The global food coating ingredients market is expected to increase from $2,645.6
million in 2014, and reach $3,698.6 million in 2020 with a CAGR of 5.8%. The up
surging bakery and confectionery industries, increasing demand for convenience
foods, growing consumer demand for food protection agents are some of the
factors, driving the growth of the global food coating ingredients market. The
consolidating industry of food coating ingredient is a key trend that can be
seen in the global food coating ingredients market. The Asia-Pacific food
coating ingredients market is expected to witness fastest growth, with a CAGR
of 8.7% during 2015 – 2020. The higher economic growth and busy lifestyles are
also driving the growth of the frozen food market, and consequently driving the
upsurge in the global food coating ingredients market within the region. Due to
the increasing health awareness, the demand for foods with organic ingredients
has been propelling, which is providing growth opportunities for the global
food coating ingredients market.
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Report Description with Detailed TOC on “Global Food Coating Ingredients
Market” at: https://www.psmarketresearch.com/market-analysis/food-coating-ingredients-market
The growing demand for bakery products
and up surging domestic bakery production in North America is intensifying the
growth of the food coating ingredients market in the region. Western Europe is the largest food coating
market in European region, as of 2015. The main reason for the growth of the
food coating ingredients market in Western Europe is the existence of large
number of end-user industries in the bakery and confectionery segment.
The information and data in the
publication “Global Food Coating Ingredients
Market Size, Share, Development, Growth and Demand Forecast to 2020 – Industry
Insights by Types (Cocoa and Chocolates, Fats and Oils, Spices and Seasonings,
Flours, Batter and Crumbs, Starches, Hydrocolloids, Sugars and Syrups), by
Applications (Bakery, Confectionery, RTE Cereals and Bars, Dairy, Savory Foods,
Frozen Foods, Meat and Poultry)” represent the research and analysis of
data from various primary and secondary sources. A bottom-up approach has been
used to calculate market size of products of the global food coating
ingredients market. The market numbers for countries are obtained through
top-down approach. P&S Market Research analysts and consultants interacted
with leading companies of the concerned domain to substantiate every single
value of data presented in this report. The company bases its primary research
on discussions with prominent professionals and analysts in the industry, which
is followed by informed and detailed, online and offline research.
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The chocolate industry is growing at a
rapid pace, which is offering considerable growth opportunities for the cocoa
and chocolate segment in the Rest of the World market. The rapid
industrialization and increasing disposable incomes are propelling the demand
for food coating ingredients. With the increasing disposable income, the
consumers are willing to pay extra for
health enhancing products. The innovative new product development that
effectively target the most pertinent consumer needs, such as meeting
age-specific nutritional needs, and getting the best value and convenience are up
surging the growth of the food coating market. The increasing population, along
with growing disposable income is propelling the demand for end user
industries, such as bakery and confectionery. The increasingly busy lifestyle
and rapid urbanization are expected to drive the demand of products for
on-the-go consumption.
The major companies operating in the
global food coating ingredients market include Archer Daniels Midland Company
(ADM), Cargill Inc., E.I. du Pont de Nemours and Company, Ashland Inc., Ingredion
Incorporated, Agrana Beteiligungs AG, Kerry Group, Döhler GmbH, PGP
International Inc., and Balchem Corporation.
FOOD COATING INGREDIENTS MARKET
SEGMENTATION
Food Coating Ingredients by Type
·
Cocoa
and Chocolates
·
Fats
and Oils
·
Spices
and Seasonings
·
Flours
·
Batter
and Crumbs
·
Starches
·
Hydrocolloids
·
Sugars
and Syrups
·
Others
Food Coating Ingredients by
Application
·
Bakery
·
Confectionary
·
RTE
Cereals and Snack Bars
·
Dairy
·
Savory
Snacks
·
Frozen
Foods
·
Meat
and Poultry
·
Others
GEOGRAPHICAL SEGMENTATION
Food Coating Ingredients Market by
Region
·
North
America
o
The
U.S.
o
Canada
o
Mexico
o Rest of North America
·
Europe
o
The
U.K.
o
Germany
o
France.
o
Italy
o Rest of Europe
·
Asia-Pacific
o
China
o
Japan
o
India
o
Australia
o Rest of Asia-Pacific
·
Rest
of the World (ROW)
o Brazil
o Rest of RoW
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