Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type [Breader (Flours and Starches, Breadcrumbs, Corn Crumbs, Rice Crumbs, Others), Batter, Marinades, Predusts, and Others], Category (Gluten-free and Conventional), and Application (Nuggets, Burger Patties, Meatballs, Fillets, and Others)
No. of Pages:
217
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Report Code:
BMIRE00029372
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Category:
Food and Beverages
The Europe meat coating ingredients market size was valued at US$ 442.03 million in 2022 to US$ 715.84 million by 2030. The market is expected to record a CAGR of 6.2% from 2022 to 2030.
Meat coating ingredients are used to enhance the taste, texture, appearance, and shelf life of various meat products. The coating is in the form of ingredients such as batters, predusts, breader, marinades. These ingredients add flavor and crispiness to the end products. Processed meat products such as burger patties, and nuggets allow consumers to save time and effort associated with ingredient shopping, consumption, meal preparation and cooking, and post-meal activities. Convenience and taste are among the major desired attributes among consumers across Europe while buying food. According to the Food and Health Survey of the "International Food Information Council" (IFIC), millennials consider convenience while purchasing food, whereas taste is essential for boomers. Thus, manufacturers are using meat coating ingredients to enhance the taste and overall appearance of processed meat products.
Additionally, supermarket delivery services in Europe such as Amazon Fresh and Instacart, and meal kit delivery companies such as The Telegraph and Gousto have benefited from the preference for quality and convenience food products. Moreover, they find RTE processed meat products handling easy owing to the existence of evolved cold supply chains. Such factors boost the demand for processed meat products across the region. Thus, the rising demand for processed meat products such as snacks and ready-to-eat meals to save time and effort drives the meat coating ingredients market growth in Europe.
Upsurging consumption of healthy food products to prevent health disorders such as heart disease, chronic pulmonary disease, obesity, diabetes, and metabolic syndrome is expected to boost the demand for gluten-free ingredients such as corn starch. Many people try new diets such as paleo or keto diets. Also, individuals adopt a gluten-free diet due to their existing medical conditions. In addition, some people prefer a gluten-free lifestyle to keep themselves healthy. Thus, manufacturers would expand their product portfolio by launching gluten-free meat coating ingredients to fulfill the rising demand for gluten-free products. Thus, the increasing preference for gluten-free ingredients is expected to fuel the Europe meat coating ingredients market during the forecast period.
Based on application, the feed premix market is segmented into nuggets, burger patties, meatballs, fillets, and others. The nuggets segment is expected to grow at a highest CAGR. Nuggets are primarily coated with breadcrumbs or tempura containing protein and starch. Whether opting for traditional dry breadcrumbs or the coarser texture of panko-style crumbs, their capacity to adhere uniformly to the nuggets and undergo a desirable crisp transformation during the cooking process is fundamental to elevating the overall sensory experience. Interaction between both can affect the level of adhesion of the nugget system. The coating is commonly used in deep frying products due to its increasing appearance and texture. Additionally, its behavior as a barrier limits the loss of moisture. Furthermore, the batter of the nugget was a combination of meat, flour or starch, and seasoning forms. The batter formulation affects the nugget quality. Wheat flour is an original flour used as filler in the batter. These factors propel the segment's growth.
Geographically, the Europe meat coating ingredients market is segmented into various countries including Germany, France, UK, Italy, Spain, France, Netherlands, Poland, Denmark, Sweden, Norway, Finland, and rest of Europe. The meat coting ingredients market in Europe is significantly growing. In the region, Urban populations tend to have busier lifestyles and less time to cook, so they are more likely to purchase convenient, ready-to-cook foods that are packaged for easy carry and storage. Consumers' busy lifestyles and the desire for convenient food options have fuelled the popularity of processed meat products. These items often undergo various processing steps to enhance flavor, textile, and shelf life. As a result, meat coating ingredients play a crucial role in maintaining the quality and appeal of these processed meats. To meet consumer expectations, manufacturers invest in innovative meat coating solutions. These ingredients serve functional purposes, such as improving crispiness or juiciness, and contribute to the overall sensory experience. These factors expected to drive the market growth in the region.
Newly Weds Foods Inc, Ingredion Inc, PGP International Inc, Loryma GmbH, Hiltfields Ltd, Griffith Foods Inc, Advanced Food Systems Inc, Ulmer Nahrungsmittel GmbH, Bowman Ingredients Ltd, Kerry Group Plc are among the key players operating in the Europe meat coating ingredients market.
The overall Europe meat coating ingredients market size has been derived using primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs; business development managers; market intelligence managers; national sales managers; and external consultants, including valuation experts, research analysts, and key opinion leaders, specializing in the meat coating ingredients market.
Europe Meat Coating Ingredients Strategic Insights
Strategic insights for the Europe Meat Coating Ingredients provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Europe Meat Coating Ingredients Report Scope
Report Attribute
Details
Market size in 2022
US$ 442.03 Million
Market Size by 2030
US$ 715.84 Million
Global CAGR (2022 - 2030)
6.2%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
Breader
Batter
Marinades
Predusts
By Category
Gluten-free and Conventional
By Application
Nuggets
Burger Patties
Meatballs
Fillets
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
Newly Weds Foods Inc
Ingredion Inc
PGP International Inc
Loryma GmbH
Hiltfields Ltd
Griffith Foods Inc
Advanced Food Systems Inc
Ulmer Nahrungsmittel GmbH
Bowman Ingredients Ltd
Kerry Group Plc
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Europe Meat Coating Ingredients Regional Insights
The geographic scope of the Europe Meat Coating Ingredients refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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The List of Companies - Europe Meat Coating Ingredients Market
The List of Companies - Europe Meat Coating Ingredients Market
- Newly Weds Foods Inc??? ??
- Ingredion Inc????? ??
- PGP International Inc???? ??
- Loryma GmbH???? ??
- Hiltfields Ltd??????? ??
- Griffith Foods Inc ??
- Advanced Food Systems Inc????? ??
- Ulmer Nahrungsmittel GmbH???? ??
- Bowman Ingredients Ltd ??
- Kerry Group Plc
Frequently Asked Questions
How big is the Europe Meat Coating Ingredients Market?
The Europe Meat Coating Ingredients Market is valued at US$ 442.03 Million in 2022, it is projected to reach US$ 715.84 Million by 2030.
What is the CAGR for Europe Meat Coating Ingredients Market by (2022 - 2030)?
As per our report Europe Meat Coating Ingredients Market, the market size is valued at US$ 442.03 Million in 2022, projecting it to reach US$ 715.84 Million by 2030. This translates to a CAGR of approximately 6.2% during the forecast period.
What segments are covered in this report?
The Europe Meat Coating Ingredients Market report typically cover these key segments-
What is the historic period, base year, and forecast period taken for Europe Meat Coating Ingredients Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Meat Coating Ingredients Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Europe Meat Coating Ingredients Market?
The Europe Meat Coating Ingredients Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Newly Weds Foods Inc
Ingredion Inc
PGP International Inc
Loryma GmbH
Hiltfields Ltd
Griffith Foods Inc
Advanced Food Systems Inc
Ulmer Nahrungsmittel GmbH
Bowman Ingredients Ltd
Kerry Group Plc
Who should buy this report?
The Europe Meat Coating Ingredients Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Meat Coating Ingredients Market value chain can benefit from the information contained in a comprehensive market report.
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WHAT'S INCLUDED IN FULL REPORT : Market Dynamics,
Competitive Analysis and Assessment, Define Business Strategies, Market Outlook and
Trends, Market Size and Share Analysis, Growth Driving Factors, Future Commercial
Potential, Identify Regional Growth Engines