Global Food Glazing Agents Market, By Ingredient Type (Stearic Acid, Beeswax, Candelilla Wax, Shellac, Paraffin Wax, Others), Ingredient Function (Coating Agents, Surface-Finishing Agents, Firming Agents, Film Former , Others), Application (Bakery, Confectionery, Processed Meat, Poultry & Fish, Fruits & Vegetables, Functional Foods, 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, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Food Glazing Agents Market
The food glazing agents market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 8.25% in the above-mentioned forecast period. Increasing prevalence for glazing agents in bakery and confectionery acts as an essential factor driving the food glazing agents market
Food glazing agents are added to the food to give them glossy appearance which makes it presentable and also stabilize it. They are added to perform various functions such as stabilizers, thickeners, gelling agents, and anti-caking. Glazing agent enables coating ability, film forming and binding capability and is primarily used in confectionary industry to coat hard-boiled candies and on baked goods such as donuts.
Increase in the awareness among the consumers about appearance and texture of food products is a vital factor escalating the market growth, also increase in the adoption of nutrient enriched glazing agent, rise in the continuous changing in the lifestyle of people, increase in the urbanization and high spending power of consumers in various regions and rise in the trend regarding ready-to-eat food consumption are the major factors among others driving the food glazing agents market. Moreover, rise in the applications of food glazing agents and rise in the demand in emerging economies will further create new opportunities for the food glazing agents market in the forecast period of 2021- 2028.
However, lack of sources or raw materials for the production, increase in the fluctuation in prices of food glazing agents and stringent rules related with the usage of food glazing agents are the major factors among others acting as restraints, and will further challenge the food glazing agents market in the forecast period.
The food 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 the food 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.
Food Glazing Agents Market Scope and Market Size
The food glazing agents market is segmented on the basis of ingredient type, ingredient function and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of ingredient type, the food glazing agents market is segmented into stearic acid, beeswax, candelilla wax, shellac, paraffin wax and others.
- Based on ingredient function, the food glazing agents market is segmented into coating agents, surface finishing agents, firming agents, film former and others.
- The food glazing agents market is also segmented on the basis of application into bakery, confectionery, processed meat, poultry & fish, fruits & vegetables, functional foods and others.
Food Glazing Agents Market Country Level Analysis
The food glazing agents market is analysed and market size insights and trends are provided by country, ingredient type, ingredient function and application as referenced above.
The countries covered in food glazing agents market 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 dominates the food glazing agents market due to high prices and high demand for confectionery & bakery application sectors coupled with the stringent regulatory framework and rising number of food processing units and development of existing units in this region. Asia-Pacific is the expected region in terms of growth in food glazing agents market due to rise in the applications of food glazing agents in this region.
The country section of the food 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.
Food Glazing Agents Market Share Analysis
The food 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 food glazing agents market.
The major players covered in the food glazing agents market report are ADM, BJ International, Koster Keunen, Carnaúba do Brasil, Poth Hille., STEARINERIE DUBOIS, Masterol Foods Pty. Ltd, British Wax Ltd, Strahl & Pitsch, Inc., Mantrose-Haeuser Co., Inc., Capol GmbH, Arla Foods amba, DuPont, AVATAR CORPORATION, Stroever GmbH & Co. KG and ADM 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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