About Food Glazing Agents
Glazing agents produce a protective coating on the surface of a food product. Market players in the market are focusing on technological advancement. For instance, palm oil based anti-sticking glazing agent is gaining importance worldwide. In addition, increasing demand for processed, customized, and functional food item further propelling market demand. Moreover, in some of the developing economies the demand for confectionery food products is expected to grow significantly over the forecast period owing to increasing buying power per capita.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.3% |
The global glazing agents market is highly competitive. The market players within the global glazing agents market have become immensely focused on maintaining a regular inflow of revenues. The leading vendors in the global glazing agents market are expected to acquire smaller or defunct players in the years to come. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Glazing Agents market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mantrose-Haeuser Co., Inc. (United States), Capol GmbH (Germany), Strahl & Pitsch, Inc. (United States), Masterol Foods (Australia), The British Wax Refining Company Ltd (United Kingdom), Stéarinerie Dubois (France), Poth Hille & Co Ltd (United Kingdom), Koster Keunen, Inc. (United States), BJ International (India), Carnaúba Do Brasil LTDA (Brazil) and Fine Zeelandia Pvt Ltd (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Macphie Limited (United Kingdom) and Avatar Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Food Glazing Agents market by , Application (Bakery, Confectionery, Processed Meat, Poultry & Fish, Fruits & Vegetables, Functional Foods and Others [Dairy Products & Convenience Foods]) and Region.
On the basis of geography, the market of Food Glazing Agents has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Ingredient, the sub-segment i.e. Stearic Acid will boost the Food Glazing Agents market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredient Function, the sub-segment i.e. Coating Agents will boost the Food Glazing Agents market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Preference for Customized Food Products and Emergence of Palm Oil-Based Anti-Sticking Agent
Market Growth Drivers:
Growing Demand for Glazing Agents in the Food Industry and Increasing Consumer Awareness towards Texture and Appearance of Food Items
Challenges:
Insufficiency of Raw Material
Restraints:
Fluctuating Raw Material Prizes and Stringent Food Safety Regulations
Opportunities:
Rise in Demand for Functional Food and Processed Meat, Growing Applications in the Bakery and Confectionery Products and Increasing Demand in Emerging Economies
Market Leaders and their expansionary development strategies
In July 2022, DIC Corporation announced its wholly owned subsidiary DIC (China) Co., Ltd., wholly acquired Chinese coating resins manufacturer Guangdong TOD New Materials Co., Ltd. (also known as, Guandong Frontier New Materials Co., Ltd.) headquartered in Guangdong Province, China (hereafter, TODNM). The price of the acquisition is undisclosed.
In November 2021, Capol GmbH developed an innovative anti-sticking agent for gummies. The formulation enables a long shelf-life for confectionery coatings based on rapeseed and sunflower oil.
“According to the Japan External Trade Organization, labeling of additives, which are referred to by name that is widely used in general, may be done by such name, i.e., yeast food, gum base, Kansui (alkaline preparations for Chinese noodles), enzyme, glazing agent, flavoring agent, acidifiers, softener (used exclusively for chewing gum), seasoning, coagulant for tofu (soybean curd), bittering agent, emulsifier, pH control agent, and raising agent.”
Key Target Audience
Food Glazing Agent Manufacturers, Food Glazing Agents Distributors, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.