Increased Demand Across Starch Based Edible Coating Market Driven by Technological Innovations, reports FactMR

Posted on 2019-05-22 by Mark Hub in Chemicals // 0 Comments

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The purpose of this rich study presented by FactMR is to elaborate the various market projections impacting the global starch based edible coating market during the period until 2027. This assessment delivers high-end statistics concerning market size, Y-o-Y growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about growth trends along with opportunities that are expected to reshape the overall structure of the starch based edible coating market during the forecast period.

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The global starch based edible coating market continues to remain consolidated at the top, with leading players holding 40-50% share. Expanding global footprint is a main strategy of these players, which has resulted into several acquisitions, partnerships, and collaboration activities with the emerging players and innovative products. On the other hand, regional players in starch based edible coating market are focused on bringing new products and economic alternatives to the market, while emerging market players continuously struggle to gain significance. However, an influx of local companies with their innovative offerings has made the nature of the starch based edible coatings market to be splintered at the bottom. Recent developments in the market have been highlighted below.

A prominent player in starch based edible coating market- Cargill Inc– has committed to source waxy corn 100% sustainably from European farmers to enable continuous crop supply for food starch. Cargill has also developed the Waxy Corn Promise program, leveraging their robust collaborations with farmers and co-op suppliers, to address the grave sustainability-related challenges in regions with significant waxy corn cultivation.
Ingredion Inc. recently added two novel organic-certified corn starch ingredients- Novation Prima 609 and 309 starches, to its existing line of functional, clean-label starches. The company claims that these ingredients can withstand harsh processing, and cold temperature conditions.
Another leading player in starch based edible coating market –BENEO GmbH – has expanded its Remypure portfolio. BENEO has launched its second functional native rice starch – Remypure S52, using a novel production process to improve its functional properties and achieve better performance levels than modified food starches.
A global leader in the food ingredients space – Kerry Group – has acquired two US businesses – Ariake USA, and Southeastern Mills’ North American coatings and seasonings business for about US$367.7 million, to expand and strengthen its global food service positioning. In another acquisition, Kerry Group has purchased a Spain-based seasoning and coatings company-Hasenosa for an undisclosed amount.
Tate & Lyle– a leading global provider of food ingredients and solutions, has signed an agreement with HORN, a US-based speciality ingredients distributor. As a part of the agreement, HORN will operate as Tate & Lyle’s main US ingredients distributor for its nutrition industry clientele.

The report on starch based edible coating market also provides a comprehensive analysis on the leading manufacturers in starch based edible coating market. The report profiles several leading players functioning in the starch based edible coating market, including Tate and Lyle PLC., Cargill Inc., Ingredion Inc., Archer Daniels Midland Company, Avebe, BENEO GmbH, Roquette Frères, Flo Chemical Corporation and others.

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Shift from Synthetic to Edible – A Key Packaging Industry Trend

The growing inclination of consumers towards healthier and more ecological foods has been prompting the packaging manufacturers to develop novel and eco-friendly solutions, for increasing the life span of food products. Focus on adoption of edible films and coatings, as an alternative to the currently employed mixture of synthetic and biodegradable chemical compounds, is a key sales determinant of starch based edible coating. With their key attributes, such as barrier to oxygen and humidity, Starch based edible coatings are rapidly emerging as a feasible & sustainable substitutes for the synthetic packaging materials. Leading players are making significant investment in R&D activities, which has resulted into numerous developments in starch based edible coating, which are at par with their synthetic counterparts with regard to functionality.

Nanosystems in Edible Coatings Gaining Traction as a Novel Strategy for Food Preservation

Nanotechnology is gaining traction as a vital tool and efficient packaging option for extending the shelf life of foods, as it enables the incorporation of lipophilic and hydrophilic substances that exhibit excellent antioxidant and antimicrobial properties. These substances significantly boost the shelf life of products, such as fresh-cut and whole fruits and vegetables, cheese, seeds, and nuts. With the convenience of developing nanosystems for starch based edible coatings using biodegradable synthetic polymers, in combination with solid and liquid lipids at room temperature, adoption of this novel approach for food preservation is on the cards.

Relative Affordability of Starch Based Edible Coating Remains a Key Demand Determinant

Several studies have proved the ability of starch based edible coatings in increasing shelf life and quality of fruits and vegetables, as these facilitate the development of edible barriers at a relatively affordable cost. On the contrary, significant cost is associated with synthetic coatings that necessitate incorporation of components, including lipids, plasticizers, surfactants, or other hydrophobic polymers, into the coating formulation to attain a good adherence on the host product surface. In fresh-cut commodities, cassava starch and alginate starch based edible coatings are linked with cost-effective maintenance of quality and safety during storage, as they preserve minimally processed fruits without altering their quality parameters.

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FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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