Asia-Pacific Food Coatings Market by Type (Predust, Batters, Breadings, Specialty Crumbs, Oven Food Coatings, Tempura, and Others), Application (Meat & Seafood Product, Convenience Foods & Ready Meals, Snacks, Baked Goods, and Others) Form (Liquid, Paste,

Asia-Pacific Food Coatings Market by Type (Predust, Batters, Breadings, Specialty Crumbs, Oven Food Coatings, Tempura, and Others), Application (Meat & Seafood Product, Convenience Foods & Ready Meals, Snacks, Baked Goods, and Others) Form (Liquid, Paste, and Dry), and End User (Restaurants, Fast Food Chains, Bakery Chains, and Others): Opportunity Analysis and Industry Forecast, 2021–2030

The Asia-Pacific food coatings market size was valued at $562.5 million in 2020 and is projected to reach $1,275.9 million by 2030, registering a CAGR of 8.2% from 2021 to 2030.

Food coating is a layer of edible item used in cooking to improve the organoleptic properties and visual appeal of processed, fried, ready-to-eat products, and bakery & confectioneries. Moreover, they are used in cooking for enhancing taste and preservation. Food coatings are available in various types, forms, and textures; each of these have different applications. For instance, batters can be used to avoid moisture loss while preparing delicate food items such as tender meat or fish. In addition, breadings have become a popular option that are applied as food coatings to fried or baked foods to attain certain texture, color, or flavor.

Factors such as rise in the number of quick-service restaurants (QSRs) such as McDonalds, Burger King, Wendy’s, Subway, and Dunkin’ Donuts have significantly contributed toward the growth of the Asia-Pacific food coatings market. Furthermore, the food coatings market has witnessed considerable growth in the commercial sector, owing to the rapid expansion of QSRs and adoption of fast food culture. In addition, development of the food & beverage sector boosts the growth of the Asia-Pacific food coatings market.

Moreover, increase in the number of shopping and experience centers coupled with expansion of the retail sector and changes in lifestyle due to rise in disposable income supplements the demand for food coatings. However, fluctuations in prices of raw materials and health concerns associated with fried food are expected to hamper the demand for fast food, which in turn affects the demand for food coatings. On the contrary, increase in investments by players in R&D for producing gluten-free flours for batter is expected to provide opportunities for the Asia-Pacific food coatings market.

The Asia-Pacific food coatings market is segmented based on type, application, form, end user, and country. On the basis of type, the market is segregated into predust, batters, breadings, specialty crumbs, oven coatings, tempura, and others. Based on application, it is categorized into meat & seafood products, convenience food & ready meals, snacks, baked goods, and others (confectioneries and ready-to eat (RTE) cereals). According to form, it is fragmented into liquid, paste, and dry. Based on the end user, the market is segregated into restaurants, fast food chains, bakery chains, and others. Country-wise, it is segmented into China, India, Australia, Japan, Indonesia, Thailand, Singapore, Malaysia, Vietnam, Philippines, Taiwan, South Korea, and rest of Asia-Pacific.

In 2020, China accounted for the highest share in the Asia-Pacific food coatings market in terms of value and volume. However, India is anticipated to grow at the highest CAGR in terms of value and volume by 2030. The leading players operating in the Asia-Pacific food coatings market have focused on product launch as their key strategy to gain a significant share in the market. The key players profiled in the report include DPS/Dutch Protein & Services B.V., Kerry Inc., McCormick & Company, Inc., Continental Mills, Inc., TNA Australia Pty Limited, Bowman Ingredients, Cargill, Bühler AG, Dumoulin, GEA Group, and JBT Corporation

Key Benefits for Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the Asia-Pacific food coatings market analysis from 2020 to 2030 to identify the prevailing market opportunities.
The market research is offered along with information related to key drivers, restraints, and Asia-Pacific food coatings market opportunities.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier–buyer network.
In-depth analysis of the Asia-Pacific food coatings market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the Asia-Pacific food coatings market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the Asia-Pacific food coatings market players.
The report includes analysis of Asia-Pacific food coatings market trends, key players, market segments, application areas, and Asia-Pacific food coatings market growth strategies.

Key market segments


By Type

Predust
Batters
Breadings
Specialty Crumbs
Oven Food Coatings
Tempura
Others

By Application

Meat & Seafood Product
Convenience Foods & Ready Meals
Snacks
Baked Goods
Others

By Form

Liquid
Paste
Dry

By End User

Restaurants
Fast Food Chains
Bakery Chains
Others

By Country

Asia-Pacific
China
India
Australia
Japan
Indonesia
Thailand
Singapore
Malaysia
Vietnam
Philippines
Taiwan
South Korea
Rest of Asia-Pacific