(Entertainment-NewsWire.com, January 11, 2018 ) According to the report Global Food Coating Ingredients Market, published by Market Data Forecast, The Global market has been estimated at USD 2.95 Billion in 2016 and is projected to reach USD 3.98 Billion by 2021, at a CAGR of 6.15% during the forecast period from 2016 to 2021.
Food coating involves food processing by controlling a products development, arrangement, texture and taste structures. Food coating ingredients can be liquid or solid, depending upon the particular application. The procedure includes placing the product particles in motion and instantaneously applying the coating ingredient in a particular pattern to expose one to another. Food coatings play an important role in the processed food industry.
The market for Food Coating ingredients is mainly driven due to factors like new developments in the field of antimicrobial coatings, inclining demand for health foods, rising intake of confectionaries along with ready to eat fried food and bakery products especially in developing countries. But, the market growth is constrained due to increase in health concerns among consumers which is restraining the global sales of fried food and high-calorie bakery products, where food coatings are used.
Geographically, Global market for Food Coating Ingredients is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. 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.
Reasons to buy Food Coating Ingredients Market Report: Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment 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 An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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