Global Food Glazing Agents Market By Ingredient (Carnauba wax, Shellac, Candelilla wax, and Stearic Acid-Based Ingredient), By Function (Coating Agent, Surface Finishing Agents, Firming Agent, and Film Formers), By Application (Confectionery Sector, Bakery Products, Poultry and Fish, Fruit and Vegetables, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Food Glazing Agents Market Overview:

In 2021, the global food glazing agents market valuation was at USD 3,997.20 Million. It is expected to grow at an 8.6% CAGR between 2022 and 2032.

The market is expected to see a surge in demand for glazing agents and consumer attention toward texture and appearance in the future. Overall demand will rise due to increased demand for fish & chicken, processed meats, and functional foods. The industry will see an increase in food glazing agents used in confectionery and bakery products due to the increasing demand for custom-made food items.

Global Food Glazing Agents Market Scope:

Ingredient Analysis:

The Carnauba wax segment was the largest segment, with a revenue share of 25.4% in 2021. It is expected to maintain its dominance during the forecast period. This segment is expected to grow in popularity due to its role as a food-grade polish, and gelling agent in many food products and pharmaceutical pills. It can also be used as a thickener and solvent in oils.

Shellac was the second-largest ingredient. Shellac is dried flakes that are mixed with ethanol to make liquid shellac. It can be used in food glazing agents, wood finish, and as a paintbrush. Two of the most important countries that export shellac are India and Indonesia.

The segment of candelilla wax is expected to grow rapidly over the forecast period. Candelilla waxes come from the candelilla shrub, which is native to the southwestern United States and Northern Mexico. Candelilla wax is in high demand because of its ability to be used in cosmetics and food.

Over the forecast period, the segment of stearic acid-based ingredients is expected to grow at a faster rate. It is mainly used in diet supplements. It is expected that the market for food glazing will grow due to the increasing awareness of health issues.

Function Analysis:

The changing lifestyles have led to an increase in demand for confectionery and bakery products that can be used on many occasions. This will be the driving force behind the growing demand for coating agents.
Food coating agents are used to coat a product with liquids or solids in order to enhance its flavor and appearance.

Another name for food surface finishing agents is food additives, which are used to give food products a uniform texture and spice up their appearance, particularly in confectioneries and bakery products.

Over the forecast period, the firming agent’s segment will experience high growth. Food firming agents can be used to preserve residual pectin in food to ensure that it is firm during processing. These agents can also be used to extend the product’s lifecycle. It is expected that it will fuel the industry’s demand.

Filmmakers are those who are most closely associated with modernist cuisines like whipped cream, bread dough, and head-on beers. This segment is estimated to grow at an impressive CAGR over the forecast period. This is due to the increasing number of food industries around the world.

Application Analysis:

In 2021, the confectionery sector held a significant market share and this segment will continue to grow due to the increasing demand for custom confectionery products to suit different occasions and consumer needs.

To enhance the appearance of confectionery products, mainly pastries, cakes, and chocolates, manufacturers are now using glazing agents. They are expected to increase demand in the functional food and bakery applications segment.

The bakery was second in revenue share in 2021. This segment is expected to grow in popularity due to the changing lifestyles and increased consumption of packaged food items. For bakery products, food-glazing agents can only be used to create a perfect texture, shine, custom designs, and an enhanced taste.

The market penetration for fruits and vegetables is medium to high. Vendors are using food glazing agents to give fruits and vegetables a shiny appearance. Food glazing agents will be looking for opportunities in this segment. These agents also help preserve the freshness and quality of the product.

Кеу Маrkеt Ѕеgmеntѕ:

By Ingredient:

• Carnauba wax
• Shellac
• Candelilla wax
• Stearic Acid-Based Ingredient

By Function:

• Coating Agent
• Surface Finishing Agents
• Firming Agent
• Film Formers

By Applications:

• Confectionery Sector
• Bakery Products
• Poultry and Fish
• Fruit and Vegetables
• Other Applications

Market Dynamics:

The U.S. saw the carnauba wax sector dominate in 2021. It accounted for 24.3% of the revenue share. The segment growth is expected to be driven by growing demand for organic food products due to health concerns.

Food glazing agents can be also called polishing agents. They are applied to food products to give them a shiny, protected, and polished appearance. Both natural and artificial ingredients can be used to make food glazing agents. Organic ones are in high demand due to growing health concerns.

Market growth is expected to be boosted by-products with enhanced properties such as anti-sticking and binding, coating ability, film-forming, and film-forming. The latest technological innovation is the palm oil-based anti-sticking agent.

The raw material procurement process will be affected by regulatory interference. The U.S. Food & Drug Administration and European Food Safety Authority have strict regulations regarding food additives. The European Food Safety Authority stated that product labels must clearly identify the function of any additives in the final product or in the substance.

Regional Analysis:

Europe was the market leader in food glazing agents due to its high demand and high prices for bakery applications, as well as the strict regulatory framework. It accounts for 31% of revenue share in 2021.

Market growth will also be boosted by the development of existing units and the increasing number of food processing units. This market is dominated by Germany, Italy, the U.K., and France. They account for a large portion of the industry’s overall sales.

The Asia Pacific accounted for 29% of the total revenue share in 2021. Due to the shift in consumer preferences, developing economies in the Asia Pacific, including India and China, are expected to drive industry faster.

Market growth in the Asia Pacific is expected to be boosted by the expansion of the food and beverage industry. This can be attributed to the rapid industrialization of India and China. It has also led to an increase in purchasing power which will positively impact the sales of bakery products and confectionery foods.

Due to their higher purchasing power, confectionery items are always in high demand in developed countries, such as North America and Europe. Due to an increase in purchasing power per capita, confectionery food items are expected to be in high demand in developing countries like the Asia Pacific and Central & South America.

Кеу Regions and Countries covered in the rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Key Companies & Market share:

The majority of manufacturing companies are located in North America and Europe, while they also supply a variety of glazing products around the world. Master Foods and Zeelandia are just a few of the companies that have merged their operations. ADM is both involved in distribution and manufacturing.

Кеу Маrkеt Рlауеrѕ іnсludеd in the rероrt:

• Сароl GmbН
• Маntrоѕе Наеuѕеr
• Ѕtrаhl аnd Ріtѕсh Іnс.
• Вrіtіѕh Wах
• Маѕtеrоl Fооdѕ
• Ѕtеаrіnеrіе Dubоіѕ
• Роth Ніllе
• Коѕtеr Кеunеn
• Other Key Players

For the Food Glazing Agents Market research study, the following years have been considered to estimate the market size: