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Europe Meat Coating Ingredients Market is expected to reach US$ 715.84 million by 2030

Europe Meat Coating Ingredients Market is growing at a CAGR of 6.2% to reach US$ 715.84 million by 2030 from US$ 442.03 million in 2022 by Type, Category, and Application.

By The Insight Partners

Increasing Preference for Gluten-Free Ingredients to Drive Europe Meat Coating Ingredients Market Growth During 2022–2030

According to our latest market study on “Europe Meat Coating Ingredients Market Forecast to 2030 – Regional and Country Share, Trend, and Growth Opportunity Analysis – by Type, Category, and Application,” the Europe meat coating ingredients market size is projected to grow from 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. The report highlights key factors driving the market and prominent players along with their developments in the market.

Meat coating ingredients refer to a diverse range of ingredients and their formulations used to coat meat products such as pork, poultry, beef, and seafood. The ingredients can include flour, starches, spices, herbs, breadcrumbs, batter mixes, marinades, and various additives. Meat coating ingredients are used to enhance the appearance, taste, texture, and shelf life of various meat products.

Europe Meat Coating Ingredients Breakdown – by Region

The prevalence of celiac disease is rising in Europe. As per the data published by Epidemiology, Presentation, and Diagnosis of Celiac Disease in 2021, celiac disease is acknowledged to exist across the world, contrary to earlier beliefs that it primarily affects people in Northern and Western Europe. Celiac disease can often damage the intestine lining and cause thyroid and Type 1 diabetes in some patients. The gluten-free diet can help in reducing the effect of celiac disease by promoting intestinal healing. Therefore, European consumers are tremendously preferring gluten-free diets.

Moreover, according to the Leisure Food & Beverages EXPO in 2021, people aged 20–39 years are the primary consumers of a gluten-free diet in the UK. Also, 41% of the world-class athletes in the UK have said that they followed a gluten-free diet. This has propelled the popularity and acceptance of gluten-free diets in the country in recent years.

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.

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, and Kerry Group Plc are among the major players operating in the Europe meat coating ingredients market. Market players focus on developing high-quality products to fulfill the varied requirements of end users. Moreover, these key players adopt strategic development initiatives such as product development, collaborations, and partnerships to expand their market presence. Such initiatives by key market players aid to the market growth.

Impact of COVID-19 Pandemic on Europe Meat Coating Ingredients Market

Various industries suffered severe disruptions due to disturbances in supply chains and shutdowns of production plants amid the COVID-19 pandemic. The shutdown of banks, manufacturing plants, and factories in countries such as the UK, Germany, France, Spain, Poland, Russia, etc. disrupted supply chains, manufacturing, delivery schedules, and product sales. Many businesses announced possible delays in product deliveries and slumps in their future sales. Supply chain disruptions, raw material and labor shortages, and operational difficulties created a demand and supply gap that resulted in increased prices of meat coating ingredients, hampering the Europe meat coating ingredients market growth.

The changes in consumption patterns and purchasing power of consumers resulted in increasing sales of packaged meat products. Moreover, due to the work-from-home mandate, consumers preferred to eat packaged meat products at home. Such convenience positively impacted the Europe meat coating ingredients market growth in the pandemic.

In 2021, various economies resumed their operations as country governments announced relaxations in the previously imposed restrictions. Moreover, manufacturers were permitted to operate at full capacities, which helped them overcome the demand and supply gaps. All these factors have been favoring the growth of the Europe meat coating ingredients market in the post-pandemic recovery period.

The report includes the segmentation of the Europe meat coating ingredients market as follows:

The Europe meat coating ingredients market is segmented on the basis of type, category, application, and geography. The market, by type, is segmented into breader, batter, marinades, predusts, and others. The market for the breader segment is further divided into flour and starches, breadcrumbs, corn crumbs, rice crumbs, and others.  Based on category, the market is bifurcated into gluten-free and conventional. Based on application, the market is segmented into nuggets, burger patties, meatballs, fillets, and others. The Europe meat coating ingredients market, based on countries, is segmented into Germany, France, Italy, the UK, Russia, Spain, the Netherlands, Denmark, Poland, Norway, Sweden, and the Rest of Europe.

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