The Global Food Coating Ingredients Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Global Food Coating Ingredients Market is estimated to be 2.95 USD billion and predicted to rise to 3.98 USD billion with a CAGR of 6.15%. The market is segmented by Type (Cocoa, Chocolate, Fats & Oil, Salt, Spices, Flour & Batter, Starch, Hydrocolloid, Sugar & Syrups), by Application (Bakery, Confectionery, Cereal, Dairy, Snacks, Fruits & Vegetables, Meat). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The market for Food Coating Ingredients is mainly driven due to factors like growing demand for bakery products, and introduction of gluten free and sugar free range of bakery and confectionery products, which contains food coatings. But, the market growth can be hampered due to growing attention paid to the safety of processed food which is accountable for the regulatory guidelines by food administration department.
As given already, Global market for Food Coating Ingredients is segmented based on type and application. Sugar & syrups is projected to experience the highest growth, and cocoa & chocolate is contributing to second largest share. The growth can be attributed to rising demand for bakery and confectionery products.
North America is the biggest market in terms of market share across the globe, followed by Europe. Food Coating Ingredients demand in the Europe region is primarily driven by bakers and confectioners. Asia Pacific and MEA regions are estimated to achieve highest gains in the near future, followed by Latin America.
Cargill Incorporated, Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Kerry Group plc, Ashland Inc., Tate & Lyle PLC, AGRANA Group, PGP International, Inc., DohlerGroup, and SensoryEffects Ingredient Solutions are the major players of Global Food Coating Ingredients market.
Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-food-coating-ingredients-market-1313/” and checkout our recent reports in the Ingredients category at “http://www.marketdataforecast.com/research-reports/food-and-beverages/food-ingredients-10/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.