Global Food Glazing Agents Market
The global Food Glazing Agents market was valued at USD 2.47 billion in 2016 and is projected to reach USD 5.18 billion by 2025, growing at a CAGR of 8.6% from 2017 to 2025.
Food Glazing Agents market is majorly driven by growing demand for processed foods and functional foods. The rising focus and food appearance and texture is driving demand for these products. The demand for natural glazing agents is expected to grow rapidly over the forecast period.
1. Market Drivers
1.1 Growing demand in confectionery and bakery
1.2 Rising consumer awareness towards appearance and texture of foods
2. Market Restraints
2.1 Scarcity of raw material
The global Food Glazing Agents market is segmented on the ingredient type, application, ingredient function, and region.
1. By Ingredient Type:
1.1 Carnauba Wax
1.3 Stearic Acid
1.5 Paraffin Wax
1.6 Candelilla Wax
2. By Ingredient Function:
2.1 Surface Finishing Agents
2.2 Coating Agents
2.3 Film Formers
2.4 Firming Agents
3. By Application:
3.3 Processed Meat, Poultry and Fish
3.4 Functional Foods
3.5 Fruits and Vegetables
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Mantrose-Haeuser Co. Inc.
2. Capol GmbH
3. Strahl and Pitsch
4. British Wax
5. Masterol Foods
6. Staearinerie Dubois
7. Poth Hille
8. Koster Keunen
9. BJ International
10. Carnauba Do Brasil Ltd
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Food Glazing Agents market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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