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Food Glazing Agent Market By Type (Stearic Acid, Candelilla Wax, Carnauba Wax, Beeswax, Shellac, and Other Types), By Function (Coating Agents, Surface-Finishing Agents, Firming Agents, Film Formers, Others), By Application (Bakery, Confectionery, Processed Meat, Poultry and Seafood, Fruits and Vegetables, and Others), Global Analysis to 2023


Published on: 2024-06-12 | No of Pages : 260 | Industry : Food and Beverages Research

Publisher : MIR | Format : PDF & Excel

Food Glazing Agent Market By Type (Stearic Acid, Candelilla Wax, Carnauba Wax, Beeswax, Shellac, and Other Types), By Function (Coating Agents, Surface-Finishing Agents, Firming Agents, Film Formers, Others), By Application (Bakery, Confectionery, Processed Meat, Poultry and Seafood, Fruits and Vegetables, and Others), Global Analysis to 2023

Food Glazing Agents Market Size And Forecast

According to the new report titled " Food Glazing Agent Market By Type (Stearic Acid, Candelilla Wax, Carnauba Wax, Beeswax, Shellac, and Other Types), By Function (Coating Agents, Surface-Finishing Agents, Firming Agents, Film Formers, Others), By Application (Bakery, Confectionery, Processed Meat, Poultry and Seafood, Fruits and Vegetables, and Others), Global Analysis to 2023",

The valuation of the  Food Glazing Agent market was $1.37 Billion in 2023 and is projected to reach $6.18 Billion by 2032, at a CAGR of 9.07% from 2021 to 2032.

The Food Glazing Agent Market was valued at $1.37 Billion by 2023 and expected to grow at CAGR of 9.07% over forecast period.  The Food Glazing Agent market refers to the industry segment involved in the production, distribution, and sale of food glazing agents. Food glazing agents are substances applied to the surface of food products to provide a glossy finish, improve appearance, prevent moisture loss, and prolong shelf life. These agents can be natural (such as beeswax, carnauba wax, shellac) or synthetic (such as polyethylene glycol, stearic acid derivatives).The market for food glazing agents is influenced by various factors including consumer demand for visually appealing food products, advancements in food processing technology, regulatory guidelines regarding food additives, and trends in food packaging and presentation. Companies operating in the food glazing agent market may specialize in the production of specific types of glazing agents, distribution of these agents to food manufacturers, or providing consulting services related to glazing agent formulation and application techniques.  The food glazing agent market plays a significant role in the food industry by enhancing the visual appeal and quality of a wide range of food products including confectionery, bakery items, fruits, vegetables, and meat products.

Coating Agents held the largest share in the Food Glazing Agent market

By Function (Coating Agents, Surface-Finishing Agents, Firming Agents, Film Formers, Others) where Coating Agents plays a crucial role in the Food Glazing Agent market. a coating agent refers to a substance or material used to create a protective layer or coating on the surface of food products. These coatings serve several purposes, including enhancing appearance, improving texture, providing a barrier against moisture and oxygen, and extending shelf life. Coating agents can be natural or synthetic and are applied to food items to achieve specific desired properties. Wax based coatings can include natural waxes like beeswax, carnauba wax, and shellac, as well as synthetic waxes such as paraffin wax and microcrystalline wax. Wax coatings are often used on fruits, vegetables, and confectionery items to enhance their appearance and protect them from moisture loss. Extracts from plant sources like gum arabic, cellulose derivatives, and starches can be used to create edible coatings on food products. These coatings can provide a natural barrier against moisture and oxygen while also enhancing the appearance of the food. Synthetic polymers such as polyethylene, polyvinyl acetate, and shellac derivatives are used to create durable and flexible coatings on food products. These coatings can provide a glossy finish and improve the texture of the food. Proteins like gelatin and casein are sometimes used as coating agents to create a thin film on the surface of food products. These coatings can improve the visual appeal and stability of the food item.

North America headed the Food Glazing Agent market in 2023

North American consumers are increasingly drawn to food products with attractive appearance and presentation. Food glazing agents provide a glossy finish that enhances the visual appeal of various items such as confectionery, fruits, and baked goods. As consumers become more conscious of the aesthetics of their food choices, the demand for glazing agents rises. The processed food industry in North America is expanding, driven by factors such as busy lifestyles, convenience, and increasing urbanization. Food glazing agents play a crucial role in maintaining the quality and appearance of processed foods, including snacks, ready-to-eat meals, and convenience foods, thereby fueling demand. Food manufacturers are continuously innovating to meet changing consumer preferences and market trends. This includes the development of new food products and formulations that require innovative glazing solutions to enhance their visual appeal and quality. As a result, the demand for food glazing agents is driven by ongoing product innovation and development efforts. Regulatory agencies in North America, such as the U.S. Food and Drug Administration (FDA) and Health Canada, set standards for the safety and use of food additives, including glazing agents. Compliance with these regulations is essential for manufacturers, contributing to the demand for approved and safe glazing agents in the region.

Key market players operating in the market that are profiled in the report are -Macphie, WUHU DELI FOODS, Poth Hille, British Wax, DuPont, Mantrose-Haeuser, Masterol Foods, AVATAR CORPORATION, Stearinerie Dubois etc.

Report Scope

REPORT ATTRIBUTES DETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Mantrose-Haeuser, Capol, Strahl & Pitsch, Masterol Foods, British Wax, Stearinerie Dubois, Poth Hille, Koster Keunen, BJ International, and Carnaba Do Brasil LTDA

SEGMENTS COVERED

By Type, By Function, By Application And By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Key Players -

  • Mantrose-Haeuser
  • Capol
  • Strahl & Pitsch
  • Masterol Foods
  • British Wax
  • Stearinerie Dubois
  • Poth Hille
  • Koster Keunen
  • BJ International
  • and Carnaba Do Brasil LTDA

Global Food Glazing Agents MarketSegmentation Analysis

The Global Food Glazing Agents Market is Segmented on the basis of Type, Function, Application, And Geography.

Food Glazing Agents Market, By Type

  • Stearic Acid
  • Beeswax
  • Carnauba Wax
  • Others

Based on Type, the market is bifurcated into Stearic Acid, Beeswax, Carnauba Wax, and Others. The Carnauba wax segment is expected to hold the largest market share. These factors can be attributed to the rising consumer demand for vegan and organic sources of food additives used in their food products.

Food Glazing Agents Market, By Function

  • Coating Agents
  • Surface Finishing Agents
  • Firming Agents
  • Film Agents
  • Others

Based on Function, the market is bifurcated into Coating Agents, Surface Finishing Agents, Firming Agents, Film Agents, and Others. Coating agents are predicted to hold the largest market share in the forecasted period due to the rising demand for bakery and confectionery products. Coating agents enhance their taste and appearance. Firming agents are likely to grow with the highest CAGR as they are used for extending the product lifecycle.

Food Glazing Agents Market, By Application

  • Bakery
  • Confectionery
  • Functional Foods
  • Others

Based on Application, the market is bifurcated into Bakery, Confectionery, Functional Foods, and Others. Functional foods are anticipated to grow with the highest CAGR. These factors can be credited to its health benefits in the overall development of the human body.

Food Glazing Agents Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Regional Analysis, The Global Food Glazing Agents Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share of the market will be dominated by the Asia Pacific owing to an upsurge in the demand for Food Glazing Agents due to the growing demand from different end-use applications.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Table of Content

1 INTRODUCTION OF GLOBAL FOOD GLAZING AGENTS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL FOOD GLAZING AGENTS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL FOOD GLAZING AGENTS MARKET, BY TYPE
5.1 Overview
5.2 Stearic Acid
5.3 Beeswax
5.4 Carnauba Wax
5.5 Others

6 GLOBAL FOOD GLAZING AGENTS MARKET, BY FUNCTION
6.1 Overview
6.2 Coating Agents
6.3 Surface Finishing Agents
6.4 Firming Agents
6.5 Film Agents
6.6 Others

7 GLOBAL FOOD GLAZING AGENTS MARKET, BY APPLICATION
7.1 Overview
7.2 Bakery
7.3 Confectionery
7.4 Functional Foods
7.5 Others

8 GLOBAL FOOD GLAZING AGENTS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Middle East and Africa
8.5.2 South America

9 GLOBAL FOOD GLAZING AGENTS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies

10 COMPANY PROFILES

10.1 Mantrose-Haeuser
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Capol
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 Strahl & Pitsch
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 Masterol Foods
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 British Wax
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Stearinerie Dubois
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Poth Hille
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Koster Keunen
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 BJ International
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 Carnaúba Do Brasil LTDA
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations

12 Appendix
12.1 Related Research

Key Players :-

  • Mantrose-Haeuser
  • Capol
  • Strahl & Pitsch
  • Masterol Foods
  • British Wax
  • Stearinerie Dubois
  • Poth Hille
  • Koster Keunen
  • BJ International
  • and Carnaba Do Brasil LTDA