Food Coating Ingredients Market Trend Growth Forecast Report 2023

Posted by Arzan Bhesania on July 10th, 2019

Market Overview:

Food Coating Ingredients market has been estimated at USD 3.32 Billion in 2018 and is projected to reach USD 4.47 Billion by 2023, at a CAGR of 6.15% during the forecast period from 2018 to 2023. Food coating involves food processing by controlling a product’s development, arrangement, texture and taste structures. Food coating ingredients can be liquid or solid, depending upon the particular application. The procedure includes placing the product particles in motion and instantaneously applying the coating ingredient in a particular pattern to expose one to another. Food coatings play an important role in the processed food industry.

Market Drivers and Restraints:

The market for Food Coating ingredients is mainly driven due to factors like new developments in the field of antimicrobial coatings, inclining demand for health foods, rising intake of confectionaries along with ready to eat fried food and bakery products especially in developing countries. But, the market growth is constrained due to increase in health concerns among consumers which is restraining the global sales of fried food and high-calorie bakery products, where food coatings are used.

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 https://www.marketdataforecast.com/market-reports/food-coating-ingredients-market /

Report segmented as

By Type:

  • Cocoa
  • Chocolate
  • Fats & Oil
  • Salt
  • Spices
  • Flour & Batter
  • Starch
  • Hydrocolloid
  • Sugar & Syrups

By Application:

  • Bakery
  • Confectionery
  • Cereal
  • Dairy
  • Snacks
  • Fruits & Vegetables
  • Meat

Geographical Analysis:

Geographically, Global market for Food Coating Ingredients is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. North America is the biggest market in terms of market share across the globe, followed by Europe. Food Coating Ingredients demand in the Europe region is primarily driven by bakers and confectioners. Asia Pacific and MEA regions are estimated to achieve highest gains in the near future, followed by Latin America.

Important Market Players:

Cargill Incorporated, Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Kerry Group plc, Ashland Inc., Tate & Lyle PLC, AGRANA Group, PGP International, Inc., DohlerGroup, and SensoryEffects Ingredient Solutions are the major players of Global Food Coating Ingredients market.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: https://www.marketdataforecast.com/

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Arzan Bhesania

About the Author

Arzan Bhesania
Joined: June 18th, 2019
Articles Posted: 39

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