Asia-Pacific Food Coatings Market: predust segment dominates the Asia-Pacific food coatings market, owing to increase in consumption of fried food in the Asian countries.

The Asia-Pacific food coatings market size was valued at $572.00 million in 2017, and is projected to reach $990.41 million by 2025, growing at a CAGR of 7.1% from 2018 to 2025. Rapid economic growth and increase in per capita income in the Asia-Pacific region have led to significant changes in food production and food consumption patterns.

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This is majorly attributed to changes in lifestyles, due to increase in disposable income. The predust segment dominates the Asia-Pacific food coatings market, owing to increase in consumption of fried food in the Asian countries such as China, Japan, and India. This is anticipated to boost the demand for food coatings, thereby driving the growth of the Asia-Pacific food coatings market. In addition, rise in demand for meat & seafood products boosts the Asia-Pacific coatings market growth.

Leading players in the Asia-Pacific food coatings market have focused on product launch as their key strategy to gain a significant share in the coatings market. The key players profiled in the report include DPS/Dutch Protein & Services B.V., Kerry Inc., McCormick & Company, Inc., Continental Mills, Inc., TNA Australia Pty Limited, Bowman Ingredients, Cargill, Bhler AG, Dumoulin, GEA Group, and JBT Corporation.

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In 2017, China accounted for the highest market share in the Asia-Pacific food coatings market and is projected to witness a significant revenue growth from 2018 to 2025, owing to increase in affluence, rise in fast food outlets in the region, and high consumption of meat. According to the Organization for Economic Co-operation and Development (OECD), the total consumption of poultry meat in China was 19,360.85 kilotons in 2017 compared to 18,389 kilotons in 2016. India is anticipated to exhibit the highest growth rate in the Asia-Pacific food coatings market, owing to increase in consumption of meat and rise in number of quick-service restaurants (QSRs). Furthermore, upsurge in disposable income and busy lifestyle have persuaded people to adopt convenient food options such as fast foods and ready-to-eat meals, which include predust, batter, breadings, and other products. This change in consumption pattern is expected to drive the growth of coatings in the Asia-Pacific region.

5: ASIA-PACIFIC FOOD COATINGS MARKET BY APPLICATION

5.1. Overview

5.1.1. Market size and forecast
5.1.2. Market volume and forecast

5.2. Meat & seafood products

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market value analysis, by country
5.2.3. Market volume analysis, by country

5.3. Convenience food & ready meals

5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market value analysis, by country
5.3.3. Market volume analysis, by country

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5.4. Snacks

5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market value analysis, by country
5.4.3. Market volume analysis, by country

5.5. Baked goods

5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market value analysis, by country
5.5.3. Market volume analysis, by country

5.6. Others

5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market value analysis, by country
5.6.3. Market volume analysis, by country

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