Press release
Asia-Pacific Food Coatings Market to Witness High Growth in near future: DPS/Dutch Protein & Services B.V., Kerry Inc., McCormick & Company, Inc., Continental Mills, Inc., TNA Australia Pty Limited, Bowman Ingredients, Cargill
Big Market Research adds 2018-2025 global Asia-Pacific Food Coatings market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.Asia-Pacific Food Coatings Market Overview :
Food coatings are a layer of edible items used in cooking to improve the organoleptic properties and visual appeal of processed, fried, ready-to-eat products, and bakery & confectioneries. Moreover, they are used in cooking for enhancing taste and preservation. Food coatings are available in several types, forms, and textures, and each has its different application. For example, batters can be used to avoid moisture loss while preparing delicate food items such as tender meat or fish. In addition, breadings have become a popular option that are applied as food coatings to fried or baked foods to achieve certain texture, color, or flavor.
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Rise in number of quick-service restaurants (QSRs) such as McDonalds, Burger King, Wendy’s, Subway, and Dunkin’ Donuts has significantly contributed toward the growth of the Asia-Pacific food coatings market. Furthermore, the food coatings market has witnessed considerable growth in the commercial sector, owing to rapid expansion of QSRs and adoption of fast food culture. In addition, development of the food & beverage sector boosts the Asia-Pacific condiments market growth. Moreover, increase in number of shopping and experience centers coupled with expansion of retail sector and changes in lifestyle, owing to rise in disposable income supplements the demand for food coatings. However, fluctuations in prices of raw materials and health concerns associated to fried food are anticipated to hamper the demand for fast food, which in turn affects the demand for food coatings. On the contrary, increase in investments by players in R&D for producing gluten-free flours for batters is expected to provide opportunities of growth for the food coatings market in the Asia-Pacific region.
The Asia-Pacific food coatings market is segmented based on type, application, form, and country. On the basis of type, the market is segregated into predust, batters, breadings, specialty crumbs, oven coatings, tempura, and others. As per application, it is categorized into meat & seafood products, convenience food & ready meals, snacks, baked goods, and others (confectionaries and ready-to eat (RTE) cereals). By form, it is fragmented into liquid, paste, and dry. Country wise, it is analyzed across China, India, Australia, Japan, Indonesia, Thailand, Singapore, Malaysia, Vietnam, and rest of Asia-Pacific.
In 2017, China accounted for the highest share in the Asia-Pacific food coatings market in terms of value and volume. However, India is anticipated to grow at the highest CAGR in terms of value and volume in the near future. 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 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, Bühler AG, Dumoulin, GEA Group, and JBT Corporation.
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Key Benefits for Asia-Pacific Food Coatings Market :
This report provides a quantitative analysis of the current trends, estimations, and dynamics of the Asia-Pacific food coatings market from 2018 to 2025 to identify the prevailing market opportunities.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier‐buyer network.
In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
Major countries in Asia-Pacific are mapped according to their revenue contribution to the coating industry.
Asia-Pacific Food Coatings Key Market Segments :
By Type
Predust
Batters
Breadings
Specialty Crumbs
Oven Coatings
Tempura
Others
By Application
Meat & Seafood Products
Convenience Food & Ready Meals
Snacks
Baked Goods
Others
By Form
Liquid
Paste
Dry
By Country
China
India
Australia
Japan
Indonesia
Thailand
Singapore
Malaysia
Vietnam
Rest of Asia-Pacific
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Table of content:
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for the stakeholder
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary Research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key finding of the study
2.2. CXO perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porters five force analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of new entrants
3.3.4. Threat of substitutes
3.3.5. Intensity of competitive rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in disposable income
3.4.1.2. Increase in fast-food outlets
3.4.1.3. Growth of retail network in emerging economies
3.4.2. Restraint
3.4.2.1. Rising costs of production due to fluctuating ingredient prices
3.4.2.2. Health concerns associated to fast food items
3.4.3. Opportunity
3.4.3.1. Product innovation and improvements in quality of product
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