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Food Glazing Agents Market Poised for Steady Growth in the Future

The increasing consumption of the processed and convenience items is expected to drive the industry in the near future. Food items with perfect colorful texture and attractive appearance are also expected to fuel industry growth over the forecast period.

The Global Food Glazing Agents Market is expected to reach USD 5.24 billion by 2024, according to a new report by Grand View Research, Inc.


Manufacturers have been providing customized glazing agents in accordance with the client requirements in stipulated time frames. This has been possible in the business on account of the technological advancement coupled with the development of enhanced ingredients.

Technological developments in the processing of these agents have therefore established as an important factor in changing the business process. Carnauba wax was the leading product segment and accounted for 23.2% of total market revenue in 2015. It is used for preparing glazing agents in confectionary and bakery application areas. It is also expected to witness the highest growth of 8.9% from 2016 to 2024. 

Coating agent was the leading function and accounted for over 35% of total market revenue in 2015. Surface finishing agent is expected to witness the highest growth of 8.6% over the forecast period. The shift in consumer focus towards attractive designs, texture, quality and overall appearance is expected to drive this segment over the forecast period.

To Know More About Food Glazing Agents Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/food-glazing-agents-market 

Confectionary was the leading application segment and accounted for over 30% of total market revenue in 2015. Glazing agents in confectionary are used for sugar items such as chocolates, dragees, candies and jellies to enhance their appearance. Functional foods are expected to witness the highest growth of 8.7% over the forecast period.

Top Players of Food Glazing Agents Market:

Some of the companies operating in the market include Zeelandia, Avatar Corporation, ADM, Kerry Group, Wuhu Deli Foods Co. Ltd, Stoever Schellack Bremen (SSB) and Ningbo J&S Botanics Inc.

Market Segmentation of Food Glazing Agents Market:

The Food Glazing Agents Market segmented on the basis of Ingredient, Function, Application and Region.

By Ingredient:

Stearic Acid
Beeswax
Carnauba Wax
Candelilla Wax
Shellac
Paraffin Wax

By Function:

Coating Agent
Surface-Finishing Agent
Firming Agent
Film Former

By Application:

Bakery
Confectionery
Processed Meat, Poultry & Fish
Fruits & Vegetables
Functional Food

Inquire about Food Glazing Agents Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2936/ibb 
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