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North America Food Coating Ingredient Market Size | 2031

North America Food Coating Ingredients Market

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Segments - by Types (Sugars and Syrups, Cocoa and Chocolates, Fats and Oils, Spices and Seasonings, Flours, Batter and Crumbs, and Other Types), Applications (Bakery, Confectionery, Snacks, Dairy, Meat, and Other Applications), and Geography (The US, Canada, Mexico, and Rest of the North America) - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Anuradha B. More

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Report Description

The North America Food Coating Ingredients Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 4.89% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing demand for food coatings from fast food industry.

Food coating is a type of food process activity, which is used to improve the product’s taste, texture, and structure. Various methods are available to apply them on food products. The coating not only helps in taste but also improves quality and protects the food from UV rays. Food products are coated with coating ingredients to enhance the health benefits.

The COVID-19 led to stop the production of coatings, hampered the growth of the market. However, relaxation in restrictions has resumed the operations of manufacturing facilities. This, in turn, is anticipated to help the market recover by end of 2021.

Market Trends, Drivers, Restraints, and Opportunities

Increasing disposable income is anticipated to play a vital factor for the growth of the food coatings ingredients market.
Growing demand for ready-to-eat and frozen food products is anticipated to drive the growth of the market.
Growing urbanization and rising standard of living is anticipated to drive the market growth.
Stringent rules and regulations by government regarding food safety can positively influence the growth of the market.
Ongoing demand for antimicrobial coatings amidst the COVID-19 outbreak is estimated to create lucrative opportunities to the market players.

Scope of the Report

The report on the North America food coating 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	North America Food Coating Ingredients Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Sugars and Syrups, Cocoa and Chocolates, Fats and Oils, Spices and Seasonings, Flours, Batter and Crumbs, and Other Types), Applications (Bakery, Confectionery, Snacks, Dairy, Meat, and Other Applications)
Geographical Scope	The US, Canada, Mexico, and Rest of the North America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Cargill, Incorporated; Archer Daniels Midland Company; Barry Callebaut; Bunge Limited; and Puratos Group

North America Food Coatings Ingredients Market Segment Insights

Sugars and syrups segment is expected to grow at a robust rate

Based on types, the market is divided into sugars and syrups, cocoa and chocolates, fats and oils, spices and seasonings, flours, batter and crumbs, and other types. The sugars and syrups segment is expected to grow at a rapid pace during the forecast period owing to growing adoption of certain properties such as sweetness, colors, and taste in food products. However, the cocoa and chocolates segment is anticipated to hold a key share of the market in the coming years owing to increasing demand for bakery products.

Snacks segment is projected to expand at a healthy CAGR

On the basis of applications, the market is segregated into bakery, confectionery, snacks, dairy, meat, and other applications. The snacks segment is projected to expand at a considerable CAGR during the forecast period. Growing preference for low saturated fat levels in snacks is driving the segment growth. On the other hand, the bakery segment is anticipated to account for a major market share during the forecast period owing to daily requirement for bread and bread-related products.

Segments

Segments Covered in the Report
The North America food coatings ingredients market has been segmented on the basis of

Types

Sugars and Syrups
Cocoa and Chocolates
Fats and Oils
Spices and Seasonings
Flours
Batter and Crumbs
Other Types

Applications

Bakery
Confectionery
Snacks
Dairy
Meat
Other Applications

Geography

The US
Canada
Mexico
Rest of the North America

Key Players

Cargill Incorporated
Archer Daniels Midland Company
Barry Callebaut
Bunge Limited
Puratos Group

Competitive Landscape

Key players competing in the North America food coating ingredients market are Cargill, Incorporated; Archer Daniels Midland Company; Barry Callebaut; Bunge Limited; and Puratos Group.

In August 2021, Puratos Group, a Belgian chocolate provider, raised one billion euros through a bond loan to combat slavery, child labor, and deforestation.
In July 2021, Barry Callebaut and The Hershey Co., a prominent global chocolate leader, announced the extension of their strategic supply partnership.

In November 2019, Avansya, the joint venture between Cargill Incorporated and Royal DSM, started production at the first commercial-scale fermentation facility for stevia sweeteners EverSweet, a non-artificial, zero-calorie stevia sweetener in the US.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Coating Ingredient 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 Coating Ingredient Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Coating Ingredient Market - Supply Chain
  4.5. Global Food Coating Ingredient Market Forecast
     4.5.1. Food Coating Ingredient Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Coating Ingredient Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Food Coating Ingredient Market Absolute $ Opportunity
5. Global Food Coating Ingredient 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 Coating Ingredient Market Size and Volume Forecast by Types
     5.3.1. Sugars and Syrups
     5.3.2. Cocoa and Chocolates
     5.3.3. Fats and Oils
     5.3.4. Spices and Seasonings
     5.3.5. Flours
     5.3.6. Batter and Crumbs
     5.3.7. Other Types
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Coating Ingredient 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 Coating Ingredient Market Size and Volume Forecast by Applications
     6.3.1. Bakery
     6.3.2. Confectionery
     6.3.3. Snacks
     6.3.4. Dairy
     6.3.5. Meat
     6.3.6. Other Applications
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Food Coating Ingredient 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 Coating Ingredient 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 Coating Ingredient Demand Share Forecast, 2019-2026
8. North America Food Coating Ingredient 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 Coating Ingredient 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 Coating Ingredient Market Size and Volume Forecast by Types
     8.4.1. Sugars and Syrups
     8.4.2. Cocoa and Chocolates
     8.4.3. Fats and Oils
     8.4.4. Spices and Seasonings
     8.4.5. Flours
     8.4.6. Batter and Crumbs
     8.4.7. Other Types
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Food Coating Ingredient Market Size and Volume Forecast by Applications
     8.7.1. Bakery
     8.7.2. Confectionery
     8.7.3. Snacks
     8.7.4. Dairy
     8.7.5. Meat
     8.7.6. Other Applications
  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 Coating Ingredient Demand Share Forecast, 2019-2026
9. Latin America Food Coating Ingredient 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 Coating Ingredient 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 Coating Ingredient Market Size and Volume Forecast by Types
     9.4.1. Sugars and Syrups
     9.4.2. Cocoa and Chocolates
     9.4.3. Fats and Oils
     9.4.4. Spices and Seasonings
     9.4.5. Flours
     9.4.6. Batter and Crumbs
     9.4.7. Other Types
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Food Coating Ingredient Market Size and Volume Forecast by Applications
     9.7.1. Bakery
     9.7.2. Confectionery
     9.7.3. Snacks
     9.7.4. Dairy
     9.7.5. Meat
     9.7.6. Other Applications
  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 Coating Ingredient Demand Share Forecast, 2019-2026
10. Europe Food Coating Ingredient 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 Coating Ingredient 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 Coating Ingredient Market Size and Volume Forecast by Types
     10.4.1. Sugars and Syrups
     10.4.2. Cocoa and Chocolates
     10.4.3. Fats and Oils
     10.4.4. Spices and Seasonings
     10.4.5. Flours
     10.4.6. Batter and Crumbs
     10.4.7. Other Types
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Food Coating Ingredient Market Size and Volume Forecast by Applications
     10.7.1. Bakery
     10.7.2. Confectionery
     10.7.3. Snacks
     10.7.4. Dairy
     10.7.5. Meat
     10.7.6. Other Applications
  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 Coating Ingredient Demand Share Forecast, 2019-2026
11. Asia Pacific Food Coating Ingredient 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 Coating Ingredient 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 Coating Ingredient Market Size and Volume Forecast by Types
     11.4.1. Sugars and Syrups
     11.4.2. Cocoa and Chocolates
     11.4.3. Fats and Oils
     11.4.4. Spices and Seasonings
     11.4.5. Flours
     11.4.6. Batter and Crumbs
     11.4.7. Other Types
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Food Coating Ingredient Market Size and Volume Forecast by Applications
     11.7.1. Bakery
     11.7.2. Confectionery
     11.7.3. Snacks
     11.7.4. Dairy
     11.7.5. Meat
     11.7.6. Other Applications
  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 Coating Ingredient Demand Share Forecast, 2019-2026
12. Middle East & Africa Food Coating Ingredient 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 Coating Ingredient 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 Coating Ingredient Market Size and Volume Forecast by Types
     12.4.1. Sugars and Syrups
     12.4.2. Cocoa and Chocolates
     12.4.3. Fats and Oils
     12.4.4. Spices and Seasonings
     12.4.5. Flours
     12.4.6. Batter and Crumbs
     12.4.7. Other Types
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Food Coating Ingredient Market Size and Volume Forecast by Applications
     12.7.1. Bakery
     12.7.2. Confectionery
     12.7.3. Snacks
     12.7.4. Dairy
     12.7.5. Meat
     12.7.6. Other Applications
  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 Coating Ingredient Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Food Coating Ingredient Market: Market Share Analysis
  13.2. Food Coating Ingredient Distributors and Customers
  13.3. Food Coating Ingredient Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Cargill Incorporated
     13.4.2. Archer Daniels Midland Company
     13.4.3. Barry Callebaut
     13.4.4. Bunge Limited
     13.4.5. Puratos Group

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