Food Glazing Agents Market - Growth, Trends, and Forecast (2020 - 2025)

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.

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

Europe

CAGR:

8.5 %

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Market Overview

The global food glazing agents Market is poised to grow at a CAGR of 8.5% during the forecast period 2020-2025.

  • The food glazing agents market is significantly influenced by two broad factors - an increase in the consumption of bakery and confectionery products and an increase in awareness among consumers regarding different foods. Both these factors are particularly prominent in the case of European and American countries.
  • Furthermore, the rise of urbanized and high-income consumers in these regions are cited as major reasons for these factors. The consumers are more concerned about attractiveness in bakery and confectionery products. These glazing agents are also used as a protective coating for food.

Scope of the report

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.

By Type
Stearic Acid
Candelilla Wax
Carnauba Wax
Beeswax
Shellac
Others
By Application
Bakery
Confectionery
Processed Meat, Poultry and Seafood
Fruits & Vegetables
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
Rest of Middle East & Africa

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Key Market Trends

Increased Consumption of Processed Food

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 Holds a Prominent Share

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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Competitive Landscape

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.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Stearic Acid

      2. 5.1.2 Candelilla Wax

      3. 5.1.3 Carnauba Wax

      4. 5.1.4 Beeswax

      5. 5.1.5 Shellac

      6. 5.1.6 Others

    2. 5.2 By Application

      1. 5.2.1 Bakery

      2. 5.2.2 Confectionery

      3. 5.2.3 Processed Meat, Poultry and Seafood

      4. 5.2.4 Fruits & Vegetables

      5. 5.2.5 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Position Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Freudenberg Chemical Specialities SE & Co. KG

      2. 6.4.2 Mantrose-Haeuser Co., Inc.

      3. 6.4.3 Masterol Foods

      4. 6.4.4 STEARINERIE DUBOIS

      5. 6.4.5 Macphie

      6. 6.4.6 Royal Zeelandia Group BV

      7. 6.4.7 Puratos

      8. 6.4.8 Colorcon

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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