Skip to main content

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 

Comments

Popular posts from this blog

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...

Triethylene Glycol (TEG) Market with Current Trends Analysis -2022

Increasing natural gas output is expected to be one of the key factors driving TEG demand over the forecast period. Rise in gas production is expected to have a two-fold impact on the TEG market providing abundant feedstock for TEG manufacture on the supply side and utilizing TEG for gas de-hydration on the demand side. Aforementioned factor is anticipated to augment market growth over the forecast period. The Global Triethylene Glycol (TEG) Market is expected to reach USD 718.3 million by 2022, according to a new study by Grand View Research, Inc. Use of TEG in natural gas dehydration accounted for over 55% of global TEG volume in 2014. The segment is also expected to witness fastest growth at an estimated CAGR of over 3.5% from 2015 to 2022. High consumption of TEG in natural gas dehydration can be attributed to growing demand from developed nations including Japan, U.S., EU, Russia and Qatar. Moreover, improving infrastructure for gas import, transport and utilization in ...

Specialty Ingredients Market Figures and Analytical Insights 2019 – 2022

Shift in consumer focus towards organic products coupled with growing demand for anti-ageing and environmental defense skin care products is expected to drive the global specialty ingredients market over the forecast period. The Global Specialty Ingredients Market is expected to reach USD 141.12 billion by 2022, according to a new report by Grand View Research, Inc. Increasing preference for healthy and nutritional diet and enhancing growth of high quality pharmaceutical drugs is also expected to have a positive influence on the market growth. Food and beverages dominated the global industry on account of high demand for various beverages, supplements and nutritional dietary products across the globe. Food & beverage industry is expected to experience advancement owing to increasing demand for organic items coupled with high-quality and customized requirements by population over the forecast period. Changing lifestyle has also enhanced preference for nutritional goods whic...