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Food Glazing Agents Market: Key Trends and Growth Opportunities
The global food glazing agents market size is expected to reach USD 7.67 billion by 2030, registering a CAGR of 8.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. 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.
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.
Gather more insights about the market drivers, restrains and growth of the Food Glazing Agents Market
Food Glazing Agents Market Report Highlights
• Candelilla wax is also projected as the fastest-growing segment over the forecast period owing to its unique nature that drives consumers who are increasingly seeking clean-label products with transparent ingredient lists
• Confectionary was the leading application segment and accounted for over 12.1% of total market revenue in 2023. Glazing agents in confectionary are used for sugar items such as chocolates, dragees, candies and jellies to enhance their appearance.
• Europe was the leading regional market and accounted for 34.4% of global revenue in 2023. Asia Pacific is expected to develop at a faster pace in near future. This is on account of changing consumption behavior in emerging economies including China and India. The shift towards healthier & organic diets coupled with increasing disposable incomes is anticipated to impact the regional market.
Food Glazing Agents Market Segmentation
Grand View Research has segmented the global food glazing agents market based on Ingredients, function, application, and region:
Food Glazing Agents Ingredient Outlook (Revenue, USD Million, 2018 - 2030)
• Stearic Acid
• Beeswax
• Carnauba Wax
• Candelilla Wax
• Shellac
• Paraffin Wax
• Others
Food Glazing Agents Application Outlook (Revenue, USD Million, 2018 - 2030)
• Bakery
• Confectionery
• Processed Meat, Poultry, & Fish
• Functional Foods
• Others
Food Glazing Agents Function Outlook (Revenue, USD Million, 2018 - 2030)
• Coating Agent
• Surface-Finishing Agent
• Firming Agents
• Film Formers
• Others
Food Glazing Agents Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
o Australia
• Latin America
o Brazil
o Argentina
• Middle East and Africa (MEA)
o Saudi Arabia
Order a free sample PDF of the Food Glazing Agents Market Intelligence Study, published by Grand View Research.
#Food Glazing Agents Market#Food Glazing Agents Market Size#Food Glazing Agents Market Share#Food Glazing Agents Market Analysis#Food Glazing Agents Market Growth
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The global demand for natural wax was valued at USD 1125.5 million in 2022 and is expected to reach USD 1793.87 million in 2030, growing at a CAGR of 6.00% between 2023 and 2030.The natural wax market has experienced substantial growth in recent years, driven by rising consumer demand for sustainable and eco-friendly products. Derived from natural sources such as plants, animals, and minerals, natural waxes are increasingly used in various industries, including cosmetics, food, pharmaceuticals, and candles. This article explores the key drivers, trends, and future prospects of the natural wax market.
Browse the full report at https://www.credenceresearch.com/report/natural-wax-market
Market Overview
Natural waxes are complex mixtures of long-chain fatty acids and alcohols, which are solid at room temperature and melt upon heating. Common types of natural waxes include beeswax, carnauba wax, candelilla wax, soy wax, and palm wax. Each type of wax has unique properties that make it suitable for specific applications.
The global natural wax market has been growing steadily, driven by increasing awareness of the environmental impact of synthetic and petroleum-based products. Consumers are becoming more conscious of the ingredients in the products they use daily, leading to a shift towards natural and organic alternatives. This shift is particularly evident in the personal care and cosmetics industry, where natural waxes are favored for their skin-friendly and non-toxic properties.
Key Market Drivers
1. Rising Demand for Eco-Friendly Products: The growing environmental consciousness among consumers is a significant driver of the natural wax market. Consumers are seeking products that are not only effective but also have minimal environmental impact. Natural waxes, being biodegradable and renewable, align with these consumer preferences.
2. Increasing Use in Cosmetics and Personal Care: The cosmetics industry is one of the largest consumers of natural waxes. Waxes like beeswax and carnauba wax are commonly used in lipsticks, lotions, and other skincare products due to their emollient properties. The trend towards clean beauty, which emphasizes natural ingredients and sustainability, has further fueled the demand for natural waxes.
3. Growth in the Candle Industry: The candle industry is another major consumer of natural waxes, particularly soy and beeswax. These waxes are preferred over paraffin wax, which is derived from petroleum, due to their cleaner burn and lack of harmful emissions. The growing popularity of aromatherapy and wellness products has also contributed to the increasing demand for natural wax candles.
4. Food and Pharmaceutical Applications: Natural waxes are used in the food industry as coatings for fruits, vegetables, and confectionery, helping to preserve freshness and enhance appearance. In the pharmaceutical industry, they are used in the production of controlled-release drug formulations and as a base for ointments and creams.
Trends Shaping the Market
1. Innovation in Wax Blends: Manufacturers are focusing on developing innovative wax blends that combine the best properties of different natural waxes. These blends offer enhanced performance in terms of texture, stability, and application, catering to the specific needs of various industries.
2. Sustainability and Ethical Sourcing: Sustainability has become a crucial factor in the natural wax market. Consumers and companies alike are prioritizing products that are sustainably sourced and ethically produced. For example, there is a growing demand for fair-trade beeswax and sustainably harvested carnauba wax.
3. Rise of Vegan Waxes: The increasing popularity of vegan and cruelty-free products has led to a rise in demand for plant-based waxes like soy and candelilla wax. These waxes are favored by consumers who avoid animal-derived products, further driving market growth.
4. Regional Market Dynamics: The natural wax market exhibits varying dynamics across different regions. North America and Europe are leading markets due to high consumer awareness and demand for natural products. Meanwhile, the Asia-Pacific region is expected to witness significant growth, driven by rising disposable incomes and increasing adoption of natural ingredients in various industries.
Future Outlook
The future of the natural wax market looks promising, with continued growth expected across various sectors. The increasing consumer preference for natural and sustainable products will remain a key driver. Additionally, technological advancements in wax production and processing are likely to open new opportunities for market expansion.
However, challenges such as supply chain disruptions, fluctuations in raw material prices, and competition from synthetic waxes could impact market growth. To navigate these challenges, companies are likely to focus on innovation, sustainability, and expanding their product portfolios to meet the evolving demands of consumers.
Key Players
BASF SE
Altana AG
Sasol Ltd
Lubrizol Corporation
ExxonMobil Corporation
Wacker Chemie AG
Others
Segmentation
By Type of Natural Wax
Beeswax
Carnauba Wax
Soy Wax
Candelilla Wax
Jojoba Wax
Palm Wax
Bayberry Wax
By Application
Cosmetics and Personal Care
Pharmaceuticals
Food and Beverage
Candles
Polishes and Coatings
Adhesives and Sealants
Textiles and Paper
Traditional and Cultural Uses
By End-Use Industry
Manufacturing
Consumer Goods
Pharmaceutical and Healthcare
Automotive
Food and Beverage
Textiles and Paper
By Region
North America
The U.S.
Canada
Mexico
Europe
Germany
France
The U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Browse the full report at https://www.credenceresearch.com/report/natural-wax-market
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Food Glazing Agents Market Report 2023-2028, Industry Growth, Demand and Forecast
IMARC Group's report titled "Food Glazing Agents Market Report by Product Type (Stearic Acid, Beeswax, Carnauba Wax, Candelilla Wax, Shellac, and Others), Ingredient Function (Coating Agents, Surface-Finishing Agents, Firming Agents, Film Former, and Others), Application (Bakery and Confectionery, Fruits and Vegetables, Processed Meat, Poultry and Fish, and Others), and Region 2023-2028", The global food glazing agents market size reached US$ 4.21 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.51 Billion by 2028, exhibiting a growth rate (CAGR) of 7.20% during 2023-2028.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/food-glazing-agents-market/requestsample
Factors Affecting the Growth of the Food Glazing Agents Industry:
Rising Demand for Processed and Convenience Foods:
The increasing consumer inclination towards processed and convenience foods is impelling the market growth. There is a preference for ready-to-eat (RTE) and quick-to-prepare food products as lifestyles are becoming more hectic. Food glazing agents play a crucial role in enhancing the appearance and shelf-life of these products, making them more appealing to consumers. These agents provide a glossy finish, improve texture, and prevent moisture loss, thereby maintaining the quality of the food. In addition, the increasing consumption of bakery and confectionery items, which extensively use glazing agents, is supporting the market growth.
Innovation and Advancements in Food Coating Technologies:
Advancements in food coating technologies are propelling the market growth. The development of new and improved glazing agents, which cater to the evolving needs of the food and beverage (F&B) industry, is pivotal. These advancements are enhancing the aesthetic appeal of food products and improving their safety and shelf-life. Innovations include the development of natural and organic glazing agents, responding to the growing consumer demand for clean-label products. These innovations are crucial in sectors like bakery, confectionery, fruits, and vegetables. The ability to use these agents in various food applications, coupled with their functional benefits like moisture retention and barrier properties, is strengthening the market growth.
Stringent Food Safety Regulations:
The rising implementation of stringent food safety and quality regulations is contributing to the market growth. Regulatory bodies are increasingly scrutinizing food additives, including glazing agents, to ensure they meet safety standards and do not pose health risks to consumers. This regulatory landscape is prompting manufacturers to invest in high-quality, safe, and compliant glazing agents. Compliance with these regulations not only ensures consumer safety but also enhances the credibility and marketability of products. Furthermore, these regulations often necessitate the development of new, innovative, and safer glazing agents.
Leading Companies Operating in the Global Food Glazing Agents Industry:
Capol GmbH (Freudenberg & Co. KG)
Colorcon (Berwind Corporation)
Koster Keunen
Mantrose-Haeuser Co. Inc. (RPM International Inc.)
Masterol Foods Pty Ltd.
Poth Hille. & Co. Ltd.
Puratos, Stéarinerie Dubois
Strahl & Pitsch Inc.
The British Wax Refining Company Ltd
Food Glazing Agents Market Report Segmentation:
By Product Type:
Stearic Acid
Beeswax
Carnauba Wax
Candelilla Wax
Shellac
Others
Carnauba wax exhibits a clear dominance in the market owing to its superior gloss and natural properties.
By Ingredient Function:
Coating Agents
Surface-Finishing Agents
Firming Agents
Film Former
Others
Coating agents represent the largest segment, as they are essential for enhancing the appearance and shelf-life of a wide range of food products.
By Application:
Bakery and Confectionery
Fruits and Vegetables
Processed Meat, Poultry and Fish
Others
Bakery and confectionery hold the biggest market share attributed to the growing reliance on glazing agents to improve the visual appeal and texture of their products.
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Europe dominates the market due to the implementation of stringent food quality and safety regulations that promote the use of high-standard glazing agents.
Global Food Glazing Agents Market Trends:
The growing shift towards the use of natural and organic ingredients in glazing agents is offering a favorable market outlook. Consumers are becoming more health-conscious and aware about the ingredients in their food, leading to the preference for natural glazing agents derived from sources like beeswax, carnauba wax, and lanolin. Natural glazing agents are perceived as safer and more environment-friendly, aligning with the broader shift towards organic and clean-label products.
Besides this, the rising integration of advanced technology in the production of food glazing agents is bolstering the market growth. This includes encapsulation techniques which enhance the functionality of glazing agents, offering better protection and shelf-life extension for food products. These technological advancements allow for more precise application, reduced wastage, and improved consistency in the glazing process.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Natural Wax Market 2022 | Growth Strategies, Opportunity, Challenges, Rising Trends and Revenue Analysis 2030
The latest market report published by Credence Research, Inc. “Global Natural Wax Market: Growth, Future Prospects, and Competitive Analysis, 2022 – 2030. The global demand for natural wax was valued at USD 1125.5 million in 2022 and is expected to reach USD 1793.87 million in 2030, growing at a CAGR of 6.00% between 2023 and 2030.
Natural wax is a substance derived from various natural sources, primarily plants and animals. It is renowned for its diverse properties and applications, making it a valuable commodity in various industries. The most common sources of natural wax include beeswax, carnauba wax, soy wax, and palm wax.
Natural Wax Market Key Growth Trends are shaping the landscape of the industry, providing a promising outlook for both manufacturers and consumers. The increasing global demand for sustainable and environmentally friendly products has driven the market to witness substantial growth in recent years. With a rising awareness about the harmful effects of synthetic waxes, more and more consumers are turning towards naturally derived alternatives. This shift in preferences is primarily fueled by eco-consciousness and an inclination towards using organic materials that have minimal impact on nature. Moreover, natural waxes offer numerous benefits such as biodegradability, non-toxicity, and improved performance characteristics compared to their synthetic counterparts.
Key Applications
1. Cosmetics and Personal Care
Natural waxes are extensively used in cosmetics and personal care products. Beeswax, for instance, serves as a crucial ingredient in lip balms, creams, and lotions due to its moisturizing and emollient properties. Carnauba wax, known for its glossy finish, is a common component in lipsticks and mascaras.
2. Pharmaceuticals
In the pharmaceutical industry, natural wax is utilized to coat pills and capsules. This coating not only enhances the appearance of the medication but also controls the release of active ingredients, ensuring optimal efficacy.
3. Food and Beverage
Natural waxes find application in the food industry as well. They are used as food glazing agents to provide a glossy finish to confectionery products. Additionally, they serve as a protective coating for fruits to extend their shelf life.
4. Candles
One of the most well-known uses of natural wax is in candle making. Soy wax and beeswax candles, in particular, have gained popularity due to their clean-burning properties and sustainability.
Market Trends
1. Growing Demand for Sustainable Products
Consumers are increasingly inclined towards eco-friendly and sustainable products. Natural wax aligns perfectly with this trend, as it is renewable and biodegradable.
2. Rise of Vegan and Organic Cosmetics
The beauty industry is witnessing a surge in demand for vegan and organic cosmetics. Carnauba wax and soy wax are preferred choices in vegan formulations, contributing to the growth of the natural wax market.
3. Health-conscious Consumers
As health-conscious consumers seek safer alternatives, pharmaceutical companies are turning to natural waxes for their drug coatings, propelling market growth.
Market Dynamics
The natural wax market is characterized by its dynamic nature. Factors such as raw material availability, environmental regulations, and technological advancements significantly impact this industry.
Competitive Landscape
In the natural wax market, several key players dominate. These include:
Strahl & Pitsch Inc.: Renowned for its high-quality beeswax products, Strahl & Pitsch holds a strong position in the market.
KahlWax: A leading supplier of vegetable waxes, KahlWax specializes in products like carnauba and candelilla wax.
Clariant International AG: Known for its innovative approach, Clariant offers a wide range of specialty waxes catering to diverse industries.
Browse 245 pages report Natural Wax Market By Type of Natural Wax (Beeswax, Carnauba Wax, Soy Wax, Candelilla Wax, Jojoba Wax, Palm Wax, Bayberry Wax) By Application (Cosmetics and Personal Care, Pharmaceuticals, Food and Beverage, Candles, Polishes and Coatings, Adhesives and Sealants, Textiles and Paper, Traditional and Cultural Uses) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030 https://www.credenceresearch.com/report/natural-wax-market
List of the prominent players in the Natural Wax Market:
BASF SE
Altana AG
Sasol Ltd
Lubrizol Corporation
ExxonMobil Corporation
Wacker Chemie AG
Future Outlook
The natural wax market is poised for continued growth in the coming years. As sustainability becomes a focal point in various industries, the demand for natural waxes is expected to surge. Additionally, ongoing research and development efforts will likely lead to new applications and innovations in this field.
Conclusion
In conclusion, the natural wax market is a thriving sector with a promising future. Its widespread use in cosmetics, pharmaceuticals, food, and other industries underscores its versatility and significance. As businesses and consumers alike prioritize sustainability and natural ingredients, the natural wax market is well-positioned to flourish, offering numerous opportunities for growth and innovation.
Why to Buy This Report-
The report provides a qualitative as well as quantitative analysis of the global Natural Wax Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Natural Wax Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major player analysis, market growth strategies, and key application areas.
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Food Glazing Market Report Explored in Latest Research
According to a new report published by Allied Market Research, titled, “Food Glazing Agents Market by Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global food glazing agents market size was valued at $2,987.8 million in 2020, and is projected to reach $4,521.7 million by 2030, registering a CAGR of 4.3% from 2021 to 2030.
Food glazing agent is a type of food additive, which is applied to the outer layer of the food to give them a shiny appearance along with a protective coating to foods. In addition, food glazing agent acts as a sealant to prevent moisture loss, improve structure, and act as a lubricant. From the past few years, rise has been witnessed in the demand for glazing agents in the bakery and confectionery industry, owing to their various functional attributes such as they act as a coating agent and enhance texture. Thus, increase has been witnessed in the demand for food glazing agents to prepare bakery & confectionery products using food glazing agents such as cakes, pastries, and chocolates to enhance their appearance and extend their shelf life. This, in turn, is driving the growth of the food glazing agents market in terms of value sales.
Explore More @ https://www.alliedmarketresearch.com/food-glazing-agents-market-A13716
The outbreak of coronavirus has negatively impacted the food glazing industry along with all stages of supply chain and value chain. During the COVID-19 outbreak, declaration regarding the lockdown in various countries of the world affected the production of food & beverages sector. This, in turn, negatively impacted the food glazing agents market growth in terms of sales and revenue generation.
The global food glazing agents market is segmented into nature, product type, application, and region. By nature, the market is classified into organic and conventional. On the basis of product type, it is categorized into stearic acid, beeswax, candelilla wax, carnauba wax, shellac, and others. The applications covered in the study include bakery & confectionery; fruits & vegetables; processed meat, poultry, & fish; and others. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina, and rest of LAMEA).
Key Findings Of The Study
By nature, the conventional segment accounted for the highest share in 2020, growing at a CAGR of 3.9% from 2021 to 2030.
On the basis of product type, the others segment was the major share contributor in 2020, registering a CAGR of 3.9% from 2021 to 2030.
Depending on application, the bakery & confectionery garnered the highest market share in 2020, growing at a CAGR of 3.4% from 2021 to 2030.
Region wise, Europe occupied the maximum share in the market in 2020, and is expected to dominate during the food glazing agents market forecast period.
Companies can operate their business in the highly competitive market by launching new products or updated versions of existing products. Agreement with major stakeholders is expected to be a key strategy to sustain in the market. In the recent past, many leading players opted partnership strategy to strengthen their foothold in the market. To understand the key food glazing agents market trends, strategies of leading players are analyzed in the report. Some of the key players in the food glazing agents market analysis include British Wax Refining Company Ltd., Capol GmbH, Colorcon, Koster Keunen, Mantrose-Haeuser Co., Inc., Masterol Foods, Poth Hille & Co., Ltd., Puratos, Stearinerie Dubois, and Strahl & Pitsch, Inc.
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Candelilla Wax Market - Size, Share and Supply with Competitive Landscape 2019-2025
The Global Candelilla Wax Market Report is prepared to club all the essential market details such as market size, share, value, growth, restraints, challenges, and opportunities during the study period of 2019-2025. The data presented in this report has been gathered on the basis of historical data, primary interviews and expert's estimation of future trends. The report also covers regional assessment which has been conducted globally. The detailed content of the market study ensures intellectual insights given better understanding of the untapped opportunities in the market.
Access Full Report and Table of Contents @ https://www.decisiondatabases.com/ip/4016-candelilla-wax-industry-market-report
The following manufacturers are covered in this report:
Norevo
Arjun Beeswax Industries
Roger A. Reed
Hase Petroleum Wax Co
Spectrum Chemical
Paramold Manufacturing
Crystal
Poth Hille
Koster Keunen
International Group (IGI)
KahlWax
Candelilla Wax Breakdown Data by Type
Flakes
Pellets
Granular
Other
Candelilla Wax Breakdown Data by Application
Cosmetics
Ink
Waterproofing Agent
Paint
Adhesive
Other
Candelilla Wax Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Download Free Sample Report of Global Candelilla Wax Market @ https://www.decisiondatabases.com/contact/download-sample-4016
The study objectives are:
To analyze and research the global Candelilla Wax capacity, production, value, consumption, status and forecast;
To focus on the key Candelilla Wax manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Purchase Full Global Candelilla Wax Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-4016
Other Reports by DecisionDatabases.com:
United States Ceresine Wax Market Report 2017
United States Carnauba Wax Market Report 2017
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#Candelilla Wax Market#Candelilla Wax Market Report#Global Candelilla Wax Market#Candelilla Wax Market Forecast#Candelilla Wax Industry Report
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Food Glazing Agents Market Size, Share, Industry Growth, Trend, Challenges, Drivers and Restraint Research Report by 2026
The Global Food Glazing Agents Market Report provides an in-depth analysis of the market by assessing the growth trends, products, applications, end-user segment, historical data, and information obtained through interviews of industry experts. The global food glazing agents market was valued at USD 2.76 Billion in 2018 and is projected to grow at a CAGR of 8.8% from 2019 to reach USD 4.11 Billion by the year 2026. This market intelligence report includes a comprehensive evaluation of the market, discussing the value, volume, size, share, growth rate, key trends, demand & supply ratio, gross revenue, competitive landscape, regional analysis, manufacturers, product types, and end-user applications to give a 360° overview of the global Food Glazing Agents industry. The study provides key information pertaining to the different elements that are propelling or restraining the growth of the sector. It draws accurate forecasts to estimate the prospective growth of the overall business.
The leading companies engaged in the industry have been assessed by referring to authentically-sourced statistical information, facts & figures, prevailing expansion strategies adopted by the organizations, including Mantrose-Haeuser (U.S.), Capol (Germany), Strahl & Pitsch (U.S.), and Masterol Foods (Australia). The Riverside Company(United States), Masterol Foods, Wuhu Deli Foods Co., Ltd., Ningbo J&S Botanics Inc., AVATAR CORPORATION and Hainan Zhongxin Wanguo Chemical Co., Ltd
This document gives the latest information on the ongoing COVID-19 pandemic and its aftermath. The coronavirus pandemic has massively affected every aspect of the global industry and has resulted in various changes in the market scenario. The ever-evolving business landscape and the initial and future assessment of the impact are also examined in the report. The report discusses the significant aspects of the market and includes expert opinions on the current status, along with historical data.
Get a Sample Copy of the Food Glazing Agents Report @ https://www.reportsanddata.com/sample-enquiry-form/2498
Food Glazing Agents Market Competitive Landscape & Company Profiles
Report highlights the factors driving the growth of the market. The market has been segmented based on products, applications, key players, and leading regions in a detailed study for the forecast years. The leading products available in the Food Glazing Agents market have been categorized based on types and applications. These categories have been studied extensively to draw accurate estimations, by considering the high volatility of the sector both on regional and global levels. The market presence in leading regions has been examined, along with the product types and applications that contribute considerably to the overall market share.
Segmentation Analysis
Food Glazing Agents product types, applications, and leading regions are the major segments in this study. The report projects the growth rate of the leading market segments for the coming years by studying the current market scenario, past performance, demand and supply ratio, production & consumption, revenue, challenges, and growth opportunities in the market. The segmentation given in the study aims to help readers identify promising investment areas and help companies in formulating better business strategies to reach their desired goals. The regional analysis maps the regions of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, which have been outlined in detail to assess the overall market scenario.
Market Segmentation:
By Ingredient Type (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Stearic acid
Beeswax
Carnauba wax
Candelilla wax
Shellac
Paraffin wax
Others (montan and lanolin wax)
By Ingredient Function (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Coating agents
Surface finishing agents
Firming agents
Film agents
Others (binding agents and stabilizing agents)
By Application (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Bakery
Confectionery
Processed meat, poultry & fish
Fruits & vegetables
Functional foods
Others (dairy products & convenience foods
Regional Outlook (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
U.S
Canada
Germany
France
UK
Rest of Europe
China
India
Japan
Rest of Asia-Pacific
Brazil
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The report includes an extensive study of Food Glazing Agents manufacturers, strategic initiatives adopted by major companies, growth prospects, market position, and shares held by key participants to provide readers a comprehensive overview of the competitive landscape. The report also studies strategic initiatives undertaken by major companies in the market, including product launches, product innovation, and technological development, to strengthen their position in the market. It also studies notable business events, including collaborations, mergers and acquisitions, joint ventures, partnerships, and brand promotions.
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Key questions answered:
· Which of these regions – North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, dominates market share?
· What is the outcome of the COVID-19 Impact Analysis performed in the report?
· What are the revenue estimations for every region in the Food Glazing Agents market?
· What is the current market valuation of each region and the estimated market size by the end of the forecast period?
· What is the projected growth rate of the global Food Glazing Agents market?
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Food Glazing Agents Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027
Food Glazing Agents Market research report covers inclusive data on prevalent trends, drivers, growth opportunities, and restraints that can variation the market changing aspects of the global industry. This report provides an in-depth analysis of the market segmentation that contains products, applications, and geographical analysis. Global Food Glazing Agents market report delivers a close watch on leading participants with strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a complete overview of the industry conditions during the forecast period.
Report Coverage:
The research report of the defending coatings industry offers a inclusive analysis of existing companies that can affect the market outlook throughout the forthcoming years. In addition to that, it affords an accurate assessment by highlighting data on multiple aspects that may contain growth drivers, opportunities, trends, and hindrances. It also represents the overall: Food Glazing Agents market size from a global perception by analysing historical data and qualitative insights.
Food Glazing Agents Market is envisaged to record an expansion at the CAGR of 8.9% over the forecast period, 2022 – 2027.
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Major Players Operating in the: Food Glazing Agents Market:
BJ International, British Wax Ltd, Capol GmbH, Carnaúba Do Brasil, Koster Keunen, Mantrose UK Ltd., Masterol Foods Pty. Ltd., Poth Hille, Stéarinerie Dubois, Strahl & Pitsch, Inc
Food Glazing Agents Market Analysis:
The Food Glazing Agents market research report provides an in-depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. The segmentation chapters enable readers to understand aspects of the market such as its products, market size, manufacturer details, share, available technology, and applications. The research report also provides detailed information on new trends that may define the development of these segments in the coming years.
On the basis of types, the: Food Glazing Agents market is primarily split into
Stearic acid
Beeswax
Carnauba wax
Candelilla wax
Shellac
Paraffin wax
Others (montan and lanolin wax)
On the basis of applications, the: Food Glazing Agents market covers:
Bakery
Confectionery
Processed meat
Poultry & Fish
Fruits & vegetables
Functional foods
Others (dairy products & convenience foods)
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The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in Food Glazing Agents market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in Food Glazing Agents market.
Considering the Geographical Landscape of Food Glazing Agents market:
Food Glazing Agents Market report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities.
➤ North America (United States, Canada, and Mexico)
➤ Europe (UK, Germany, France, Russia, and Italy)
➤ Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
➤ South America (Brazil, Colombia, Argentina, etc.)
➤ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)
Research Methodology:
This report offers actionable growth insights and an extensive report comprising secondary research, primary interviews with industry stakeholders, competitors, validation, and triangulation with the Worldwide Market Reports regional database. Experts have detailed primary records with the market players across the value chain in all regions and industry experts to obtain qualitative and quantitative insights.
Key Benefits for: Food Glazing Agents Market Reports:
✦ What is the global sales value, production value, consumption value, import, and export of industry?
✦ Who are the global key manufacturers of Food Glazing Agents industry? What is their operating situation?
✦ What are Food Glazing Agents market opportunities and threats faced by the vendors in the global Food Glazing Agents Industry?
✦ Which application/end-user or product type may seek incremental growth prospects?
✦ What focused approach and constraints are holding the market?
✦ What are the different sales, marketing, and distribution channels in the global industry?
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Candelilla Wax Market Market Estimated to Flourish at by 2022–2027
Candelilla wax is obtained from secreted wax-coated small stems of plant named Euphorbia Cerifera. The wax is primarily extracted by treating boiled dilute sulphuric acid over wax coated stem of Euphorbia Cerifera. The derived wax is brittle and hard, aromatic, opaque to translucent and yellowish-brown in color. The plant traditionally was used to extract thick wax coating (Candelilla wax), which was originally used for making candles. Candelilla wax acts as an agent which prevents moisture loss and act as protector to skin. Thus it is found in various products such as massage bars, lotions, and moisturizers. The potential use of candelilla wax is to make barrier products or add texture and provide gloss & lubrication to products such as lip balms. Candelilla wax is also used as glazing agent and emulsifier in food products. It is used as a binder in chewing gums base. The commercial use of candelilla wax is identified for various products such as varnish (a protecting film used in wood finishing), cosmetic, polishes and waterproofing paper. Candelilla wax can be substituted for beeswax and spermaceti wax; this is due to consumer opting for vegan natural products in their daily cosmetic.
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Candelilla Wax Market: Dynamics
Candelilla wax is synthesized and have organic properties which provide more advantages over other wax such as beeswax, lanolin wax and spermaceti wax as they are responsible for harm to animals and their species. The demand for candelilla wax is growing owing to its application in cosmetic products; this is due to candelilla wax is easily absorbed into skin and is rich in nutrients. Moreover, it helps to stiffen the products such as lip balm, stick foundation, and eye-shadow without making them hard and thus, is a driving factor for the growth of candelilla wax market. Another factor for the growth of candelilla wax is that the ingredient has no concern attached to candelilla wax, it is non-toxic, non-irritant and is considered safe for use on skin. Owing to its consumption for the medicinal and cosmetic purpose for reducing the appearance of stretch marks and wrinkle is driving the demand for candelilla wax market. Another potential growth factor to candelilla wax market is its properties such as high melting point, chemical stability, and water repellency makes it useful in waterproofing compounds, liquids and pastes polish. Moreover, its exceptionally molding qualities which are capable of reproducing fine detailed work makes it superior precision casting wax
Candelilla Wax Market: Region wise Outlook
The global candelilla wax market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). The overall candelilla wax market is expected to grow at moderate CAGR due to regulation impact imposed over the extraction of candelilla wax from euphorbia cerifera. Latin America holds major share in the global candelilla wax market owing factors such as incorporating cutting edge technology in the supply, extraction, exploitation and refining, growth in R&D for application of candelilla wax, and expansion for cosmetic end use industries. Moreover, the regional institute of candelilla wax promotes the use of it in national and international market using various marketing programs developed by experts. The candelilla wax market in Europe and North America is expected to grow at healthy CAGR during the forecast period wherein growth of personal care industry boosts the global candelilla wax market. APEJ is estimated to grow at high CAGR during the forecast period due to many of the cosmetic industry players substituting candelilla wax with beeswax to provide consumer with vegan cosmetic products.
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Candelilla Wax Market Players
Strahl & Pitsch, Inc.
Norevo
Carmel Wax Inc.
Frank B. Ross Co., Inc.
Calwax
Kahl GmbH & CO.
Multiceras
The global woodworking machines market is highly fragmented due to the presence of large number of regional and global players. Regional players choose quality service and competitive pricing as their winning strategy over global players. In response to this, global players are largely involved in merger & acquisition and partnership activities in order to enhance their profitability margin and market share.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and Industry.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico, Brazil and Rest of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
Eastern Europe (Poland, Russia and Rest of Eastern Europe)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies
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Candelilla Wax Market: Segmentation
Based on form: Candelilla wax is segmented into
Powder, flakes and granules
Crude lump
Refined lump
Based on application: Candelilla wax is segmented into
Polishes
Lubricants
Chewing gum base
Cosmetics
Waterproofing paper
Pharmaceutical
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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Candelilla wax is a type of vegetable wax derived from shrubs or leafs of candelilla bush which is mainly found in the region of Arizona, Mexico, Texas and California region. It is used for hardening purpose by mixing it with other wax which acts as barrier agent that will avoids loss of moisture in personal care and cosmetics industry products.
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Candelilla wax is a type of vegetable wax derived from shrubs or leafs of candelilla bush which is mainly found in the region of Arizona, Mexico, Texas and California region. It is used for hardening purpose by mixing it with other wax which acts as barrier agent that will avoids loss of moisture in personal care and cosmetics industry products.
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Candelilla wax market is expected to growing at a growth rate of 8.30% in the forecast period 2020 to 2027. Increasing demand of vegan and plant based materials from cosmetics and personal care industry are the factor for the candelilla wax market in the forecast period of 2020- 2027.
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Food Glazing Agents Market Size, Share and Major Industry Players and Forecast to 2026
The Global Food Glazing Agents Market research report offers accurate insights for the growth prospects of the Food Glazing Agents market in the forecast years 2020-2027. The report is an all-inclusive study of the Food Glazing Agents market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.
Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic. The global public health emergency has disrupted the lives of everyone across the globe. It has also had a substantial impact on the Food Glazing Agents industry as global supply chains have been disrupted, and the financial scenario is tight. The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.
Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2498
Scope of the Market Report: The report offers a holistic overview of the Food Glazing Agents industry that offers all the essential information. Furthermore, the market is segmented into product types, applications, end-user industries, and regions. The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals. It also sheds light on the market size and analyzes the market position. Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
Mantrose-Haeuser (U.S.), Capol (Germany), Strahl & Pitsch (U.S.), and Masterol Foods (Australia). The Riverside Company(United States), Masterol Foods, Wuhu Deli Foods Co., Ltd., Ningbo J&S Botanics Inccand Hainan Zhongxin Wanguo Chemical Co., Ltd. .
For the purpose of this study, Reports and Data have segmented the Food glazing market on the basis of ingredient type, ingredient function, application and region:
By Ingredient Type (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Stearic acid
Beeswax
Carnauba wax
Candelilla wax
Shellac
Paraffin wax
Others (montan and lanolin wax)
By Ingredient Function (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Coating agents
Surface finishing agents
Firming agents
Film agents
Others (binding agents and stabilizing agents)
By Application (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Bakery
Confectionery
Processed meat, poultry & fish
Fruits & vegetables
Functional foods
Others (dairy products & convenience foods
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Additionally, the report covers an analysis of the key market regions where the market has substantial size and share. Along with the regions, the report also offers a country-wise analysis to enable better comprehension of the market competition. The key regions covered in the report are as follows:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Summary of the Report:
The report offers a growth estimate for 8 years along with a forecast for market valuation
A thorough qualitative and quantitative analysis of the Global Food Glazing Agents Market
Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis
Comprehensive study of the prominent players engaged in the market along with their product portfolio and business expansion strategies
Strategic recommendations for new entrants and established players
Extensive analysis of drivers, restraints, limitations, growth prospects and opportunities, and threats
In-depth regional analysis to offer a panoramic view of the Food Glazing Agents market along with a better understanding of the market’s competitive scenario
To read more about the report, visit @ https://www.reportsanddata.com/report-detail/food-glazing-agents-market
Thank you for reading our report. The customization of the report is available as per your research needs. Please get in touch with us, and our team will ensure you get the report tailored as per your requirements.
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#Food Glazing Agents Market#Food Glazing Agents Market trends#Food Glazing Agents Market size#Food Glazing Agents Market demand#Food Glazing Agents Market forecast
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Food Glazing Agents Market Growth, Analysis and Industry Forecast 2020-2027
The Global Food Glazing Agents Market research report offers accurate insights for the growth prospects of the Food Glazing Agents market in the forecast years 2020-2027. The report is an all-inclusive study of the Food Glazing Agents market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.
Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic. The global public health emergency has disrupted the lives of everyone across the globe. It has also had a substantial impact on the Food Glazing Agents industry as global supply chains have been disrupted, and the financial scenario is tight. The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.
Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2498
Scope of the Market Report: The report offers a holistic overview of the Food Glazing Agents industry that offers all the essential information. Furthermore, the market is segmented into product types, applications, end-user industries, and regions. The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals. It also sheds light on the market size and analyzes the market position. Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
Mantrose-Haeuser (U.S.), Capol (Germany), Strahl & Pitsch (U.S.), and Masterol Foods (Australia). The Riverside Company(United States), Masterol Foods, Wuhu Deli Foods Co., Ltd., Ningbo J&S Botanics Inccand Hainan Zhongxin Wanguo Chemical Co., Ltd. .
For the purpose of this study, Reports and Data have segmented the Food glazing market on the basis of ingredient type, ingredient function, application and region:
By Ingredient Type (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Stearic acid
Beeswax
Carnauba wax
Candelilla wax
Shellac
Paraffin wax
Others (montan and lanolin wax)
By Ingredient Function (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Coating agents
Surface finishing agents
Firming agents
Film agents
Others (binding agents and stabilizing agents)
By Application (Revenue, USD Million; 2019-2026, and Volume Kilo Tons-2026)
Bakery
Confectionery
Processed meat, poultry & fish
Fruits & vegetables
Functional foods
Others (dairy products & convenience foods
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/2498
Additionally, the report covers an analysis of the key market regions where the market has substantial size and share. Along with the regions, the report also offers a country-wise analysis to enable better comprehension of the market competition. The key regions covered in the report are as follows:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Summary of the Report:
The report offers a growth estimate for 8 years along with a forecast for market valuation
A thorough qualitative and quantitative analysis of the Global Food Glazing Agents Market
Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis
Comprehensive study of the prominent players engaged in the market along with their product portfolio and business expansion strategies
Strategic recommendations for new entrants and established players
Extensive analysis of drivers, restraints, limitations, growth prospects and opportunities, and threats
In-depth regional analysis to offer a panoramic view of the Food Glazing Agents market along with a better understanding of the market’s competitive scenario
To read more about the report, visit @ https://www.reportsanddata.com/report-detail/food-glazing-agents-market
Thank you for reading our report. The customization of the report is available as per your research needs. Please get in touch with us, and our team will ensure you get the report tailored as per your requirements.
Browse More Report:
Anti-Snoring Devices And Snoring Surgery Market Forecast 2027
Electroceuticals/Bioelectric Medicine Market Growth
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#Food Glazing Agents Market#Food Glazing Agents Market trends#Food Glazing Agents Market size#Food Glazing Agents Market growth
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Food Glazing Agents Market Analysis, Growth, COVID-19 Overview, Demand and Industry Forecast 2023
Food Glazing Agents Market Definition:
Food glazing agents have a wide application in food toppings at various bakery and confectionary products to improve the texture and appearance of cakes, biscuits, cookies, chocolates, toffees and other products. Growing consumer consciousness & their growing interest towards product appearance and texture, along with the numerous benefits of food glazing agents, the huge demand for food glazing agents will drive the market growth from 2017 to 2023.
Food glazing agents are considered to be natural or synthetic materials that provide a waxy, homogeneous, glazed texture to check water loss and impart protection. These ingredients are considered as a food additive which offers coating ability, binding capability and increases the visual appeal.
Food Glazing Agents Market Scenario and Key Factors:
With the growth in food additives industry coupled with huge demand for bakery and confectionary food products, food glazing agent industry is likely to propel with an exponential rate in the upcoming years. Key players are capitalizing more in area of R&D in order to achieve product innovation in terms of better functionality and diverse application. Such agents also play dual role as it helps preserve the food moisture content and also prevent it from microbial degradation, hence improving shelf life of the food product.
Likewise, with the development in the food additives market size and progression in the field of food technology coupled with the modernization and introduction of natural and organic products under the food glazing agent’s category has boosted the sales of food glazing agents. These elements have directed towards the acceptance of the food glazing agents for various food applications such as processed foods and convenience foods manufacturing industries, among others. Also, the mounting growth of processed meat and sea food is expected to be one of the vital factors for the rising growth of food glazing agents during the forecast period. Moreover, the increasing application of paraffin wax in the packaging and cosmetics industry is propelling the sales of food glazing agents.
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Food Glazing Agents Market Competitive Analysis:
The Major Manufacturers in the Global food glazing agents application industry are concentrating more towards improving their brand name through various promotional activities. The companies have been regularly participating at various social events, and consumer interaction. The manufacturers readily demonstrate their product range at various events & exhibitions in order to draw new customers. Additionally, the key players are focusing more towards research & development in order to come up with new and improved product.
The key players profiled in food glazing agents are Capol GmbH (Germany), Mantrose-Haeuser Co., Inc. (U.S.), Strahl & Pitsch (U.S.), British Wax (U.K), Masterol Foods (Australia), Stearinerie Dubois (France), and Koster Keunen (U.S.) among many others.
Market Segments:
Global COVID-19 analysis on food glazing agents market has been divided into source, type, application and Region
On the Basis of Source: Stearic Acid, Beeswax, Carnauba Wax, Candelilla Wax, Shellac, Paraffin Wax, and Others
On the Basis of Type: Coating Agents, Surface-Finishing Agents, Firming Agents, Film Formers, and Others
On the Basis of Application: Bakery, Confectionery, Processed Meat, Poultry & Fish, Fruits & Vegetables, Functional Foods, and Others
On the Basis of Region: North America, Europe, Asia Pacific, and Rest of the World
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Wine Chocolate Market Report Explored in Latest Research
According to a new report published by Allied Market Research, titled, “Food Glazing Agents by Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global food glazing agents market size was valued at $2,987.8 million in 2020, and is projected to reach $4,521.7 million by 2030, registering a CAGR of 4.3% from 2021 to 2030.
Top Key Players:-
British Wax Refining Company Ltd., Capol GmbH, Colorcon, Koster Keunen, Mantrose-Haeuser Co., Inc., Masterol Foods, Poth Hille & Co., Ltd., Puratos, Stearinerie Dubois, and Strahl & Pitsch, Inc.
Food glazing agent is a type of food additive, which is applied to the outer layer of the food to give them a shiny appearance along with a protective coating to foods. In addition, food glazing agent acts as a sealant to prevent moisture loss, improve structure, and act as a lubricant. From the past few years, rise has been witnessed in the demand for glazing agents in the bakery and confectionery industry, owing to their various functional attributes such as they act as a coating agent and enhance texture.
Thus, increase has been witnessed in the demand for food glazing agents to prepare bakery & confectionery products using food glazing agents such as cakes, pastries, and chocolates to enhance their appearance and extend their shelf life. This, in turn, is driving the growth of the food glazing agents market in terms of value sales.
Explore More Info @ https://www.alliedmarketresearch.com/food-glazing-agents-market-A13716
The outbreak of coronavirus has negatively impacted the food glazing industry along with all stages of supply chain and value chain. During the COVID-19 outbreak, declaration regarding the lockdown in various countries of the world affected the production of food & beverages sector. This, in turn, negatively impacted the food glazing agents market growth in terms of sales and revenue generation.
The global food glazing agents market is segmented into nature, product type, application, and region. By nature, the market is classified into organic and conventional. On the basis of product type, it is categorized into stearic acid, beeswax, candelilla wax, carnauba wax, shellac, and others.
The applications covered in the study include bakery & confectionery; fruits & vegetables; processed meat, poultry, & fish; and others. Region wise, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia & New Zealand, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina, and rest of LAMEA).
Key Findings Of The Study:-
By nature, the conventional segment accounted for the highest share in 2020, growing at a CAGR of 3.9% from 2021 to 2030.
On the basis of product type, the others segment was the major share contributor in 2020, registering a CAGR of 3.9% from 2021 to 2030.
Depending on application, the bakery & confectionery garnered the highest market share in 2020, growing at a CAGR of 3.4% from 2021 to 2030.
Region wise, Europe occupied the maximum share in the market in 2020, and is expected to dominate during the food glazing agents market forecast period.
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