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Food Coating Ingredients Market Competitive landscape analysis

(Entertainment-NewsWire.com, June 12, 2018 ) The Food Coating Ingredients are manufactured by exercising control over the arrangement, development, taste structures and texture of a product. This involves the placement of the particles of the product in motion and the instantaneous application of the coating ingredient in a defined pattern which leads to exposure between the coating particles and the particles of the product.

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The Global Food Coating Ingredients market is estimated to have a value of USD 2.95 billion in 2016. With a CAGR of 6.15%, the market size is expected to grow rapidly to cross USD 3.98 billion by 2022. The market growth can be attributed to the rapid growth in the technological enhancements in the field of anti-microbial coatings combined with the growing demand for healthy foods.

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Market Underlying Factors

The use of Food Coating Ingredients on the product helps in boosting the product value of the food. For example, in the developing countries, there has been a continuous rise in the demand for fried food and bakery products, and food coating ingredients help in the provision of the same and make the product line look lucrative which attracts further customers.

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As of now, North America with its seasoned market and increasing use of food coating ingredients accounts for the largest share of Global Food Coating Ingredients market accounting for a third of the global market share, followed by Europe and Asia Pacific.

The major market contributors for the Global Food Coating Ingredients market are Ashland Inc., Archer Daniels Midland Company, Kerry Group plc, Tate & Lyle PLC, AGRANA Group, PGP International, Inc., Cargill Incorporated, E. I. du Pont de Nemours and Company, DohlerGroup, and SensoryEffects Ingredient Solutions

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Source: EmailWire.Com

Source: EmailWire.com

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