Food Coating Ingredients Market Is Estimated To Be Valued At $5.52 Billion By 2025
The global food coating ingredients market is expected to
reach USD 5.52 billion by 2025, according to a new report by Grand View
Research, Inc. Growing food & beverage industry along with the growing
popularity of fast food restaurants across various age groups has been a major
factor driving the market growth.
Food coating is a part of food processing activity
and is used to improve the product’s structure, taste, and texture. The process
involves keeping the product moving while applying the coating ingredient in a
specific pattern. These coatings not only help protect the underlying product
but enhance the overall appeal and quality of the product.
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Global food coating ingredients market by product, 2014 - 2025 (USD Million) |
The accelerating food processing industry is
expected to bolster the growth of the product market. Moreover, the drift in
the consumption patterns of the consumers and many of them opting for processed
food, ready to eat and frozen foods is anticipated to drive the global food
coatings market.
The global fast food market is anticipated to grow
at a faster pace in the developing economies such as Asia & Africa.
Increasing per capita income, fast-paced life coupled with the rising
popularity of junk food amongst youngsters is anticipated to boost the market
further.
Asia Pacific is estimated to be the fastest growing
market owing to the growing processed food products demand, increasing
disposable income and increasing population in this region. Furthermore, Europe
is likely to hold around 30% of the market share by 2025.
Full
Research Report On Global Food Coating Ingredients Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/food-coating-ingredients-market
www.grandviewresearch.com/industry-analysis/food-coating-ingredients-market
Further
key findings from the report suggest:
- The global food coating ingredients demand was
4,983.5 kilo tons in 2016 and is expected to grow at a CAGR of 5.6% from
2016 to 2025
- Sugars & Syrups emerged as the largest
product segment in 2016 and is projected to generate revenue over USD 1.7
billion by 2025
- Global food coating ingredients demand in
confectioneries was valued at USD 0.74 billion in 2016 and is estimated to
witness the highest growth over the next few years
- The U.S. food coating ingredients demand in
bakery products was 316.2 kilo tons in 2015 and is projected to reach a
total volume of over 540 kilo tons by 2025
- Asia Pacific is likely to witness significant
growth over the next few years owing to the growing processed food
products demand, increasing disposable income and increasing population in
this region. The regional market is expected to grow at a CAGR of 6.8%
from 2017 to 2025
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
Grand View Research has segmented the global food coating ingredients
market on the basis of product, application, and region:
Product
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- Cocoa
& Chocolates
- Fats
& Oils
- Salt,
Spices & Seasonings
- Flours
- Batter
& Crumbs
- Starches
- Hydrocolloids
- Sugars
& Syrups
- Others
Application
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- Bakery
Products
- Confectioneries
- R.T.E.
Cereals
- Dairy
Products
- Snacks
& Nutritional Bars
- Fruits
& Vegetables
- Meat &
Poultry Products
- Others
Regional
Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- India
- Japan
- Central
& South America
- Middle
East & Africa
Access
Press Release Of This Research Report By Grand View Research:
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
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