Global Food Coating Ingredients Market 2018-2022

Overview of the food coating ingredients market

Technavio’s market research analysts have identified the growth in the changing taste preferences of consumers as one of the primary factors that will trigger the growth of the food coating ingredients market in the coming years. Consumers taste preferences are changing due to the changing lifestyle of consumers and rising urbanization. Food coating ingredients find their application in enhancing the organoleptic properties of RTE products, processed, fried, and bakery items, and confectioneries. Availability of several types of food coating ingredients satisfies the consumers taste preferences. The manufacturers in this industry are focusing on developing new variants to satisfy consumer’s need. Food coating ingredients like sugar, syrup, spice, salt, and seasonings are extensively utilized by the food and beverage manufacturers. Technavio’s market research analysts predict that this market will post a revenue more than USD 3500 million by 2022.   

The increasing requirement for longer shelf life is one of the key trends in the food coating ingredients market. Consumers eating habits and taste preferences are changing due to the changing lifestyle. The consumers are not having ample time to cook their own food owing to the hectic working schedules. This factor is driving the demand for ready to eat food products which in turn arises the need for storage and convenience. Manufacturers are constantly introducing new food coating ingredients to store food products and protect the food from quick spoilage.

Companies covered

The food coating ingredients market is highly fragmented due to the presence of several players. This industry research report provides an in-depth analysis of the competitive environment in the food safe coating market among the leading vendors. Moreover, our analysts also provide key areas that the vendors should focus to sustain the competitive environment and gain maximum market share.

The report includes an analysis of a number of companies in this marketspace including -

• AGRANA Beteiligungs
• Archer Daniels Midland Company
• Bowman Ingredients
• Cargill
• Ingredion

Segmentation by product and analysis of the food coating ingredients market

• Sugar, syrups, and related coatings
• Flours
• Spices, salt, and seasonings

The sugar, syrups, and related coatings segment accounted for the major share of the food safe coating market during 2017. During the forecast period, this segment will continue to hold the maximum share and will grow steadily.

Geographical segmentation and analysis of the food coating ingredients market

• Americas
• APAC
• EMEA

The Americas accounted for the maximum shares of the food safe coating market during 2017. Our analysts have predicted that the Americas will witness steady growth in the next five years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global food coating ingredients market?
• What are the key market trends impacting the growth of the global food coating ingredients market?
• What are the challenges to market growth?
• Who are the key vendors in the global food coating ingredients market?
• What are the market opportunities and threats faced by the vendors in the global food coating ingredients market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global food coating ingredients market?

Technavio also offers customization on reports based on specific client requirement.