Global Confectionery Glazing Agents Market, By Ingredient Type (Stearic Acid, Beeswax, Carnauba Wax, Candelilla Wax, Shellac, Paraffin Wax and Others), Ingredient Function (Coating Agents, Surface-Finishing Agents, Firming Agents, Film Formers and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Confectionery Glazing Agents Market
Data Bridge Market Research analyses that the global confectionery glazing agents market will project a CAGR of 4.35% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, ever-rising population around the globe, rising consumer consciousness towards high quality and nutritional food items, surging consumption rate for bakery and confectionary products and increasing personal disposable income are the major factors attributable to the growth of confectionery glazing agents market.
From the name itself, it is evident that the confectionery glazing agents are the glazing agents that are applied to the surfaces of confectionary items with an aim to protect them from getting contaminated by the various environmental factors. The confectionery glazing agents are available in the form of both synthetic and natural substances that are applied to restrict water loss along with imparting protection. Further, the confectionery glazing agents are applied with an aim to enhance the appearance and texture of various confectionary food items such as biscuits, cookies, cakes, chocolates, and other products.
Surging consumption of bakery products, increasing consumer interest in the attractiveness of bakery and confectionery products and rising globalization are the major factors fostering the growth of the confectionery glazing agents market. Changing and evolving lifestyle, growth in the penetration of e-commerce platforms especially in the developing economies and growing awareness among consumers regarding benefits of consumption of healthy food products are other important factors acting as confectionery glazing agents market growth determinants. Rising trend regarding ready-to-eat food consumption, surging preference for natural and organic food sources by consumers and growing availability of sustainable and convenient packaging solutions will further induce growth in the confectionery glazing agents market value.
However, rise in concern in regards to the lack of raw materials available for the development and manufacturing of glazing agents and fluctuations in the prices of raw materials will pose a major challenge to the growth of the confectionery glazing agents market. Also, presence of various regulations associated with the usage of glazing agents for different food applications and lack of awareness among the consumers about the harmful effect will also hamper the confectionery glazing agents market growth rate.
This confectionery glazing agents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on confectionery glazing agents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Confectionery Glazing Agents Market Scope and Market Size
The confectionery glazing agents market is segmented on the basis of ingredient type and ingredient function. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Confectionery glazing agents market on the basis of ingredient type has been segmented into stearic acid, beeswax, carnauba wax, candelilla wax, shellac, paraffin wax and others. Others consist of montan and lanolin wax.
- On the basis of ingredient function, confectionery glazing agents market has been segmented into coating agents, surface-finishing agents, firming agents, film formers and others. Others segment has been sub-segmented into binding agents and stabilizing agents.
Confectionery Glazing Agents Market Country Level Analysis
The confectionery glazing agents market is analyses and market size, volume information is provided by country, ingredient type and ingredient function as referenced above.
The countries covered in the confectionery glazing agents market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe region dominates the confectionery glazing agents market and will continue to during the forecast period owing to the rising research and development activities in this region. Asia-Pacific is set to undergo substantial gains and will score the highest CAGR for the forecast period owing to the growth and expansion of food and beverages industry, rising consumption of bakery products and increasing personal disposable income.
The country section of the confectionery glazing agents market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Confectionery Glazing Agents Market Share Analysis
The confectionery glazing agents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to confectionery glazing agents market.
The major players covered in the confectionery glazing agents market report are Capol GmbH, Mantrose UK Ltd., AF Suter & Co Ltd, Masterol Foods Pty. Ltd., STEARINERIE DUBOIS, Koster Keunen, BJ International, Flo Chemical Corporation, Parker Ingredients, LLC, Stroever GmbH & Co. KG, Poth Hille., British Wax Ltd, Strahl & Pitsch, Inc., Zeelandia, Ningbo J&S Botanics Inc., DuPont, Wuhu Deli Foods Co., Ltd., AVATAR CORPORATION and Carnaúba do Brasil. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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