Global Food Coating Ingredients Market Size study & Forecast, by Type (Sugars and syrups, Cocoa and chocolates, Fats and oils, Spices and seasonings, and others), Application (Bakery, Confectionery, Snacks, and Others), and Regional Analysis, 2022-2029

Global Food Coating Ingredients Market Size study & Forecast, by Type (Sugars and syrups, Cocoa and chocolates, Fats and oils, Spices and seasonings, and others), Application (Bakery, Confectionery, Snacks, and Others), and Regional Analysis, 2022-2029

The global Food Coating Ingredients Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Food Coating Ingredients are used to enhance the product’s flavor, texture, and structure. These products not only improve its appearance but also protect the product. The food coating ingredients are majorly used in several applications such as meat, bakery items, morning cereal and snacks etc. The Food Coating Ingredients market is expanding because of factors such as the rising demand for bakery and confectionery products and growing convenience food demand in the forecast period.

According to Statista in 2020, the bakery and confectionery segment is projected to rise and attain volume of around 214,914.0 mKg by 2027. The average volume per person confectionery and snack segment is projected to account for around 25.9 Kg in 2023. Also, according to the Indian Brand Equity Foundation (IBEF) in 2020, in India, the food and beverages industry accounts for about 3 % of the country’s GDP. And considered the largest employer in the country Whereas rising growth across the food and beverages sector and favorable initiative by market players create lucrative opportunities for the market. However stringent food safety regulations hamper market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Food Coating Ingredients Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the growing demand from the food and beverage industry, rising working population and changing lifestyle. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing disposable income, growing popularity for RTE convenience foods and rising innovation by market players.


Major market players included in this report are:
Cargill Inc.
Bowman Ingredients
Archer Daniels Midland Company
Associated British Foods PLC
Agrana Beteiligungs-Ag
Pioneer Foods
Cooperatie AVEBE U.A.
Ingredion Incorporated
Tate & Lyle PLC
Kerry Group

Recent Developments in the Market:
 In February 2019, Kröner-Stärke launched various products such as native wheat-based starches. It consists of clean label paired with organic and gluten-free, for battered and breaded products.
Global Food Coating Ingredients Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Sugars and Syrups
Cocoa and Chocolates
Fats and Oils
Spices and Seasonings
Others

By Application:
Bakery
Confectionery
Breakfast Cereals
Snack
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World


Companies Mentioned
Cargill Inc.
Bowman Ingredients
Archer Daniels Midland Company
Associated British Foods PLC
Agrana Beteiligungs-Ag
Pioneer Foods
Cooperatie AVEBE U.A.
Ingredion Incorporated
Tate & Lyle PLC
Kerry Group

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