The food coating equipment market is estimated at USD 5.7 billion in 2023 and is projected to reach USD 7.7 billion by 2028, at a CAGR of 6.3% from 2023 to 2028.
The food coating ingredients market is estimated at USD 3.6 billion in 2023 and is projected to reach USD 4.9 billion by 2028, at a CAGR of 6.2% from 2023 to 2028.
The food processing industry in the world is growing at a significant rate and is a key factor that is positively impacting the food coating ingredients in the world. Market expansion has been hampered by the rising demand for and consumption of processed food. The food's shelf life is extended due to food coatings. The fast-paced lifestyle of modern society has led to an increased demand for convenience foods. Coated food products, such as pre-breaded frozen chicken nuggets or fish sticks, provide a quick and easy meal solution for busy individuals.
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Cargill, Incorporated (US)
Cargill, Incorporated, a privately held US corporation, specialises in the manufacturing and distribution of different food components, bio-industrial goods, animal nutrition and health solutions, protein, and salt products, as well as agricultural supply chain services, financial services, and metals. Cargill's commercial operations are divided into two major segments: specialty food ingredients and applications and bulk ingredients. As part of its specialty food ingredients and applications portfolio, the firm provides a wide range of food coating ingredients.
Cargill's research and development centers are strategically placed throughout Europe and North America. With a global presence, the organization offers its services across Africa, Europe, Asia, Latin America, North America, and the Middle East. Cargill operates in 70 countries and has a 125-country distribution network.
Kerry Group plc (Ireland)
Kerry Group plc. is a prominent manufacturer and provider of food ingredients and flavors. The company specializes in producing and marketing food ingredients and flavors for the food, beverage, and pharmaceutical sectors. Kerry Group operates through two main business segments: Taste & Nutrition and Dairy Ireland. Under the Taste & Nutrition segment, the company offers a wide range of food coating products along with other food and nutrition-related ingredients such as emulsifiers and sweeteners.
With a strong emphasis on research and development, Kerry Group boasts a dedicated team of over 1,000 R&D scientists who work towards continuous innovation. The company supplies an extensive portfolio of more than 18,000 products to customers across 150 countries in Europe, the Middle East, and Africa (EMEA), the Americas, and Asia Pacific. Kerry Group operates 149 manufacturing facilities spread across 31 countries, ensuring a robust and efficient production network.
ADM (US)
ADM, which stands for Archer Daniels Midland Company, is involved in the production of food ingredients, animal feed and feed ingredients, biofuels, and natural alternatives to industrial chemicals. The company operates through three primary segments: agricultural services and oilseeds, carbohydrate solutions, and nutrition. Within its nutrition segment, ADM offers food emulsifiers and provides a diverse range of high-quality food coating products for various applications.
ADM has a global presence with processing and manufacturing facilities located across the United States and other parts of the world. It serves the baking industry with a wide selection of over 400 essential baking ingredients on a global scale. The company has a strong market presence in North America, South America, and Europe. Furthermore, ADM has established a robust distribution network that covers more than 170 countries, ensuring widespread availability of its products.
Ingredion (US)
Ingredion is a well-known ingredient supplier to the food and beverage, brewing, and pharmaceutical sectors. Sweeteners, starches, nutrition additives, and biomaterials are just a few of the items manufactured by the firm. These items are used in common consumer goods such as food & drinks, paper, and medications. Ingredion is divided into three business segments: food and beverage ingredients, animal nutrition, and others. The firm provides a wide range of food coating solutions within its food and beverage ingredients division.
Ingredion has a global reach, serving clients in over 120 countries and creating a significant presence in major regions such as North America, South America, Europe, Asia Pacific, and the Middle East and Africa.
Newly weds foods (US)
Newly Weds Foods specialises in the manufacture of food ingredients, with a particular emphasis on food coating components. Gluten-free panko coating systems, high-quality food coatings, and seasoning systems are among their product offerings, which are widely used in the food processing and restaurant industries. Additionally, the firm provides functional components that meet clean label regulations, such as rosemary extracts, potassium-based liquid phosphates, and alternative phosphate solutions. Furthermore, Newly Weds Foods sells consumer items such as English muffins and shredded and cubed stuffing crumbs.
Newly Weds Foods has a global presence with a vast network of 29 manufacturing and distribution locations across the world. The corporation works in 68 countries and places a high value on research and innovation.
Related Reports:
Food Coating Market by Ingredient Type (Batter, Flours), Application (Bakery, Snacks), Equipment Type (Coaters and Applicators, Enrobers), Form (Dry, Liquid), Mode of Operation (Automatic, Semiautomatic) and Region - Global Forecast to 2028
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