The food coating market is expected to register a CAGR of 6% during 2023–2031. The rising demand for clean label and natural coatings and growing popularity of functional coatings are likely to remain a key trend in the market.
Food Coating Market Analysis
- The global food coating market is growing at a significant rate, the factors responsible for the same are increased demand for processed and convenience foods, consumer inclination for enhanced taste, texture and appearance, major driving factors for the same include rapid urbanisation, dietary changes and rising disposable income.
- The market is segmented by type, application, and mode of operation.
- The application areas of food coating embrace a wide range of food products spanning bakery, confectionery, snacks, meat products among others.
- Major players in this sector are focusing on innovative product development, specifically clean label and functional coatings keeping the steadfast increase in consumer demands for and long-shelf-life foods indirectly gaining ground for food coating market.
Food Coating Market Overview
- Food coating is a complex process used in the food industry to modify numerous characteristics of food products.
- The application of a thin edible layer over the surface of a food item has a wide range of applications, and its usefulness goes beyond simple aesthetic alterations.
- Food coatings may be manufactured from a variety of materials such as starches, flours, proteins, gums and many combinations, each chosen for its distinct functional properties.
- Food coatings are utilised for diverse purposes, including improving texture, especially crispiness or crunchiness, enhancing taste through integration with seasonings or spices, extending shelf life by forming a moisture or oxygen barrier, improving colour consistency or creating glossy finishes, or even adding nutritional benefits through fortified coatings.
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Food Coating Market Drivers and Opportunities
Increasing demand for processed and convenience foods is expected to drive the growth of the food coating market
- The increasing demand for processed and convenience foods is emerging as a pivotal driver in the growth of the food coating market.
- This trend is propelled by a confluence of socioeconomic factors, including rapid urbanization, evolving lifestyles, and rising disposable incomes across global populations.
- As consumers grapple with time constraints in their daily lives, there's a growing preference for ready-to-eat meals and easy-to-prepare food options, which often rely heavily on food coatings for enhanced palatability, texture, and shelf life.
- The food coating industry is responding to this demand by innovating and diversifying its product offerings, developing coatings that not only improve the sensory attributes of processed foods but also add functional benefits such as nutrient fortification and preservation.
Growth of food delivery services
- The expansion of food delivery platforms has indeed created a significant opportunity for the food coating market, driving increased consumption of prepared meals and consequently boosting demand for food coatings.
- Food delivery apps and services have become ubiquitous in providing consumers access to diverse range of cuisines cooked by local restaurants and cloud-kitchens.
- This convenience has led to a surge in the consumption of restaurant-quality meals at home or in the workplace.
- The food coating industry has responded to this opportunity by developing innovative solutions tailored for the delivery market. These include advanced hydrocolloid coatings that improve moisture retention, temperature-stable coatings that maintain texture across varying conditions, and even smart coatings that change properties during transit to optimize food quality upon arrival.
Food Coating Market Report Segmentation Analysis
Key segments that contributed to the derivation of the food coating market analysis are type, application and mode of operation.
- Based on type, the food coating market is segmented into fats and oils, cocoa and chocolates, spices, flours, starches, syrups and sugar, salts, hydrocolloids, and others.
- Based on application, the food coating market is segmented into confectioneries, RTE cereals, dairy products, bakery products, nutritional bars and snacks, meat and poultry products, fruits and vegetables, and others.
- Based on mode of operation, the food coating market is divided into automatic, semi-automatic.
Food Coating Market Share Analysis by Geography
- Food Coating Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering food coating market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the food coating market in these regions.
Food Coating Market Regional Insights
The regional trends and factors influencing the Food Coating Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Food Coating Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Food Coating Market
Food Coating Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Food Coating Market Players Density: Understanding Its Impact on Business Dynamics
The Food Coating Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Food Coating Market are:
- Bowman Ingredients
- Cargill, Incorporated
- Dohler GmbH
- Ingredion Incorporated
- JBT Corporation
- Kerry Inc.
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Food Coating Market top key players overview
Food Coating Market News and Recent Developments
The food coating market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the food coating market are listed below:
- Specialty chemicals company Archroma has announced the launch of its Cartaseal OGB F10 barrier coating, designed for PFAS-free oil and grease resistance in food and non-food paper and board packaging. (Source: Newsletter, Archroma, Apr 2024)
- Loryma, a leading German-based global producer renowned for its distributed wheat proteins and native and modified wheat starches, has unveiled an expanded portfolio of coating ingredients designed to elevate textures and flavors to new heights. (Source: Newsletter, Loryma, Feb 2024)
Food Coating Market Report Coverage and Deliverables
The “Food Coating Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Food coating market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Food coating market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Food coating market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the food coating market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The global food coating market is expected to grow at a CAGR of 6% during the forecast period 2023 - 2031.
Increasing demand for processed and convenience foods is expected to drive the growth of the food coating market.
rising demand for clean label and natural coatings and growing popularity of functional coatings to play a significant role in the global food coating market in the coming years.
The leading players operating in the food coating market are Bowman Ingredients; Cargill, Incorporated; Dohler GmbH; Ingredion Incorporated; JBT Corporation; Kerry Inc.; Newly Weds Foods; PGP International, Inc.; SensoryEffects (Balchem Corporation); Tate & Lyle PLC.
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The List of Companies
1. Bowman Ingredients
2. Cargill, Incorporated
3. Dohler GmbH
4. Ingredion Incorporated
5. JBT Corporation
6. Kerry Inc.
7. Newly Weds Foods
8. PGP International, Inc.
9. SensoryEffects (Balchem Corporation)
10. Tate and Lyle PLC