Food Coating Ingredients Market

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.

Report Coverage:

Key Questions Answered in This Report:

• How has the global food coating ingredients market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global food coating ingredients market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the form?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global food coating ingredients market and who are the key players?
• What is the degree of competition in the industry?