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Food Coating Ingredients Market Trends

Report ID: GMI6414
Published Date: Aug 2023
Report Format: PDF

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Food Coating Ingredients Market Trends

With a growing emphasis on health and wellness, there is a rising demand for healthier food coatings. Manufacturers are developing coatings with reduced fat, salt, and calories, while maintaining taste and texture, to cater to health-conscious consumers. The rise of plant-based diets and vegan lifestyles has led to increased demand for plant-based food coatings that replace animal-derived ingredients. Plant-based coatings offer an appealing option for consumers seeking sustainable and ethical choices.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of food coating ingredients crossed USD 3.2 billion in 2022 and is estimated to reach USD 3.4 billion by the end of 2032, owing to the demand for convenient & ready-to-eat foods.

Fried foods held a dominant market share of around 40% in 2022, as coatings are used to create a crispy and crunchy texture in fried food products.

U.S. market accounted for a revenue of USD 0.8 billion in 2022, due to the thriving snack food industry, including products like potato chips, extruded snacks, and coated nuts.

Ingredion Incorporated, Tate & Lyle PLC, Ashland Global Holdings Inc., PGP International, Inc. (A Bunge Limited Company), Dohler Group, Bowman Ingredients, SensoryEffects (A division of Balchem Corporation), Bunge Limited, Continental Mills, Inc.