Global Food Glazing Agents Market:
The global food glazing agents market size reached US$ 4.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.48% during 2024-2032. The increasing expenditure capacities of consumers and the growing focus on improving the shelf life of food products are stimulating the market growth.
Report Attribute
|
Key Statistics
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Base Year
|
2023 |
Forecast Years
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2024-2032
|
Historical Years
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2018-2023
|
Market Size in 2023 |
US$ 4.5 Billion |
Market Forecast in 2032 |
US$ 7.9 Billion |
Market Growth Rate (2024-2032) |
6.48% |
Food Glazing Agents Market Analysis:
- Major Market Drivers: The growing adoption of convenience food products is acting as a significant growth-inducing factor in the market.
- Key Market Trends: The rising concerns over food safety and quality and the widespread usage of plant-based items due to the increasing consciousness among individuals regarding the use of synthetic ingredients in food products are positively impacting the market growth.
- Competitive Landscape: Some of the prominent companies in the market include Capol GmbH (Freudenberg & Co. KG), Colorcon (Berwind Corporation), Koster Keunen, Mantrose-Haeuser Co. Inc. (RPM International Inc.), Masterol Foods Pty Ltd., Poth Hille. & Co. Ltd., Puratos, Stéarinerie Dubois, Strahl & Pitsch Inc., and The British Wax Refining Company Ltd, among many others.
- Geographical Trends: Europe exhibits a clear dominance in the market, owing to the widespread product utilization in fruits, vegetables, and confectionery products and the introduction of organic glazing agents.
- Challenges and Opportunities: The potential health concerns associated with synthetic additives are hindering the market growth. However, it can be overcome by promoting and developing natural, plant-based alternatives that meet safety standards.
Food Glazing Agents Market Trends:
Growing Popularity of Ready-to-Eat Food Products
Changing eating habits and busy lifestyles have led people to seek out easy and quick meal solutions. Glazing agents play an important role in maintaining the texture, freshness, and visual appeal of these ready-to-eat food products. The market is experiencing a surge in demand with a wide range of products, including baked goods, confectionery, and processed meats, which helps in propelling the market growth. For instance, according to the article published in the India Business Trade Journal in March 2024, the popularity of ready-to-eat products is surging across India and in many parts of the world due to their quick preparation, diverse flavors, and hassle-free consumption.
Rising Demand for Natural Ingredients
Individuals are increasingly seeking products with natural ingredients as they are becoming more health conscious. This trend extends to food preservatives, where there is a rising preference for plant-based alternatives over synthetic ones. Manufacturers are developing products derived from natural ingredients, such as beeswax, shellac, and carnauba wax, which is stimulating the food glazing agents market outlook report. For example, in January 2024, the Council of Ministers of Spain approved a draft law mandating food chain actors to implement food loss and waste prevention plans. This law aims for a 50% reduction in food waste per capita by 2030, thereby emphasizing the use of natural agents to enhance food shelf life and safety.
Innovative Advancements in Food Processing
Numerous advancements play a vital role in the food glazing agents market growth. Innovations in food processing technologies have led to the expansion of more efficient and effective products. These new formulations offer improved functionality, such as better moisture retention, enhanced gloss, and extended shelf life of food products. In April 2024, Archroma launched Cartaseal OGB F10, a PFAS-free, recyclable, and repulpable barrier coating for food packaging, providing oil and grease resistance while enhancing sustainability and compliance with FDA and BfR standards.
Global Food Glazing Agents Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with the flood glazing agents market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the product type, ingredient function, and application.
Breakup by Product Type:
- Stearic Acid
- Beeswax
- Carnauba Wax
- Candelilla Wax
- Shellac
- Others
Carnauba wax dominates the food glazing agents market share
The report has provided a detailed breakup and analysis of the market based on the product type. This includes stearic acid, beeswax, carnauba wax, candelilla wax, shellac, and others. According to the report, carnauba wax represented the largest market segmentation.
Carnauba wax is highly valued for its high durability, melting point, and superior glossy finish, making it ideal for various food applications. Its hypoallergenic and natural characteristics align well with the growing consumer demand for sustainable food additives.
Breakup by Ingredient Function:
- Coating Agents
- Surface-Finishing Agents
- Firming Agents
- Film Former
- Others
Coating agents currently hold most of the food glazing agents market demand
The report has provided a detailed breakup and analysis of the market based on the ingredient function. This includes coating agents, surface-finishing agents, firming agents, film former, and others. According to the report, coating agents represented the largest market segmentation.
Coating agents cater to the growing preference for clean-label food additives, demonstrating the market shift towards natural and effective solutions. In 2024, Flagstone Foods' new glazed nut products, including Cinnamon Churro Peanuts and Salted Caramel Macadamia Nuts, were introduced at the Private Label Trade Show in Chicago.
Breakup by Application:
- Bakery and Confectionery
- Fruits and Vegetables
- Processed Meat, Poultry and Fish
- Others
Bakery and confectionery hold the majority of the global food glazing agents market outlook
The report has provided a detailed breakup and analysis of the market based on the application. This includes bakery and confectionery, fruits and vegetables, processed meat, poultry and fish, and others. According to the report, bakery and confectionery represented the largest market segmentation.
Diverse product offerings and the ability to meet the varied needs of a broad consumer base are propelling the segment growth. In addition, the high demand for visually appealing and high-quality products is also acting as another significant growth-inducing factor.
Breakup by Region:
- North America
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Middle East and Africa
Europe exhibits a clear dominance in the market
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the food glazing agents market analysis report Europe accounted for the largest market share.
Europe exhibits a clear dominance in the market, owing to the region's stringent food safety and quality regulations that drive manufacturers to adopt advanced glazing solutions to comply with these standards. For example, in January 2024, the Council of Ministers of Spain approved a draft law mandating food chain actors to implement food loss and waste prevention plans. This law aims for a 50% reduction in food waste per capita by 2030, thereby emphasizing the use of natural agents to enhance food shelf life and safety. In addition, the high demand for confectionery and bakery products in countries such as Germany, France, and the United Kingdom is a significant contributor to this dominance.
Competitive Landscape:
The food glazing agents market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major food glazing agents market companies have also been provided. Some of the key players in the market include:
- Capol GmbH (Freudenberg & Co. KG)
- Colorcon (Berwind Corporation)
- Koster Keunen
- Mantrose-Haeuser Co. Inc. (RPM International Inc.)
- Masterol Foods Pty Ltd.
- Poth Hille. & Co. Ltd.
- Puratos
- Stéarinerie Dubois
- Strahl & Pitsch Inc.
- The British Wax Refining Company Ltd.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Food Glazing Agents Market Recent Developments:
- June 2024: Huhtamaki, a global supplier of food service packaging, partnered with 2M Group to introduce Xampla’s Morro coating, a plastic-free alternative to traditional barrier coatings, into its product line.
- May 2024: Axalta Coating Systems introduced its Alesta BioCore range of food glazing agents derived from non-food organic waste.
- April 2024: Archroma launched Cartaseal OGB F10, a PFAS-free, recyclable, and repulpable barrier coating for food packaging, providing oil and grease resistance while enhancing sustainability and compliance with FDA and BfR standards.
Food Glazing Agents Market Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product Type
- Ingredient Function
- Application
- Region
|
Product Types Covered |
Stearic Acid, Beeswax, Carnauba Wax, Candelilla Wax, Shellac, Others |
Ingredient Functions Covered |
Coating Agents, Surface-Finishing Agents, Firming Agents, Film Former, Others |
Applications Covered |
Bakery and Confectionery, Fruits and Vegetables, Processed Meat, Poultry and Fish, Others |
Regions Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Capol GmbH (Freudenberg & Co. KG), Colorcon (Berwind Corporation), Koster Keunen, Mantrose-Haeuser Co. Inc. (RPM International Inc.), Masterol Foods Pty Ltd., Poth Hille. & Co. Ltd., Puratos, Stéarinerie Dubois, Strahl & Pitsch Inc., The British Wax Refining Company Ltd, etc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global food glazing agents market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global food glazing agents market?
- What is the impact of each driver, restraint, and opportunity on the global food glazing agents market?
- What are the key regional markets?
- Which countries represent the most attractive food glazing agents market?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the food glazing agents market?
- What is the breakup of the market based on the ingredient function?
- Which is the most attractive ingredient function in the food glazing agents market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the food glazing agents market?
- What is the competitive structure of the global food glazing agents market?
- Who are the key players/companies in the global food glazing agents market?
Key Benefits for Stakeholders:
- IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the food glazing agents market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the global food glazing agents market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the food glazing agents industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.