Food
Glazing Agents Market: Overview
In
present times, change in lifestyle and change in eating preferences
have influenced the additives market to a large extent. The due
importance to texture, taste, and appearance have led to the
increased use of glazing agents in several types of food.
Food
glazing agents are also useful for packed fruits, functional foods,
and vegetables. The multitude of uses of these products is the main
reason for their application across several end users.
The
food
glazing agents market can be analyzed with respect to ingredient
type, application, ingredient function, and region.
Food
Glazing Agents Market: Trends and Opportunities
The
growth of the food additives industry combined with the increased
consumption of processed food is primarily driving the global food
glazing agents market. Moreover, the increasing demand for organic
and vegan foods is expected to drive the demand for food additives,
which in turn, will favor the growth of the food glazing agents
market.
Carnauba
wax stood as the dominant ingredient type segment in the recent past.
This is due to its manifold use for preparing glazing agents that are
used in confectionery and bakery applications. Among other
ingredients, stearic acid also contributed substantial revenue to the
food glazing agents market in the recent past. This is due to the
increasing use of stearic acid in personal care and cosmetics and
detergent industry.
Paraffin
wax displayed a significant size in the market in the recent past.
The increasing application scope of paraffin wax in packaging,
cosmetics, and candle industry is expected to drive demand for this
ingredient type segment.
Coating
based additives led the ingredient function segment of the global
food glazing agents market in the recent past. The surface-finishing
ingredient segment is expected to display a significant growth rate
translating into substantial gains for the segment
The
confectionery application segment led the overall market in the
recent past and is expected to display a substantial growth rate in
the near future. The increasing consumption of canned fruits and
vegetables and canned sea foods is expected present growth
opportunities for the food glazing agents market.
The
growing population combined with the increasing per-capita spending
in India and China is expected to propel growth of the APAC
confectionery market. The highly competitive confectionery market in
EU is expected to present extensive demand for food glazing agents in
the years to come.
Food
Glazing Agents Market: Regional Overview
The
food glazing agents market can be broadly divided into the regional
markets of North America, Europe, Asia Pacific, and Rest of the
World. The Europe regional market for food glazing agents, primarily
driven by Italy, Germany, the U.K., and France held a significant
share of the global market in 2015.
The
Asia Pacific food glazing agents market is largely driven by the
processed meat industry in China and India. Changing lifestyle due to
rising disposable income and nuclear family setups where both the
partners are working is driving the demand for processed meat, which
is indirectly supporting the food glazing agents industry.
Major
Companies Mentioned in Report
Some
of the leading companies in the global food glazing agents market
include Masterol, Capol GmbH, Koster Keunen, Poth Hile, British Wax,
and Strahl & Pitsch. Some other participants in this market
include DuPont, Avatar Corporation, Wuhu Deli, Ningbo J& S
Botanics, Zeelandia, ADM, Kerry Group, and Stoever Schellack Bremen.
No comments:
Post a Comment