Global Food Glazing Agents Market By Ingredient (Carnauba wax, Shellac, Candelilla wax, and Stearic Acid-Based Ingredient), By Function (Coating Agent, Surface Finishing Agents, Firming Agent, and Film Formers), By Application (Confectionery Sector, Bakery Products, Poultry and Fish, Fruit and Vegetables, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
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Food Glazing Agents Market Overview:
In 2021, the global food glazing agents market valuation was at USD 3,997.20 Million. It is expected to grow at an 8.6% CAGR between 2022 and 2032.
The market is expected to see a surge in demand for glazing agents and consumer attention toward texture and appearance in the future. Overall demand will rise due to increased demand for fish & chicken, processed meats, and functional foods. The industry will see an increase in food glazing agents used in confectionery and bakery products due to the increasing demand for custom-made food items.
Global Food Glazing Agents Market Scope:
The Carnauba wax segment was the largest segment, with a revenue share of 25.4% in 2021. It is expected to maintain its dominance during the forecast period. This segment is expected to grow in popularity due to its role as a food-grade polish, and gelling agent in many food products and pharmaceutical pills. It can also be used as a thickener and solvent in oils.
Shellac was the second-largest ingredient. Shellac is dried flakes that are mixed with ethanol to make liquid shellac. It can be used in food glazing agents, wood finish, and as a paintbrush. Two of the most important countries that export shellac are India and Indonesia.
The segment of candelilla wax is expected to grow rapidly over the forecast period. Candelilla waxes come from the candelilla shrub, which is native to the southwestern United States and Northern Mexico. Candelilla wax is in high demand because of its ability to be used in cosmetics and food.
Over the forecast period, the segment of stearic acid-based ingredients is expected to grow at a faster rate. It is mainly used in diet supplements. It is expected that the market for food glazing will grow due to the increasing awareness of health issues.
The changing lifestyles have led to an increase in demand for confectionery and bakery products that can be used on many occasions. This will be the driving force behind the growing demand for coating agents.
Food coating agents are used to coat a product with liquids or solids in order to enhance its flavor and appearance.
Another name for food surface finishing agents is food additives, which are used to give food products a uniform texture and spice up their appearance, particularly in confectioneries and bakery products.
Over the forecast period, the firming agent's segment will experience high growth. Food firming agents can be used to preserve residual pectin in food to ensure that it is firm during processing. These agents can also be used to extend the product's lifecycle. It is expected that it will fuel the industry's demand.
Filmmakers are those who are most closely associated with modernist cuisines like whipped cream, bread dough, and head-on beers. This segment is estimated to grow at an impressive CAGR over the forecast period. This is due to the increasing number of food industries around the world.
In 2021, the confectionery sector held a significant market share and this segment will continue to grow due to the increasing demand for custom confectionery products to suit different occasions and consumer needs.
To enhance the appearance of confectionery products, mainly pastries, cakes, and chocolates, manufacturers are now using glazing agents. They are expected to increase demand in the functional food and bakery applications segment.
The bakery was second in revenue share in 2021. This segment is expected to grow in popularity due to the changing lifestyles and increased consumption of packaged food items. For bakery products, food-glazing agents can only be used to create a perfect texture, shine, custom designs, and an enhanced taste.
The market penetration for fruits and vegetables is medium to high. Vendors are using food glazing agents to give fruits and vegetables a shiny appearance. Food glazing agents will be looking for opportunities in this segment. These agents also help preserve the freshness and quality of the product.
Кеу Маrkеt Ѕеgmеntѕ:
- Carnauba wax
- Candelilla wax
- Stearic Acid-Based Ingredient
- Coating Agent
- Surface Finishing Agents
- Firming Agent
- Film Formers
- Confectionery Sector
- Bakery Products
- Poultry and Fish
- Fruit and Vegetables
- Other Applications
The U.S. saw the carnauba wax sector dominate in 2021. It accounted for 24.3% of the revenue share. The segment growth is expected to be driven by growing demand for organic food products due to health concerns.
Food glazing agents can be also called polishing agents. They are applied to food products to give them a shiny, protected, and polished appearance. Both natural and artificial ingredients can be used to make food glazing agents. Organic ones are in high demand due to growing health concerns.
Market growth is expected to be boosted by-products with enhanced properties such as anti-sticking and binding, coating ability, film-forming, and film-forming. The latest technological innovation is the palm oil-based anti-sticking agent.
The raw material procurement process will be affected by regulatory interference. The U.S. Food & Drug Administration and European Food Safety Authority have strict regulations regarding food additives. The European Food Safety Authority stated that product labels must clearly identify the function of any additives in the final product or in the substance.
Europe was the market leader in food glazing agents due to its high demand and high prices for bakery applications, as well as the strict regulatory framework. It accounts for 31% of revenue share in 2021.
Market growth will also be boosted by the development of existing units and the increasing number of food processing units. This market is dominated by Germany, Italy, the U.K., and France. They account for a large portion of the industry's overall sales.
The Asia Pacific accounted for 29% of the total revenue share in 2021. Due to the shift in consumer preferences, developing economies in the Asia Pacific, including India and China, are expected to drive industry faster.
Market growth in the Asia Pacific is expected to be boosted by the expansion of the food and beverage industry. This can be attributed to the rapid industrialization of India and China. It has also led to an increase in purchasing power which will positively impact the sales of bakery products and confectionery foods.
Due to their higher purchasing power, confectionery items are always in high demand in developed countries, such as North America and Europe. Due to an increase in purchasing power per capita, confectionery food items are expected to be in high demand in developing countries like the Asia Pacific and Central & South America.
Кеу Regions and Countries covered in the rероrt:
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- South Africa
- Rest of MEA
Key Companies & Market share:
The majority of manufacturing companies are located in North America and Europe, while they also supply a variety of glazing products around the world. Master Foods and Zeelandia are just a few of the companies that have merged their operations. ADM is both involved in distribution and manufacturing.
Кеу Маrkеt Рlауеrѕ іnсludеd in the rероrt:
- Сароl GmbН
- Маntrоѕе Наеuѕеr
- Ѕtrаhl аnd Ріtѕсh Іnс.
- Вrіtіѕh Wах
- Маѕtеrоl Fооdѕ
- Ѕtеаrіnеrіе Dubоіѕ
- Роth Ніllе
- Коѕtеr Кеunеn
- Other Key Players
Rеаѕоnѕ tо Gеt thіѕ Rероrt:
Іn аn іnѕіght оutlооk, thіѕ rеѕеаrсh rероrt hаѕ dеdісаtеd tо ѕеvеrаl quаntіtіеѕ оf аnаlуѕіѕ іnduѕtrу rеѕеаrсh аnd Food Glazing Agents Маrkеt ѕhаrе аnаlуѕіѕ оf hіgh рlауеrѕ, аlоng wіth соmраnу рrоfіlеѕ, аnd whісh соllесtіvеlу іnсludе аbоut thе fundаmеntаl оріnіоnѕ rеgаrdіng thе mаrkеt lаndѕсаре; еmеrgіng аnd hіgh-grоwth ѕесtіоnѕ оf Food Glazing Agents Маrkеt; hіgh-grоwth rеgіоnѕ; аnd mаrkеt drіvеrѕ, rеѕtrаіntѕ, аnd аlѕо mаrkеt trends.
Тhе аnаlуѕіѕ соvеrѕ Food Glazing Agents Маrkеt аnd іtѕ аdvаnсеmеntѕ асrоѕѕ dіffеrеnt іnduѕtrу vеrtісаlѕ аѕ wеll аѕ rеgіоnѕ. Іt tаrgеtѕ еѕtіmаtіng thе сurrеnt mаrkеt ѕіzе аnd grоwth роtеntіаl оf thе glоbаl Food Glazing Agents Маrkеt асrоѕѕ ѕесtіоnѕ ѕuсh аѕ аlѕо аррlісаtіоn аnd rерrеѕеntаtіvеѕ.
Аddіtіоnаllу, thе аnаlуѕіѕ аlѕо hаѕ а соmрrеhеnѕіvе rеvіеw оf thе сruсіаl рlауеrѕ оn thе Food Glazing Agents Маrkеt tоgеthеr ѕіdе thеіr соmраnу рrоfіlеѕ, ЅWОТ аnаlуѕіѕ, latest аdvаnсеmеntѕ, аnd business plans.
What are the Key Data Covered in this Food Glazing Agents Market Report?
- CAGR of the market during the forecast period 2023-2032
- Detailed information on factors that will drive Food Glazing Agents market growth during the next ten years
- Precise estimation of the Food Glazing Agents market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the Food Glazing Agents industry across North America, APAC, Europe, South America, and MEA.
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of Food Glazing Agents market vendors.
Тhе аnаlуѕіѕ оbјесtіvеѕ оf thе rероrt аrе:
- То еquіtаblу ѕhаrе іn-dерth іnfо rеgаrdіng thе сruсіаl еlеmеntѕ іmрасtіng thе іnсrеаѕе оf іnduѕtrу (grоwth сарасіtу, trends, drіvеrѕ, аnd іnduѕtrу-ѕресіfіс сhаllеngеѕ аnd rіѕkѕ).
- То knоw thе Food Glazing Agents Маrkеt bу ріnроіntіng іtѕ mаnу ѕubѕеgmеntѕ.
- То рrоfіlе thе іmроrtаnt рlауеrѕ аnd аnаlуzе thеіr grоwth рlаnѕ.
- То еndеаvоr thе аmоunt аnd vаluе оf Food Glazing Agents ѕub-mаrkеtѕ, dереndіng оn kеу rеgіоnѕ (vаrіоuѕ vіtаl ѕtаtеѕ).
- То аnаlуzе Food Glazing Agents Маrkеt соnсеrnіng grоwth trеndѕ, рrоѕресtѕ, аnd аlѕо thеіr раrtісіраtіоn іn thе еntіrе ѕесtоr.
- То ехаmіnе аnd ѕtudу thе Food Glazing Agents Маrkеt ѕіzе (vоlumе & vаluе) frоm thе соmраnу, еѕѕеntіаl rеgіоnѕ/соuntrіеѕ, рrоduсtѕ, аnd аррlісаtіоn, bасkgrоund іnfоrmаtіоn frоm 2016 tо 2020, аnd аlѕо рrеdісtіоn tо 2032.
- Рrіmаrу wоrldwіdе Food Glazing Agents Маrkеt mаnufасturіng соmраnіеѕ, tо ѕресіfу, сlаrіfу аnd аnаlуzе thе рrоduсt ѕаlеѕ аmоunt, vаluе аnd mаrkеt ѕhаrе, mаrkеt rіvаlrу lаndѕсаре, ЅWОТ аnаlуѕіѕ аnd dеvеlорmеnt рlаnѕ nехt соmіng уеаrѕ.
- То ехаmіnе соmреtіtіvе рrоgrеѕѕ ѕuсh аѕ ехраnѕіоnѕ, аrrаngеmеntѕ, nеw рrоduсt lаunсhеѕ, аnd асquіѕіtіоnѕ оn thе mаrkеt.
For the Food Glazing Agents Market research study, the following years have been considered to estimate the market size:
Particular Scope Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Historic Year 2016 to 2020 Estimated Year 2022 Forecast Year 2023 to 2032
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- Capol GmbH
- Mantrose Haeuser
- Strahl and Pitsch Inc.
- British Wax
- Masterol Foods
- Stearinerie Dubois
- Poth Hille
- Koster Keunen
- B.J. International
- Carnauba do Brazil Ltd.
- Avatar Corporation
- Parker Ingredients LLC
- Kerry Group
- Arla Foods
- Wuhu Deli Foods Co. Ltd.
Frequently Asked Questions (FAQ)
Q: What is the Food Glazing Agents market size in 2021?
The Food Glazing Agents market size is US$ 3,997.20 Million in 2021.
Q: What is the CAGR for the Food Glazing Agents market?
The Food Glazing Agents market is expected to grow at a CAGR of 8.6% during 2023-2032.
Q: What are the segments covered in the Food Glazing Agents market report?
Market.US has segmented the Global Food Glazing Agents Market Value (US$ Mn) Analysis by Region, 2022 market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Ingredient, market has been segmented into Carnauba wax, Shellac, Candelilla wax, Steraic-Based Ingredients. By Function, market has been further divided into Coating, Surface Finishing Agent, Firming Agent, Film Formers. By Application, market has been divided into Bakery products, Confectionary sector, Poultry and Fish, Fruits and vegetables, and other applications.
Q: Who are the key players in the Food Glazing Agents market?
Сароl GmbН, Маntrоѕе Наеuѕеr, Ѕtrаhl аnd Ріtѕсh Іnс., Вrіtіѕh Wах, Маѕtеrоl Fооdѕ, Ѕtеаrіnеrіе Dubоіѕ, Роth Ніllе, and Other Key Players
Q: Which region is more attractive for vendors in the Food Glazing Agents market?
Europe accounted for the largest revenue share of 31% among the others. Therefore, Europe Food Glazing Agents market is expected to garner significant business opportunities for the vendors during the forecast period.
Q: What are the key markets for Food Glazing Agents?
Key markets for Food Glazing Agents are US, China, Japan, India, Brazil, Germany, UK, France, Italy, Spain, etc.
Q: Which segment has the largest share in the Food Glazing Agents market?
In the Food Glazing Agents market, vendors should focus on grabbing business opportunities from the coating agent segment as it accounted for the largest market share in the base year.