The global food glazing agent market is anticipated to grow at a CAGR of 8.0% during the forecast period. The shifting consumption habits of consumers towards processed, ready-to-eat, packed food is expected to drive the market of food glazing agents. The rising trends for organic and vegan food products are generating new opportunities for innovation in the food glazing agents market. The seasonal variations on the availability and pricing of raw materials are the major restraining factors for the market growth. Additionally, the stringent government regulations for the usage of food glazing agents are another major challenging factor for the market growth.
Impact of COVID-19 Pandemic on Global Food Glazing Agent Market
The COVID-19 pandemic had significantly hindered the manufacturing of food glazing agents due to supply chain disruption of raw materials. However, as the lockdown restrictions eased, the market is expected to show a 'V' shaped recovery. Our team provides an in-depth analysis of the overall impact of the COVID-19 pandemic on the market.
Segmental Outlook
The global food glazing agent market is segmented based on the ingredient type and application. Based on the ingredient type, the market is segmented into stearic acid, beeswax, carnauba wax, candelilla wax, shellac, and others. Based on the application, the market is segmented into bakery & confectionery; processed meat, poultry & fish; fruits &vegetables; and others.
Global Food Glazing Agent Market Share by Application, 2020 (%)
The Bakery &Confectionery Segment Holds a Prominent Share in the Global Food Glazing Agent Market
Based on application, the bakery &confectionery segment holds a prominent share in the market as the food glazing agents are widely used in cakes, pastries, chocolate, and dragees for enhancing their appearance and extending their shelf life. The segmental growth is further attributed to the changing lifestyle of the people coupled with the increasing consumption of packaged, ready-to-eat food. In bakeries, food glazing agents are mainly used for improving texture, shine, design, and taste.
Regional Outlooks
The global food glazing agent market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, and Others), and the Rest of the World (the Middle East and Africa, and Latin America).The European region holds a prominent share in the global food glazing agent market.
Global Food Glazing Agent Market Growth by Region 2021-2027
Europe Holds a Prominent Share in the Global Food Glazing Agent Market
Europe holds a prominent share in the food glazing agent market. France, Italy, the UK, and Germany are the major contributing nations. The prices of confectionery and bakery products are high in the region which is the major factor for the high revenue generation from this region.
The Asia-Pacific is expected to grow at aconsiderable rate during the forecast period. India and China are the major contributing nations of the region. The rising purchasing power of consumers due to increasing per capita income is the major factor for the market growth in the Asia-Pacific region.
Market Players Outlook
Some of the major companies operating in the global food glazing agent market include Bausch & Lomb Inc., Carl Zeiss AG, Fielmann AG, Johnson & Johnson Services, Inc., Safilo Group S.p.A., Adidas AG, Luxottica Group S.p.A., Warby Parker, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global food glazing agent market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Rules & Regulations
2.2.3. Recommendations
2.2.4. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Archer-Daniels-Midland Co.
3.1.1.1 Overview
3.1.1.2 Financial Analysis
3.1.1.3 SWOT Analysis
3.1.1.4 Recent Developments
3.1.2. Mantrose-Haeuser Co., Inc.
3.1.1.5 Overview
3.1.1.6 Financial Analysis
3.1.1.7 SWOT Analysis
3.1.1.8 Recent Developments
3.1.3. Masterol Foods Pty. Ltd.
3.1.1.9 Overview
3.1.1.10 Financial Analysis
3.1.1.11 SWOT Analysis
3.1.1.12 Recent Developments
3.1.4. Kerry Group Plc
3.1.1.13 Overview
3.1.1.14 Financial Analysis
3.1.1.15 SWOT Analysis
3.1.1.16 Recent Developments
3.1.5. Arla Foods amba
3.1.1.17 Overview
3.1.1.18 Financial Analysis
3.1.1.19 SWOT Analysis
3.1.1.20 Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Food Glazing Agent Market by Ingredient Type
5.1.1. Stearic Acid
5.1.2. Beeswax
5.1.3. Carnauba Wax
5.1.4. Candelilla Wax
5.1.5. Shellac
5.1.6. Others (including Montan& Lanolin Wax)
5.2. Global Food Glazing Agent Market by Application
5.2.1. Bakery& Confectionary
5.2.2. Processed Meat, Poultry & Fish
5.2.3. Fruits & Vegetables
5.2.4. Others (including Dairy Products & Convenience Foods)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Archer-Daniels-Midland Co.
7.2. Arla Foods amba
7.3. AVATAR Corp.
7.4. BJ International
7.5. British Wax Ltd.
7.6. Capol GmbH
7.7. Carnaúba do Brasil
7.8. Colorcon
7.9. DuPont de Nemours, Inc.
7.10. Freudenberg Chemical Specialities SE & CO. KG
7.11. Kerry Group Plc
7.12. KosterKeunen inc.
7.13. Mantrose-Haeuser Co., Inc.
7.14. Masterol Foods Pty. Ltd.
7.15. Poth Hille& Co Ltd
7.16. Puratos
7.17. STEARINERIE DUBOIS
7.18. Strahl&Pitsch, Inc.
7.19. Stroever GmbH & Co. KG
7.20. Zeelandia Ltd.
1. GLOBAL FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2020-2027 ($ MILLION)
2. GLOBAL STEARIC ACID FOR FOOD GLAZING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL BEESWAX FOR FOOD GLAZING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL CARNAUBA WAX FOR FOOD GLAZING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL CANDELILLA WAX FOR FOOD GLAZING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL SHELLAC FOR FOOD GLAZING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL OTHER FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
9. GLOBAL BAKERY& CONFECTIONARY GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL PROCESSED MEAT, POULTRY & FISH GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBALFRUITS & VEGETABLES GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL GLAZING AGENT FOR OTHER APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
15. NORTH AMERICAN FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BYINGREDIENTTYPE, 2020-2027 ($ MILLION)
16. NORTH AMERICAN FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
17. EUROPEAN FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. EUROPEAN FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2020-2027 ($ MILLION)
19. EUROPEAN FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
20. ASIA-PACIFIC FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2020-2027 ($ MILLION)
22. ASIA-PACIFIC FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. REST OF THE WORLD FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY INGREDIENT TYPE, 2020-2027 ($ MILLION)
24. REST OF THE WORLD FOOD GLAZING AGENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
1. GLOBAL FOOD GLAZING AGENT MARKET SHARE BY INGREDIENT TYPE, 2020 VS 2027 (%)
2. GLOBAL STEARIC ACID FOR FOOD GLAZING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
3. GLOBAL BEESWAX FOR FOOD GLAZING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
4. GLOBAL CARNAUBA WAX FOR FOOD GLAZING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
5. GLOBAL CANDELILLA WAX FOR FOOD GLAZING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL SHELLAC FOR FOOD GLAZING MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL OTHER FOOD GLAZING AGENT MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL FOOD GLAZING AGENT MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
9. GLOBAL BAKERY& CONFECTIONARY MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL PROCESSED MEAT, POULTRY & FISH MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL FRUITS & VEGETABLES MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL OTHERS MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL FOOD GLAZING AGENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. US FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
15. CANADA FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
16. UK FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
17. FRANCE FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
18. GERMANY FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
19. ITALY FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
20. SPAIN FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
21. REST OF EUROPE FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
22. INDIA FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
23. CHINA FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
24. JAPAN FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
25. REST OF ASIA-PACIFIC FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)
26. REST OF THE WORLD FOOD GLAZING AGENT MARKET SIZE, 2020-2027 ($ MILLION)