Food Coating Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Food Coating Market By Ingredient Type (Batter, Breaders, Cocoa & Chocolate, Fats & Oils, Flours, Salts, Spices, and Seasonings, Sugars & Syrups and Others), By Ingredient Form (Dry and Liquid), By Equipment Type (Batter Applicators, Breader Applicators, Coaters & Applicators, Enrobers, Flour Applicators, Seasoning Applicators, and Others), By Mode of Operation (Automatic and Semi-Automatic), By Application (Bakery Cereals, Bakery Products, Confectionery Products, Meat & Seafood Products and Snacks) and Geography

 

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Report

Description

The food coating market size was valued at USD 4.5 billion in 2021 and is poised to grow at a significant CAGR of 7.0% over 2022–2028. The shifting of consumer preference toward healthier diets and consumption of fried food and bakery items are increasing in developed nations, boosting the global food coating market. Antimicrobial coating pushes the food coating business to experiment with new ingredients, which increases global demand for the product. The food coating ingredients market will be driven by growth in the food and food processing industries. The growing need to keep food fresh and flavorful for more extended periods also adds to the development of the food coating market. The market is likely driven by increased demand for ready-to-eat, processed, and convenience foods such as confectioneries, baked goods, drinks, and other quick meals. In recent years, the consumption of confectionery, such as fondant, pastries, and sweets, has expanded exponentially. The coatings also enhance the life of the product. Manual dipping is a lengthy process were part of the traditional coating operation. Technology is fast progressing to boost production and eliminate time-consuming procedures to meet the increased demand for confectionery items. Furthermore, the global food coating industry is expected to benefit from increasing total retailers. The global food coating industry is predicted to develop due to the growing popularity of ready-to-eat foods. The number of hypermarkets and supermarkets is growing with the rising popularity of modern shopping. People now prefer hypermarkets and supermarkets, expanding the sale of confectioneries and meat and poultry. Market participants are increasing production and investing heavily in R&D to create improved technologies because of the rising demand for such items. As a result, the worldwide food coating industry is expected to grow in the coming years.

Recent Market Developments:

In April 2019, Cargill Corporation incorporated introduced world-first fillings and coatings that also include Rainforest Alliance Certified Coconut Oil that is sourced through a sustainable mass balance model.

In November 2019, Cargill-Royal DSM joint venture, Avansya, started commercial-scale production of EverSweet™, a non-artificial, zero-calorie stevia sweetener, at a new fermentation facility in Nebraska, U.S.

In November 2019, Agrana Group, a key player in the food coating ingredients market, announced the construction of its second wheat starch processing plant at its biorefinery in Pischelsdorf, Austria. Through the new project, the company aim at a twofold production capacity of wheat starch.

Food Coating Market

MARKET SUMMARY
-
7.0% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 7.0%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Food Coating Market

  • The report on global food coating market gives historical, current, and future market sizes (US$ Mn) on the basis of ingredient type, ingredient form, equipment type, mode of operation, application and region.
  • Key stakeholders of the global food coating market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global food coating products.
Key Players
  • Cargill
  • Dumoulin
  • Clextral
  • Dohler Group
  • Agrana Group
Food Coating Market

Dynamics

Food coating ingredients are used in various applications, including meat, snacks, bakery items, and morning cereal. Because of the fast-changing and busy lifestyles of consumers and rapid urbanization, there is a high demand for ready-to-eat and ready-to-cook meat, confectionery products, and bakery food products, which are processed foods that take less time and effort to prepare while still providing nutrition and durability. Furthermore, expanding consumer preferences for protein-based foods, the popularity of frozen foods, and increased snacking frequency boost demand for these items in the market. Increased product releases have resulted in increased demand for gluten-free flours and other bakery ingredients, which has fueled the need for food coating components. Ingredient price increases and consequent volatility have emerged as significant bottlenecks in the food coating industry. The high cost of ingredients has resulted in increased manufacturing costs, which has hampered the manufacturer’s adoption of new coating technologies due to reduced margins and a longer time to break even for food makers.


Asia-Pacific Got Significant Share

Food Coating Market

The food coating market in North America is likely to hold the highest revenue share of 40% in 2022, and in the following years, it is predicted to increase rapidly. Superior food coating technologies are used in the region, and mechanized equipment is used to coat food ingredients. Most of the salty snacks consumed in the United States and Canada are potato chips, which require a dry coating. Apart from that, these countries use frozen foods that need a coating to keep them fresh for longer. Consumers in this region prefer cereal for breakfast, which also requires coating. Confectionery products are also quite popular in the United States. Food coating is expected to increase at the fastest rate in the Asia Pacific. Rapid industrialization, rising demand from diverse applications, and increasing government investment in assisting food producers and processors in modernizing their technologies and processes are driving the expansion of the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Food Coating Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The CAGR of the food coating market is 7.0% over the forecast period (2022 – 2028)

Agrana Group, Cargill, Dumoulin, Clextral, Dohler Group.

 

 

 

The North America is the fastest-growing region for the food coating market


Report

Table Of Content


Report

Company Profile

  • Cargill
  • Kerry Group
  • Archer Daniels Midland Company (ADM)
  • Ingredion Incorporated
  • Newly Weds Foods
  • PGP International
  • TNA Australia Pty Limited
  • Dumoulin
  • Clextral
  • Spice Application Systems
  • Dohler Group
  • Agrana Group
  • Tate & Lyle Plc.
  • PGP International Inc.

Description

The food coating market size was valued at USD 4.5 billion in 2021 and is poised to grow at a significant CAGR of 7.0% over 2022–2028. The shifting of consumer preference toward healthier diets and consumption of fried food and bakery items are increasing in developed nations, boosting the global food coating market. Antimicrobial coating pushes the food coating business to experiment with new ingredients, which increases global demand for the product. The food coating ingredients market will be driven by growth in the food and food processing industries. The growing need to keep food fresh and flavorful for more extended periods also adds to the development of the food coating market. The market is likely driven by increased demand for ready-to-eat, processed, and convenience foods such as confectioneries, baked goods, drinks, and other quick meals. In recent years, the consumption of confectionery, such as fondant, pastries, and sweets, has expanded exponentially. The coatings also enhance the life of the product. Manual dipping is a lengthy process were part of the traditional coating operation. Technology is fast progressing to boost production and eliminate time-consuming procedures to meet the increased demand for confectionery items. Furthermore, the global food coating industry is expected to benefit from increasing total retailers. The global food coating industry is predicted to develop due to the growing popularity of ready-to-eat foods. The number of hypermarkets and supermarkets is growing with the rising popularity of modern shopping. People now prefer hypermarkets and supermarkets, expanding the sale of confectioneries and meat and poultry. Market participants are increasing production and investing heavily in R&D to create improved technologies because of the rising demand for such items. As a result, the worldwide food coating industry is expected to grow in the coming years.

Recent Market Developments:

In April 2019, Cargill Corporation incorporated introduced world-first fillings and coatings that also include Rainforest Alliance Certified Coconut Oil that is sourced through a sustainable mass balance model.

In November 2019, Cargill-Royal DSM joint venture, Avansya, started commercial-scale production of EverSweet™, a non-artificial, zero-calorie stevia sweetener, at a new fermentation facility in Nebraska, U.S.

In November 2019, Agrana Group, a key player in the food coating ingredients market, announced the construction of its second wheat starch processing plant at its biorefinery in Pischelsdorf, Austria. Through the new project, the company aim at a twofold production capacity of wheat starch.

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