North America Food Coating Ingredients Market - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4387130
  • Report
  • Region: North America, United States
  • 97 pages
  • Mordor Intelligence
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The global food coatings ingredient market is estimated to grow from USD 2.6 billion in 2015 to USD 3.6 billion by 2020 at a CAGR of XX%. The North American market accounts for the largest share of the global market for food coating ingredients.

North America Food Coating Ingredients Market

Since globalization of food has led to import and export of food articles across borders, it has become imperative to increase shelf life, maintain the quality of food and provide a similar rich taste experience at par with that of locally produced food. Coating of food commodities helps to address this growing need. The huge fast food industry in North America demands a large number of coated food ingredients.

Growing urbanization, hectic and sedentary lifestyles are prompting consumers to opt for healthier alternatives to regular food. Food items are being coated with vitamins and nutrients to enhance the nutritional profile. Varied food regulations across the globe and stringent laws governing the food items pose a challenge for the market.

North America Food Coating Ingredients Market Segmentation

The food coating ingredient market encompasses ingredients such as fats and oil, cocoa and chocolates, spices, flours, starches, syrups and sugar, salts, hydrocolloids, and others. The largest application is witnessed across bakery and confectionery industry followed by RTE cereals, dairy, savory snacks, frozen food, meat and poultry.

North America is the largest market for food coating ingredients. The region is characterized by high-income population, hectic lifestyles, huge demand for convenience foods and ready to eat products. The USA is the largest market here followed by Canada.

Key Players in the North American Food Coating Ingredients Market

Major companies in the food coating ingredient market are Archer Daniels Midland Company (ADM), Bowman Ingredients, Agrana Beteiligungs-AG, Balchem Corporation, Ashland Inc., Cargill, Incorporated, Dohlergroup, DU Pont DE Nemours and Company, Ingredion Incorporated, Kerry Group PLC, PGP International, Inc., Sensory Effects Ingredient Solutions and Tate & Lyle PLC.
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1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Key Findings
4. Market Overview & Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 High Demand from Fast Food Industry
4.2.2 Rise in Demand of Health Foods
4.2.3 Growing Demand for Increased Shelf Life of Food Commodities
4.2.4 Demand for Convenience and Ready to Eat Products
4.3 Opportunities
4.3.1 Growing Cut Fruits and Vegetables Market
4.4 Restraints
4.4.1 Stringent Food Regulations
4.5 Porter Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products and Services
4.5.5 Degree of Competition
5. Market Segmentation
5.1 By Type
5.1.1 Cocoa and Chocolates
5.1.2 Fats and Oils
5.1.3 Spices and Seasonings
5.1.4 Flours
5.1.5 Batter and Crumbs
5.1.6 Starches
5.1.7 Hydrocolloids
5.1.8 Sugars and Syrups
5.1.9 Others
5.2 By Application
5.2.1 Bakery
5.2.2 Confectionery
5.2.3 RTE Cereals
5.2.4 Snack and Nutrition Bar
5.2.5 Dairy
5.2.6 Frozen Foods
5.2.7 Others
5.3 By Geography
5.3.1 North America
5.3.1.1 U.S.
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Others
6. Competitive Landscape
6.1 Major Strategies Preferred by Key Players
6.2 Most Active Companies in the Past Five Years
6.3 Market Share Analysis
7. Company Profiles
7.1 Archer Daniels Midland Company (ADM)
7.2 Bowman Ingredients
7.3 Agrana Beteiligungs-AG
7.4 Balchem Corporation
7.5 Ashland Inc.
7.6 Cargill, Incorporated
7.7 Dohlergroup
7.8 DU Pont DE Nemours and Company
7.9 Ingredion Incorporated
7.10 Kerry Group PLC
7.11 PGP International, Inc.
7.12 Sensoryeffects Ingredient Solutions
7.13 Tate & Lyle PLC
8. Appendix
8.1 Disclaimer
8.2 Source
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