(Entertainment-NewsWire.com, June 13, 2017 ) The Europe Food Coating Ingredients market has been estimated at USD 0.80 Billion in 2016 and is projected to reach USD 1.03 Billion by 2021, at a CAGR of 5.3% during the forecast period from 2016 to 2021. Food coating ingredients can be liquid or solid, depending upon the particular application, and are used to achieve various purposes. They are applied to enhance or change the food product’s texture, taste, or nutritional profile. The three main steps in the process of applying food coating ingredients are application, adhesion/coalescence, and stabilization.
The market for Food Coating Ingredients in Europe is mainly driven due to factors like growing demand for bakery products, and introduction of gluten free and sugar free range of bakery and confectionery products, which contains food coatings. But, the market growth can be hampered due to growing attention paid to the safety of processed food which is accountable for the regulatory guidelines by food administration department.
Europe market for Food Coating Ingredients is segmented based on type and application. By type, the market is further sub-segmented into Cocoa, Chocolate, Fats & Oil, Salt, Spices, Flour & Batter, Starch, Hydrocolloid, Sugar & Syrups. By application, the market is further sub-segmented into Bakery, Confectionery, Cereal, Dairy, Snacks, Fruits & Vegetables, and Meat. Sugar & syrups is projected to experience the highest growth, and cocoa & chocolate is contributing to second largest share. The growth can be attributed to rising demand for bakery and confectionery products.
Geographically, Europe market for Food Coating Ingredients is segmented into Germany, U.K., Spain, France and Italy. Europe is the second largest market for food coating ingredients in terms of market share, in the global market. European market is a little stagnant due to which the companies are involving more in R&D, which will help them in coming up with innovative products that attract consumers.
Cargill Incorporated, Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Kerry Group plc, Ashland Inc., Tate & Lyle PLC, AGRANA Group, PGP International, Inc., DohlerGroup, and SensoryEffects Ingredient Solutions are the major players of Europe Food Coating Ingredients market.
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