About Snack and Nut Coatings
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Royal Avebe U.A. (Netherlands) and Kanegrade Ltd. (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Snack and Nut Coatings market by , Application (Fruits and Vegetables, Bakery Snacks, Dairy-based Snacks, Chips & Crisps, Edible Nuts and Seeds and Meat-Based Snacks) and Region.
On the basis of geography, the market of Snack and Nut Coatings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Ingredient, the sub-segment i.e. Cocoa and Chocolate Ingredients will boost the Snack and Nut Coatings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Liquid Coating will boost the Snack and Nut Coatings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Online Stores will boost the Snack and Nut Coatings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Demand for Premium Snacks and Nuts Across the World and Growing Use of Snack and Nut Coatings for Flavoring, Increasing Shelf Life and Decorating Purposes According to Regional Preferences
Market Growth Drivers:
Growing Health Awareness about Consumption of Light Meals and Easy Availability of Raw Ingredients
Challenges:
Intense Competition Due to the New Entrants in the Snack and Nut Coating Market
Restraints:
Safety Risks Involved with the Handling of Snack and Nut Coating Machines for Production and Regulatory Compliance Regarding Snack and Nut Coating Market
Opportunities:
Technological Advancement in the Machines for Production of Snack and Nut Coatings will Boost the Market and Surging Demand for Mini Meals and Snacks from Developing Economies
Market Leaders and their expansionary development strategies
In October 2023, Citation Capital, a Dallas, Texas-based private-equity firm, has acquired a majority interest in snack foods processor Cibo Vita, a release stated. Cibo Vita co-founders Emre Imamoglu and Ahmet Celik will continue to hold a significant ownership interest in the company
In October 2023, Otto Nuts, a brand by Milhans Foods, will be releasing four protein-rich snacks featuring hazelnuts and chickpeas, with caramelized sugar & honey, at Booth #2592 at The Global Produce & Floral Show, October 19–21 in Anaheim, CA.
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."
Key Target Audience
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
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.