Food Glazing Agents Market – Introduction
Food glazing agents are categorized under food additives and according to the EC regulation 1333/2008, they are substances which when applied to the external surface of any food product, provide a shiny protective coating. Important functions of food glazing agents include protection of food products from external humidity by locking-in internal moisture, thereby prolonging the shelf-life of the food products.
Currently, the food glazing agents marketplace is witnessing the introduction of effective products that deliver desirable properties such as higher stability under different heat or pressure conditions and imparting homogeneous coating in industrial mass production requirements. Advancements in food processing technology combined with buoyancy in bakery and confectionery industries are set to fuel consumption of food glazing agents, thereby contributing to the food glazing agents market growth.
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Food Glazing Agents Market – Notable Developments
Few of the key players in the food glazing agents market are Mantrose-Haeuser Co., Inc., Entemann’s Inc., Kerry Ingredients Limited, The Riverside Company, Arla Foods, Masterol Foods, Hainan Zhongxin Wanguo Chemical Co., Ltd, Ningbo J&S Botanics Inc., Wuhu Deli Foods Co., Ltd., and AVATAR CORPORATION among others.
- In October 2017, Capol GmbH, a leading producer of food glazing agent and anti-sticking agents acquired a Canadian natural ingredient manufacturer ColarÃ´me Inc. with an aim to expand the company’s existing product portfolio.
- In March 2018, the Industrial Technology Institute (ITI) and Hayleys Agriculture collectively introduced two new products – Tree Fresh Formulation (TFF) and Bio Wax. These natural wax emulsion products are developed with an aim to minimize the loss during post-harvest while maintaining the quality of vegetables and fruits by forming a protective coating and slowing down the process of natural ripening.
Food Glazing Agents Market Dynamics
Increased Application of Food Additives Leading to Surge in Demand for Food Glazing Agents
The industry landscape of food additives is thriving against the backdrop of growth in the food technology landscape, advanced food manufacturing processes, introduction of organic and natural food variants and dissemination of knowledge regarding the potential application scope of food additives. The upward growth trajectory of processed foods as well as convenience foods also contribute to the increasing demand for food additives including food glazing agents.
As the millennial population continues to embrace ready-to-eat food variants and are highly discerning about their purchase, demand for certified food additives is gaining popularity. As most food glazing agents are natural in origin such as beeswax and carnauba wax, their demand is set to rise in the food processing industry in the coming years.
Buoyancy in Bakery and Confectionery Industry to Fuel Food Glazing Agents Market Growth
Bakery and confectionery industry has become one of the important industries in terms of economic support as well as accommodating the increasing demand for baked goods. Modern consumers have become discriminating in their purchase of bakery and confectionery products, be it in terms of indulgence or health. In addition to satiating the palates of consumers, bakery and confectionery producers are also engaged in making their products distinct in terms of presentation. As food glazing agents play an important role in delivering an attractive presentation, demand for food glazing agents in bakery and confectionery industry is likely to increase steadily in the coming years.
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Stringent Regulatory Framework to Impede Food Glazing Agents Market Growth
Food additives including surface coating agents and food glazing agents include two variants – natural and synthetic. Most of the food glazing agents are naturally derived wax products, either from animal or plants. Some food glazing agents are synthetically manufactured and their addition in the food products are regulated through different regulatory authorities.
According to the EC regulation, different food glazing agents, both natural and synthetic, are EU approved and have given E numbers such as beeswax (E901), candelilla wax (E902) and microcrystalline wax (E905). FDA has also approved some of these commercially available glazing agents. However, the content to be added in the food products are regulated strictly by these authorities thereby impeding the adoption of different food additives including food glazing agents.
Food Glazing Agents Market – Regional Outlook
Europe followed by North America accounts for a significant revenue of the global food glazing agents market owing to buoyancy in the bakery and confectionery products and dissemination of knowledge regarding different types of food additives. Developing nations in Asia-Pacific and South American regions also present good opportunities for food glazing agents market manufacturers. In particular, India, China, Argentina and Brazil represent important markets as raw material exporters owing to faster economic development.
The regional analysis covers:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
Highlights of the report:
- A detailed analysis of key segments of the market
- Recent developments in the market’s competitive landscape
- Detailed analysis of market segments up to second or third level of segmentation
- Historical, current, and projected future valuation of the market in terms of revenue and/or volume
- Key business strategies adopted by influential market vendors
- Outline of the regulatory framework surrounding and governing numerous aspects of the market
- Growth opportunities in emerging and established markets
- Recommendations to market players to stay ahead of the competition
This post was originally published on The Market Plan