Food Coating Market

The global Food Coating market was valued at USD 3.74 Billion in 2020 and is projected to reach USD 5.92 Billion by 2028, growing at a CAGR of 5.91% from 2021 to 2028.

Coating refers to the application of a liquid or a powder on a product in a certain pattern. It requires product, ingredient and equipment to combine into a process. The process design depends upon multiple parameters as well as an existing working production environment.

The global Food Coating market report provides a thorough analysis of each segment, region, and country. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecasts, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report. In addition to that, the report will cover a thorough analysis of major players operating in the market based on company overview, product portfolio, recent developments, business strategies, financial performance, and market share among others. Cumulatively, the report will cover all aspects regarding the global Food Coating market. 

In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

The report includes an exhaustive analysis of Food Coating industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends,  SWOT analysis, and value chain among others.

The growing food processing in meat, bakery, snacks, and breakfast cereal and rising demand for processed, prepared, and convenience food are anticipated to augment the growth of the food coating market during the forecast period. 

The increase in demand from emerging regional markets coupled with growing investment opportunities in the development of new food coating technology is also likely to support the growth of the market. Furthermore, the equipment manufacturers are also launching various processing equipment for food to gain competitive advantage which is further expected to support the growth of the food coating market during the estimated timeframe.

The rising costs of production due to fluctuating ingredient prices and shift toward fresh food products are expected to limit the growth of the food coating market during the forecast period.

Ingredient Form  Analysis: Preview

On the basis of Ingredient Form, the market is segmented into Dry, Liquid. Liquid held the highest share in the global Food Coating market and is projected to witness the same trend during the forecast period.

Ingredient Type Analysis: Preview

Based on Ingredient Type, the market is segmented into Cocoa & Chocolates, Fats & Oils, Flours, Sugar & Syrups, Salts, Spices, and Seasonings, Others. Cocoa & Chocolates accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Mode of Operation Analysis: Preview

Based on Mode of Operation, the market is segmented into Automatic, Semi-Automatic. Semi-Automatic dominates the global Food Coating market and is expected to continue the same trend from 2021 to 2028. 

Geographically, the global Food Coating market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The report covers a thorough segmental analysis for each region comprising of market size and estimations for each segment by region for the years 2016–2028. In addition to that the report analyses Food Coating market at country-level hence the regional study is further bifurcated into key country-level markets from each region. North America is anticipated to dominate the global market during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users.  Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan.   

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA

Major players in the global Food Coating market are Clextral, Kerry Group, Ingredion Incorporated, Cargill, Newly Weds Foods, Archer Daniels Midland Company (ADM), PGP International, Tate & Lyle PLC, Bowman Ingredients, Marel, Tate & Lyle PLC, GEA Group, JBT Corporation, TNA Australia Pty Limited, Bühler AG, Dumoulin, Spice Application Systems.. The global Food Coating market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network,  and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.   

• The global Food Coating market was valued at USD 3.74 Billion in 2020
• The global Food Coating Market is projected to reach USD 5.92 Billion by 2028
• North America held the highest share of the Food Coating market in 2020
• Some of the major companies operating in the Food Coating market are Clextral, Kerry Group, Ingredion Incorporated, Cargill, Newly Weds Foods, Archer Daniels Midland Company (ADM), PGP International, Tate & Lyle PLC, Bowman Ingredients, Marel, Tate & Lyle PLC, GEA Group, JBT Corporation, TNA Australia Pty Limited, Bühler AG, Dumoulin, Spice Application Systems.