The food coating market is projected to grow at a CAGR of 5%-7% during 2020-2025. The growth of food coating market is driven by rising demand for meat, seafood, poultry, bakery products, snacks, confectionery products, processed and convenience food and and increased focus on production efficiency, processing time, and quality of food products.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the food coating market by
ingredient type (batter and flours), application (bakery and snacks), equipment
type (coaters & applicators and enrobes), form (dry and liquid), mode of
operation (automatic and semi-automatic), and region (North America, Europe,
Asia Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the food coating market?
Q.4 What are some
changing demands of customers in the food coating market?
Q.5 What are the new
developments in the food coating market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this food coating area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this food coating market?
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Market Segmentation:
Based on form, the food
coating market is segmented into dry and liquid. The liquid segment accounted
for the largest share of the market in 2020 as liquid coatings add better
color, flavor, texture, and extend the shelf life of food products.
North America is
expected to be the largest region over the forecast period due to superior food
coating technologies and utilization of automatic equipment for coating food
ingredients. Consumers in the US and Canada majorly consume salty snacks, such
as potato chips, which need dry coating. Apart from this, these countries
consume frozen food that requires a coating for extended shelf life.
Key Players in the food coating
market are Cargill, Kerry, Archer
Daniels Midland Company, Ingredion Incorporated, JBT, Tate & Lyle, PGP
International, Newly Weds Foods, Bowmen Ingredients, Marel, GEA, and Buhler.
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https://www.lucintel.com/food-coating-market.aspx
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/food-coating-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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