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Food Coating Ingredients Market Report Scope & Overview:

The Food Coating Ingredients Market size was USD 3.42 billion in 2022 and is expected to Reach USD 5.49 billion by 2030 and grow at a CAGR of 6.1 % over the forecast period of 2023-2030. 

Food coating ingredients are compounds that are applied to food products' surfaces to improve its appearance, texture, flavor, shelf life, or other functional attributes. They are used in a wide variety of food products, including bakery, confectionery, snacks, dairy, meat, and seafood.

Food Coating Ingredients Market Revenue Analysis

The food coating ingredients market is categorized based on type. The sugars and syrups segment is expected to dominate segment in the market with a CAGR of 8.5% in the forecast period. Sugars and syrups add a sweet taste and flavor to food, making them frequently utilized for food coating. They also have a smooth and shiny surface, which consumers like. Furthermore, the growing demand for natural and healthy food products has resulted in the development of novel sugar and syrup-based coating components, such as agave syrup and honey, which are projected to drive market growth further.

MARKET DYNAMICS

KEY DRIVERS

  • Increased demand of Confectioneries and bakery products

Consumers are spending more money on food and beverages and seeking more convenient and ready-to-eat options. Confectioneries and bakery products such as wafer bars, cakes, bread, pastries, and cookies have expanded dramatically in recent years due to growing demand from youngsters, particularly chocolate-coated products. According to the Government of Canada, retail sales of baked products in Canada are predicted to reach USD 7.9 billion by 2026. These coatings, in addition to increasing flavor and texture, enhance the shelf-life of the product by functioning as a moisture barrier.

RESTRAIN

  • High cost of ingredients in food coating

  • Strict laws and regulations

Strict laws and regulations governing clean-label coating chemicals might be a hindrance. For example, the FDA and the European Commission, due to carcinogenicity accusations, the FDA and the European Commission have prohibited the use of synthetic food colors as coating agents in the United States Food &Beverage business levels of some indulgent coating components limit market expansion.

OPPORTUNITY

  • Growing investment opportunities

  • Growing demand for functional food coating ingredients

Consumers are growing more health concerns, and they want food coating ingredients created from natural ingredients. As businesses develop organic and natural alternatives to conventional food coating ingredients, this opens up new potential for food coating ingredients. Functional food coating ingredients can help to make food more nutritious by adding vitamins, minerals, fiber, or other beneficial compounds. By replacing bad fatty acids with healthier ones or by adding fiber, functional food coating components can aid in reducing the number of calories and fat in a meal. Probiotics can be added to food products using functional food coating elements, making them a more wholesome and nutritious option.

CHALLENGES

  • Prolonged consumption of food-coating ingredients

Food coating ingredients are often manufactured using artificial substances, which can be harmful to one's health if consumed in huge numbers.  Some food coating components, such as artificial colors and flavors, have been related to cancer. It may also include trans fats, which raise the risk of heart disease. Prolonged consumption of food coating components may stifle industry growth.

IMPACT OF RUSSIA UKRAINE WAR

The Russia-Ukraine war is significantly impacting the global food coating ingredients market. Both countries are major exporters of food coating ingredients, such as wheat, corn, and sunflower oil. The war has disrupted the production and exports of these commodities, leading to higher prices and supply shortages. This has led to a decrease in consumption of sugar, syrup chocolates, and other ingredients. Also, in 2023, the number of consumers purchasing a sweet treat several times a week from 36% pre-crisis to 22%. 

IMPACT OF ONGOING RECESSION

Recession has led to an increase in prices of ingredients due to disruption in the supply chain of ingredients used in food coating due to war. Also, the war has reduced agriculture product production in 2022. This reduction in production has led to an increase in prices of all bakery & confectionery products, snacks, meat & seafood. This has indirectly affected the food coating ingredients market. In 2023, it was witnessed that confectionery sales declined by 3.5 % in 2022.

MARKET SEGMENTATION

by Type

  • Sugars and Syrups

  • Cocoa and Chocolates

  • Fats and Oils

  • Spices and Seasonings

  • Flours

  • Batter and Crumbs

  • Other

by Form

  • Dry

  • Liquid

by Application

  • Bakery Products

  • Confectionery

  • Snacks

  • Dairy Products

  • Meat & Seafood

  • Other

Food Coating Ingredients Market Segmentation Analysis

REGIONAL ANALYSIS

North America is the largest market for food coating ingredients, followed by Europe and Asia Pacific. The growth of the market in these regions is being driven by the demand for processed food, confectionary & bakery products, and ready-to-eat food.

Asia-Pacific region is the fastest-growing region for food coating ingredients, which is attributed to the robust demand for confectionery and bakery industries, along with the growing popularity of ready-to-eat meals and convenience foods among the working population has elevated the growth of the market. The United States Department of Agriculture estimates that ready meals generated USD 172.6 million in sales in India in 2022. Countries like India and China have a large demand due to their vast population, and busy lifestyles.

Europe has a significant market for food coating ingredients owing to similar factors as in North America, as well as the increasing demand for organic and functional food ingredient ingredients.

The major players in the market include Cargill, ADM, DuPont, Ingredion, and Tate & Lyle. These companies are focusing on developing new products and expanding their geographic reach to maintain their competitive edge.

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

KEY PLAYERS

Some major key players in the Food Coating Ingredients Market are Cargill, Archer Daniels Midland Company, Associated British Foods PLC, Agrana Beteiligungs-Ag, DuPont, Ingredion Incorporated, Tate & Lyle PLC, Ashland Global Holdings Inc., Bunge Limited, Pioneer Food Group, Puratos, Avebe, and other key players.

Archer Daniels Midland Company-Company Financial Analysis

RECENT DEVELOPMENTS

In 2023, Corbion, a Spanish ingredient manufacturer, is expanding its Montmeló factory to include a sour candy powder production line.

In 2023 Avebe launched ElianeTM bind 12, a clean-label food coating based on potato starch that enables food manufacturers to create superior, crispy meat and fish crusts.

In 2023, Colorcon announced the release of a new Nutrafinish Dietary Supplement Coating to meet the needs of our nutritional market customers for tablet moisture protection without the usage of titanium dioxide.

In 2022, Puratos India introduced colored and flavored compound and compound filling in two varieties hard compound chocolate- Carat Cover Classic and fat-based filling- Carat Supercrem. According to the company, the solution is used to add flavor and color to final products without the hassle of acquiring ingredients.

Food Coating Ingredients Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 3.42 Billion
Market Size by 2030  US$ 5.49 Billion
CAGR   CAGR of 6.1 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Sugars and Syrups, Cocoa and Chocolates, Fats and Oils, Spices and Seasonings, Flours, Batter and Crumbs, and Other Types)
• By Form (Dry, Liquid)
• By Application (Bakery Products, Confectionery, Snacks, Dairy Products, Meat & Seafood, and Other Applications)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Cargill, Archer Daniels Midland Company, Associated British Foods PLC, Agrana Beteiligungs-Ag, DuPont, Ingredion Incorporated, Tate & Lyle PLC, Ashland Global Holdings Inc., Bunge Limited, Pioneer Food Group, Puratos, Avebe
Key Drivers • Increased demand of Confectioneries and bakery products
Market Restrain • High cost of ingredients in food coating
• Strict laws and regulations

 

Frequently Asked Questions

Ans: Food Coating Ingredients Market is anticipated to expand by 6.1 % from 2023 to 2030.

Ans: Drivers are increased Consumption of Confectioneries and bakery products

Ans: The North American is the dominating region of Food Coating Ingredients in 2022.

Ans: USD 5.49 billion is expected to grow by 2030.

Ans: Restrains are the high cost of ingredients in food coating and strict laws and regulations.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on Major Economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Food Coating Ingredients Market Segmentation, By Type
8.1 Sugars and Syrups
8.2 Cocoa and Chocolates
8.3 Fats and Oils
8.4 Spices and Seasonings
8.5 Flours
8.6 Batter and Crumbs
8.7 Other

9. Food Coating Ingredients Market Segmentation, By Form
9.1 Dry
9.2 Liquid

10. Food Coating Ingredients Market Segmentation, By Application
10.1 Bakery Products
10.2 Confectionery
10.3 Snacks
10.4 Dairy Products
10.5 Meat & Seafood
10.6 Other

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Food Coating Ingredients Market by Country
11.2. 2North America Food Coating Ingredients Market by Type
11.2.3 North America Food Coating Ingredients Market by Form
11.2.4 North America Food Coating Ingredients Market by Application
11.2.5 USA
11.2.5.1 USA Food Coating Ingredients Market by Type
11.2.5.2 USA Food Coating Ingredients Market by Form
11.2.5.3 USA Food Coating Ingredients Market by Application
11.2.6 Canada
11.2.6.1 Canada Food Coating Ingredients Market by Type
11.2.6.2 Canada Food Coating Ingredients Market by Form
11.2.6.3 Canada Food Coating Ingredients Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Food Coating Ingredients Market by Type
11.2.7.2 Mexico Food Coating Ingredients Market by Form
11.2.7.3 Mexico Food Coating Ingredients Market by Application
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Food Coating Ingredients Market by Country
11.3.1.2 Eastern Europe Food Coating Ingredients Market by Type
11.3.1.3 Eastern Europe Food Coating Ingredients Market by Form
11.3.1.4 Eastern Europe Food Coating Ingredients Market by Application
11.3.1.5 Poland
11.3.1.5.1 Poland Food Coating Ingredients Market by Type
11.3.1.5.2 Poland Food Coating Ingredients Market by Form
11.3.1.5.3 Poland Food Coating Ingredients Market by Application
11.3.1.6 Romania
11.3.1.6.1 Romania Food Coating Ingredients Market by Type
11.3.1.6.2 Romania Food Coating Ingredients Market by Form
11.3.1.6.4 Romania Food Coating Ingredients Market by Application
11.3.1.7 Turkey
11.3.1.7.1 Turkey Food Coating Ingredients Market by Type
11.3.1.7.2 Turkey Food Coating Ingredients Market by Form
11.3.1.7.3 Turkey Food Coating Ingredients Market by Application
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Food Coating Ingredients Market by Type
11.3.1.8.2 Rest of Eastern Europe Food Coating Ingredients Market by Form
11.3.1.8.3 Rest of Eastern Europe Food Coating Ingredients Market by Application
11.3.2 Western Europe
11.3.2.1 Western Europe Food Coating Ingredients Market by Type
11.3.2.2 Western Europe Food Coating Ingredients Market by Form
11.3.2.3 Western Europe Food Coating Ingredients Market by Application
11.3.2.4 Germany
11.3.2.4.1 Germany Food Coating Ingredients Market by Type
11.3.2.4.2 Germany Food Coating Ingredients Market by Form
11.3.2.4.3 Germany Food Coating Ingredients Market by Application
11.3.2.5 France
11.3.2.5.1 France Food Coating Ingredients Market by Type
11.3.2.5.2 France Food Coating Ingredients Market by Form
11.3.2.5.3 France Food Coating Ingredients Market by Application
11.3.2.6 UK
11.3.2.6.1 UK Food Coating Ingredients Market by Type
11.3.2.6.2 UK Food Coating Ingredients Market by Form
11.3.2.6.3 UK Food Coating Ingredients Market by Application
11.3.2.7 Italy
11.3.2.7.1 Italy Food Coating Ingredients Market by Type
11.3.2.7.2 Italy Food Coating Ingredients Market by Form
11.3.2.7.3 Italy Food Coating Ingredients Market by Application
11.3.2.8 Spain
11.3.2.8.1 Spain Food Coating Ingredients Market by Type
11.3.2.8.2 Spain Food Coating Ingredients Market by Form
11.3.2.8.3 Spain Food Coating Ingredients Market by Application
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Food Coating Ingredients Market by Type
11.3.2.9.2 Netherlands Food Coating Ingredients Market by Form
11.3.2.9.3 Netherlands Food Coating Ingredients Market by Application
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Food Coating Ingredients Market by Type
11.3.2.10.2 Switzerland Food Coating Ingredients Market by Form
11.3.2.10.3 Switzerland Food Coating Ingredients Market by Application
11.3.2.11.1 Austria
11.3.2.11.2 Austria Food Coating Ingredients Market by Type
11.3.2.11.3 Austria Food Coating Ingredients Market by Form
11.3.2.11.4 Austria Food Coating Ingredients Market by Application
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Food Coating Ingredients Market by Type
11.3.2.12.2 Rest of Western Europe Food Coating Ingredients Market by Form
11.3.2.12.3 Rest of Western Europe Food Coating Ingredients Market by Application
11.4 Asia-Pacific
11.4.1 Asia-Pacific Food Coating Ingredients Market by Country
11.4.2 Asia-Pacific Food Coating Ingredients Market by Type
11.4.3 Asia-Pacific Food Coating Ingredients Market by Form
11.4.4 Asia-Pacific Food Coating Ingredients Market by Application
11.4.5 China
11.4.5.1 China Food Coating Ingredients Market by Type
11.4.5.2 China Food Coating Ingredients Market by Application
11.4.5.3 China Food Coating Ingredients Market by Form
11.4.6 India
11.4.6.1 India Food Coating Ingredients Market by Type
11.4.6.2 India Food Coating Ingredients Market by Form
11.4.6.3 India Food Coating Ingredients Market by Application
11.4.7 Japan
11.4.7.1 Japan Food Coating Ingredients Market by Type
11.4.7.2 Japan Food Coating Ingredients Market by Form
11.4.7.3 Japan Food Coating Ingredients Market by Application
11.4.8 South Korea
11.4.8.1 South Korea Food Coating Ingredients Market by Type
11.4.8.2 South Korea Food Coating Ingredients Market by Form
11.4.8.3 South Korea Food Coating Ingredients Market by Application
11.4.9 Vietnam
11.4.9.1 Vietnam Food Coating Ingredients Market by Type
11.4.9.2 Vietnam Food Coating Ingredients Market by Form
11.4.9.3 Vietnam Food Coating Ingredients Market by Application
11.4.10 Singapore
11.4.10.1 Singapore Food Coating Ingredients Market by Type
11.4.10.2 Singapore Food Coating Ingredients Market by Form
11.4.10.3 Singapore Food Coating Ingredients Market by Application
11.4.11 Australia
11.4.11.1 Australia Food Coating Ingredients Market by Type
11.4.11.2 Australia Food Coating Ingredients Market by Form
11.4.11.3 Australia Food Coating Ingredients Market by Application
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Food Coating Ingredients Market by Type
11.4.12.2 Rest of Asia-Pacific Food Coating Ingredients Market by Form
11.4.12.3 Rest of Asia-Pacific Food Coating Ingredients Market by Application
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Food Coating Ingredients Market by Country
11.5.1.2 Middle East Food Coating Ingredients Market by Type
11.5.1.3 Middle East Food Coating Ingredients Market by Form
11.5.1.4 Middle East Food Coating Ingredients Market by Application
11.5.1.5 UAE
11.5.1.5.1 UAE Food Coating Ingredients Market by Type
11.5.1.5.2 UAE Food Coating Ingredients Market by Form
11.5.1.5.3 UAE Food Coating Ingredients Market by Application
11.5.1.6 Egypt
11.5.1.6.1 Egypt Food Coating Ingredients Market by Type
11.5.1.6.2 Egypt Food Coating Ingredients Market by Form
11.5.1.6.3 Egypt Food Coating Ingredients Market by Application
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Food Coating Ingredients Market by Type
11.5.1.7.2 Saudi Arabia Food Coating Ingredients Market by Form
11.5.1.7.3 Saudi Arabia Food Coating Ingredients Market by Application
11.5.1.8 Qatar
11.5.1.8.1 Qatar Food Coating Ingredients Market by Type
11.5.1.8.2 Qatar Food Coating Ingredients Market by Form
11.5.1.8.3 Qatar Food Coating Ingredients Market by Application
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Food Coating Ingredients Market by Type
11.5.1.9.2 Rest of Middle East Food Coating Ingredients Market by Form
11.5.1.9.3 Rest of Middle East Food Coating Ingredients Market by Application
11.5.2 Africa
11.5.2.1 Africa Food Coating Ingredients Market by Country
11.5.2.2 Africa Food Coating Ingredients Market by Type
11.5.2.3 Africa Food Coating Ingredients Market by Form
11.5.2.4 Africa Food Coating Ingredients Market by Application
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Food Coating Ingredients Market by Type
11.5.2.5.2 Nigeria Food Coating Ingredients Market by Form
11.5.2.5.3 Nigeria Food Coating Ingredients Market by Application
11.5.2.6 South Africa
11.5.2.6.1 South Africa Food Coating Ingredients Market by Type
11.5.2.6.2 South Africa Food Coating Ingredients Market by Form
11.5.2.6.3 South Africa Food Coating Ingredients Market by Application
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Food Coating Ingredients Market by Type
11.5.2.7.2 Rest of Africa Food Coating Ingredients Market by Form
11.5.2.7.3 Rest of Africa Food Coating Ingredients Market by Application
11.6 Latin America
11.6.1 Latin America Food Coating Ingredients Market by Country
11.6.2 Latin America Food Coating Ingredients Market by Type
11.6.3 Latin America Food Coating Ingredients Market by Form
11.6.4 Latin America Food Coating Ingredients Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Food Coating Ingredients Market by Type
11.6.5.2 Brazil Food Coating Ingredients Market by Form
11.6.5.3 Brazil Food Coating Ingredients Market by Application
11.6.6 Argentina
11.6.6.1 Argentina Food Coating Ingredients Market by Type
11.6.6.2 Argentina Food Coating Ingredients Market by Form
11.6.6.3 Argentina Food Coating Ingredients Market by Application
11.6.7 Colombia
11.6.7.1 Colombia Food Coating Ingredients Market by Type
11.6.7.2 Colombia Food Coating Ingredients Market by Form
11.6.7.3 Colombia Food Coating Ingredients Market by Application
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Food Coating Ingredients Market by Type
11.6.8.2 Rest of Latin America Food Coating Ingredients Market by Form
11.6.8.3 Rest of Latin America Food Coating Ingredients Market by Application

12. Company profile
12.1 Archer Daniels Midland Company
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Cargill
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Pioneer Food Group
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Agrana Beteiligungs-Ag
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Associated British Foods PLC
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 DuPont
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Ingredion Incorporated
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Avebe
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Puratos
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Bunge Limited
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Tate & Lyle PLC
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 Ashland Global Holdings Inc.
12.12.1 Company Overview
12.12.2 Financials
12.12.3 Product/Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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