Question 1

Why is the U.S. emerging as a lucrative growth avenue for food coating ingredients market players?

Accepted Answer

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.

Question 2

Who are the main players in food coating ingredients landscape?

Accepted Answer

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.

Question 3

What is the size of the food coating ingredients market?

Accepted Answer

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.

Question 4

How is fried food application boosting the demand in food coating ingredients industry?

Accepted Answer

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.

Food Coating Ingredients Market Share

Food Coating Ingredients Market Share

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