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Food Glazing Agents Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Mantrose-Haeuser Co. Inc., Capol GmbH, Strahl & Pitsch Inc., Masterol Foods Pty. Ltd., The British Wax Refining Company Ltd
Food Glazing Agents Global Market Report
The Business Research Company's Food Glazing Agents Global Market Report 2023 identifies the increase in bakery and confectionery consumption is expected to propel the growth of the food glazing agents market. A bakery goods are items made from flour, such as bread, cookies, cakes, pastries, and pies. Confectionery products include sweet foods and products. Bakery and confectionery products are becoming more popular as consumers' tastes in gourmet goods and eating habits change. Glazing agents are typically used to seal the surface of the bakery product and provide a glossy appearance when the product is not completely coated with icing and to serve as a barrier between the relatively high-moisture bakery product and the relatively low-moisture icing.
The global food glazing agents market is expected to grow from $4.16 billion in 2022 to $4.48 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The food glazing agents market is expected to grow to $5.89 billion in 2027 at a CAGR of 7.1%.
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Major players in the food glazing agents market are Mantrose-Haeuser Co. Inc., Capol GmbH, Strahl & Pitsch Inc., Masterol Foods Pty. Ltd., The British Wax Refining Company Ltd., STEARINERIE DUBOIS, Poth Hille & Co. Ltd., Koster Keunen Inc., BJ AGRICOM, Avatar Corporation, ADM, Colorcon Inc., Freudenberg Chemical Specialities SE & Co. KG, Macphie Ltd., and Puratos.
A key trend in the Food Glazing Agents market includes the Product innovations are the key trend gaining popularity in the food glazing agents market. Major companies operating in the market are developing innovative products with characteristics such as organic, customized glazing agents and anti-sticking agents to sustain their position in the market.
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The Food Glazing Agents market is segmented -
1) By Ingredient Type: Stearic Acid, Carnauba Wax, Candelilla Wax, Shellac, Paraffin Wax, Other Ingredients
2) By Ingredient Function: Coating Agents, Surface Finishing Agents, Firming Agents, Film Agents, Other Ingredient Functions
3) By Application: Bakery, Confectionery, Processed Meat, Poultry And Fish, Fruits And Vegetables, Functional Foods, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Food Glazing Agents market.
The Business Research Company's "Global Food Glazing Agents Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Food Glazing Agents Market Include:
1. Executive Summary
2. Food Glazing Agents Market Characteristics
3. Food Glazing Agents Market Trends And Strategies
4. Food Glazing Agents Market - Macro Economic Scenario
5. Food Glazing Agents Market Size And Growth
……
27. Food Glazing Agents Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Food Glazing Agents Market
29. Food Glazing Agents Market Future Outlook and Potential Analysis
30. Appendix
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