The report presents an in-depth assessment of the Global Food Coating Ingredients including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Food Coating Ingredients investments from 2020 till 2025.
Global food coating ingredients market is growing at a CAGR of 5.8% during the forecast period (2020-2025).
– Food coating is an instantaneous application of ingredients in nourishment handling and controls improvement strategy. The market is mainly driven by the increasing demand from food industrial application, especially, confectionery, bakery, fried foods and ready-to-eat foods, contributing towards color, taste, and sweetness attributes to the food product being coated. Apart from these, the requirement for anti-microbial coating is also compelling the food coating industry to introduce carious coating ingredients for food products. Among the coating ingredients used by the industries, sugars and syrups hold the major share in the ingredient market, followed by cocoa & chocolates owing to their immense scope of application. In addition to food industries, the encapsulation technique has been touted as suitable option to deliver nutraceuticals in convenient formats..
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Top Leading Manufactures-
Cargill Inc., Archer Daniels Midland Company, Associated British Foods PLC, Agrana Beteiligungs-Ag, Pioneer Foods, Cooperatie AVEBE U.A., Ingredion Incorporated, Tate & Lyle PLC, Kerry Group
Key Market Trends
Increased Consumption of Confectioneries Products
The consumption of confectioneries, such as wafer bars, fondant, pastries, and candies, has been increased significantly in recent years owing to the demand arising from children, especially chocolate coated products. These coatings also extend the shelf-life of the product. Also, traditionally, the process of enrobing was slow and involved manually dipping; however, with increased demand for these products has opened room for many technologically advanced techniques such as electrostatic coating, therefore, enhancing the production rate and meeting the demand of the consumers. Additionally, the increase in the total store has boosted the growth of the confectionery market.
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Asia-Pacific is The Fastest Growing Region
In the Asia-Pacific region, India and China specifically are the fastest-growing region due to the robust demand for confectionery and dairy industries, along with the growing popularity for RTE convenience foods among the working population has propelled the growth of the market. In addition to theses, changing lifestyles and increasing disposable incomes of consumers in emerging economies of the Asia-Pacific region like India and China is boosting the market sales.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a Global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Global Food Coating Ingredients Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2014 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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