Food Glazing Agents Market Analysis Forecast-2021
The Global Food Glazing Agents Market was worth USD 2.4 billion in 2016 and estimated to be growing at a CAGR of 8.8%, to reach USD 3.66 billion by 2021.
The Global Food Glazing Agents Market was worth USD 2.4 billion in 2016 and estimated to be growing at a CAGR of 8.8%, to reach USD 3.66 billion by 2021.
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North America Antivenom <strong>Market</strong> Report 2016 - <strong>Forecast</strong>s to <strong>2021</strong><br />
The North America <strong>Food</strong> <strong>Glazing</strong> <strong>Agents</strong> <strong>Market</strong> was worth USD 0.62 billion in 2016 and<br />
estimated to be growing at a CAGR of 8.08%, to reach USD 0.92 billion by <strong>2021</strong>. <strong>Food</strong><br />
glazing agents market is growing with respect to the growth in the additives market and it is<br />
a field subject to innovation as new natural and organic glazing agents are coming to the<br />
fore. <strong>Food</strong> glazing agents are natural or synthetic substances added to food to provide a<br />
waxy homogenous, glazed texture to reduce water loss and impart basic protection. In<br />
short, they provide coating ability, binding capability and improves visual appeal.<br />
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The food glazing agents are used as food toppings in various bakery and confectionary<br />
products to achieve a better texture on the product and to improve the appearance of<br />
cakes, biscuits, candies, toffees etc. In the export industry, as well food glazing finds<br />
applications for coating fruits and vegetables thereby preserving its freshness and value.<br />
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The size of the North American food glazing agents market is increasing with increasing<br />
interest in the appearance and texture of foods along with the multitude of benefits that food<br />
glazing agents provide. These factors are expected to drive the market growth from 2016 to<br />
<strong>2021</strong>. Additionally, the growth of the food additive market and the advances in the<br />
technological front have boosted the market growth. Innovation and introduction of new<br />
natural and synthetic products has boosted the sales of glazing agents. Latest trends in the<br />
processed meat and seafood industry also has indirectly driven the market for glazing food<br />
agents. As for the constraints of the market, the main factor pegging back the growth of the<br />
market is the consumer self-awareness about lifestyle. Current lifestyle changes point to a<br />
specific limit of calorie intake and food glazing agents tend to stretch the limit on its own.<br />
Finding the right balance of stability and protection in a glazing agent is also another<br />
challenge.<br />
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<strong>Food</strong>-<strong>Glazing</strong>-<strong>Agents</strong>-<strong>Market</strong>-2892/inquire<br />
The North America <strong>Food</strong> <strong>Glazing</strong> agents market is broadly classified into Stearic Acid,<br />
Beeswax, Carnauba wax, Candelilla wax, Shellac, Paraffin wax and others based on<br />
ingredient type. Furthermore, based on ingredient function they are classified into Coating<br />
<strong>Agents</strong>, Surface-Finishing <strong>Agents</strong>, Firming <strong>Agents</strong>, Film Formers and others. Based on<br />
application, they are classified into Bakery, Confectionary, Processed meat, poultry and<br />
fish, Fruits & Vegetables and others. Based on geography, the North America market is<br />
analysed as USA and Canada. North America was the second largest global market in 2016<br />
with around 25% of the total market revenue. The region is expected to show only a steady<br />
growth in terms of demand owing to the growing health concern and increasing consumer<br />
awareness about the food contents. The region inspite of having a major market share has<br />
the lowest CAGR of all the regions coming in at 8.08% as compared to the global rate of<br />
8.8%.
Some of the major companies dominating the market, by their products and services include Mantrose-<br />
Haeuser Co. Inc., Capol GmbH, Kerry Ingredients Limited, Entemann's Inc., Arla <strong>Food</strong>s, The Riverside<br />
Company, Masterol <strong>Food</strong>s, Wuhu Deli <strong>Food</strong>s Co., Ltd., Ningbo J&S Botanics Inc., AVATAR CORPORATION,<br />
Strahl and Pitsch, Inc. and Hainan Zhongxin Wanguo Chemical Co., Ltd among others.<br />
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