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Global Food Glazing Agents Market 2017-2021

  • Published: Aug 2017
  • Pages: 74
  • SKU: IRTNTR15009
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This industry research report identifies British Wax, CAPOL, Mantrose-Haeuser, Masterol Foods, and Strahl & Ptsch as the key vendors in the global food glazing agents market. This industry research report also presents a competitive analysis of the market by product type (carnauba wax, stearic acid, beeswax, candelilla wax, and shellac) and by geography (the Americas, APAC, and EMEA).

Overview of the global food glazing agents market

Technavio’s market research analysis identifies the growing demand from the bakery and confectionary industries as one of the primary growth factors for the food glazing agents market. The bakery and confectionary product manufacturers glaze their products to increase their shelf-life and to provide an appealing outlook to cater to the consumers’ preferences. Glazing agents provide the shine, finishing, glittery appeal, and flavored coating to the baked and confectionary products to attract more consumers. Glazes protect the food from sticking and make the food more palatable while providing the attractive shining layer on top. Our market research analysts estimate that this market will grow steadily at a CAGR of around 9% by 2021.

Increasing health-concerns and the awareness among the consumers to attain the source of ingredients on product labels and consume healthy products will increase the demand for organic products in the food glazing industry. The consumers are becoming more health conscious and are preferring to consume healthy and nutritive products by ensuring the traceability and transparency of the ingredients used in the products they purchase. The consistent consumer demand for organic products is resulting in the rising demand for organic glazing agents, which will be one the major trends that will gain traction in the food glazing agents market.

Competitive landscape and key vendors

The food glazing agents market is witnessing stiff competition among the vendors due to low product differentiation. The vendors in the glazing agents food additives market compete based on the quality of the products and the services and their performance is affected by the increasing demand from the bakery and confectionery industries, the increase in applications of glazing agents in the industries, the regional, national, and local economic conditions, and demographic trends.

The leading vendors in the market are -

  • British Wax
  • CAPOL
  • Mantrose-Haeuser
  • Masterol Foods
  • Strahl & Ptsch

The other prominent vendors in the market are AVATAR CORPORATION, BJ International, Carnaúba do Brasil, DuPont, Koster Keunen, Macphie, Parker Ingredients, Poth Hille, Stearinerie Dubois, Stroever, WUHU DELI FOODS, and Zeelandia.

Segmentation by product type and analysis of the food glazing agents market

  • Carnauba wax
  • Stearic acid
  • Beeswax
  • Candelilla wax
  • Shellac

Carnauba wax is the hardest and most suitable wax in the food glazing agents market due to its anticaking property. Additionally, this wax can be mixed with other lipids and coating agents to provide a tougher and shinier exterior. Carnauba wax is used as a surface polishing agent for baked goods, chewing gums, confectioneries, frosting, and fresh and processed fruits.

Geographical segmentation and analysis of the food glazing agents market

  • Americas
  • APAC
  • EMEA

EMEA is witnessing a high demand for food glazing agents due to the increasing changes in the consumers’ food preference and the growing demand for healthy food. The increasing consumer demand for cheese and dark chocolates that require glazing to increase product life will add to the growth of the glazing agents food additives market.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global food glazing agents market?
  • What are the key market trends impacting the growth of the global food glazing agents market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global food glazing agents market?
  • What are the market opportunities and threats faced by the vendors in the global food glazing agents market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global food glazing agents market?

Technavio also offers customization on reports based on specific client requirement.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline
  • Market overview
  • Global food glazing agents market
  • Five forces analysis

PART 05: Market segmentation by product

  • Global food glazing agents market by product type
  • Global carnauba wax food glazing agents market
  • Global stearic acid food glazing agents market
  • Global beeswax food glazing agents market
  • Global Candelilla wax food glazing agents market
  • Global shellac food glazing agents market
  • Global other food glazing agents market

PART 06: Geographical segmentation

  • Global food glazing agents market by geography
  • Food glazing agents market in EMEA
  • Food glazing agents market in the Americas
  • Food glazing agents market in APAC

PART 07: Key leading countries

  • The US
  • Germany
  • The UK
  • China

PART 08: Decision framework

PART 09: Drivers and challenges

  • Market drivers
  • Market challenges

PART 10: Market trends

  • Continous product innovations
  • Increased focus on R&D
  • Rising demand for organic glazing agents

PART 11: Competitor analysis

  • Competitive scenario
  • Competitive positioning assessment
  • Market positioning matrix based on product portfolio and brand presence for key market players
  • British Wax
  • CAPOL
  • Mantrose-Haeuser
  • Masterol Foods
  • Strahl & Pitsch
  • Other prominent market players

PART 12: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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