Press release
Coatings and Fillings Market Market Global Industry 2017-2023- Key Trends, Market Analysis, Demand, Revenue and Future Prospects.
Market Research Future Publish a New Market Research Report On - “Global Coatings and Fillings Market Market Size, Status, Analysis and Forecast to 2023”.Market Synopsis of Coatings and Fillings Market
Market Definition
Coatings and fillings are the application of a layer of liquid or powder form of any substance on the food product. The main attribute of coating and filling is to improvise taste, texture, appearance, and flavor in the food and beverage industry. The most commonly used flavors in coatings and fillings are chocolate, hazelnuts, caramel, fruit, vanilla, and others. They have a wide range of application in bakery and confectionery, dairy products, sweet and savory snacks, beverages and others. High demand for confectionery products is driving the market for coatings and fillings.
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Market Scenario
Coatings and fillings market is highly influenced by the growth of processed food industry. They are used in the food and beverage industry owing to its attribute of adding taste, texture, appearance, and flavor to the food products. High inclination of growing population towards the appearance of the product is driving the market for coatings and fillings.
Changing lifestyle followed by a changing consumption pattern are adding fuel to the growth of coatings and fillings market. Moreover, rapid growth in the technology and continuous efforts in R&D is bringing innovations in coatings and fillings, which is further boosting the growth of the coatings and fillings market. However, a large number of fats and calories content in coatings and fillings is a restraint to the growth of the market. Nevertheless, increasing innovations with sugar-free coatings and natural fillings is an opportunity for the market growth.
Intended Audience
Bakery industry
Beverage industry
Dairy industry
Food processing industry
Traders, importers, and exporters
Key Findings
Currently, the key players are making huge investments in innovation and expansion of their coatings and fillings business
High inclination towards organic fruit flavors in coatings and fillings
Segments
On the basis of flavor, the market is segmented into chocolates, hazelnuts, caramel, fruit, vanilla, and others. Among all, chocolate is dominating the market owing to the health benefits associated with it such as improved blood flow and reduction in the risk of heart-related disease. Moreover, the rich and robust texture adding an attribute of chocolate is boosting the demand for chocolate. However, fruit and hazelnuts are projected to witness a substantial growth in the coming years owing to the wide range of flavors provided along with different health benefits.
Based on the form of coatings and fillings, the market is segmented into liquid, powder, granular and chunks, and others. The liquid form of coatings and fillings is witnessing high growth based on its ease of application. However, granular and chunks are expected to witness moderate growth over the estimated period.
On the basis of application, the market is segmented into bakery and confectionery, dairy and frozen desserts, sweet and savory snacks, beverages, and others. The bakery and confectionery segments are dominating the market owing to high inclination of the population in developed countries towards baked and confectionery products. However, the dairy and frozen desserts are likely to witness substantial growth over the estimated period.
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Regional Analysis
The global coatings and fillings market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the market followed by North America. In Europe, Switzerland, Germany, France, and the U.K. are the prominent consumers of coatings and fillings. North America is witnessing high growth owing to high inclination of the population towards bakery and confectionery products.
Asia Pacific is witnessing substantial growth over the forecast period in which the changing lifestyle of the population in developing countries such as China and India are majorly contributing. Moreover, continuous innovations in coatings and fillings are expected to boost the growth of the market in rest of the world.
Key Players
Some of the key players profiled in the global coatings and fillings market are Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Domson Ltd (U.K.), DuPont Nutrition & Health (Denmark), Barry Callebaut (Switzerland), Belgostar (Belgium), Tate & Lyle (U.K.).
Table Of Content
Chapter 1. Methodology And Scope
1.1. Research Methodology
1.1.1 Initial Data Exploration
1.1.2 Statistical Modelling And Forecast
1.1.3 Industry Insights And Validation
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Coatings And Fillings Industry Market Synopsis, 2017-2023
2.1.1 Business Trends
2.1.2 Product Flavor Trends
2.1.3 Product Form Trends
2.1.4 Product Application Trends
Chapter 3 Coatings And Fillings Market Industry Insights
3.1 Industry Segmentation
3.2 Industry Size And Forecast
3.3 Industry Ecosystem Analysis
3.4 Industry Impact Forces
3.4.1 Growth Drivers
3.4.1.1 Increasing Demand For Processed Foods
3.4.1.2 Continuous Innovation
3.4.2 Industry Pitfalls & Challenges
3.4.2.1 High Amount Of Fats And Calories
3.4.2.2 Increasing Issue Of Obesity And Diabetes Among The Population
3.5 Growth Potential Analysis
3.6 Company Market Share Analysis, 2016
3.7 Porter’s Analysis
3.8 PESTEL Analysis
Chapter 4 Coatings And Fillings Market By Flavor Insights
4.1 Global Coatings And Fillings Market Volume Share By Flavor, 2017-2023
4.1.1 Chocolate
4.1.1.1 Market Estimates & Forecast, 2017-2023
4.1.2 Hazelnut
4.1.2.1 Market Estimates & Forecast, 2017-2023
4.1.3 Caramel
4.1.3.1 Market Estimates & Forecast, 2017-2023
4.1.4 Fruit
4.1.4.1 Market Estimates & Forecast, 2017-2023
4.1.5 Vanilla
4.1.5.1 Market Estimates & Forecast, 2017-2023
4.1.6 Others
4.1.6.1 Market Estimates & Forecast, 2017-2023.
CONTINUED……………………………………………………………………………
Complete TOC and List of Tables @ https://www.marketresearchfuture.com/reports/coatings-fillings-market-4759
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