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Food Glazing Agents Market Size

  • Report ID: GMI8259
  • Published Date: Feb 2024
  • Report Format: PDF

Food Glazing Agents Market Size

Food Glazing Agents Market size was valued at USD 4.5 billion in 2023 and is anticipated to register a CAGR of over 7.5% between 2024 and 2032, owing to the increasing consumer demand for visually appealing food products. Food glazing agents enhance the appearance of various food items, including confectionery, bakery products, and ready-to-eat meals, by providing a shiny and glossy finish.

 

Rising consumer consciousness about the presentation of their food and seek visually attractive options, the demand for food glazing agents is expected to rise steadily. The growing trend of convenience food consumption. With changing lifestyles and hectic schedules, consumers are increasingly opting for ready-to-eat and processed food products. Food glazing agents play a crucial role in maintaining freshness and prolonging the shelf life of such products by forming a protective coating. As the demand for convenience foods continues to surge, particularly in urban areas and among working professionals, the market for food glazing agents is witnessing a corresponding increase in demand.

 

The food glazing agents market also faces several industry pitfalls. One significant challenge is the growing scrutiny of food additives and their potential health implications. Some consumers are becoming more cautious about the ingredients used in food products, leading to a demand for cleaner labels and natural alternatives. This trend towards clean-label products could pose a challenge for manufacturers of glazing agents containing synthetic or artificial ingredients. Regulatory concerns and compliance issues represent another potential pitfall for the industry.

 

Government regulations regarding food safety standards and permissible additives vary across regions, posing a challenge for companies operating in multiple markets. However, Glazing agents play a vital role in enhancing the visual appeal and freshness of such convenience foods, thereby attracting consumers. As urbanization continues and consumers increasingly prioritize convenience, the demand for glazing agents is likely to grow further.

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

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.

The stearic acid segment held over USD 1.34 billion in 2023, due to a growing consumer preference for clean-label products among consumers.

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.

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

Food Glazing Agents Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 230
  • Countries covered: 23
  • Pages: 200
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