Food Coating Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Food Coating Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Global food coating ingredients market is growing at a CAGR of 5.8% during the forecast period (2019-2024).

Key Highlights
  • Food coating is an instantaneous application of ingredients in nourishment handling and controls improvement strategy. The market is mainly driven by the increasing demand from food industrial application, especially, confectionery, bakery, fried foods and ready-to-eat foods, contributing towards color, taste, and sweetness attributes to the food product being coated. Apart from these, the requirement for anti-microbial coating is also compelling the food coating industry to introduce carious coating ingredients for food products. Among the coating ingredients used by the industries, sugars and syrups hold the major share in the ingredient market, followed by cocoa & chocolates owing to their immense scope of application. In addition to food industries, the encapsulation technique has been touted as suitable option to deliver nutraceuticals in convenient formats.
  • Geographically, North America and Europe are the two leading regions in food coating ingredients market due to growth in consumption of bakery and dairy products.
  • However, stringent rules and regulations regarding clean-label coating ingredients laid down by government bodies are hampering the growth of the market. For instance, the FDA and European Commission has prevented the usage of synthetic colors as coatings in food & beverage industry in United States on the basis of claims of carcinogenicity, on the basis of Delaney Clause, although it is still used in the European Union as later evaluations by JECFA and the EFSA concluded their use is safe. Also, the high calorific values of certain indulgent coating ingredients contribute to restrain to the market.
Key Market TrendsIncreased Consumption of Confectioneries Products

The consumption of confectioneries, such as wafer bars, fondant, pastries, and candies, has been increased significantly in recent years owing to the demand arising from children, especially chocolate coated products. These coatings also extend the shelf-life of the product. Also, traditionally, the process of enrobing was slow and involved manually dipping; however, with increased demand for these products has opened room for many technologically advanced techniques such as electrostatic coating, therefore, enhancing the production rate and meeting the demand of the consumers. Additionally, the increase in the total store has boosted the growth of the confectionery market.

Asia-Pacific is The Fastest Growing Region

In the Asia-Pacific region, India and China specifically are the fastest-growing region due to the robust demand for confectionery and dairy industries, along with the growing popularity for RTE convenience foods among the working population has propelled the growth of the market. In addition to theses, changing lifestyles and increasing disposable incomes of consumers in emerging economies of the Asia-Pacific region like India and China is boosting the market sales.

Competitive Landscape

The food coating ingredients is a fragmented market, with the leading companies driving the growth. Investments & expansions formed the most preferred strategy among the key players to attract and retain new customers globally. They also focused on acquiring local players of emerging markets to expand their business on a global scale and sustain the competition prevailing in the market. New product launches also helped major players in strengthening their product portfolio. For instance, Avebe launched a clean label food coating Eliane™ Bind 12 and is primarily a potato starch that allows food manufacturers to develop high quality and crispy crusts for fish and meat in November 2015. Also, Kröner-Stärke launched a range of native wheat-based starches, consisting of clean label paired with organic and gluten-free, for battered and breaded products.

Additional Benefits:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1 By Type
5.1.1 Sugars and Syrups
5.1.2 Cocoa and Chocolates
5.1.3 Fats and Oils
5.1.4 Spices and Seasonings
5.1.5 Flours
5.1.6 Batter and Crumbs
5.1.7 Others
5.2 By Application
5.2.1 Bakery
5.2.2 Confectionery
5.2.3 Breakfast Cereals
5.2.4 Snack
5.2.5 Dairy
5.2.6 Meat
5.2.7 Others
5.3 Geography
5.3.1 North America United States Canada Mexico Rest of North America
5.3.2 Europe Spain United Kingdom Germany France Italy Russia Rest of Europe
5.3.3 Asia Pacific China Japan India Australia Rest of Asia-Pacific
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Middle East and Africa South Africa United Arab Emirates Rest of Middle East and Africa
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Cargill Inc.
6.4.2 Archer Daniels Midland Company
6.4.3 Associated British Foods PLC
6.4.4 Agrana Beteiligungs-Ag
6.4.5 Pioneer Foods
6.4.6 Cooperatie AVEBE U.A.
6.4.7 Ingredion Incorporated
6.4.8 Tate & Lyle PLC
6.4.9 Kerry Group

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings