Asia-Pacific Food Coatings Market Analysis Report with Highest CAGR and Major Players like Kerry Inc., Continental Mills, Inc., Cargill, Bhler AG, Dumoulin

Asia-Pacific Food Coatings Market by Type, Application, and Form: Opportunity Analysis and Industry Forecast, 20182025, the Asia-Pacific food coatings market size was $572.00 million in 2017, and is projected to reach $990.41 million by 2025, registering a CAGR of 7.1% from 2018 to 2025. In 2017, the meat & seafood segment accounted for more than one-third of the share in the Asia-Pacific market in terms of value.

Food coating is the process of applying or coating an edible item on the surface of a food product to aid in the cooking process. The food coatings considered in the report include predusts, batters, breadings, specialty crumbs, oven coatings, tempura batters, and others.

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These coatings are available in several forms and textures, and each form has different applications. 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 coatings to fried or baked foods to achieve crunchy texture.

Busy lifestyle persuades people to find easy alternatives to food. As a result, the frequency of visiting QSRs has increased, which in turn has driven the demand for food coatings in Asia-Pacific.

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Asia-Pacific Food Coatings Market Segmented by Type, Application, Form and Regions.

n 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.

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The 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, Bhler AG, Dumoulin, GEA Group, and JBT Corporation.

Key Findings of the Asia-Pacific Food Coatings Market :
In 2017, China was the highest contributor to the Asia-Pacific food coatings market in terms of value and volume, growing at a CAGR of 7.4% and 6.2%, respectively, from 2018 to 2025.
In 2017, predust segment was the highest contributor to the Asia-Pacific food coatings market in terms of value, and is estimated to grow at a CAGR of 5.4% from 2018 to 2025.
In 2017, batter segment is expected to growth at the highest CAGR of 8.6% from 2018 to 2025.
In 2017, meat & seafood segment accounted for the highest market share in food coatings market, and is estimated to grow at CAGRs of 6.5%.
In 2017, India accounted for a prominent market share in food coatings market, and is anticipated to grow at the highest CAGRs of 9.2%.

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