Market Research Future (Food and Beverages) Food Coating Ingredients Market Research Report– F | Page 4

Food Coating Ingredients Market Research Report– Forecast to 2023
3 Sample Pages
On the basis of the type, it is segmented into cocoa & chocolates, sugars & syrups, spices & seasonings, starches,
hydrocolloids, fats & oils, crumbs, flours, and others. Among all, the cocoa & chocolate segment is dominating the
market owing to the health benefits associated with its consumption. However, the sugars & syrups segment is
projected to witness substantial growth in the coming years owing to its wide range of use in various food products.
On the basis of the application, it is segmented into bakery, confectionery, dairy, frozen foods, RTE meals, snack
and nutrition bar, and others. Among all, the bakery segment is dominating the market owing to the high use of food
coating ingredients. Moreover, shifting inclination of the population in developed countries towards baked and
confectionery products is driving the growth of the market. However, dairy and frozen desserts are likely to witness
substantial growth over the estimated period.
Regional Analysis:
The global food coating ingredients market is segmented into North America, Europe, Asia Pacific, and rest of the
world (ROW). Among these, European region has the major market share. The market is projected to grow at a
steady pace in the review period. Asia-pacific will be the fastest growing region in the food coating ingredients
market. High growth in emerging economies such as China, India, Japan, Australia, and the Latin American
countries, offers ample opportunities for expansion to major players.
Moreover, the high consumption of processed and convenience food products in growing economies of Asia-
Pacific and Latin America and growing demand for bakery and confectionery products especially in China and
India will be the crucial factor underlining the market growth.
Page | 4
Copyright © 2017 Market Research Future.