Research Report Covers the Global Food Glazing Agents Market 2024
The Infinium Global Research analyzes the Food Glazing Agents Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global food glazing agents market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of food glazing agents. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the food glazing agents market during the period. The global food glazing agents market is projected to grow at a CAGR of 7.6% over the forecast period of 2018-2024.
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The food glazing agent is a natural or synthetic substance that provides a waxy, homogeneous, coating to prevent water loss from a surface and provide other protection to food products. Food glazing agents in food applications are majorly used to give coating ability, film-forming, and binding capability with a polished appetizing visual appeal. Food glazing agents are primarily used in the confectionery industry especially in hard-boiled candies as a coating and various other types of candy. Food glazing agents are also used on some baked goods like donuts. The food glazing agents market is growing with respect to the growth in the food additives market. Additionally, its market growth is subject to innovation and the introduction of new natural and organic glazing agents for food products. Food glazing agents are used for packed fruits, functional foods, and vegetables.
Growth of the Food Additives Industry Combined with the Increased Consumption of Processed Food is Primarily Driving the Global Food Glazing Agents Market
The growth of the food additives industry combined with the increased consumption of processed food is primarily driving the global food glazing agents market. Moreover, the increasing demand for organic and vegan foods is expected to drive the demand for food additives, which in turn, will favor the growth of the food glazing agents market. The food glazing agents market is significantly influenced by two broad factors – an increase in the consumption of bakery and confectionery products and an increase in awareness among consumers regarding different foods. Both of these factors are particularly prominent in the case of European and South American countries. The rise of urbanized and high-income consumers in these regions is cited as a major reason for these factors. Now, consumers are more concerned about the attractiveness in bakery and confectionery products. These glazing agents are also used as a protective coating for food.
Europe has a Stronghold in the Food Glazing Agents Industry
Europe has a stronghold in the food glazing agents industry, it leads the global industry, regarding revenue, due to the high demand for confectionery and bakery products. North America and Asia-Pacific also occupied significant market share in recent years. Due to the increasing demand from developing nations, such as India and China, Asia-Pacific is growing at a faster rate. Despite occupying a minor market share during the forecast period, Africa is expected to perform well in the future, as the nation is moving towards industrialization and food habit is changing among middle-class consumers.
Food Glazing Agents Market: Segmentation
The report on the global food glazing agents market covers segments such as, by type, by function, and by application. On the basis of by type, the global food glazing agents market is categorized into stearic acid, beeswax, candelilla wax, shellac, paraffin, and others. On the basis of by function, the global food glazing agents market is categorized into coating agents, surface-finishing agents, firming agents, film formers and others. On the basis of application, the global food glazing agents market is categorized into the bakery, confectionery, processed meat, poultry and fish, fruits & vegetables, functional food, and others.
Food Glazing Agents Market: Competitive Landscape
The report provides profiles of the companies in the global food glazing agents market such as, Carnauba do Brasil Ltd., B J International, Koster Keunen Inc., Poth Hille & Co Ltd, Stearinerie Dubois, Masterol Foods, British Wax Refining Company Ltd., Strahl & Pitsch, Inc., Mantrose-Haeuser Co., Inc. and Capol GmbH.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-food-glazing-agents-market
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the food glazing agents.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.