Food Coating Ingredients

Food Coating Ingredients

Global Food Coating Ingredients Market to Reach $8.4 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Food Coating Ingredients estimated at US$5.6 Billion in the year 2020, is projected to reach a revised size of US$8.4 Billion by 2027, growing at aCAGR of 5.9% over the period 2020-2027. Liquid, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$4.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Dry segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 10.1% CAGR

The Food Coating Ingredients market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 10% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Select Competitors (Total 53 Featured) -

• Archer Daniels Midland Company (ADM)
• Bowman Ingredients
• Bühler AG
• Cargill
• Clextral
• Dumoulin
• GEA Group
• Ingredion Incorporated
• JBT Corporation
• Kerry Group
• Marel
• Newly Weds Foods
• PGP International
• Spice Application Systems
• Tate & Lyle PLC
• TNA Australia Pty Limited

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