Food Glazing Agent Market: Global Industry Analysis and Opportunity Assessment 2016-2026
Valley Cottage, NY -- (SBWIRE) -- 12/21/2017 -- Food additives are added to foods to serve specific technical purposes, and are classified depending on the function they perform when added to foods, e.g. stabilizers, thickeners, gelling agents, anti-caking agents, glazing agents, packaging gases and propellants. Glazing agents in food applications are majorly used to give coating ability, film forming and binding capability with a polished appetizing visual appeal. Glazing agents are primarily used in the confectionary industry significantly in hard boiled candies as a coating and various other types of candy. Glazing agents are also used on some baked goods such as donuts. Food glazing agents market is growing with respect to the growth in additives market and it is subject to innovation and introduction of new natural and organic glazing agents for food products is on rise.
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Food Glazing Agent Market Segmentation:
Food glazing agent market can be segmented on the basis of classification, types, applications, and regions that constitute the key markets. Food glazing agents can be segmented as natural glazing agents and synthetic glazing agents. Natural glazing agents are harnessed from plants and animals, and cover the major market segment, due to its applicability in food and beverages market. Synthetic agents are used in food and beverages industry in very small quantity and cover a very miniscule share.
Food glazing agents can further be segmented by types as beeswax, lanolin, stearic acid or fatty acid, carnauba wax, shellac petrolatum or petroleum jelly. Beeswax and lanolin are the most commonly used glazing agents, followed by other glazing agents.
Food glazing market can be further segmented on the basis of application as bakery products, confectioneries, dairy products, snacks & nutritional bars, ready-to-eat (R.T.E.) cereals, fruits & vegetables, meat & poultry products, and others (including dry fruits and mixes, and cereal ingredients). Among all these sub-segment bakery is expected to be dominant in terms of usage of glazing agents followed by confectioneries.
Geographically the food glazing agent market can be segmented by regions. Europe is the most dominant market in terms of demand followed closely by North America, but both the regions will show a steady growth owning to growing health concern and increasing consumer awareness about the food contents. Increasing demand for processed food, clubbed with increasing disposable income in the developing countries can result in higher demand of food glazing agent in Asia pacific countries like China and India.
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Food Glazing Agent Market Drivers:
The size of the food glazing agent market is increasing with respect to the growth of food additive market. The market is projected to grow at a steady pace in the forecast period, leaded by higher growth in emerging economies such as China, India, Japan, Australia, and the Latin American countries, and also offers lucrative opportunities for expansion to major players . Market growth is subject to rise in consumption of processed and convenience food products in growing economies of Asia-Pacific and Latin America.