'Global Cereal Coatings Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Cereal Coatings market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Cereal Coatings market research report. The research and analysis carried out in this Cereal Coatings report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Cereal Coatings report.
Market Analysis and Insights: Global Cereal Coatings Market
Data Bridge Market Research analyses that the global cereal coatings market will project a CAGR of 8.00% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, surging popularity of low saturated fat levels in confectionery coatings, rising consumer consciousness towards high quality nutritional food products, growing availability of different flavours of coatings and cereals and increasing personal disposable income by the major companies are the major factors attributable to the growth of cereal coatings market. Therefore, the market value, which was USD 1.2 billion in 2020, will rocket up to USD 2.22 billion by 2028.
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From the name itself, it is clear that cereal coatings are the layers of a particular substance that are coated over the cereal flakes. These layers can be sweet or savour in nature. The major aim behind the application of cereal coatings is to provide a flavour to the cereal. Further, cereal coatings help to improve the shelf life of the product.
Rising levels of demand for sweetening and colouring agents and surge in the awareness about the benefits of a healthy breakfast are the major factors fostering the growth of the market. Changing lifestyle, growth and expansion of food coating industry especially in the developing economies and rising consumer preference for food products having enhanced shelf life are other important factors acting as market growth determinants. Rising expenditure to undertake research and development proficiencies, increasing availability of a wide variety of cereals, growing prevalence of ready-to-eat cereals globally, growing health care awareness, increasing working population and spurt in the expenditure to undertake marketing campaigns will further induce growth in the market value.
Top Key players in Global Cereal Coatings Market Report: e ADM, Cargill, Incorporated, Tate & Lyle, Kerry Group, DuPont, Bowman Ingredients, Ashland, Ingredion., PGP International, Döhler, Newly Weds Food, General Mills Inc., BENEO, Silvery Tweed Cereals, AGRANA Beteiligungs-AG, ABS Food Ingredients, Roquette Frères, BASF SE, Bayer AG and Clariant
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Market Segmentation:
The cereal coatings market is segmented on the basis of form, type and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the global cereal coatings market is segmented into liquid and powder.
- On the basis of type, the cereal coatings market is segmented into sweet coating, savoury coating, chocolate coating, fruit-flavoured coating and others.
- On the basis of distribution channel, the cereal coatings market is segmented into indirect/ business-to-business (B2B) sales channel and direct/ business-to-consumer (B2C) sales channel. Direct/ business-to-consumer (B2C) sales channel segment is sub-segmented into online retail, specialty stores, wholesalers and other retail formats.
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Cereal Coatings Market Regional Analysis/Insights
The cereal coatings market is analyses and market size, volume information is provided by country, form, type and distribution channel as referenced above.
The countries covered in the cereal coatings market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America and Europe dominate the cereal coatings market and will continue to during the forecast period owing to the increased consumption of cereals and ready-to-eat breakfast items. Asia-Pacific is set to undergo substantial gains and will score the highest CAGR for this period owing to the growth and expansion of food and beverages industry, rising healthcare awareness and growth in the enhancements in the retailing structure.
The country section of the cereal coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Key questions answered in the report:
- What will the market development pace of the Cereal Coatings market?
- What are the key factors driving the Global Cereal Coatings market?
- Who are the key manufacturers in the market space?
- What are the market openings, market hazard and market outline of the market?
- What are sales, revenue, and price analysis of top manufacturers of Cereal Coatings market?
- Who are the distributors, traders, and dealers of Cereal Coatings market?
- What are the Cereal Coatings market opportunities and threats faced by the vendors in the Global Cereal Coatings industries?
- What are deals, income, and value examination by types and utilizations of the market?
- What are deals, income, and value examination by areas of enterprises?
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