Market Overview
Food coating ingredients are added to food products to add taste, texture, flavor, and also improve the appearance of the food product. Cocoa & chocolates, sugars & syrups, spices & seasonings, starches, hydrocolloids, fats & oils, crumbs, and flours are some of the commonly used food coating ingredients.
They are applicable in various industries such as bakery and confectionery, dairy and frozen desserts, sweet and savory snacks, beverages, and others. Moreover, they are available in different forms such as liquid, powder, granule, and chunks.
Food coating ingredients are substances added to food to improve its visual appeal. They are used as food toppings in various bakery and confectionary products in order to improve the texture and appearance of cakes, biscuits, cookies, chocolates, toffees and other products. The most commonly used coating ingredients are cocoa & chocolates, sugars & syrups, spices & seasonings, starches, hydrocolloids, fats & oils, crumbs, and flours.
Competitive Landscape
The major players in the food coating ingredients market
- I. du Pont de Nemours and Company (U.S.)
- Cargill Inc. (U.S.)
- Ashland Global Holdings Inc. (U.S.)
- Archer-Daniels-Midland Company (U.S.)
- Agrana Beteiligungs Ag (Austria)
- Dohler Group SE (Germany)
- PGP International Inc. (U.S.)
- Tate & Lyle Plc. (U.K)
- Ingredion Incorporated (U.S.)
- Kerry Group Plc. (Ireland)
Market Segmentation
The global food coating ingredients market is segmented into type and application.
On the basis of the type, it is segmented into cocoa & chocolates, sugars & syrups, spices & seasonings, starches, hydrocolloids, fats & oils, crumbs, flours, and others. Among all, the cocoa & chocolate segment is dominating the market owing to the health benefits associated with its consumption. However, the sugars & syrups segment is projected to witness substantial growth in the coming years owing to its wide range of use in various food products.
On the basis of the application, it is segmented into bakery, confectionery, dairy, frozen foods, RTE meals, snack and nutrition bar, and others. Among all, the bakery segment is dominating the market owing to the high use of food coating ingredients. Moreover, shifting inclination of the population in developed countries towards baked and confectionery products is driving the growth of the market. However, dairy and frozen desserts are likely to witness substantial growth over the estimated period.
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Regional Analysis
The global food coating ingredients market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among all the regions, Europe has the major market share and is dominating the global food coating ingredients market. Technological advancements and continuous innovations are one of the major factors driving the food coating ingredients market in Europe. In North America, the U.S. is prominent in consumption of food coating ingredients.
Asia Pacific is witnessing substantial growth over the forecast period owing to changing the lifestyle of the population in developing countries such as China and India. Moreover, increasing application of food coating ingredients in various food & beverage products is expected to boost the growth of the market in rest of the world. Additionally, the major key players are actively involved in the research & developments of the product for enhanced functionality.
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