food packaging from the food and beverage industry is expected to drive the growth of the food grade inks market.
- Rising demand for sustainable and environment-friendly printing inks is projected to fuel the growth of this market during the forecast period.
- Growing popularity of digital printing is anticipated to boost the demand for food grade inks over the next few years.
- Proliferation of new printing technologies, such as 3D printing, is likely to create lucrative opportunities for players operating in this market during the forecast period. 5) The increasing use of edible ink by restaurants and cafes across developed countries is expected to propel growth prospects for this market during
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Inks Market Research Report
By Type
Water Based, Solvent Based, Others
By Application
Food & Beverages, Supplements & Neutraceuticals, Others
By Companies
Mylan Group, Independent Ink, Digital Ink Technologies, Needham Ink, Inkjet
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Inks Market Report Segments:
The global Food Grade Inks market is segmented on the basis of:
Types
Water Based, Solvent Based, 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
Food & Beverages, Supplements & Neutraceuticals, 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:
- Mylan Group
- Independent Ink
- Digital Ink Technologies
- Needham Ink
- Inkjet
Highlights of The Food Grade Inks 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:
- Water Based
- Solvent Based
- Others
- By Application:
- Food & Beverages
- Supplements & Neutraceuticals
- 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 Food Grade Inks 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.
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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?
Food grade inks are specifically designed for use in food-related products. They are made from a variety of ingredients, including water and oil, and they are free of harmful chemicals. Food grade inks can be used to print labels or packaging for food products, and they can also be used to create edible images on foods.
Some of the key players operating in the food grade inks market are Mylan Group, Independent Ink, Digital Ink Technologies, Needham Ink, Inkjet.
The food grade inks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Grade Inks 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 Food Grade Inks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Grade Inks 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 Food Grade Inks 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 Food Grade Inks Market Size & Forecast, 2018-2028
4.5.1 Food Grade Inks Market Size and Y-o-Y Growth
4.5.2 Food Grade Inks Market Absolute $ Opportunity
Chapter 5 Global Food Grade Inks 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 Food Grade Inks Market Size Forecast by Type
5.2.1 Water Based
5.2.2 Solvent Based
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food Grade Inks 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 Food Grade Inks Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Supplements & Neutraceuticals
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Grade Inks 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 Food Grade Inks 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 Food Grade Inks Analysis and Forecast
9.1 Introduction
9.2 North America Food Grade Inks 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 Food Grade Inks Market Size Forecast by Type
9.6.1 Water Based
9.6.2 Solvent Based
9.6.3 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 Food Grade Inks Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Supplements & Neutraceuticals
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 Food Grade Inks Analysis and Forecast
10.1 Introduction
10.2 Europe Food Grade Inks 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 Food Grade Inks Market Size Forecast by Type
10.6.1 Water Based
10.6.2 Solvent Based
10.6.3 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 Food Grade Inks Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Supplements & Neutraceuticals
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 Food Grade Inks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food Grade Inks 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 Food Grade Inks Market Size Forecast by Type
11.6.1 Water Based
11.6.2 Solvent Based
11.6.3 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 Food Grade Inks Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Supplements & Neutraceuticals
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 Food Grade Inks Analysis and Forecast
12.1 Introduction
12.2 Latin America Food Grade Inks 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 Food Grade Inks Market Size Forecast by Type
12.6.1 Water Based
12.6.2 Solvent Based
12.6.3 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 Food Grade Inks Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Supplements & Neutraceuticals
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) Food Grade Inks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food Grade Inks 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) Food Grade Inks Market Size Forecast by Type
13.6.1 Water Based
13.6.2 Solvent Based
13.6.3 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) Food Grade Inks Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Supplements & Neutraceuticals
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 Food Grade Inks Market: Competitive Dashboard
14.2 Global Food Grade Inks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mylan Group
14.3.2 Independent Ink
14.3.3 Digital Ink Technologies
14.3.4 Needham Ink
14.3.5 Inkjet
