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Food Coating Market - Forecast to 2023

The food coating market is primarily driven by factors such as rising demand for meat, seafood, poultry, bakery products, snacks, and confectionery products, growing demand for processed and convenience food, and increased focus on production efficiency, processing time, and quality of food products.

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Food Coating Market - Forecast to 2023

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  1. MarketsandMarkets™ Presents Food Coating Market - Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/food-coating-ingredients-market-168532529.html

  2. The report "Food Coating 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 - Global Forecast to 2023", The 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 USD 3.62 billion and USD 2.31 billion, respectively, by 2023, at a CAGR of 5.8% and 3.7% from 2018 to 2023. The market is driven by factors such as rising demand for meat & seafood, poultry, bakery products, and confectionery products, growing demand for processed & convenience food, increased focus on production efficiency, processing time, and quality of food products, growing demand for innovative food coating products due to changing consumer trends. Browse 110 market data Tables and 59 Figures spread through 190 Pages and in-depth TOC on "Food Coating Market - Global Forecast to 2023" North America is expected to continue its dominant presence in the food coating ingredients market during the forecast period. The region is backed by superior food coating technologies and utilizes 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 coating for an extended shelf life. Consumers in this region opt for cereal as breakfast options where coating is applied. The US is also a huge market for confectionery products. These factors have fueled the growth of the food coating market in North America. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=168532529

  3. The Asia Pacific region is projected to be the fastest-growing market for food coating ingredients. The region’s growing demand for processed food, improved manufacturing industry growth over the past decade and advancements in the food industry have provided new opportunities for the food coating ingredients market. An increase in processed and convenience food production and innovations in segments such as meat, snacks, and bakery & confectionery products drive the demand for coating ingredients in the Asia Pacific region. China and India are set to experience demand for these products during the forecast period. • The major restraining factor for the food coating equipment market is the rising prices of ingredients and their subsequent fluctuations and shift towards fresh food products. In developed countries such as the US, Germany, and the UK, the demand for new foods among consumers, changes in their eating habits, and food safety risks are affecting the food processing industry. The rise in the aging population in developed countries has also led to growing health concerns, owing to which they prefer fresh, farm grown, and less processed food products where no synthetic ingredients are used. These factors are expected to restrict the growth of the food coating market in the long run. • The key players that are profiled in the 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). • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=168532529

  4. Scope of the Report: • On the basis Ingredient type, the food coating market has been segmented as follows: • Ingredients Type: • Cocoa & chocolate • Fats & oils • Flours • Breaders • Batter • Sugars & syrups • Salts, spices, and seasonings • Others • On the basis of Equipment type, the food coating market has been segmented as follows: • Coaters & applicators • Breading applicators • Flour applicators • Batter applicators • Seasoning applicators • Other coaters & applicators • Enrobers • Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=168532529

  5. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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