Increasing penetration of plant-based milk such as almond milk, soy milk and, coconut milk to replace cow milk is anticipated to propel demand.

The global food coating ingredients market is expected to reach USD 4.44 billion by 2022, according to a new study by Grand View Research, Inc. Growing demand across several application segments, including confectioneries, bakery products and meat & poultry products is expected to drive the global food coating ingredients market over the forecast period.

Global Palm Oil Market is expected to reach $88 billion by 2022, according to a new study by Grand View Research, Inc. Growing environmental concerns have prompted bio-fuel demand across the globe which is expected to remain a key driving factor for global palm oil market.