(Entertainment-NewsWire.com, May 23, 2017 ) As per the syndicated report published by Market Data Forecast Europe Specialty Food Ingredients Market which is estimated to be USD 0.80 Billion in 2016 is poised to reach USD 1.03 billion by 2021, at a CAGR of 5.3% from 2016 to 2021.
It can attribute to the factors such as growing demand for bakery products, and introduction of gluten free and sugar free range of bakery and confectionery products, which contains food coatings. However, 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.
To give brief idea, Food coating ingredients can be liquid or solid, depending upon the particular application, and are used to achieve various purposes. They are applied to enhance or change the food product’s texture, taste, or nutritional profile. The three main steps in the process of applying Europe food coating ingredients are adhesion/coalescence, application, and stabilization.
In recent times, the Indian government declared the initiation of several food parks, which adds boost to the food and beverage segment in the country. These developments are anticipated with ease investments in food processing market and would bolster the Europe food coating ingredients market growth in the coming few years.
Europe Specialty Food Ingredients Market is segmented based on type and application as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Geographically, Europe market for Food Coating Ingredients is segmented into Germany, U.K., Spain, France and Italy. Europe is the second largest market for food coating ingredients in terms of market share, in the global market. European market is a little stagnant due to which the companies are involving more in R&D, which will help them in coming up with innovative products that attract consumers.
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 Sensory Effects Ingredient Solutions are the major players of Europe Food Coating Ingredients market.
The Specialty Food Ingredients Market study offers the following deliverables:
• Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
• Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
• Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porter’s Five Forces Analyses
• Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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