Food Glazing Agents Market by Types (Candelilla Wax, Carnauba Wax, Stearic Acid, Beeswax, Shellac, and Others), Applications (Confectionery, Processed Meat, Bakery, Poultry and Seafood, Fruits & Vegetables, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.
The global food glazing agents market size is projected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rapid growth of urbanization and increasing number of educated customers.
A food glazing agent is a material that is applied to the surface of food as a sticky coating to prevent water loss. This type of agent provides a shine on the surface of foods such as sweet or citrus fruit and confers a protective coating on the surface. They are commonly used to create a coating on the surface of different sweets. They are made from both natural and artificial sources. Food glazing agents come in a variety of forms, including beeswax, stearic acid, and carnauba wax, among others.
Market Trends, Drivers, Restraints and Opportunities
- The food industry's rapid expansion as well as growing demand for organic and nutritious food items, are projected to fuel the market growth during the forecast period.
- Increasing production of confectionary and bakery food products along with rising consumer income is expected to drive the overall market expansion.
- Growing demand for personalized food items is expected to drive market growth in the coming years.
- Strict regulations on food additives, as well as raw material price fluctuations, are expected to hinder market growth in the coming years
- Lack of raw material availability and customer awareness can positively influence the growth of the market.
- Increasing R&D expenditure in novel food items is likely to provide remunerative opportunities for market development throughout the forecast period.
Scope of Food Glazing Agents Market Report
The report on the global food glazing agents market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Food Glazing Agents Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Types (Candelilla Wax, Carnauba Wax, Stearic Acid, Beeswax, Shellac, and Others), Applications (Confectionery, Processed Meat, Bakery, Poultry and Seafood, Fruits & Vegetables, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Freudenberg Chemical Specialities SE & Co. KG; Mantrose-Haeuser Co., Inc.; Masterol Foods; Colorcon; and Puratos |
Food Glazing Agents Market Segment Insights
Candelilla wax segment is projected to expand at a considerable CAGR
On the basis of types, the market is segregated into candelilla wax, carnauba wax, stearic acid, beeswax, shellac, and others.
The candelilla wax segment is projected to expand at a considerable CAGR during the forecast period due to increasing customer demand for various food products. On the other hand, the beeswax segment is anticipated to account for a major market share during the forecast period. Food additive consumption is anticipated to rise due to demand for organic and vegan meals.
Bakery segment is estimated to account for a significant market share.
Based on applications, the global food glazing agent market is divided into confectionery, processed meat, bakery, poultry and seafood, fruits & vegetables, and others.
The bakery segment is predicted to account for a significant market share during the forecast period. Growing demand for bakery products and convenience is driving the market segment gowth.
Europe is anticipated to constitute a key market share
In terms of regions, the global food glazing agent market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
The market of Europe is expected to constitute a key share of the market during the projected period owing to high demand for chocolate and bakery products. However, Asia Pacific is anticipated to expand at a rapid pace during the forecast period. The presence of emerging countries such as India and China is propelling the regional market growth.
Segments
The global food glazing agent market has been segmented on the basis of
Types
- Candelilla Wax
- Carnauba Wax
- Stearic Acid
- Beeswax
- Shellac
- Others
Applications
- Confectionery
- Processed Meat
- Bakery
- Poultry and Seafood
- Fruits & Vegetables
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Freudenberg Chemical Specialities SE & Co. KG
- Mantrose-Haeuser Co., Inc.
- Masterol Foods
- Colorcon
- Puratos
Competitive Landscape
The key players competing in the global food glazing agent market are Freudenberg Chemical Specialities SE & Co. KG; Mantrose-Haeuser Co., Inc.; Masterol Foods; Colorcon, and Puratos.
Companies are engaging in partnerships, acquisitions, and mergers to expand their market share. Moreover, they’re focusing on expanding their production capacities to leverage their market position. Key players are partnering with local manufacturers and investing in R&D activities to enhance the manufacturing process to reduce the operation costs.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Glazing Agents Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Glazing Agents Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Glazing Agents Market - Supply Chain
4.5. Global Food Glazing Agents Market Forecast
4.5.1. Food Glazing Agents Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Glazing Agents Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Food Glazing Agents Market Absolute $ Opportunity
5. Global Food Glazing Agents Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Food Glazing Agents Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Food Glazing Agents Demand Share Forecast, 2019-2026
6. North America Food Glazing Agents Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Food Glazing Agents Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Food Glazing Agents Demand Share Forecast, 2019-2026
7. Latin America Food Glazing Agents Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Food Glazing Agents Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Food Glazing Agents Demand Share Forecast, 2019-2026
8. Europe Food Glazing Agents Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Food Glazing Agents Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Food Glazing Agents Demand Share Forecast, 2019-2026
9. Asia Pacific Food Glazing Agents Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Food Glazing Agents Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Food Glazing Agents Demand Share Forecast, 2019-2026
10. Middle East & Africa Food Glazing Agents Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Food Glazing Agents Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Food Glazing Agents Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Food Glazing Agents Market: Market Share Analysis
11.2. Food Glazing Agents Distributors and Customers
11.3. Food Glazing Agents Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Glazing Agents Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Glazing Agents Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Glazing Agents Market - Supply Chain
4.5. Global Food Glazing Agents Market Forecast
4.5.1. Food Glazing Agents Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Glazing Agents Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Food Glazing Agents Market Absolute $ Opportunity
5. Global Food Glazing Agents Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Food Glazing Agents Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Food Glazing Agents Demand Share Forecast, 2019-2026
6. North America Food Glazing Agents Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Food Glazing Agents Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Food Glazing Agents Demand Share Forecast, 2019-2026
7. Latin America Food Glazing Agents Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Food Glazing Agents Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Food Glazing Agents Demand Share Forecast, 2019-2026
8. Europe Food Glazing Agents Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Food Glazing Agents Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Food Glazing Agents Demand Share Forecast, 2019-2026
9. Asia Pacific Food Glazing Agents Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Food Glazing Agents Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Food Glazing Agents Demand Share Forecast, 2019-2026
10. Middle East & Africa Food Glazing Agents Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Food Glazing Agents Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Food Glazing Agents Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Food Glazing Agents Market: Market Share Analysis
11.2. Food Glazing Agents Distributors and Customers
11.3. Food Glazing Agents Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
The global food glazing agent market has been segmented on the basis of
Types
- Candelilla Wax
- Carnauba Wax
- Stearic Acid
- Beeswax
- Shellac
- Others
Applications
- Confectionery
- Processed Meat
- Bakery
- Poultry and Seafood
- Fruits & Vegetables
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Freudenberg Chemical Specialities SE & Co. KG
- Mantrose-Haeuser Co., Inc.
- Masterol Foods
- Colorcon
- Puratos
The key players competing in the global food glazing agent market are Freudenberg Chemical Specialities SE & Co. KG; Mantrose-Haeuser Co., Inc.; Masterol Foods; Colorcon, and Puratos.
Companies are engaging in partnerships, acquisitions, and mergers to expand their market share. Moreover, they’re focusing on expanding their production capacities to leverage their market position. Key players are partnering with local manufacturers and investing in R&D activities to enhance the manufacturing process to reduce the operation costs.
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