Food Coating Ingredients Market worth $3.7 Billion by 2019 , Says the New Study on ASDReports

Friday 12 December 2014, Amsterdam

The report now available on ASDReports, defines and segments the food coating ingredients market with analyses and projections of the market size in terms of value. It also identifies the driving and restraining factors of the market with analyses of trends, opportunities, restraints, challenges, and burning issues. The size of the market in key geographical regions such as North America, Europe, Latin America, Asia-Pacific, and Rest of the World (RoW) has been estimated and projected.

The food coating ingredients market is driven by the rise in consumption of processed food products in developed and developing countries. Investments & expansions formed the most preferred strategy among the key players to attract and retain new customers, globally. They also focused on acquiring local players of emerging markets to expand their business on a global scale and sustain the competition prevailing in the market. New product launches also helped key players in strengthening their product portfolio.

The market for food coating ingredients is projected to grow at a CAGR of 5.9% from 2014 to 2019. In 2013, the North American region was the market for largest food coating ingredients, wherein the U.S. dominated.

The report includes development strategies and product portfolio of the leading companies such as Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Kerry Group plc (Ireland), Ashland Inc. (U.S.), Tate & Lyle PLC (U.K.), AGRANA Group (Austria), PGP International, Inc. (U.S.), DohlerGroup (Germany), and SensoryEffects Ingredient Solutions (U.S.)