Global Food Coating Market Size, Share, and COVID-19 Impact Analysis, By Equipment Type (Coaters & Applicators and Enrobers), By Application (Poultry Products, Confectionery Products, and Bakery Products), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Industry: Food & Beverages

RELEASE DATE Dec 2024
REPORT ID SI7634
PAGES 232
REPORT FORMAT PathSoft

Global Food Coating Market Insights Forecasts to 2033

  • The Global Food Coating Market Size was Valued at USD 3.50 Billion in 2023
  • The Market Size is Growing at a CAGR of 6.50% from 2023 to 2033
  • The Worldwide Food Coating Size is Expected to Reach USD 6.57 Billion by 2033
  • Asia-Pacific is Expected to Grow the fastest during the forecast period.

Global Food Coating Market Size

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The Global Food Coating Market Size is Anticipated to exceed USD 6.57 Billion by 2033, Growing at a CAGR of 6.50% from 2023 to 2033

 

Market Overview:

Food coating is the method of putting a layer of different materials into food products to improve their taste, texture, and appearance. These coatings are applied to a variety of meals, including meat and poultry, seafood, vegetables, snacks, and bakery products. The increasing need for food coating products as a result of increased confectionery consumption is expected to fuel growth in the worldwide food coating market over the forecast period. The use of innovative machinery, such as enrobers as coating equipment in bakery items, is also predicted to boost worldwide food coating market growth. The food coating industry is driven by rising demand for processed foods such as meat, bread, and confectionery products. Furthermore, the rising demand for health and convenience meals, together with increased focus on manufacturing efficiency and food product quality, drive market expansion.

 

Report Coverage:

This research report categorizes the market for the global food coating market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global food coating market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global food coating market.

 

Global Food Coating Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 3.50 Billion
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :6.50%
2033 Value Projection:USD 6.57 Billion
Historical Data for:2019-2022
No. of Pages:232
Tables, Charts & Figures:112
Segments covered:By Equipment Type, By Application, By Region and COVID-19 Impact Analysis.
Companies covered::Tate & Lyle PLC, PGP International, Newly Weds Foods, Bowmen Ingredients, Marel, GEA Group, Buhler AG, Dohler GmbH, SensoryEffects, DPS/Dutch Protein & Services B.V., McCormick & Company, Inc, Continental Mills, Inc, TNA Australia Pty Limited, Dumoulin, and other key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenge, Future, Growth, & Analysis

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Driving Factors:

Increased consumer interest in healthy eating is expected to boost demand for nutritious and anti-microbial food coating ingredients, hence contributing to the growth of the worldwide food coating market. Increased product launches by key market players, together with rising demand for convenience and processed foods, are expected to drive market expansion in the coming years.

 

Restraining Factors:

Increasing production costs as a result of shifting food coating ingredient prices, as well as a shift in customer preference for fresh food products, impede market growth.

 

Market Segmentation:

The global food coating market share is classified into equipment type and application.

  • The coaters & applicators are projected to hold the largest share of the market during the forecast period.

Based on the equipment type, the global food coating market is categorized into coaters & applicators and enrobers. Among these, the coaters & applicators are projected to hold the largest share of the market during the forecast period. It is done to enhance flavor, enjoyment, or protection. Food coating equipment has evolved to accommodate a wide range of coating chemicals and a wide range of food products, from fragile to frozen. Because of the great demand for bakery, dairy, and meat products, developed countries are the largest marketplaces. Apart from these applications, a coating can be used to increase the shelf life of perishable foods like apples.

 

  • The confectionery products segment is expected to hold the biggest share of the market over the forecast period.

Based on the application, the global food coating market is categorized into poultry products, confectionery products, and bakery products. Among these, the confectionery products segment is expected to hold the biggest share of the market over the forecast period. This is due to the worldwide preference for chocolates, candies, and other sweets. These items are coated to improve texture, flavor, and shelf life. Coatings elements used in confectionery products, ranging from sweet glazes to chocolate layers, provide an enticing visual allure and a distinct flavor experience, making confectionery foods alluring to many consumers.

 

Regional Segment Analysis of the Global Food Coating Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is projected to hold the largest share of the global food coating market over the forecast period.

Global Food Coating Market Size

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North America is expected to dominate the worldwide food coating market during the forecast period, owing to the region's high consumption of salty snacks (which require dry coating) and increasing consumption of frozen food products in countries such as the United States and Canada. The presence of modern food coating equipment and coating technologies is projected to significantly boost the growth of North America's food coating industry in the coming years.

 

Asia-Pacific region is also expected to fastest CAGR growth during the forecast period. The steady growth of Asia-Pacific's food processing industry reinforces food coatings' dominance, as companies engage in novel technologies to suit customer needs. The region benefits from significant technological advances in food coatings, with continual improvements that appeal to the tastes of health-conscious consumers while also improving the overall quality of food products.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global food coating market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies:

  • Tate & Lyle PLC
  • PGP International
  • Newly Weds Foods
  • Bowmen Ingredients
  • Marel
  • GEA Group
  • Buhler AG
  • Dohler GmbH
  • SensoryEffects
  • DPS/Dutch Protein & Services B.V.
  • McCormick & Company, Inc
  • Continental Mills, Inc
  • TNA Australia Pty Limited
  • Dumoulin
  • Others

 

Key Market Developments:

  • In November 2024, UPM Specialty Papers and Eastman collaborated to develop a unique biopolymer-coated paper packaging solution for food applications that require grease and oxygen barriers.

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)  

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global food coating market based on the below-mentioned segments: 

 

Global Food Coating Market, By Equipment Type

  • Coaters & Applicators
  • Enrobers

 

Global Food Coating Market, By Application

  • Poultry Products
  • Confectionery Products
  • Bakery Products

 

Global Food Coating Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global food coating market over the forecast period?
    The Global Food Coating Market Size is Expected to Grow from USD 3.50 Billion in 2023 to USD 6.57 Billion by 2033, at a CAGR of 6.50 % during the forecast period 2023-2033.
  • 2. Which region is expected to hold the highest share in the global food coating market?
    North America is projected to hold the largest share of the global food coating market over the forecast period.
  • 3. Who are the top key players in the food coating market?
    Tate & Lyle PLC, PGP International, Newly Weds Foods, Bowmen Ingredients, Marel, GEA Group, Buhler AG, Dohler GmbH, SensoryEffects, DPS/Dutch Protein & Services B.V., McCormick & Company, Inc, Continental Mills, Inc, TNA Australia Pty Limited, Dumoulin, and Others.

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