Market Share of Europe Food Coating Ingredients Industry
The European food coating ingredients market is a mature market due to the existence of several domestic and international players in this segment. The top players in this sector are Cargill Inc., Archer Daniels Midland Company, Associated British Foods PLC, Ingredion Incorporated, and Tate & Lyle PLC. The most common strategic move among these top players are product development and product innovation because by adopting these strategies, these players can enable new variants of food coating ingredients in the market, which can enlarge the company's product portfolio, while some of the other players opt mergers and acquisitions as their major strategy, this is because it helps these top performers in this industry to sustain a dominant position and overcome the existing competitive rivalry among the other players in this market specifically.
The European food coating ingredients market is fragmented, with various players in the market. Some of the major players in the market are expanding their product portfolios by introducing innovative products.
Europe Food Coating Ingredients Market Leaders
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Cargill Inc.
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Tate & Lyle
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Archer-Daniels-Midland Company
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Kerry Group plc
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Ingredion Incorporated
*Disclaimer: Major Players sorted in no particular order