The global food coating ingredients market is expected
to reach USD 5.52 billion by 2025, according to a new report by Grand View
Research, Inc. Growing food & beverage industry along with the growing
popularity of fast food restaurants across various age groups has been a major
factor driving the market growth.
Food coating is a part of food processing
activity and is used to improve the product’s structure, taste, and texture.
The process involves keeping the product moving while applying the coating
ingredient in a specific pattern. These coatings not only help protect the
underlying product but enhance the overall appeal and quality of the product.
The accelerating food processing industry
is expected to bolster the growth of the product market. Moreover, the drift in
the consumption patterns of the consumers and many of them opting for processed
food, ready to eat and frozen foods is anticipated to drive the global food
coatings market.
The global fast food market is anticipated
to grow at a faster pace in the developing economies such as Asia & Africa.
Increasing per capita income, fast-paced life coupled with the rising
popularity of junk food amongst youngsters is anticipated to boost the market
further.
Asia Pacific is estimated to be the fastest
growing market owing to the growing processed food products demand, increasing
disposable income and increasing population in this region. Furthermore, Europe
is likely to hold around 30% of the market share by 2025.
To request a sample copy
or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/food-coating-ingredients-market
http://www.grandviewresearch.com/industry-analysis/food-coating-ingredients-market
Further key findings from the report suggest:
· The global food coating ingredients demand
was 4,983.5 kilo tons in 2016 and is expected to grow at a CAGR of 5.6% from
2016 to 2025
· Sugars & Syrups emerged as the largest
product segment in 2016 and is projected to generate revenue over USD 1.7
billion by 2025
· Global food coating ingredients demand in
confectioneries was valued at USD 0.74 billion in 2016 and is estimated to witness
the highest growth over the next few years
· The U.S. food coating ingredients demand in
bakery products was 316.2 kilo tons in 2015 and is projected to reach a total
volume of over 540 kilo tons by 2025
· Asia Pacific is likely to witness
significant growth over the next few years owing to the growing processed food
products demand, increasing disposable income and increasing population in this
region. The regional market is expected to grow at a CAGR of 6.8% from 2017 to
2025
Grand View Research has segmented the
global food coating ingredients market on the basis of product, application,
and region:
Product Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2014 - 2025)
·
Cocoa & Chocolates
·
Fats & Oils
·
Salt, Spices & Seasonings
·
Flours
·
Batter & Crumbs
·
Starches
·
Hydrocolloids
·
Sugars & Syrups
·
Others
Application Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2014 - 2025)
·
Bakery Products
·
Confectioneries
·
R.T.E. Cereals
·
Dairy Products
·
Snacks & Nutritional Bars
·
Fruits & Vegetables
·
Meat & Poultry Products
·
Others
Regional Outlook (Volume, Kilo Tons;
Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
