Title: Food Coating Market - Forecast to 2023
1MarketsandMarkets Presents
Food Coating Market - Forecast to 2023
https//www.marketsandmarkets.com/Market-Reports/f
ood-coating-ingredients-market-168532529.html
2The report "Food Coating Market by Ingredient
Type (Batter, Flours), Application (Bakery,
Snacks), Equipment Type (Coaters Applicators,
Enrobers), Form (Dry, Liquid), Mode of Operation
(Automatic, Semi-Automatic), and Region - Global
Forecast to 2023", The food coating ingredients
and equipment markets are estimated to be valued
at USD 2.73 billion and USD 1.93 billion,
respectively, in 2018 and are projected to reach
USD 3.62 billion and USD 2.31 billion,
respectively, by 2023, at a CAGR of 5.8 and 3.7
from 2018 to 2023. The market is driven by
factors such as rising demand for meat seafood,
poultry, bakery products, and confectionery
products, growing demand for processed
convenience food, increased focus on production
efficiency, processing time, and quality of food
products, growing demand for innovative food
coating products due to changing consumer
trends. Browse 110 market data Tables and 59
Figures spread through 190 Pages and in-depth TOC
on "Food Coating Market - Global Forecast to
2023" North America is expected to continue its
dominant presence in the food coating ingredients
market during the forecast period. The region is
backed by superior food coating technologies and
utilizes automatic equipment for coating food
ingredients. Consumers in the US and Canada
majorly consume salty snacks such as potato
chips, which need dry coating. Apart from this,
these countries consume frozen food that requires
coating for an extended shelf life. Consumers in
this region opt for cereal as breakfast options
where coating is applied. The US is also a huge
market for confectionery products. These factors
have fueled the growth of the food coating market
in North America. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.asp?
id168532529
3- The Asia Pacific region is projected to be the
fastest-growing market for food coating
ingredients. The regions growing demand for
processed food, improved manufacturing industry
growth over the past decade and advancements in
the food industry have provided new opportunities
for the food coating ingredients market. An
increase in processed and convenience food
production and innovations in segments such as
meat, snacks, and bakery confectionery products
drive the demand for coating ingredients in the
Asia Pacific region. China and India are set to
experience demand for these products during the
forecast period. - The major restraining factor for the food coating
equipment market is the rising prices of
ingredients and their subsequent fluctuations and
shift towards fresh food products. In developed
countries such as the US, Germany, and the UK,
the demand for new foods among consumers, changes
in their eating habits, and food safety risks are
affecting the food processing industry. The rise
in the aging population in developed countries
has also led to growing health concerns, owing to
which they prefer fresh, farm grown, and less
processed food products where no synthetic
ingredients are used. These factors are expected
to restrict the growth of the food coating market
in the long run. - The key players that are profiled in the report
include Marel (Iceland), GEA Group (Germany),
Bühler AG (Switzerland), JBT Corporation (US),
TNA Australia Pty Limited (Australia), Clextral
(France), Dumoulin (France), Spice Application
Systems (UK), Cargill (US), Kerry Group
(Iceland), Tate Lyle Plc (UK), Newly Weds Foods
(US), PGP International (US), Archer Daniels
Midland Company (US), Ingredion Incorporated
(US), and Bowman Ingredients (UK). - Make an Inquiry https//www.marketsandmarkets.com
/Enquiry_Before_Buying.asp?id168532529
4- Scope of the Report
- On the basis Ingredient type, the food coating
market has been segmented as follows - Ingredients Type
- Cocoa chocolate
- Fats oils
- Flours
- Breaders
- Batter
- Sugars syrups
- Salts, spices, and seasonings
- Others
- On the basis of Equipment type, the food coating
market has been segmented as follows - Coaters applicators
- Breading applicators
- Flour applicators
- Batter applicators
- Seasoning applicators
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