Press release
Global Food Coating Ingredients Market size demand will increase by 2016-2024
Global Food Coating Ingredients Market: Overview
Food coating is a major stage in the processed food industry; food coating is applied to different kinds of food products to improve their nutritional profile and texture. Food coating varies according to food coating ingredient and nature of the substrate that is used, it also allows blending of two coating naturally. Food coating ingredients are available in both forms liquid and solid in the market depending on the application and purpose. Series of steps such as application, coalescence, and stabilization are followed in the process while applying food coating ingredients to the foodstuffs.
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Global Food Coating Ingredients Market: Growth Factors
Changing preferences of consumers towards healthy foodstuffs and growth in the consumption of fried food and bakery products is augmenting the global food coating ingredients market growth in developed countries. Anti-microbial coating encourages the food coating industry to introduce new coating ingredients in order to increase the demand for the product in the global market. Growth in food and food processing industries will drive the food coating ingredients market in the near future. Increasing need to keep the food fresh and flavored for a long time also contributes to the rise in food coating market. Fast food segment is gaining significant popularity across the globe which leads to increased demand for nutritious food coating ingredients.
Global Food Coating Ingredients Market: Segmentation
The food coating ingredients market is categorized based on the application which includes vegetables and fruits, dairy products, confectionaries, meat and poultry products, nutritional bars and snacks, bakery products, and others. Based on the type, the global market is fragmented as hydrocolloids, spices, salts, fats & oil, syrups and sugar, cocoa and chocolates, starches, flours, and others.
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Global Food Coating Ingredients Market: Regional Analysis
North America and Europe are the leading regions for food coating ingredients market owing to growth in the consumption of the dairy and confectionery food products. Asia-Pacific shows a significant growth owing to increasing demand for dairy and confectionary food sectors. Considerable growth in the agricultural sector in the developing countries such as China and India contribute to the food coating ingredients market growth. Governments in many countries have declared several food parks in order to fuel the demand for the product in the global market. Rapid urbanization, improving living standards, and higher investments in emerging economies have opened up new growth opportunities in the Latin American region. The Middle East Arab countries are highly investing in the food processing techniques thus bolstering the market for food coating ingredients in the coming years. Innovation in the food coating ingredients industry, usage of antimicrobial food coating ingredients, and increasing support for compelling the use of antimicrobial food coatings in the regions anticipates strengthening food coating ingredients market.
Global Food Coating Ingredients Market: Competitive Players
Prominent players in the global food coating ingredients market are Archer Daniels Midland Company, PGP International Inc., Cargill foods, Dohler Group, Tate & Lyle Plc., and Agrana Group.
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Food Coating Ingredients Market by Regional Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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