San Francisco, Oct 31 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.
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.
Browse full research report on 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
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
Browse press release of this report
by Grand View Research: www.grandviewresearch.com/press-release/global-food-coating-ingredients-market
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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