Food Coating Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Food Coating Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global food coating ingredients market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.

Food coating ingredients represent a set of additives and substances added to the surface of food products to improve their texture, aroma, and flavor. They include oils, fats, seasonings, syrup, flour, chocolates, flavor enhancers, sugar, and batter as some of the common food coating ingredients. They also aid in maintaining the nutritional profile and integrity of items, enhancing the quality of food products, changing surface gloss, and inhibiting moisture and lipid migration. Apart from this, food coating ingredients comprise nanoparticles and antioxidants, due to which they are extensively incorporated in nutritional bars, seafood, and confectioneries. At present, they are mainly available in solid and liquid forms.

Food Coating Ingredients Market Trends:
With the significant expansion in the food and beverage (F&B) sector, there has been an increasing demand for healthy, ready-to-eat (RTE) and ready-to-drink (RTD) products. This, in turn, has facilitated the adoption of food coating ingredients to improve the organoleptic properties of processed, bakery, fried, and consumer goods, which represents a prime factor currently driving the market growth. In line with this, significant technological advancements, such as the implementation of electrostatic coatings for enhancing the aroma, appearance, taste, and shelf-life of several food products by eliminating chemical reactions, are acting as other growth-inducing factors. Moreover, the introduction of antimicrobial coatings to protect packaged items from spoilage and mitigate the growth of pathogens is contributing to the market growth. Moreover, the rising health concerns and awareness amongst consumers regarding the detrimental effects of chemical additives have prompted manufacturers to uptake natural food coating ingredients, which is contributing to the market growth. Other factors, such as continuous investments in research and development (R&D) activities and strategic collaborations amongst key players to engineer flavored-infused food coating ingredients, are creating a positive outlook for the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global food coating ingredients market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form and application.

Breakup by Type:

Sugars and Syrups
Cocoa and Chocolates
Fats and Oils
Spices and Seasonings
Flours
Batter and Crumbs
Others

Breakup by Form:

Dry
Liquid

Breakup by Application:

Bakery
Confectionery
Breakfast Cereals
Snacks and Nutritional Bars
Dairy Products
Meat and Poultry Products
Fruits and Vegetables
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AGRANA Beteiligungs-AG, Associated British Foods plc, Bowman Ingredients, Bühler Holding AG, Cargill Incorporated, Döhler, GEA Group Aktiengesellschaft, Ingredion Incorporated, Kerry Group plc, Marel, Newly Weds Foods Inc., Roquette Frères and Tate & Lyle PLC.

Key Questions Answered in This Report

1. How big is the global food coating ingredients market?
2. What is the expected growth rate of the global food coating ingredients market during 2023-2028?
3. What are the key factors driving the global food coating ingredients market?
4. What has been the impact of COVID-19 on the global food coating ingredients market?
5. What is the breakup of the global food coating ingredients market based on the type?
6. What is the breakup of the global food coating ingredients market based on the form?
7. What is the breakup of the global food coating ingredients market based on the application?
8. What are the key regions in the global food coating ingredients market?
9. Who are the key players/companies in the global food coating ingredients market?