Press release
Food Coating Ingredients Market Size, Industry Trends and Report Foorecast 2023-2028
Food Coating Ingredients Market
The global food coating ingredients market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
What is Food Coating Ingredients Market
Food coating ingredients are substances used to enhance the sensory appeal, texture, taste, and shelf-life of food items. They include flour, starches, hydrocolloids, sugars, chocolates, fats, oils, and salts. They provide a protective layer that prevents damage to the food product during transport and handling. They help retain the nutritional value of the food item by preventing nutrient loss during cooking and processing. They regulate the moisture content in food items, preventing them from becoming too dry and soggy. They enable manufacturers to extend shelf-life, add nutritional value, and enhance sensory appeal. They are used in confectioneries, ready-to-eat (RTE) cereals, fried foods, bakery products, and snacks.
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Global Industry Trends and Drivers:
The rapidly changing lifestyles and the increasing consumer preference for processed foods, convenience foods, and RTE products are catalyzing the demand for these ingredients to improve the shelf-life, taste, and texture of food. Additionally, advancements in food technology and the development of innovative products are favoring market growth. Apart from this, the rising demand for healthy food options is resulting in the escalating demand for coatings that offer nutritional benefits, such as fortification with vitamins, minerals, and probiotics. The expansion of the food service industry and the rising influence of food vlogging channels and websites is positively influencing the market. Furthermore, the leading market players are focusing on the development of coating ingredients made from whole grains and dietary fibers that help enhance the digestibility of the food product.
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What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Breakup by Type:
• Sugars and Syrups
• Cocoa and Chocolates
• Fats and Oils
• Spices and Seasonings
• Flours
• Batter and Crumbs
• Others
Breakup by Form:
• Dry
• Liquid
Breakup by Application:
• Bakery
• Confectionery
• Breakfast Cereals
• Snacks and Nutritional Bars
• Dairy Products
• Meat and Poultry Products
• Fruits and Vegetables
• Others
Breakup by Region:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
AGRANA Beteiligungs-AG, Associated British Foods plc, Bowman Ingredients, Bühler Holding AG, Cargill Incorporated, Döhler, GEA Group Aktiengesellschaft, Ingredion Incorporated, Kerry Group plc, Marel, Newly Weds Foods Inc., Roquette Frères and Tate & Lyle PLC.
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Contact us:
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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