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Food Glazing Agents Market Share
The food glazing agents market is highly fragmented owing to the presence of several market players. Major companies operating in the market such as Capol GmbH, Koster Keunen, Stearinerie Bubois, Mantrose-Haeuser Co. Inc., and Colorcon Inc. account for over 40% of the market share in the year 2023. The major companies are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.
Competition ranges from premium pricing by established players with strong brands to cost-effective offerings by regional and emerging players. An acquisition strategy enables a company to enter new markets and product lines instantaneously with a recognized brand having a good reputation and an existing client base. An acquisition can overcome market entry barriers that were previously challenging.
Food Glazing Agents Market Companies
Major companies operating in the food glazing agents industry include:
- Mantrose-haeuser Co. Inc.
- Stearinerie Dubois
- Capol GmbH
- Koster Keunen
- Colocon Inc.
- Freudenberg Chemical Specialties SE & Co. KG
- Masterol Foods
- Macphine Limited
- Royal Zeelandia Group
- Puratos Group
Why is the demand for stearic acid growing?
The stearic acid segment held over USD 1.34 billion in 2023, due to a growing consumer preference for clean-label products among consumers.
How big is the U.S. food glazing agents industry?
The U.S. market recorded over USD 340 million in 2023, attributed to increase in the consumption of convenience foods owing to busy lifestyles and changing consumer preferences in the region.
What is the size of the food glazing agents market?
The market size of food glazing agents reached USD 4.5 billion in 2023 and is set to witness 7.5% CAGR from 2024 to 2032, owing to the increasing consumer demand for visually appealing food products worldwide.
Who are the key leaders in the food glazing agents market?
Mantrose-haeuser Co. Inc., Stearinerie Dubois, Capol GmbH, Koster Keunen, Colocon Inc., Freudenberg Chemical Specialties SE & Co. KG, Masterol Foods, Macphine Limited, Royal Zeelandia Group, and Puratos Group, are some of the major food glazing agents companies worldwide