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The Infinium Global Research analyzes the Food Coating Ingredients Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global food coating ingredients market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of food coating ingredients. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the food coating ingredients market during the period. The global food coating ingredients market is projected to grow at a CAGR of 6.1% over the forecast period of 2018-2024.

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Food coating is the application of a layer of solids or liquids onto a food product. Food coating is a part of food processing activity that is used to improve the products structure, taste, and texture. Coatings are added for the enhancement of organoleptic properties or food energy of a food product. They are a barrier that limits the contact of the product with the environment, modifies the functional properties of foods, and contributes to the control of the surface moisture preventing the agglomeration, adhesion, or disintegration of food. The substances used mainly as coatings in solid foods are mono and disaccharides, modified starches, polyalcohols, silicates, and other anti-wetting coatings. The coating process begins with the application of the coating on the food product and is completed by a stabilizing process such as freezing, cooling, heating or drying to increase the shelf-life of the product.

Growing Per Capita Income and Changing Lifestyles of Consumers are Driving Factors for the Growth of Food Coating Ingredient Market

Growing per capita income and changing lifestyles of consumers are driving factors for the growth of food coating ingredient market. The intensifying popularity for low saturated fat levels in confectionery coatings also promotes the growth of food coating ingredient market. The expanding popularity of junk food among teenagers also drives the food coating ingredient market. Additionally, a shift in eating habit of consumers along with changing taste preference and limited availability of time owing to busy lifestyle is making consumers depend on ready to eat food products or foodservice outlets boosts the growth of this market. The rising demand for processed food in emerging regions is expected to be the key trend in the near future for food coating ingredients market.

However, the stringent regulations by FDA and European Commission towards reducing the use of chemical coatings hinder the growth of food coating ingredient market. The increasing popularity of outlets namely KFC and McDonald’s, increasing per capita income and consumer’s willingness to spend in developing economies is likely to experience growing demand for food coating ingredient market in the future.  Moreover, the growing research and development for the production of plant-based coating ingredients with increased shelf-life create an opportunity for the new entrants in the food coating ingredients market.

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Asia Pacific is the Fastest Growing Region

The Asia Pacific is the fastest growing region followed by North America and Europe in the food coating ingredient market. The growth in the Asia-Pacific market for food coating ingredient is due to the rising processed food products demand, growing disposable income and growing population in this region. The strong demand for confectionery products in this region creates a need for food coating ingredients. The remarkable growth in agriculture in India and China is expected to have a progressive impact on Global Food Coating Ingredients industry during the forecast. The growth in food coating ingredient in North America and Europe owing to the increase in consumption of dairy and bakery products.

Food Coating Ingredients Market: Segmentation

The report on global food coating ingredients market covers segments such as ingredients and applications. On the basis of ingredients, the global food coating ingredients market is categorized into cocoa & chocolates, salt, spices & seasonings, fats & oils, flours, starches, batter & crumbs, sugars & syrups, hydrocolloids, and others. On the basis of applications, the global food coating ingredients market is categorized into ready-to-eat cereals, bakery products, dairy products, confectioneries, snacks & nutritional bars, meat & poultry products, fruits & vegetables, and other.

Food Coating Ingredients Market: Competitive Landscape

The report provides profiles of the companies in the global food coating ingredients market such as Archer Daniels Midland Company (ADM), Cargill, Incorporated, Agrana Beteiligungs-AG, E. I. du Pont de Nemours and Company, Ingredion Incorporated, PGP International, Inc., SensoryEffects, Kröner-Stärke GmbH, DöhlerGroup, and Ashland Inc.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the food coating ingredients.

=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.

=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.  

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.