Key players are Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Kerry Group plc (Ireland), Ashland Inc. (U.S.), Tate & Lyle PLC (U.K.), AGRANA Group (Austria)
(PRWEB) January 15, 2015
The report defines and segments the food coating ingredients market with analyses and projections of the market size in terms of value. It also identifies the driving and restraining factors of the market with analyses of trends, opportunities, restraints, challenges, and burning issues.
The size of the market in key geographical regions such as North America, Europe, Latin America, Asia-Pacific, and Rest of the World (ROW) has been estimated and projected.
Browse 78 market data tables and 68 figures spread through 185 pages and in-depth TOC on “Food Coating Ingredients Market - Global Trend & Forecast to 2019”
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The food coating ingredients market is driven by the rise in consumption of processed food products in developed and developing countries. Investments & expansions formed the most preferred strategy among the key players to attract and retain new customers, globally. They also focused on acquiring local players of emerging markets to expand their business on a global scale and sustain the competition prevailing in the market. New product launches also helped key players in strengthening their product portfolio.
The food coating ingredients market is growing in accordance with the advancement of the processed food industry. The rise in demand from industries such as bakery, confectionery, and prepared food is driving the food coating ingredients market. A rise in consumer spending on bakery, dairy, and fried food is also estimated to be driving the market for food coating ingredients.
The food coating ingredients market is segmented on the basis of types, applications, and regions. The food coating ingredients industry is restrained by strict legislation regarding the type of ingredient used and their effect on health. The demand for natural ingredients is rising as a result of increase in consumer awareness and stringent environmental laws.
The report provides a detailed analysis of the food coating ingredients market, which is segmented into cocoa & chocolate, vegetable oils and fats, salt, spices & seasonings, flours, batter & crumbs, starches, hydro colloids, sugars & syrups, and others. The market sizes for food coating ingredients were also analyzed for the key regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The market is further segmented on the basis of the key countries in these regions.
The market sizes for food coating ingredients were also analyzed for the key regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW).
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The market for food coating ingredients is projected to grow at a CAGR of 5.9% from 2014 to 2019. In 2013, the North American region was the market for largest food coating ingredients, wherein the U.S. dominated.
The report includes development strategies and product portfolio of the leading companies such as Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Kerry Group plc (Ireland), Ashland Inc. (U.S.), Tate & Lyle PLC (U.K.), AGRANA Group (Austria), PGP International, Inc. (U.S.), Dohler Group (Germany), and Sensory Effects Ingredient Solutions (U.S.).
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