Asia Pacific Food Coating Ingredients Market to grow at a CAGR of 7.5% during 2016 to 2021 | Market Data Forecast
According to the report Asia Pacific Food Coating Ingredients Market, published by Market Data Forecast, The market has been estimated at USD 0.65 Billion in 2016 and is projected to reach USD 0.93 Billion by 2021, at a CAGR of 7.5% during the forecast period from 2016 to 2021.
Coating is a major stage in food processing controlling a product’s development, arrangement, texture and taste structures. The process of coating can differ according to the nature of the substrate as well as the food coating ingredient, but primarily consists of mixing the two and allowing them to coalesce naturally.
They play an important role in the processed food industry.
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The market for Food Coating Ingredients in Asia-Pacific region is mainly driven due to increasing use of coating to the food commodities which are to be imported and exported, due to increasing globalization. Also, rising demand from the processed food market is the primary driver of food coating ingredients market.
But, the market growth can be hindered due to varied food regulations and stringent laws governing the food items, across the region.
Asia-Pacific Food Coating Ingredients Market: Segmentation
- Fats & Oil
- Flour & Batter
- Sugar & Syrups
- Fruits & Vegetables
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Geographically, Asia-Pacific market for Food Coating Ingredients is segmented into China, India, Japan, South Korea and Australia. Asia Pacific region is estimated to achieve highest gains in the near future, as the market here is progressing with high CAGR.
Robust demand for bakery and chocolate products along with significant agriculture growth in India and China is anticipated to have a progressive impact on Food Coating Ingredients industry in the coming years.
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 Asia-Pacific Food Coating Ingredients market.
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Reasons to access Asia-Pacific 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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