Global Food coating Market, By Ingredient Type (Cocoa & Chocolate, Fats & Oils, Flours, Breaders, Batter, Sugars & Syrups, Salts, Spices, and Seasonings), Ingredient Form (Dry, Liquid), Equipment Type (Coaters & Applicators, Enrobers), Mode of Operation (Automatic, Semi-Automatic) Application, Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Market Analysis: Global Food coating Market
The Global Food coating Market is expected to reach USD 6.78 billion by 2025, from USD 4.35 billion in 2017 growing at a CAGR of 4.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Food coating Market
Coating is a noteworthy stage in sustenance handling controlling an item's advancement, course of action, surface and taste structures. The system incorporates setting the item particles in movement and quickly applying the covering fixing in a specific sample to open to each other. In this manner, covered sustenance fixings are conveying one of kind conceivable outcomes for advancement of item, quality and preparing improvement. The food coatings are use in various food application including meat & seafood products, confectionery products, bakery products, breakfast cereals, snacks and others. According to The State of the Specialty Food Industry, food industry is growing at a strong clip with sales hit USD 127.0 billion and a 15.0% jump in total sales between 2014 and 2016. . According to the Eurostat, in 2015, the production of fishery is around 6.4 million tonnes and growing. Thus the increase demand in the food industry will create the demand food coatings around the world.
- Growing demand of food processing in meat, bakery, snacks and breakfast cereal
- High demand for processed, prepared and convenience food
- Improved focus on production efficiency, processing time and quality of food products
- Rising costs due to fluctuating ingredient prices
- Move toward fresh food products
Segmentation: Global Food coating Market
By Ingredient Type
- Cocoa & Chocolate
- Fats & Oils
- Sugars & Syrups
By Ingredient Form
By Equipment Type
- Coaters & Applicators
- Breading Applicators
- Flour Applicators
- Batter Applicators
- Seasoning Applicators
By Mode of Operation
- Meat & Seafood Products
- Confectionery Products
- Bakery Products
- Breakfast Cereals
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- South America
- Rest of south America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
Competitive Analysis: Global Food coating Market
The global food coating market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of food coating market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. In February 2018, Newly Weds Foods acquired Mullins Food Products. This acquisition will fit with company strategy to expand capabilities and offerings in sauces, as well as other liquids to grow and enhance food ingredient portfolio.
Key Market Competitors: Global Food coating Market
The key players operating in the global food coating market are –
- Kerry Group
- Archer Daniels Midland Company (ADM)
- Ingredion Incorporated
- Newly Weds Foods
The other players in the market are, PGP International, Tate & Lyle PLC, Bowman Ingredients, Marel, GEA Group, Bühler AG, JBT Corporation, TNA Australia Pty Limited, Dumoulin, Clextral, Spice Application Systems, Dohler Group, Archer Daniels Midland Company, Agrana Group (Austria), Tate & Lyle Plc. (U.K.) and PGP International Inc. (U.S.) and many more.
Research Methodology: Global Food coating Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global food coating market
- Analyze and forecast the food coating market on the basis of ingredient type, ingredient form, equipment type, mode of operation and application.
- Trends of key regional and country-level markets for ingredient type, ingredient form, equipment type, mode of operation and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis