Asia-Pacific Food Coating Ingredients Market

The Global food coatings ingredient market is estimated to grow from USD$ 2.6 billion in 2015 to USD $ 3.6 Billion by 2020 with a CAGR of. North America is estimated to occupy the largest share and Asia Pacific is estimated to be one of the fastest growing regions. Food is coated for a variety of purpose such as to enhance flavor and texture, maintain rigidity and firmness of the food article, protect from bacteria, elongate shelf life etc.

Food items are coated by applying a liquid or powder on it in a certain fashion. A slight change in the choice of the ingredient may greatly help the process in terms of feasibility, simplification and end results. Food coating industry is helping manufacturers develop new products that have longer shelf lives and can be transported across the globe with less risk of deterioration.

Globalization of food has led to import and export of food articles across borders. It has become imperative to increase shelf life, maintain the quality of food and provide a similar rich taste experience at par with locally produced. Coating of food commodities helps to address this growing need. Varied food coating ingredients are used for variety of food items in accord to their respective properties and desired solution .Food & Beverage industry is growing rapidly across the globe. Many of its segments demand use of coating of food such as bakery, confectionary, ready to eat products, dairy products, snacks & nutrition bars and meat & poultry products. Growing urbanization, hectic and sedentary lifestyles are prompting consumers to opt for healthier alternatives of regular food. Food items are being coated with vitamins and nutrients to enhance the nutritional profile. Un Coated food articles are cheaper, have lower shelf life and prone to early degradation. Varied food regulations across the globe and stringent laws governing the food items pose a challenge for the market. Deeper penetration of organized retail across the region is creating more opportunities for the food coating sector by addressing a larger consumer base.

The Food Coating Ingredient market encompasses ingredients such as fats and oil, cocoa and chocolates, spices, flours, starches, syrups and sugar, salts, hydrocolloids, and others. Application is witnessed across Bakery and Confectionary, RTE , Dairy, Savory snacks, Frozen food, Meat and Poultry.

Largest application is witnessed across bakery and confectionery industries that extensively use cocoa and chocolate, flours, sugars and syrups.

Europe and North America are the largest market for food coating ingredients. Asia Pacific is anticipated to have a high growth rate owing to overall growth of the economy, favorable government policies and changing lifestyles.

The need to have prolonged shelf life and enhanced organoleptic properties is driving companies to develop innovative products. Moreover Asia Pacific is growing market and major companies are looking to expand their market share in the region. Major companies in the Food coating ingredient market are Archer Daniels Midland Company (ADM), Bowman Ingredients, Agrana Beteiligungs-AG, Balchem Corporation, Ashland Inc., Cargill, Incorporated, Dohlergroup, DU Pont DE Nemours and Company, Ingredion Incorporated, Kerry Group PLC, PGP International, Inc., Sensoryeffects Ingredient Solutions, Tate & Lyle PLC