Food Glazing Agents Market: Global Industry Analysis and Forecast (2024-2030)
Food Glazing Agents Market size was valued at USD 3.98 Bn. in 2023 and the total Food Glazing Agents Market size is expected to grow at a CAGR of 8 % from 2024 to 2030, reaching nearly USD 6.82 Bn. by 2030.
Format : PDF | Report ID : SMR_2023
Food Glazing Agents Market Overview
A food glazing agent is a substance used on surfaces to provide a waxy coating against water loss. Foods such as sweet and citrus fruits or even baked goods a protective cover and makes them shine. The glazing agent comes in two forms, natural and synthetic. This Functions 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 categorized on the basis of roles that they act as glazing agents, stabilizers, 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 appetizing visual appeal. In the confectionary industry, glazing agents are mainly used to coat hard-boiled candies and other types of candies.
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Food Glazing Agents Market Dynamics
The global food glazing Agents industry is growing due to an increase in the food processing industry. Due to a change in consumer preferences and nutritional habits, food producers consistently introduce innovative products. The various glazing agents available in the market help producers enhance porosity, increase consistency thus controlling dampness.
Increased Demand for Ready-to-Eat and Processed Food
The food glazing Agents market is mostly driven by the rising demand for food additives, which is also the main result of growing consumption of processed food that goes side-by-side with the food additives industry growth. As the trend towards organic and vegan foods continues to gain momentum, the need for food additives will also increase, and consequently, contribute to the expansion of the food glazing Agents market. One of the major factors propelling the food Glazing Agents market is the rising demand for convenience food and processed food like ready to eat, beverages and snacks along with frozen meals. These products contain food additives that are widely used to improve their fresh taste, color appearances and textures thereby maintaining product safety standards.
Stringent Regulations and Safety Concerns
Companies producing food additives are expected to follow strict guidelines regarding glazing agents in accordance with international standards. These regulations aim at ensuring that consumers are safe when they consume products which contain them. It also helps in preventing any adverse effects that may arise from consuming such products because of their components. Food manufacturers have to comply with all the rules put down by a regulatory authority.
Food Glazing Agents Market Segment Analysis:
Based on Ingredient Type, the market is segmented into stearic acid, beeswax Carnauba, candelilla wax, shellac, paraffin wax and others. Conversely, the period of prediction that is expected for Beeswax Carnauba was found to be the fastest growing segment.
Food Glazing Agents Market Regional Insights:
The high prices and high demand for confectionery and bakery products make Europe an important region that leads the global industry in terms of revenue from the food glazing Agents industry. The food glazing Agents industry in Europe is an important region that continues to help increase the growth of cakes and bakery products. In the past few years, many food processing units have come up in this region. Given the large population base with a potential consumer market, the United Kingdom remains a profitable market for food additives. Besides, the country is seeing quite a bit of development in terms of new product launches and innovations.
The largest and fastest growing food sweetener market in the entire European continent is Germany. Currently, consumption of sugar substitutes is rapidly increasing in the country due to consumer awareness and government regulations. Germany also has a large domestic production of bakery products due to higher consumption. The rising demand for bakery and confectionery industry in the country is catering to the growth of the German sweeteners market. Italy is considered as a bread-loving nation, and hence the demand for bakery and confectionery as a major consumer of food emulsifiers in the country. Dairy industry is also registering decent growth in consumption of food emulsifiers, thereby increasing the demand for food glazing agents.
Food Glazing Agents Market Competitive Landscape
- In December 2023, leading performance nutrition company Dymatize reunited with Dunkin' to introduce an incredible new product that combines the renowned flavor of Dunkin's Glazed Donut with the brand's award-winning, scientifically supported hydrolyzed whey protein isolate.
- In June 2023, Puratos US, a pioneer in the world of creative ingredients for bakeries, patisseries, and chocolate, revealed its ground-breaking ambitions to establish the country's first bakery glaze facility by 2025.
Food Glazing Agents Market Scope
Food Glazing Agents Market |
|
Market Size in 2023 |
USD 3.98 Bn. |
Market Size in 2030 |
USD 6.82 Bn. |
CAGR (2024-2030) |
8 % |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segments |
By Ingredient Type
|
By Functions
|
|
By Application
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Food Glazing Agents Market Key Players
- Colorcon (Berwind Corporation)
- koster keunen
- Mantroses-Haeuser Co. Inc.
- Puratos
- Stéarinerie Dubois
- Strahl & Pitsch Inc.
- The British Wax Refining Company Ltd
- Kerry Group
- Wuhu Deli Foods Co., Ltd.
- Arla Foods Ingredients Group P/S
- Macphie of Glenbervie Ltd.
- Zeelandia International B.V.
- Flo Chemical Corporation
- Ningbo Wanglong Technology Co., Ltd.
- AVATAR CORPORATION
- Carnaúba Do Brasil LTDA
- Orkla
- Arla Foods
- Troever GmbH & Co. KG
- XX Ltd
Frequently Asked Questions
Stringent Regulations and Safety Concerns are the restraint of Food Glazing Agents market.
Food Glazing Agents Market size was valued at USD 3.98 Billion in 2023 and the total Food Glazing Agents Market size is expected to grow at a CAGR of 8 % from 2024 to 2030, reaching nearly USD 6.82 Billion by 2030.
Segments Covered are based on by Ingredient Type, by Functions, by Application.
1. Food Glazing Agents Market: Research Methodology
1.1. Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market breakdown and Data Triangulation
1.4. Assumptions
2. Food Glazing Agents Market: Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3. Food Glazing Agents Market: Competitive Landscape
3.1. Stellar Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
3.4.4. Product Launches and Innovation
3.5. Food Glazing Agents Industry Ecosystem
3.5.1. Ecosystem Analysis
3.5.2. Role of the Companies in the Ecosystem
4. Food Glazing Agents Market: Dynamics
4.1. Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factors
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape
4.10.1. Market Regulation by Region
4.10.1.1. North America
4.10.1.2. Europe
4.10.1.3. Asia Pacific
4.10.1.4. Middle East and Africa
4.10.1.5. South America
4.10.2. Impact of Regulations on Market Dynamics
4.10.3. Government Schemes and Initiatives
5. Food Glazing Agents Market Size and Forecast by Segments (by Value USD Million and Volume in Tonnes)
5.1. Food Glazing Agents Market Size and Forecast, By Ingredient Type (2023-2030)
5.1.1. Stearic Acid
5.1.2. Beeswax Carnauba Wax
5.1.3. Candelilla Wax
5.1.4. Shellac
5.1.5. Others
5.2. Food Glazing Agents Market Size and Forecast, By Functions (2023-2030)
5.2.1. Coating Agents
5.2.2. Surface-Finishing Agents
5.2.3. Firming Agents
5.2.4. Film Former
5.2.5. Others
5.3. Food Glazing Agents Market Size and Forecast, By Application (2023-2030)
5.3.1. Bakery and Confectionery
5.3.2. Fruits and Vegetables
5.3.3. Processed Meat
5.3.4. Poultry and Fish
5.3.5. Others
5.4. Food Glazing Agents Market Size and Forecast, by Region (2023-2030)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East and Africa
5.4.5. South America
6. North America Food Glazing Agents Market Size and Forecast (by Value USD Million and Volume in Tonnes)
6.1. North America Food Glazing Agents Market Size and Forecast, By Ingredient Type (2023-2030)
6.1.1. Stearic Acid
6.1.2. Beeswax Carnauba Wax
6.1.3. Candelilla Wax
6.1.4. Shellac
6.1.5. Others
6.2. North America Food Glazing Agents Market Size and Forecast, By Functions (2023-2030)
6.2.1. Coating Agents
6.2.2. Surface-Finishing Agents
6.2.3. Firming Agents
6.2.4. Film Former
6.2.5. Others
6.3. North America Food Glazing Agents Market Size and Forecast, By Application (2023-2030)
6.3.1. Bakery and Confectionery
6.3.2. Fruits and Vegetables
6.3.3. Processed Meat
6.3.4. Poultry and Fish
6.3.5. Others
6.4. North America Food Glazing Agents Market Size and Forecast, by Country (2023-2030)
6.4.1. United States
6.4.2. Canada
6.4.3. Mexico
7. Europe Food Glazing Agents Market Size and Forecast (by Value USD Million and Volume in Tonnes)
7.1. Europe Food Glazing Agents Market Size and Forecast, By Ingredient Type (2023-2030)
7.2. Europe Food Glazing Agents Market Size and Forecast, By Functions (2023-2030)
7.3. Europe Food Glazing Agents Market Size and Forecast, By Application (2023-2030)
7.4. Europe Food Glazing Agents Market Size and Forecast, by Country (2023-2030)
7.4.1. UK
7.4.2. France
7.4.3. Germany
7.4.4. Italy
7.4.5. Spain
7.4.6. Sweden
7.4.7. Austria
7.4.8. Rest of Europe
8. Asia Pacific Food Glazing Agents Market Size and Forecast (by Value USD Million and Volume in Tonnes)
8.1. Asia Pacific Food Glazing Agents Market Size and Forecast, By Ingredient Type (2023-2030)
8.2. Asia Pacific Food Glazing Agents Market Size and Forecast, By Functions (2023-2030)
8.3. Asia Pacific Food Glazing Agents Market Size and Forecast, By Application (2023-2030)
8.4. Asia Pacific Food Glazing Agents Market Size and Forecast, by Country (2023-2030)
8.4.1. China
8.4.2. S Korea
8.4.3. Japan
8.4.4. India
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Malaysia
8.4.8. Vietnam
8.4.9. Taiwan
8.4.10. Bangladesh
8.4.11. Pakistan
8.4.12. Rest of Asia Pacific
9. Middle East and Africa Food Glazing Agents Market Size and Forecast (by Value USD Million and Volume in Tonnes)
9.1. Middle East and Africa Food Glazing Agents Market Size and Forecast, By Ingredient Type (2023-2030)
9.2. Middle East and Africa Food Glazing Agents Market Size and Forecast, By Functions (2023-2030)
9.3. Middle East and Africa Food Glazing Agents Market Size and Forecast, By Application (2023-2030)
9.4. Middle East and Africa Food Glazing Agents Market Size and Forecast, by Country (2023-2030)
9.4.1. South Africa
9.4.2. GCC
9.4.3. Egypt
9.4.4. Nigeria
9.4.5. Rest of ME&A
10. South America Food Glazing Agents Market Size and Forecast (by Value USD Million and Volume in Tonnes)
10.1. South America Food Glazing Agents Market Size and Forecast, By Ingredient Type (2023-2030)
10.2. South America Food Glazing Agents Market Size and Forecast, By Functions (2023-2030)
10.3. South America Food Glazing Agents Market Size and Forecast, By Application (2023-2030)
10.4. South America Food Glazing Agents Market Size and Forecast, by Country (2023-2030)
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
11. Company Profile: Key players
11.1. Colorcon (Berwind Corporation)
11.1.1. Company Overview
11.1.2. Product Portfolio
11.1.2.1. Product Name
11.1.2.2. Product Details (Price, Features, etc.)
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. koster keunen
11.3. Mantroses-Haeuser Co. Inc.
11.4. Puratos
11.5. Stéarinerie Dubois
11.6. Strahl & Pitsch Inc.
11.7. The British Wax Refining Company Ltd
11.8. Kerry Group
11.9. Wuhu Deli Foods Co., Ltd.
11.10. Arla Foods Ingredients Group P/S
11.11. Macphie of Glenbervie Ltd.
11.12. Zeelandia International B.V.
11.13. Flo Chemical Corporation
11.14. Ningbo Wanglong Technology Co., Ltd.
11.15. AVATAR CORPORATION
11.16. Carnaúba Do Brasil LTDA
11.17. Orkla
11.18. Arla Foods
11.19. Troever GmbH & Co. KG
11.20. XX Ltd
12. Key Findings
13. Industry Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook