Global Food Glazing Agents Market to Reach $4.48 Billion in 2023 and Projected to Hit $5.89 Billion by 2027

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Global Food Glazing Agents Market

Global Food Glazing Agents Market
Global Food Glazing Agents Market

Dublin, Oct. 24, 2023 (GLOBE NEWSWIRE) — The “Food Glazing Agents Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering.

The global food glazing agents market is set to experience substantial growth, with projected revenues of $4.48 billion in 2023, up from $4.16 billion in 2022, showcasing a remarkable compound annual growth rate (CAGR) of 7.6%. This positive trajectory is expected to continue, culminating in a market size of $5.89 billion by 2027, driven by a CAGR of 7.1%.

Key players in the food glazing agents market, including Mantrose-Haeuser Co. Inc., Capol GmbH, and Strahl & Pitsch Inc., are well-positioned to capitalize on this growth.

Reasons to Purchase

  1. Global Insights: Gain comprehensive insights into the market across 50+ geographies.
  2. COVID-19 Impact: Understand the market’s response to the pandemic as it diminishes.
  3. Geopolitical Factors: Assess the impact of the Russia-Ukraine war on agriculture, energy, mineral commodity supply, and its repercussions on the market.
  4. Inflation Impact: Measure the effects of high global inflation on market growth.
  5. Regional Strategies: Create informed strategies at the regional and country levels based on local data and analysis.
  6. Growth Segments: Identify promising growth segments for investment.
  7. Competitive Edge: Outperform competitors using forecast data and key market trends.
  8. Market Shares: Understand customer preferences based on the latest market shares.
  9. Performance Benchmarking: Compare performance against key competitors.
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A food glazing agent, a vital food additive, forms a protective, waxy coating on the surface of food products, enhancing their appearance and preserving moisture.

Diverse Applications

Food glazing agents find application across various sectors, including bakery, confectionery, processed meat, poultry and fish, fruits and vegetables, and functional foods.

Market Research Report

This comprehensive report provides detailed statistics on the food glazing agents market, encompassing global market size, regional shares, key competitors with market share, market segments, trends, and opportunities, equipping industry players with essential insights.

Product Innovation Drives Market

Innovative products, such as organic and customized glazing agents and anti-sticking agents, are gaining traction in the food glazing agents market. Leading companies are actively pursuing product innovation strategies to maintain their market positions.

Rising Demand for Ready-to-Eat Foods

The trend of consuming ready-to-eat meals is on the rise. Food glazing agents play a pivotal role in providing a glossy appearance and extending the shelf life of these convenient food products.

Asia-Pacific Leads the Way

In 2022, Asia-Pacific emerged as the dominant region in the food glazing agents market. The market report also covers Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Key Countries

Key countries featured in the report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

Bakery and Confectionery Consumption on the Rise

The growing consumption of bakery and confectionery products is a key driver of the food glazing agents market. As consumer preferences shift towards gourmet items, the use of glazing agents to provide a glossy finish and moisture protection gains prominence.

Market Value Definition

The market value represents revenues generated by enterprises from the sale of goods and/or services within the specified market and geography, including sales, grants, or donations, denominated in USD.

Geographical Revenues

Revenues for a specified geography refer to consumption values generated by organizations within the specified geography within the market, regardless of production location. It excludes revenues from resales along the supply chain.

Key Attributes:

Report Attribute Details
No. of Pages 250
Forecast Period 2023 – 2027
Estimated Market Value (USD) in 2023 $4.48 billion
Forecasted Market Value (USD) by 2027 $5.89 billion
Compound Annual Growth Rate 7.1%
Regions Covered Global

Key Topics Covered:

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
4.1. COVID-19 Impact On Food Glazing Agents Market
4.2. Ukraine-Russia War Impact On Food Glazing Agents Market
4.3. Impact Of High Inflation On Food Glazing Agents Market

5. Food Glazing Agents Market Size And Growth
5.1. Global Food Glazing Agents Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Food Glazing Agents Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Food Glazing Agents Market Segmentation
6.1. Global Food Glazing Agents Market, Segmentation By Ingredient Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

  • Stearic Acid
  • Carnauba Wax
  • Candelilla Wax
  • Shellac
  • Paraffin Wax
  • Other Ingredients

6.2. Global Food Glazing Agents Market, Segmentation By Ingredient Function, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

  • Coating Agents
  • Surface Finishing Agents
  • Firming Agents
  • Film Agents
  • Other Ingredient Functions

6.3. Global Food Glazing Agents Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

  • Bakery
  • Confectionery
  • Processed Meat, Poultry And Fish
  • Fruits And Vegetables
  • Functional Foods
  • Other Applications

7. Food Glazing Agents Market Regional And Country Analysis
7.1. Global Food Glazing Agents Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Food Glazing Agents Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/m7jljq

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