According to the report published by Zion Market Research, global demand for Food Glazing Agents Market was valued at approximately USD 3.20 Billion in 2019, and is expected to generate revenue of around USD 5.86 Billion by end of 2026, growing at a CAGR of around 9 % between 2020 and 2026.
According to the report published by Zion Market Research, global demand for Food Glazing Agents Market was valued at approximately USD 3.20 Billion in 2019, and is expected to generate revenue of around USD 5.86 Billion by end of 2026, growing at a CAGR of around 9 % between 2020 and 2026.
The glazing agent comes in two forms, natural and synthetic. This material provides a waxy and homogeneous coating for food items with the intention of avoiding water loss from the surface and providing additional protection. Food additives applied to food products for flavour, taste and colour enhancement are categorised on the basis of roles that they act as glazing agents, stabilisers, packing gases, thickeners, propellants, anti-caking agents and gelling agents. Glazing agents used in food applications are used to improve attachment capability and coating capability, as well as to provide a film forming with a polished appetising visual appeal. In the confectionary industry, glazing agents are mainly used to coat hard-boiled candies and other types of candies.
Continuous variation in food glazing agents is driving the development of the demand for global food glazing agents. Significant suppliers in the global industry are engaged in continuous research in food glazing agents and the introduction of alternative goods will also boost the global market. These agents are used in the bakery of many items, such as donuts, and also have a positive effect on the global demand for food glazing agents. In addition, the introduction of new organic and natural glazing agents in the manufacture of food products would further lead to future development. However the introduction of innovative growth models such as product advances, mergers and acquisitions, alliances, partnerships and new technology releases also fuel the global demand for food glazing agents.
The global food glazing agents market is categorized based on the applications as fruits & vegetables, bakery products, snacks & nutritional bars, meat & poultry products, confectioneries, ready-to-eat cereals, dairy products, and others. Of these, the bakery is the leading application segment in the global market owing to increasing use of food glazing agents in confectioneries. Based on types, the global market is segmented as carnauba wax, beeswax, shellac petrolatum or petroleum jelly, lanolin, and stearic acid or fatty acid. Of these, beeswax and lanolin are the most preferred. Region wise, global the food glazing agents market is diversified into Europe, the Middle East and Africa, North America, Asia-Pacific and Latin America.
Asia Pacific is the leading area in the global food glazing industry and is projected to develop at a steady rate over the next few years. Some emerging economies, such as Australia, China and Japan, are leading the food glazing industry. Increased demand and higher use of food glazing agents are projected to boost the global market in these areas. However, consumption of packaged and convenience food goods in India and Latin American countries is subject to higher consumption, which is projected to accelerate global consumer growth in the future. However the growing use of food glazing agents in confectionery, in particular chocolates and candies in Europe, is expected to fuel the demand growth of global food glazing agents.
Some main participants of the food glazing agents market are Wuhu Deli Foods Co., Ltd., Entemann's Inc., Ningbo J&S Botanics Inc., and Mantrose-Haeuser Co., Inc. Other key players include Masterol Foods, Kerry Ingredients Limited, The Riverside Company, Hainan Zhongxin Wanguo Chemical Co., Ltd, Arla Foods, and Avatar Corporation among others.
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Food Glazing Agents Market Revenue, 2016 - 2026 (USD Billion)
FIG. 5 Porter’s Five Forces Analysis for Global Food Glazing Agents Market
FIG. 6 Global Food Glazing Agents Market Attractiveness, By Applications
FIG. 7 Global Food Glazing Agents Market Attractiveness, By Types
FIG. 8 Global Food Glazing Agents Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2019
FIG. 10 Global Food Glazing Agents Market Revenue Share, by Applications, 2019 & 2026
FIG. 11 Global Food Glazing Agents Market for Fruits & Vegetables, Revenue (USD Billion) 2016 - 2026
FIG. 12 Global Food Glazing Agents Market for Bakery Products, Revenue (USD Billion) 2016 - 2026
FIG. 13 Global Food Glazing Agents Market for Snacks & Nutritional Bars, Revenue (USD Billion) 2016 - 2026
FIG. 14 Global Food Glazing Agents Market for Meat & Poultry Products, Revenue (USD Billion) 2016 - 2026
FIG. 15 Global Food Glazing Agents Market for Confectioneries, Revenue (USD Billion) 2016 - 2026
FIG. 16 Global Food Glazing Agents Market for Ready-To-Eat Cereals, Revenue (USD Billion) 2016 - 2026
FIG. 17 Global Food Glazing Agents Market for Dairy Products, Revenue (USD Billion) 2016 - 2026
FIG. 18 Global Food Glazing Agents Market for Others, Revenue (USD Billion) 2016 - 2026
FIG. 19 Global Food Glazing Agents Market Revenue Share, by Types, 2019 & 2026
FIG. 20 Global Food Glazing Agents Market for Carnauba Wax, Revenue (USD Billion) 2016 - 2026
FIG. 21 Global Food Glazing Agents Market for Beeswax, Revenue (USD Billion) 2016 - 2026
FIG. 22 Global Food Glazing Agents Market for Shellac Petrolatum Or Petroleum Jelly, Revenue (USD Billion) 2016 - 2026
FIG. 23 Global Food Glazing Agents Market for Lanolin, Revenue (USD Billion) 2016 - 2026
FIG. 24 Global Food Glazing Agents Market for Stearic Acid Or Fatty Acid, Revenue (USD Billion) 2016 - 2026
FIG. 25 Global Food Glazing Agents Market Revenue Share, by Region, 2019 & 2026
FIG. 26 North America Food Glazing Agents Market Revenue, 2016 - 2026 (USD Billion)
FIG. 27 Europe Food Glazing Agents Market Revenue, 2016 - 2026 (USD Billion)
FIG. 28 Asia Pacific Food Glazing Agents Market Revenue, 2016 - 2026 (USD Billion)
FIG. 29 Latin America Food Glazing Agents Market Revenue, 2016 - 2026 (USD Billion)
FIG. 30 The Middle-East and Africa Food Glazing Agents Market Revenue, 2016 - 2026 (USD Billion)
FIG. 31 Wuhu Deli Foods Co., Ltd. Business Segment Revenue Share, 2018 (%)
FIG. 32 Wuhu Deli Foods Co., Ltd. Geographical Segment Revenue Share, 2018 (%)
List of Tables
TABLE 1 Global Food Glazing Agents Market: Snapshot
TABLE 2 Drivers of the Food Glazing Agents Market: Impact Analysis
TABLE 3 Restraints for the Food Glazing Agents Market: Impact Analysis
TABLE 4 Global Food Glazing Agents Market Revenue, by Region, 2016 – 2026 (USD Billion)
TABLE 5 North America Food Glazing Agents Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 6 North America Food Glazing Agents Market Revenue, by Applications, 2016 – 2026 (USD Billion)
TABLE 7 North America Food Glazing Agents Market Revenue, by Types, 2016 – 2026 (USD Billion)
TABLE 8 Europe Food Glazing Agents Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 9 Europe Food Glazing Agents Market Revenue, by Applications, 2016 – 2026 (USD Billion)
TABLE 10 Europe Food Glazing Agents Market Revenue, by Types, 2016 – 2026 (USD Billion)
TABLE 11 Asia Pacific Food Glazing Agents Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 12 Asia Pacific Food Glazing Agents Market Revenue, by Applications, 2016 – 2026 (USD Billion)
TABLE 13 Asia Pacific Food Glazing Agents Market Revenue, by Types, 2016 – 2026 (USD Billion)
TABLE 14 Latin America Food Glazing Agents Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 15 Latin America Food Glazing Agents Market Revenue, by Applications, 2016 – 2026 (USD Billion)
TABLE 16 Latin America Food Glazing Agents Market Revenue, by Types, 2016 – 2026 (USD Billion)
TABLE 17 The Middle-East and Africa Food Glazing Agents Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 18 The Middle-East and Africa Food Glazing Agents Market Revenue, by Applications, 2016 – 2026 (USD Billion)
TABLE 19 The Middle-East and Africa Food Glazing Agents Market Revenue, by Types, 2016 – 2026 (USD Billion)
Continuous variation in the food glazing agents is driving the global food glazing agents market growth. Major vendors in the global market are involved in continuous innovation in food glazing agents and substitute products launches may also enhance the global market.
According to Zion Market Research, global demand for food glazing agents market is expected to generate revenue of around USD 5.86 Billion by end of 2026, growing at a CAGR of around 9 % between 2020 and 2026.
Asia Pacific is the dominating region in the global food glazing agents market and is anticipated to grow at steady pace in the next few years. The market for food glazing agents is led by some emerging economies such as Australia, China, and Japan.
Some main participants of the food glazing agents market are Wuhu Deli Foods Co., Ltd., Entemann's Inc., Ningbo J&S Botanics Inc., and Mantrose-Haeuser Co., Inc. Other key players include Masterol Foods, Kerry Ingredients Limited, The Riverside Company, Hainan Zhongxin Wanguo Chemical Co., Ltd, Arla Foods, and Avatar Corporation among others.
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