Report Ocean published a recovery-based report for ‘Global Food Glazing Agents Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Food Glazing Agents Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2032. Glazing agents are a type of food additive used for coating food products for shiny appearance. Glazing agents are also used to provide protective coating to the food product to extend its shelf life. Food glazing agents are widely used in bakery and Confectionery items. Growing food & beverages industry and increasing demand for ready to eat food products are key drivers for the growth of Food Glazing Agents market.
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For instance, according to global database management company Statista – in 2021, the size global functional foods and beverage market was estimated at USD 281.14 billion, and the market is predicted to grow at a compound annual growth rate of about 9.5 percent between 2021 and 2028 and by the year 2028, the market is estimated to be worth over USD 529.6 billion. Also, with the growing demand from end use verticals and rapid increase of food & beverages industry in emerging economies, the adoption & demand for Food Glazing Agents is likely to increase the market growth during the forecast period. However, volatile pricing of Food Glazing Agent ingredients impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Food Glazing Agents market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to presence of well-established bakery and confectionery industry in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as changing consumption pattern and growing food & beverages industry in the region would create lucrative growth prospects for the Food Glazing Agents market across Asia-Pacific region.
Major market player included in this report are:
British Wax Refining Company Ltd,
Capol GmbH,
Colorcon,
Koster Keunen,
Mantrose-Haeuser Co., Inc.,
Masterol Foods,
Poth Hille & Co., Ltd.,
Puratos, Stearinerie
Dubois,
Strahl & Pitsch, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Ingredient Type:
Stearic acid
Beeswax
Carnauba wax
Candelilla wax
Shellac
Paraffin wax
Others (montan and lanolin wax)
By Ingredient Function:
Coating agents
Surface finishing agents
Firming agents
Film agents
Others (binding agents and stabilizing agents)
By End Use Industries:
Bakery
Confectionery
Processed meat
Poultry & Fish
Fruits & vegetables
Functional foods
Others (dairy products & convenience foods)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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