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Global Food Glazing Agents Market is segmented by Type (Stearic Acid, Candelilla Wax, Carnauba Wax, Beeswax, Shellac, and Others), By Application (Bakery, Confectionery, Processed Meat, Poultry and Seafood, Fruits & Vegetables, and Others), and Geography.
Fastest Growing Market:
The global food glazing agents Market is poised to grow at a CAGR of 8.5% during the forecast period 2020-2025.
Global Food Glazing Agents Market is segmented by type, application, and geography. On the basis of type, the market is segmented into Stearic Acid, Candelilla Wax, Carnauba Wax, Beeswax, Shellac, Others. On the basis of application, the market is segmented into Bakery, Confectionery, Processed Meat, Poultry and Seafood, Fruits & Vegetables, and Others. By geography, the study provides an analysis of the food glazing agents market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
|Processed Meat, Poultry and Seafood|
|Fruits & Vegetables|
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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, boosting the growth of the food glazing agents market. Rising consumer preference towards texture and appearance owing to confectionery and bakery consumption particularly in China, India, and Brazil may drive the food glazing agents market in the mentioned countries.
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Europe is an important region in the food glazing agents industry it leads the global industry, regarding revenue, due to the high prices and high demand for confectionery and bakery products. North America and Asia-Pacific also occupied significant market share in recent years. Due to the presence of developing nations, such as India and China, Asia-Pacific is growing at a faster rate. South America represents a growing market, as nations, such as Argentina and Brazil, are gaining prominence as raw material exporters. 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.
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The major players are expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market. Expansion is the most preferred growth strategy followed by new product developments in the global food glazing market. Additionally, acquisitions and partnerships are the two other strategies, followed by the companies to strengthen their market dominance. Some of the major players in the food glazing agents market, globally include Freudenberg Chemical Specialities SE & Co. KG, Mantrose-Haeuser Co., Inc., STEARINERIE DUBOIS, Royal Zeelandia Group BV, Masterol Foods, and Colorcon among others.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Stearic Acid
5.1.2 Candelilla Wax
5.1.3 Carnauba Wax
5.2 By Application
5.2.3 Processed Meat, Poultry and Seafood
5.2.4 Fruits & Vegetables
5.3.1 North America
220.127.116.11 United States
18.104.22.168 Rest of North America
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
5.3.3 Asia Pacific
188.8.131.52 Rest of Asia-Pacific
5.3.4 South America
184.108.40.206 Rest of South America
5.3.5 Middle East & Africa
220.127.116.11 South Africa
18.104.22.168 Saudi Arabia
22.214.171.124 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Position Analysis
6.4 Company Profiles
6.4.1 Freudenberg Chemical Specialities SE & Co. KG
6.4.2 Mantrose-Haeuser Co., Inc.
6.4.3 Masterol Foods
6.4.4 STEARINERIE DUBOIS
6.4.6 Royal Zeelandia Group BV
7. MARKET OPPORTUNITIES AND FUTURE TRENDS