Glazing agents produce a protective coating on the surface of a food product. Market players in the market are focusing on technological advancement. For instance, palm oil based anti-sticking glazing agent is gaining importance worldwide. In addition, increasing demand for processed, customized, and functional food item further propelling market demand. Moreover, in some of the developing economies the demand for confectionery food products is expected to grow significantly over the forecast period owing to increasing buying power per capita.According to AMA, the market for Food Glazing Agents is expected to register a CAGR of 8.3% during the forecast period to 2024. This growth is primarily driven by Growing Demand for Glazing Agents in the Food Industry and Increasing Consumer Awareness towards Texture and Appearance of Food Items.
Globally, a noticeable market trend is evident Growing Preference for Customized Food Products
. Major Vendors, such as Mantrose-Haeuser Co., Inc. (United States), Capol GmbH (Germany), Strahl & Pitsch, Inc. (United States), Masterol Foods (Australia), The British Wax Refining Company Ltd (United Kingdom), Stéarinerie Dubois (France), Poth Hille & Co Ltd (United Kingdom), Koster Keunen, Inc. (United States), BJ International (India), Carnaúba Do Brasil LTDA (Brazil) and Fine Zeelandia Pvt Ltd (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
Food Glazing Agents Manufacturers, Research Institutions, Raw Material Suppliers, Government Bodies, Distributors, End Users and Others
“According to the Japan External Trade Organization, labeling of additives, which are referred to by name that is widely used in general, may be done by such name, i.e., yeast food, gum base, Kansui (alkaline preparations for Chinese noodles), enzyme, glazing agent, flavoring agent, acidifiers, softener (used exclusively for chewing gum), seasoning, coagulant for tofu (soybean curd), bittering agent, emulsifier, pH control agent, and raising agent.”
- Growing Demand for Glazing Agents in the Food Industry
- Increasing Consumer Awareness towards Texture and Appearance of Food Items
- Growing Preference for Customized Food Products
- Emergence of Palm Oil-Based Anti-Sticking Agent
- Fluctuating Raw Material Prizes
- Stringent Food Safety Regulations
Rise in Demand for Functional Food and Processed Meat, Growing Applications in the Bakery and Confectionery Products and Increasing Demand in Emerging Economies
Insufficiency of Raw Material
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