Global Snack and Nut Coatings Market Overview:
Snack and nut coatings are increase crispness, texture, flavors, shelf life and also give a neater appearance structure. The coatings on snack and nuts help in fat absorption and increased heat retention, the coatings offer various applications areas including bakery snacks, dairy-based snacks, coated nuts, etc. Advancements in food processing technology, easy availability of various food ingredients and rising demand for a premium snack and nut segments from developing economies have boosted demand for snack and nut coatings market.
- Growing Health Awareness about Consumption of Light Meals
- Easy Availability of Raw Ingredients
- Emerging Demand for Premium Snacks and Nuts Across the World
- Growing Use of Snack and Nut Coatings for Flavoring, Increasing Shelf Life and Decorating Purposes According to Regional Preferences
- Safety Risks Involved with the Handling of Snack and Nut Coating Machines for Production
- Regulatory Compliance Regarding Snack and Nut Coating Market
- Technological Advancement in the Machines for Production of Snack and Nut Coatings will Boost the Market
- Surging Demand for Mini Meals and Snacks from Developing Economies
- Intense Competition Due to the New Entrants in the Snack and Nut Coating Market
The snack and nut coatings market is fragmented due to the presence of several snack and nut coatings manufacturers. The level of competition among the players is intense and they are focusing on developing new products and flavors according to the regional tastes and preferences. The companies are seeking ways to produce a quality product, with new continuous innovation in tastes and flavors to sustain in this competitive market.
Some of the key players profiled in the report are Archer Daniels Midland Company (United States), Bowman Ingredients Ltd. (United Kingdom), Cargill (United States), Döhler (Germany), Emsland Group (Germany), Ingredion Incorporated (United States), Kerry Inc. (Ireland), TH Foods, Inc. (United States), ABF Ingredients Group (United States), Tate & Lyle (United Kingdom), AC Horn Manufacturing (United States) and Carpo (Greece). Additionally, following companies can also be profiled that are part of our coverage like Royal Avebe U.A. (Netherlands) and Kanegrade Ltd. (United Kingdom). Considering Market by Ingredient, the sub-segment i.e. Cocoa and Chocolate Ingredients will boost the Snack and Nut Coatings market. Considering Market by Form, the sub-segment i.e. Liquid Coating will boost the Snack and Nut Coatings market. Considering Market by Distribution Channels, the sub-segment i.e. Online Stores will boost the Snack and Nut Coatings market.
According to the U.S. Department of Agriculture (USDA), "the dried cherries, blueberries, plums, strawberries, and cranberries must be sprayed lightly with sunflower oil or other vegetable oil not greater than 1 percent to prevent clumping. All oils including roasting and coating oils used in processing shall be refined oil. No coconut, palm, or palm kernel oil will be used in the roasting process. The oil must be thoroughly refined, deodorized, and free from rancidity and objectionable flavors. In addition, roasting oils must be stabilized with suitable antioxidants."
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Snack and Nut Coatings market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Snack and Nut Coatings market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Snack and Nut Coatings Manufacturers, Snack and Nut Coatings International traders, Snack and Nut Coatings Distributors and Suppliers, Research and Development Institutes, Regulatory Bodies, Potential Investors, Upstream and Downstream Buyers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.