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Food Coating Ingredients Market Size

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

Food Coating Ingredients Market Size

Food Coating Ingredients Market size was valued at USD 3.2 billion in 2022 and is estimated to expand at a CAGR of 6.3% between 2023 and 2032. The demand for convenience and ready-to-eat foods has increased significantly, driving the need for food coatings that enhance the texture, appearance, and taste of these products. Coatings help improve the crispiness and shelf life of processed foods. Food coatings add flavors, textures, and visual appeal to food products, meeting consumer preferences for enjoyable and indulgent eating experiences.

 

The popularity of processed and fried foods, such as chicken nuggets, French fries, and snacks, fuels the demand for food coating ingredients to achieve the desired texture and taste.
 

 

There is increasing consumer awareness and concern about the health and nutritional aspects of coated foods, especially those that are fried or heavily processed. The food industry is heavily regulated to ensure food safety and quality. Fluctuations in the prices of raw materials, such as oils, flours, and spices, can impact the cost of food coating ingredients.

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.

Food Coating Ingredients Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 150
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