Asia Pacific Food Coatings Ingredients Market Size [2031]

Asia Pacific Food Coatings Ingredients Market Size [2031]

Segments - Asia Pacific Food Coatings Ingredients Market by Types (Cocoa & Chocolates, Spices & Seasonings, Batter & Crumbs, Sugar & Syrups, Fats & Oils, Flours, and Others), Applications (Confectionery, Dairy, Bakery, Snacks, Meat, and Others), and Geography (Japan, Australia, China, India, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-2150 | 4.4 Rating | 64 Reviews | 195 Pages | Format : PDF Excel PPT

Report Description


The Asia Pacific food coatings ingredients market size was USD XX Bn in 2022 and is likely to reach USD XX Bn by 2031, expanding at a CAGR of 6.32% during 2023–2031. The growth of the market is attributed to the rising demand for ready to eat food products & poultry items, supportive government policies & rules in the region, and growing number of shopping centers & supermarkets with retail store.

Asia Pacific Food Coatings Ingredients Market Outlook

Food coating ingredients are the ingredients that offers desired products with taste, appearance, and texture by locking the moisture & flavor. Most of the food is been coated and became very elaborated and sophisticated with the help of commercial coating formulation. Food manufacturers combine various types of seasonings, spices, and coatings to offer unique food items & flavors.

The food coatings ingredients could be applied in dry powdered form or in liquid form. Liquid food coatings are majorly used in confectionaries, bakery products, granola bars, flavored nuts, and ice-cream coatings. Coatings includes formulations based on fat, which are melted and then applied to the food products including cakes, doughnuts, fruits pieces, nuts, cookies, and wafers to add flavor. 

  • Rising consumption of processed and convenience food is anticipated to propel the market expansion in the coming years.

  • Rapid growth of the food industry is key factor boosting the market growth during the forecast period.

  • High cost of the food coatings is expected to restrict the market expansion in the coming years.

  • Rules and regulation regarding the usage of food coatings acts as major challenge that can hamper the market growth.

  • Innovations in the food coatings ingredients is estimated to offer lucrative opportunities for the market payers.

Scope of the Report

The report on the Asia Pacific food coatings ingredients market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Asia Pacific Food Coatings Ingredients Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Cocoa & Chocolates, Spices & Seasonings, Batter & Crumbs, Sugar & Syrups, Fats & Oils, Flours, and Others), Applications (Confectionery, Dairy, Bakery, Snacks, Meat, and Others)

Geography

Japan, Australia, China, India, and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Archer Daniels Midland Company; Pioneer Foods; Cargill, Inc.; Tate & Lyle Plc.; Kerry Group; Bowman Ingredients; PGP International, Inc.; Ingredion Inc.; Newly Weds Foods; Dohler; Agrana Beteiligungs AG; Sensory Effects Ingredients Solutions; and Ashland Inc.

Market Segment Insights:

Sugar & syrups segment is projected to account for a large market share

Based on types, the Asia Pacific food coatings ingredients market is divided into cocoa & chocolates, spices & seasonings, batter & crumbs, sugar & syrups, fats & oils, flours, and others. The sugar & syrups segment is expected to constitute a key share of the market during the forecast period owing to high usage in the processing industries and it helps in various properties such as sweetness, taste, and color to the food item. However, the flours segment is anticipated to expand at a rapid pace during the forecast period due to high usage in confectionery & bakery and it is used in fried meat & fast food as an attractive coating.

Asia Pacific Food Coatings Ingredients Market Type

Confectionery segment is projected to hold a key market share

On the basis of applications, the market is segmented into confectionery, dairy, bakery, snacks, meat, and others. The confectionery segment is expected to represent a key share of the market in the coming years due to rising demand for processed & fast foods in the region, consumer willing to spend for better food, and rising disposable income of the consumers. On the other hand, the meat segment is anticipated to expand at a rapid pace during the forecast period owing to requirement of coatings to meat and poultry products for prevention from disintegration, adhesion, or agglomeration.

Asia Pacific Food Coatings Ingredients Market Application

China is expected to dominate the market

On the basis of geography, the Asia Pacific food coatings ingredients market is categorized as Japan, Australia, China, India, and Rest of Asia Pacific. The market of China is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to growing population and busy lifestyle is increasing the consumption of preserved foods. On the other hand, the market of India is expected to exhibit a rapid growth rate in the coming years due to rising disposable income of consumers, increasing demand for processed food products, and changing lifestyle.

Asia Pacific Food Coatings Ingredients Market Region

Segments

Segments Covered in the Report

The Asia Pacific food coatings ingredients market has been segmented on the basis of

Types

  • Cocoa & Chocolates
  • Spices & Seasonings
  • Batter & Crumbs
  • Sugar & Syrups
  • Fats & Oils
  • Flours
  • Others

Applications

  • Confectionery
  • Dairy
  • Bakery
  • Snacks
  • Meat
  • Others

Geography

  • Japan
  • Australia
  • China
  • India
  • Rest of Asia Pacific

Key Players

  • Archer Daniels Midland Company
  • Pioneer Foods
  • Cargill, Inc.
  • Tate & Lyle Plc.
  • Kerry Group
  • Bowman Ingredients
  • PGP International, Inc.
  • Ingredion Inc.
  • Newly Weds Foods
  • Dohler
  • Agrana Beteiligungs AG
  • Sensory Effects Ingredients Solutions
  • Ashland Inc.

Competitive Landscape

Key players competing in the Asia Pacific food coatings ingredients market include Archer Daniels Midland Company; Pioneer Foods; Cargill, Inc.; Tate & Lyle Plc.; Kerry Group; Bowman Ingredients; PGP International, Inc.; Ingredion Inc.; Newly Weds Foods; Dohler; Agrana Beteiligungs AG; Sensory Effects Ingredients Solutions; and Ashland Inc. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Asia Pacific Food Coatings Ingredients Market Keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Coatings Ingredients Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Coatings Ingredients Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Coatings Ingredients Market - Supply Chain
  4.5. Global Food Coatings Ingredients Market Forecast
     4.5.1. Food Coatings Ingredients Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Coatings Ingredients Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Food Coatings Ingredients Market Absolute $ Opportunity
5. Global Food Coatings Ingredients Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Food Coatings Ingredients Market Size and Volume Forecast by Types
     5.3.1. Cocoa & Chocolates
     5.3.2. Spices & Seasonings
     5.3.3. Batter & Crumbs
     5.3.4. Sugar & Syrups
     5.3.5. Fats & Oils
     5.3.6. Flours
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Coatings Ingredients Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Food Coatings Ingredients Market Size and Volume Forecast by Applications
     6.3.1. Confectionery
     6.3.2. Dairy
     6.3.3. Bakery
     6.3.4. Snacks
     6.3.5. Meat
     6.3.6. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Food Coatings Ingredients Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Food Coatings Ingredients Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Food Coatings Ingredients Demand Share Forecast, 2019-2026
8. North America Food Coatings Ingredients Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Food Coatings Ingredients Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Food Coatings Ingredients Market Size and Volume Forecast by Types
     8.4.1. Cocoa & Chocolates
     8.4.2. Spices & Seasonings
     8.4.3. Batter & Crumbs
     8.4.4. Sugar & Syrups
     8.4.5. Fats & Oils
     8.4.6. Flours
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Food Coatings Ingredients Market Size and Volume Forecast by Applications
     8.7.1. Confectionery
     8.7.2. Dairy
     8.7.3. Bakery
     8.7.4. Snacks
     8.7.5. Meat
     8.7.6. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Food Coatings Ingredients Demand Share Forecast, 2019-2026
9. Latin America Food Coatings Ingredients Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Food Coatings Ingredients Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Food Coatings Ingredients Market Size and Volume Forecast by Types
     9.4.1. Cocoa & Chocolates
     9.4.2. Spices & Seasonings
     9.4.3. Batter & Crumbs
     9.4.4. Sugar & Syrups
     9.4.5. Fats & Oils
     9.4.6. Flours
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Food Coatings Ingredients Market Size and Volume Forecast by Applications
     9.7.1. Confectionery
     9.7.2. Dairy
     9.7.3. Bakery
     9.7.4. Snacks
     9.7.5. Meat
     9.7.6. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Food Coatings Ingredients Demand Share Forecast, 2019-2026
10. Europe Food Coatings Ingredients Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Food Coatings Ingredients Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Food Coatings Ingredients Market Size and Volume Forecast by Types
     10.4.1. Cocoa & Chocolates
     10.4.2. Spices & Seasonings
     10.4.3. Batter & Crumbs
     10.4.4. Sugar & Syrups
     10.4.5. Fats & Oils
     10.4.6. Flours
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Food Coatings Ingredients Market Size and Volume Forecast by Applications
     10.7.1. Confectionery
     10.7.2. Dairy
     10.7.3. Bakery
     10.7.4. Snacks
     10.7.5. Meat
     10.7.6. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Food Coatings Ingredients Demand Share Forecast, 2019-2026
11. Asia Pacific Food Coatings Ingredients Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Food Coatings Ingredients Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Food Coatings Ingredients Market Size and Volume Forecast by Types
     11.4.1. Cocoa & Chocolates
     11.4.2. Spices & Seasonings
     11.4.3. Batter & Crumbs
     11.4.4. Sugar & Syrups
     11.4.5. Fats & Oils
     11.4.6. Flours
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Food Coatings Ingredients Market Size and Volume Forecast by Applications
     11.7.1. Confectionery
     11.7.2. Dairy
     11.7.3. Bakery
     11.7.4. Snacks
     11.7.5. Meat
     11.7.6. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Food Coatings Ingredients Demand Share Forecast, 2019-2026
12. Middle East & Africa Food Coatings Ingredients Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Food Coatings Ingredients Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Food Coatings Ingredients Market Size and Volume Forecast by Types
     12.4.1. Cocoa & Chocolates
     12.4.2. Spices & Seasonings
     12.4.3. Batter & Crumbs
     12.4.4. Sugar & Syrups
     12.4.5. Fats & Oils
     12.4.6. Flours
     12.4.7. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Food Coatings Ingredients Market Size and Volume Forecast by Applications
     12.7.1. Confectionery
     12.7.2. Dairy
     12.7.3. Bakery
     12.7.4. Snacks
     12.7.5. Meat
     12.7.6. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Food Coatings Ingredients Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Food Coatings Ingredients Market: Market Share Analysis
  13.2. Food Coatings Ingredients Distributors and Customers
  13.3. Food Coatings Ingredients Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Archer Daniels Midland Company
     13.4.2. Pioneer Foods
     13.4.3. Cargill, Inc.
     13.4.4. Tate & Lyle Plc.
     13.4.5. Kerry Group
     13.4.6. Bowman Ingredients
     13.4.7. PGP International, Inc.
     13.4.8. Ingredion Inc.
     13.4.9. Newly Weds Foods
     13.4.10. Dohler
     13.4.11. Agrana Beteiligungs AG
     13.4.12. Sensory Effects Ingredients Solutions
     13.4.13. Ashland Inc.

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