Asia-Pacific Food Coatings Market Size, Share, Trends by 2018

1. Opportunity Analysis and Industry Forecast, 2016-2023 Asia-Pacific Food Coatings Market Global Opportunity Analysis and Industry Forecast, 2018-2025

2. Asia-Pacific Food Coatings Market Overview : The Asia-Pacific food coatings market size was valued at $572.00 million in 2017, and is projected to reach $990.41 million by 2025, growing at a CAGR of 7.1% from 2018 to 2025. Rapid economic growth and increase in per capita income in the Asia-Pacific region have led to significant changes in food production and food consumption patterns. This is majorly attributed to changes in lifestyles, due to increase in disposable income. The predust segment dominates the Asia-Pacific food coatings market, owing to increase in consumption of fried food in the Asian countries such as China, Japan, and India. This is anticipated to boost the demand for food coatings, thereby driving the growth of the Asia-Pacific food coatings market. In addition, rise in demand for meat & seafood products boosts the Asia-Pacific coatings market growth. Get Sample Report: http://bit.ly/2SabfG3 Leading players in the Asia-Pacific food coatings market have focused on product launch as their key strategy to gain a significant share in the coatings market. The key players profiled in the report include DPS/Dutch Protein & Services B.V., Kerry Inc., McCormick & Company, Inc., Continental Mills, Inc., TNA Australia Pty Limited, Bowman Ingredients, Cargill, Bhler AG, Dumoulin, GEA Group, and JBT Corporation.

3. Asia-Pacific Food Coatings Market Overview : In 2017, China accounted for the highest market share in the Asia-Pacific food coatings market and is projected to witness a significant revenue growth from 2018 to 2025, owing to increase in affluence, rise in fast food outlets in the region, and high consumption of meat. According to the Organization for Economic Co-operation and Development (OECD), the total consumption of poultry meat in China was 19,360.85 kilotons in 2017 compared to 18,389 kilotons in 2016. India is anticipated to exhibit the highest growth rate in the Asia-Pacific food coatings market, owing to increase in consumption of meat and rise in number of quick-service restaurants (QSRs). Furthermore, upsurge in disposable income and busy lifestyle have persuaded people to adopt convenient food options such as fast foods and ready-to-eat meals, which include predust, batter, breadings, and other products. This change in consumption pattern is expected to drive the growth of coatings in the Asia-Pacific region. In 2017, the predust segment accounted for the highest market share in the Asia-Pacific food coatings market in terms of value and volume, as it is the most common food coating used to modify the adhesive character of the main food product before the second coating is applied while frying food.

4. Asia-Pacific Food Coatings Market Overview : Predust is a popular coating used across QSRs in many fast food items such as cutlets, chicken wings, burritos, and others. Thus, rise in the number of fast food outlets and QSRs throughout Asia-Pacific has increased the demand for predust food coatings, thereby driving the Asia-Pacific food coatings market growth. Purchase Report : http://bit.ly/2QFwByv In 2017, the meat & seafood product segment accounted for the highest share in the Asia-Pacific food coatings market, and is expected to grow at a 6.5% CAGR during the forecast period. This is attributed to increase in demand for convenient food and meat products as well as rise in number fast food outlets in the region. Meat & seafood together contribute a considerable portion of a typical human diet and can be prepared using different forms of food coatings. Popular Asian cuisines such as Asian style (BBQ) barbeque chicken, chilly chicken, prawn tempura, and others require coatings to enhance characteristics such as taste, color, and aroma, hence driving the sales of food coatings.

5. Key Benefits for Asia-Pacific Food Coatings Market : • This report provides a quantitative analysis of the current trends, estimations, and dynamics of the Asia-Pacific food coatings market from 2018 to 2025 to identify the prevailing market opportunities. • Porters five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network. • In-depth analysis of the market segmentation assists to determine the prevailing market opportunities. • Major countries in Asia-Pacific are mapped according to their revenue contribution to the coatings industry.

6. Asia-Pacific Food Coatings Key Market Segments : • By Type • Predust • Batter • Breadings • Specialty Crumbs • Oven Coatings • Tempura • Others • By Application • Meat & Seafood Products • Convenience Food & Ready Meals • Snacks • Baked Goods • Others

7. Asia-Pacific Food Coatings Key Market Segments : • By Form • Liquid • Paste • Dry • By Country • China • India • Australia • Japan • Indonesia • Thailand • Singapore • Malaysia • Vietnam • Rest of Asia-Pacific

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