Global Food Coating Ingredients Market 2018-2022

Global Food Coating Ingredients Market 2018-2022

About Food Coating Ingredients

Food coating ingredients are edible coatings used for coating various food products to enhance taste, appearance, and shelf life.

Technavio’s analysts forecast the global food coating ingredients market to grow at a CAGR of 3.94% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global food coating ingredients market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Food Coating Ingredients Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• AGRANA Beteiligungs
• Archer Daniels Midland Company
• Bowman Ingredients
• Cargill
• Ingredion

Market driver

• Changing taste preferences of consumers
• For a full, detailed list, view our report

Market challenge

• Fluctuations in the availability of raw materials
• For a full, detailed list, view our report

Market trend

• Rising need for longer shelf life
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Global Food Coating Ingredients Market 2018-2022

Technavio recognizes the following companies as the key players in the global food coating ingredients market: AGRANA Beteiligungs, Archer Daniels Midland Company, Bowman Ingredients, Cargill, and Ingredion.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising need for longer shelf life. Owing to the changing lifestyle, consumers' eating habits and taste preferences are changing. Limited time availability due to busy lifestyle is making consumers depend on RTE food products or foodservice outlets.”

According to the report, one driver in the market is changing taste preferences of consumers. Changing lifestyles of consumers and rising urbanization are leading to changes in consumers' taste preferences. Traveling abroad as part of work or tour increases the exposure of consumers to various cultures and cuisines. Several types of food coating ingredients are used in different countries and cuisines.

Further, the report states that one challenge in the market is fluctuations in the availability of raw materials. Since food coating ingredients are made from agricultural products, the global food coating ingredients market is highly dependent on the availability of raw materials. Hence, any fluctuations in the availability of raw materials will negatively impact the global food coating ingredients market. Adverse weather conditions negatively affect the raw material production.

Companies Mentioned

AGRANA Beteiligungs
Archer Daniels Midland Company
Bowman Ingredients
Cargill
Ingredion