According to a market report by Lucintel, the future of the food glazing agent market looks promising with opportunities in the bakery, confectionery, processed meat, poultry & fish, fruits & vegetables, and functional food application segments. The food glazing agent market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are increasing demand for glazing agents in bakery and confectionery and consumer awareness of food products’ appearance and texture.
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In this market, carnauba wax, candelilla wax, stearic acid, beeswax, shellac, and paraffin wax are the major ingredients that are used as food glazing agents. Carnauba wax is the largest ingredient segment of the food glazing agent market. Coating agents, surface finishing agents, firming agents, and film agents are the major function segments of the food glazing agent market.
Europe will remain the largest region over the forecast period due to high prices and high demand for confectionery & bakery sectors coupled with the stringent regulatory framework, rising number of food processing units, and development of existing units in the region.
Mantrose-Haeuser, Capol, Strahl & Pitsch, and Masterol Foods are among the major manufacturers of food glazing agents.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the food glazing agent market by ingredient, function, application, and region. Lucintel has prepared a comprehensive research report titled "Food Glazing Agent Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the food glazing agent market by ingredient, function, application, and region as follows:
By Ingredient [$M shipment analysis for 2013 – 2024]:
Carnauba Wax
Candelilla Wax
Stearic Acid
Beeswax
Shellac
Paraffin Wax
Others
By Function [$M shipment analysis for 2013 – 2024]:
Coating Agents
Surface Finishing Agents
Firming Agents
Film Agents
Other
By Application [$M shipment analysis for 2013 – 2024]:
Bakery
Confectionery
Processed Meat, Poultry and Fish
Fruits and Vegetables
Functional Foods
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Italy
Spain
Asia-Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/food-glazing-agent-market.aspx or helpdesk@lucintel.com.
About Lucintel
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