Market Research Report
Global Food Coating Market Analysis, 2013-2023
|Global Food Coating Market Analysis, 2013-2023|
Published: June 1, 2018
Content info: 120-150 Pages
Delivery time: Inquiry
Food coating has gained extensive usage to bestow dietary supplements to ameliorate acting on the use of its properties of being in ready-to-eat products, processed food, fried food and bakery & confectioneries. With lifestyles becoming increasingly frenzied, the utilization of bakery products is sprouting, as they are an easy snacking option at an affordable price.
The global food coating market report shows insights about the current market state by conducting the secondary and primary research for over 320 hours. In accordance to the report, the global food coating market is expanding its global footprint in a swift note. The global food coating market is valued at US $ xxx million dollars in 2018. This market is forecasted to grow at a rate of xx% annually and expected to reach a striking US $ xxx million dollars in value by the end of 2023.
Major driving factors for this market is the rising demand for meat & seafood, poultry, bakery products, and confectionery products consumption, growing requirement for processed & ready-to-eat food. The growing need for crunchy & crispy food is triggering the growth for breaded products in the meat & seafood sectors, which shows a positive stance for the growth for breading usage in the food coating industry.
The soar in the aging population in developed countries has also led to growing health concerns, due to which they favor fresh, farm grown, and less processed food products where no artificial ingredients are used. These facets are expected to constrict the growth of the food coating market in the longer run.
The Northern American regions was anticipated to continue its supreme position in the food coating market during the estimated period. These regions are assisted by superior food coating technologies and usage new technology equipment for coating the food ingredients. Major consumers in the US and Canadian regions consume more of salty snacks like potato chips, which require dry coating on food. Moreover, these countries devour frozen food that requires coating for a prolonged shelf life. Consumers in these regions opt for cereals as breakfast options where food coating is used. Above factors have stimulated the growth and will be driving factors for food coating market in Northern American regions and across the globe.
The major players in the global food coating company are Marel, GEA Group, Buhler AG, JBT Corporation, TNA Australia Pty Limited, Clextral, Dumoulin, Spice Application Systems, Cargill, Kerry Group, Tate & Lyle Plc, Newly Weds Foods, and PGP International.
The research procedure starts with the division of the various market segments of the global food coating market which is coupled with the growth factors identification of every segment and followed by market forecasts. The market forecasts are done based on the insights presented by the industry experts across the global food coating industry value chain. Market Krystal dedicated more than 36 hours of interview for this stud, the fine points of the same are stated below: