The Middle East and Africa Food Coating Ingredients Market has been estimated at USD 0.26 Billion in 2021 and is projected to reach USD 0.35 Billion by 2026, at a CAGR of 6.07% during the forecast period from 2021 to 2026.
Food Coatings are applied to various food products to enhance or change their texture, taste, or nutritional profile. According to the nature of the substrate as well as the food coating ingredient, the process of coating can differ. The food coating ingredients market is directly influenced by the growing processed food industry.
The market for Food Coating Ingredients in this region is mainly driven due to factors like growing demand for bakery products, and introduction of gluten free and sugar free range of bakery and confectionery products, which contains food coatings. But, the market growth can be hampered due to growing attention paid to the safety of processed food which is accountable for the regulatory guidelines by food administration department.
Middle-East and Africa market for Food Coating Ingredients is segmented based on type and application. By type, the market is further sub-segmented into Cocoa, Chocolate, Fats & Oil, Salt, Spices, Flour & Batter, Starch, Hydrocolloid, Sugar & Syrups. By application, the market is further sub-segmented into Bakery, Confectionery, Cereal, Dairy, Snacks, Fruits & Vegetables, and Meat. Sugar & syrups is projected to experience the highest growth, and cocoa & chocolate is contributing to second largest share. The growth can be attributed to rising demand for bakery and confectionery products.
Geographically the Middle East and Africa Food Coating Ingredients Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. MEA regions are estimated to achieve highest gains in the near future, with highly progressing CAGR. The global processed food industry companies are highly penetrating in the untapped region of MEA, as they find a great potential for profits. This factor is creating a wide range of opportunities and is as well increasing the demand for food coating ingredients.
Key Players in the Market:
Major Key Players in the MEA Food Coating Ingredients are
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