The food coating ingredients market is anticipated to reach USD4.9bn by 2028, at a CAGR of 6.2% from 2023 to 2028, from an estimated USD3.6bn in 2023.
According to a MarketsandMarkets analysis, the market for food coating equipment is expected to be worth USD5.7bn in 2023 and USD7.7bn by 2028, growing at a CAGR of 6.3% during those two years.
Food coating is the practice of covering or breading food products in order to improve its texture, flavor, appearance, and preservation. The market for food coating is driven by a number of factors, such as the rising demand for processed and convenience foods, customer preferences for crunchy and crispy food textures, and the requirement for packaged foods to have a longer shelf life. There has been an increase in demand for convenience food items such frozen and ready-to-eat meals. The market is expanding because food coatings are used to improve the flavor and texture of these items. Due to established equipment manufacturers and the organized food sector, the market for food coating equipment is continually expanding in North America and Europe.
Cereal, protein bars, dried fruits, and nuts are just a few goods that incorporate chocolate and cocoa as key ingredients. These ingredients are regularly used to give baked goods and confectionary items a delicious chocolate flavor. The three primary methods for coating things like caramel or almonds with chocolate are enrobing, panning, and dipping. During the enrobing procedure, the centers that will be covered in chocolate are moved by a machine. During the panning process, chocolate is sprayed onto rotating centers that are placed on pans. After cooling, chilled air solidifies the chocolate. After being dipped in molten chocolate, the centers are cooled.
In terms of value, the liquid in by ingredient form category held the biggest market share for food coatings in 2023.
Materials for liquid coatings include batter, sugar, syrups, cocoa, chocolate, fats, and oils. Granola bars, flavored spreads, ice cream coatings, bread products, and confections like candy bars are all made with liquid coatings. These fat-based coatings are put on solid food items such nuts, cakes, doughnuts, cookies, sugar wafers, ice cream bars, and fruit pieces after being melted. Liquid coatings are used by manufacturers to enhance the flavor and texture of many food products, giving the finished product an additional layer of flavor and appeal.
In North America, the market for food coating ingredients is expanding significantly, largely due to the region’s booming food processing sector. Additionally, a greater emphasis is placed on consuming healthy items like low-sugar morning cereals as a result of the developing health issues in the area, such as obesity and heart conditions. Food coating ingredient producers have responded to this demand by releasing goods with lower sugar content and formulas devoid of allergens. The North American food coating ingredient sector has seen a major rise as a result of these causes.
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