The global food coating agents market size is slated to expand substantially as the pace of urbanization across the globe gathers momentum. World economy is developing at a healthy rate and the growing intensity of urbanization is representative of that fact. The Department of Economic and Social Affairs (DESA) under the United Nations states that currently 55% of the global population lives in urban areas. By 2050, this figure is expected to shoot up to 68%, the DESA predicts. More importantly, majority of this shift will be witnessed in the developing nations of Asia and Africa. Urban areas are typically characterized by hectic lifestyles, pollution, and congestion. Cooking food at home after office becomes tiresome. As a result, the working populace in large cities is increasingly demanding and consuming processed and packaged foodstuffs, which is further fueled by the ease of ordering food online. Therefore, maintaining the quality and nutrition of food has become a top priority, a requirement that food coating agents can effectively fulfill.
Through its recent report, titled “Food Coating Agents Market Size, Share & Industry Analysis, By Type (Sugar Coatings, Chocolate Coatings, Oil-Based Coatings, Cereals Based Coatings, Others), By Application (Confectionery Products, Bakery Products, Ready-to-Eat/ Ready-to-Cook Products, Others) and Regional Forecast, 2022-2029”, Fortune Business Insights™ shares the following information:
· Thorough analysis of the market drivers and restraints;
· Meticulous research into the different market segments;
· Detailed study of the regional landscape and competitive dynamics of the market; and
· Comprehensive overview of the future prospects and opportunities in the market.
· Market Restraint
Hidden Health-related Disadvantages to Slow Down Growth
One of the leading food coating agents market trends is the efficacy of these substances in retaining the texture, quality, and flavour of the packaged food item. However, the rise of this trend is likely to get stymied owing to the unseen cons of processed food products. For example, processed foods are loaded with high fructose corn syrup which is used to enhance the sweetness of a food item. The National Institutes of Health reports that excessive consumption of such artificial sugars can adversely affect the metabolic system. Since these foods contain empty calories, burning them through exercise is crucial. However, the hectic and sedentary lifestyles in urban areas leaves little time for exercise, making the body a breeding ground chronic diseases. Moreover, food coating agents are basically synthetic chemicals and processed foods are covered in plastic most of the times. The deadly combination of the two substances can create lifelong problems in the human body. Therefore, as awareness regarding these drawbacks becomes more widespread, the food coating agents market growth may get hampered in the coming decade.
Key Players Profiled in the Food Coating Agents Market Report:
· FCI Ltd (Thailand)
· DuPont de Nemours, Inc. (U.S.)
· Newly Weds Foods (U.S.)
· PGP International Inc. (U.S.)
· Döhler Group (Germany)
· Ingredion Incorporated (U.S)
· Bowman Ingredients (U.K.)
· ABS Food Ingredients
· Kerry Group (Ireland)
· Cargill, Incorporated (U.S.)
Browse Summary
https://www.fortunebusinessinsights.com/industry-reports/food-coating-agents-market-101924
