The global food coating market was valued at USD 4.5 billion in 2021 and is poised to grow at a significant CAGR of 7.0% over 2022–2028. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Global 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 - Global/Region/Country Forecast to 2028",
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Increasing Consumption of Frozen Eatables and Processed Food by Young People is accelerating the Food Coating Market Growth
Because of the increasing demand for dietary and processed food in numerous regions, extensive use of food coating agents in both beverages and food sectors is increased. Furthermore, technological advancement in biotechnology and increasing concentration on using natural food coating ingredients are the factors fueling the food coating market growth. Growing demand from different food industries for food coating agents for enhancing the organoleptic properties, increasing shelf life of the food and enhancing preservation and appeals is another significant factor driving the food coating market growth. On the other hand, high price of food coating devices and concerns involved with the adverse effects of having junk diet are leading factors, which can restrain the food coating market growth in upcoming years.
Growing demand for frozen and processed eatables is fostering the food coating market growth. Increase in the consumption of frozen eatables and processed food by young ones leads to growing demand for food coating. Growing demand for processed food bakery food and frozen food is also anticipated to impel demand for food coating ingredients. In addition, coating of vegetables as well as fruits protects them from dehydration and bacteria. Sugar coating enhance the smell, taste and appeal of both bakery items and snacks.
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Asia Pacific witnesses larger revenue share in Global Food Coating market
Asia Pacific witnessed for larger revenue share in the global food coating market experiencing significant CAGR rate. There are some leading factors that are greatly driving the food coating market growth in the region such as growing population and increase in demand from consumers for processed food items. Another market driving factor is emerging country in the region like India. Vast processed food production activities are another factor to expand the food coating market in North America.
Competitive Analysis
key players operating in the global food coating market are 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, PGP Ind nternational Inc. New product launchings and frequent attainments by the industry players is major factor contribute towards surging the global food coating market. Cargill Incorporate launched first fillings and coatings in April 2019 consist of rainforest alliance certified coconut oil, which is sourced through a continued mass balance model.
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