Food Coating Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

Global food coating ingredients market is growing at a CAGR of 5.8% during the forecast period (2019-2024).

• Food coating is an instantaneous application of ingredients in nourishment handling and controls improvement strategy. The market is mainly driven by the increasing demand from food industrial application, especially, confectionery, bakery, fried foods and ready-to-eat foods, contributing towards color, taste, and sweetness attributes to the food product being coated. Apart from these, the requirement for anti-microbial coating is also compelling the food coating industry to introduce carious coating ingredients for food products. Among the coating ingredients used by the industries, sugars and syrups hold the major share in the ingredient market, followed by cocoa & chocolates owing to their immense scope of application. In addition to food industries, the encapsulation technique has been touted as suitable option to deliver nutraceuticals in convenient formats.
• Geographically, North America and Europe are the two leading regions in food coating ingredients market due to growth in consumption of bakery and dairy products.
• However, stringent rules and regulations regarding clean-label coating ingredients laid down by government bodies are hampering the growth of the market. For instance, the FDA and European Commission has prevented the usage of synthetic colors as coatings in food & beverage industry in United States on the basis of claims of carcinogenicity, on the basis of Delaney Clause, although it is still used in the European Union as later evaluations by JECFA and the EFSA concluded their use is safe. Also, the high calorific values of certain indulgent coating ingredients contribute to restrain to the market.

Scope of the Report

The global food coating ingredients market has been segmented by types which include sugars & syrups, cocoa & chocolates, fats & oils, spices & seasonings, flours, batter & crumbs, and others. On the basis of application, market is segmented into bakery, confectionery, snacks, dairy, meat and others. The report further analyses the global scenario of the market in the regions of North America, Europe, Asia-Pacific, South America and, Middle East and Africa.

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Key Market Trends

Increased Consumption of Confectioneries Products

The consumption of confectioneries, such as wafer bars, fondant, pastries, and candies, has been increased significantly in recent years owing to the demand arising from children, especially chocolate coated products. These coatings also extend the shelf-life of the product. Also, traditionally, the process of enrobing was slow and involved manually dipping; however, with increased demand for these products has opened room for many technologically advanced techniques such as electrostatic coating, therefore, enhancing the production rate and meeting the demand of the consumers. Additionally, the increase in the total store has boosted the growth of the confectionery market.

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