Market Size of North America Food Coating Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.89 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Food Coating Ingredients Market Analysis
The North America food coating Ingredients market is forecasted to witness a CAGR of 4.89% during the forecast period (2020 - 2025).
- The enormous fast food industry in North America demands a large number of coated food ingredients. As the coating of food commodities helps to address the growing need of increasing the shelf life amidst increasing food trade, enhancing the organoleptic attributes, and maintaining the overall quality. Thus, driving the market forward.
- The North American region is expected to dominate the food coating ingredients market during the forecast period, owing to the superior food coating technologies and utilizisation of automatic equipment for coating food ingredients. Consumers in the US and Canada majorly consume salty snacks such as potato chips, which need dry coating. Apart from this, these countries consume frozen food that requires a coating for extended shelf life. Thus, increasing the application of food coating ingredients further in the North America.
