SAN FRANCISCO, July 30, 2015 /PRNewswire/ --
The global food coating ingredients market is expected to reach USD 4.44 billion by 2022, according to a new study by Grand View Research, Inc. Growing demand across several application segments, including confectioneries, bakery products and meat & poultry products is expected to drive the global food coating ingredients market over the forecast period. Increasing penetration of processed food and ready-to-eat food particularly in North American and European countries is expected to fuel the market growth. Increasing disposable income along with willingness to spend coupled with population growth in emerging markets has driven confectioneries and fast food serving restaurants including McDonalds & KFC. Restrictions regarding food additives and preservatives are expected to remain a key challenge for market participants. Stringent food safety regulations imposed by European Union and FDA are also expected to hinder the market growth.
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Browse full research report with TOC on "Food Coating Ingredients Market Analysis By Product (Cocoa & Chocolates, Fats & Oils, Salt, Spices & Seasonings, Flours, Batter & Crumbs, Starches, Hydrocolloids, Sugar & Syrups), By Application (Bakery Products, Confectioneries, RTE Cereals, Dairy Products, Snacks And Nutritional Bars, Fruits & Vegetables, Meat & Poultry Products) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/food-coating-ingredients-market
Sugar & syrups emerged as the leading product segment and accounted for 30.2% from 2015 to 2022. Growing demand for bakery and confectionery products across the globe is expected to remain a key driving factor for this segment over the forecast period. Cocoa & chocolates is expected to witness the highest growth of 6.8% from 2015 to 2022.
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
For the purpose of this study, Grand View Research has segmented the Food Coating Ingredients Market on the basis of product, application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com
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