Report on food coating market segmented by ingredient type, ingredient form, application, equipment type, mode of operation, and region. Market for food coating ingredients in this region is driven by flourishing food processing industry.
Food coating ingredients and equipment markets are estimated to be valued at USD 2.73 billion and USD 1.93 billion, respectively, in 2018 and are projected to reach a value of USD 3.62 billion and USD 2.31 billion by 2023, growing at a CAGR of 5.8% and 3.7% respectively, from 2018 to 2023. Food Coating Market categorizes the global market by Ingredient Type (Batter, Flours), Application (Bakery, Snacks), Equipment Type (Coaters & Applicators, Enrobers), Form (Dry, Liquid), Mode of Operation (Automatic, Semi-Automatic), and Region.
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Food coating report includes estimations of the market size in terms of value (USD million). Both, top-down and bottom-up approaches were used to estimate and validate the size of the global food coating market and to estimate size of various other dependent submarkets in the overall market. Base year considered for study is 2017, & forecast period is from 2018 to 2023. Basic objective of report is to define, segment, and project global market size for food coating on basis of ingredient form, ingredient type, equipment type, application, mode of operation and region.
“On the basis of application, meat & poultry is projected to be the fastest-growing segment in the food coating market during the forecast period.”
Objectives include analyzing opportunities in food coating market for stakeholders and providing a competitive landscape of market trends, analyzing the macro and micro indicators of this market to provide a factor analysis, and to project the size of the food coating market. The basic objective of the report is to define, segment, and project the global market size for food coating on the basis of ingredient form, ingredient type, equipment type, application, mode of operation and region.
Reasons to buy this report:
- To gain a comprehensive overview of the food coating market
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions in which the food coating market is flourishing
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Key players in food coating market have been identified through secondary research, some of the sources are press releases, paid databases such as Factiva and Bloomberg, annual reports, and financial journals; their market share in respective regions has also been determined through primary and secondary research.
In terms of insights, this research report has focused on various levels of analyses—competitive landscape and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the food coating market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Break-up of Primaries:
- By Company Type: Tier 1 – 45%, Tier 2 – 35%,and Tier 3 – 20%
- By Designation: C-level – 43%, D-level – 32%, and Others* – 25%
- By Region: Asia Pacific – 35%, Europe – 32%, North America – 25%, and Rest of the World (ROW)– 8%
Key players profiled in food coating market report include Marel (Iceland), GEA Group (Germany), Bühler AG (Switzerland), JBT Corporation (US), TNA Australia Pty Limited (Australia), Clextral (France), Dumoulin (France), Spice Application Systems (UK), Cargill (US), Kerry Group (Iceland), Tate & Lyle Plc (UK), Newly Weds Foods (US), PGP International (US), Archer Daniels Midland Company (US), Ingredion Incorporated (US), and Bowman Ingredients (UK).
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North America is expected to dominate the food coating ingredients market in 2018 and is projected to grow steadily over the next five years. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources.
A number of food safety issues have been debated in the past in the global market, such as issues associated with food allergens, irradiation, and chemical preservatives. Also, during food processing, it is crucial to maintaining control over the process, especially while disinfection due to direct application of chemicals such as quaternary ammonium compounds and hypochlorous acid on food surface.
Ozonation and ultraviolet (UV) technologies used for disinfecting water, juices, and dairy products will lead to the presence of ozone gases and UV rays in the processing environment, respectively. Not many people have the skillset for operating the equipment and need to pay special attention to these factors. And, these factors are expected to restrict the growth of the food & beverage disinfection market in the long run.
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