North America Food Coating Ingredients Market is projected to reach $1.28 billion by 2021

According to the report North America Food Coating Ingredients Market, published by Market Data Forecast, The market has been estimated at USD 0.97 Billion in 2016 and is projected to reach USD 1.28 Billion by 2021, at a CAGR of 5.6% during the forecast period from 2016 to 2021.

Food Coatings are applied to various food products to enhance or change their texture, taste, or nutritional profile. According to the nature of the substrate as well as the food coating ingredient, the process of coating can differ. But, it primarily consists of mixing the two and allowing them to coalesce naturally. The food coating ingredients market is directly influenced by the growing processed food industry.

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The market for Food coating ingredients in North America is mainly driven due to factors like highly increasing usage of antimicrobial food coating components, hectic and sedentary lifestyles leading to choosing products with food coatings which contains vitamins and nutrients to enhance the nutritional profile. But, the market growth can be declined due to varied food regulations along with stringent laws governing the food items.

North America Food Coating Ingredients Market: Segmentation

By Type                        

  • Cocoa
  • Chocolate
  • Fats & Oil
  • Salt
  • Spices
  • Flour & Batter
  • Starch
  • Hydrocolloid
  • Sugar & Syrups

By Application                           

  • Bakery
  • Confectionery
  • Cereal
  • Dairy
  • Snacks
  • Fruits & Vegetables
  • Meat

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Geographically, North America market for Food Coating Ingredients is segmented into U.S. and Canada. North America is the biggest market in terms of market share across the globe. The major companies in the global market belong to this region, which are highly competitive in expansion of business in different regions across the globe. Also, the ever-increasing demand for ready-to-eat products which contain food coating is driving the market in this region.

Cargill Incorporated, Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Kerry Group plc, Ashland Inc., Tate & Lyle PLC, AGRANA Group, PGP International, Inc., DohlerGroup, and SensoryEffects Ingredient Solutions are the major players of North America Food Coating Ingredients market.

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Reasons to buy North America Food Coating Ingredients Market Report:

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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