Market Research Report
Global Food Coating Ingredients Market Analysis, 2013-2023
|Global Food Coating Ingredients Market Analysis, 2013-2023|
Published: June 1, 2018
Content info: 120-150 Pages
Delivery time: Inquiry
Food coating ingredients find their need in being used in magnifying the organoleptic characteristics of RTE products, processed food, fried food, and bakery items, and other confectioneries. The availability of n-number of food coating ingredients pleases the customers taste choices. Food coating plays a critical role in the processing of food by managing a product's development, its texture, and taste profiles. Coating ingredients can be liquid or solid depending on the particular foods use. The food processing industry uses the food coating ingredients and gives it a huge market. Components like sugar, syrup, spice, salt, and seasonings are some food coating ingredients to name a few that are widely utilized by the food and beverage manufacturers and its industries.
The report on the global food coating ingredients market presents the inside information on the current market state by holding over 307 meticulous hours of primary and secondary research. As per the research report, the global food coating ingredients market is growing its effectual radius across geographies at a fast pace. The global food coating ingredients market is valued at a massive US $ xxx million dollars in 2018 which is projected to reach an impressive US $ xxx million dollars by the end of 2023 which is forecasted to grow at an annual growth rate of xx%.
Consumers wanting to enjoy a wide range of food that devour their taste buds towards baked and confectionery products is the significant factor driving growth in developing countries. Manufacturers are constantly creating new food coating ingredients to store the food products and protect the food from spoilage. These factors could be driving forces for the global food coating ingredients market to grow globally.
Consumers becoming conscious about their calorie content in food could decrease the demand for the food coating ingredients market. Strict rules, laws and regulations laid down by the government authorities in Northern American, and European regions is likely to hinder towards the market growth. Also, the involvement of FDA and European Commission towards the prevention of usage of artificial preservatives and chemicals in food & beverage industry is anticipated to restrain the market.
The Northern American and European regions are the two foremost regions in food coating ingredients market owing to its growth in wide consumption of dairy and bakery products.
The key players in the global food coating ingredient market are AGRANA Beteiligungs, Archer Daniels Midland Company, Bowman Ingredients, Cargill, and Ingredion.
The research method includes the market segmentation of global food coating ingredients coupled with the identification of the growth determinants of every segment and market forecasts. The market forecasts are conducted based on the inputs given by the market experts of food coating ingredients industry. Market Krystal worked meticulously for more than 43 hours to conduct interviews; the particulars of the same are given below: