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Food Coating Ingredients Market Regional Analysis With Size, Growth and Demand - Forecast Report

The global food coating ingredients market is expected to reach $3,698.6 million in 2020 with a CAGR of 5.8%.
Food Coating Ingredients
The up surging bakery and confectionery industries, increasing demand for convenience foods, growing consumer demand for food protection agents are some of the factors, driving the growth of the food coating ingredients market.
The consolidating industry of food coating ingredient is a key trend that can be seen in the global food coating ingredients market.
The Asia-Pacific food coating ingredients market is expected to witness fastest growth, with a CAGR of 8.7% forecast to 2020. The higher economic growth and busy lifestyles are also driving the growth of the frozen food market, and consequently driving the upsurge in the food coating ingredients market within the region.
Due to the increasing health awareness, the demand for foods with organic ingredients has been propelling, which is providing growth opportunities for the food coating ingredients market.
The growing demand for bakery products and up surging domestic bakery production in North America is intensifying the growth of the food coating ingredients market in the region.
Western Europe is the largest food coating market in European region. The main reason for the growth of the food coating ingredients market in Western Europe is the existence of large number of end-user industries in the bakery and confectionery segment.
The chocolate industry is growing at a rapid pace, which is offering considerable growth opportunities for the cocoa and chocolate segment in the Rest of the World market. The rapid industrialization and increasing disposable incomes are propelling the demand for food coating ingredients.
The major companies operating in the global food coating ingredients market include Archer Daniels Midland Company (ADM), Cargill Inc., E.I. du Pont de Nemours and Company, Ashland Inc., Ingredion Incorporated, Agrana Beteiligungs AG, Kerry Group, Döhler GmbH, PGP International Inc., and Balchem Corporation.

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