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Glazing Gel Market Trends

Report ID: GMI11724
Published Date: Oct 2024
Report Format: PDF

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Glazing Gel Market Trends

The glazing gel industry is experiencing significant growth, driven by several key trends. According to the U.S. Department of Agriculture (USDA), organic food sales in the United States reached $57.5 billion in 2021, indicating a growing consumer preference for clean-label and organic products, including in the bakery and confectionery sectors. This trend is influencing manufacturers to develop low-sugar, preservative-free, and plant-based glazing gels. The U.S. Food and Drug Administration (FDA) reports that 77% of U.S. adults are trying to limit or avoid sugars in their diet, further supporting the demand for healthier glazing gel options.

Additionally, the U.S. Census Bureau's Annual Retail Trade Survey showed a 13.3% increase in sales for hobby, toy, and game stores in 2020, which includes baking supplies, suggesting a rise in home baking activities. This trend, coupled with the influence of social media and increased interest in food aesthetics, is expanding the retail market for glazing gels. Furthermore, the Environmental Protection Agency (EPA) notes that containers and packaging make up a significant portion of municipal solid waste, emphasizing the importance of eco-friendly packaging innovations in the food industry, including glazing gels.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of glazing gel reached USD 420.3 million in 2023 and is set to grow at a CAGR of over 6% from 2024 to 2032, driven by the expansion of the global bakery industry.

The sugar-based glazing gel segment is projected to expand at a CAGR of around 5.3% through 2032, reaching a market size of USD 226.7 million, led by its significant use in the bakery and confectionery industry.

The bakery products segment is poised to witness a CAGR of around 5.6% through 2032, achieving a market size of USD 269.2 million, as glazing gels enhance the visual appeal, texture, and freshness of baked goods.

The Europe market is anticipated to reach approximately USD 240.9 million, with a CAGR of 5.8% from 2024 to 2032, propelled by the demand for visually appealing products in the bakery and confectionery sectors.

Top companies in the industry include Arla Foods, Cargill, Inc., Kerry Group, Mantrose-Haeuser Co., Inc., Sprinkles & Co., Swiss Bake Ingredients Private Limited, TNG Foods International, and Vaikra Blends.