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North America Food Glazing Agents Market

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North America Food Glazing Agents Market was worth USD 0.62 billion in 2016 and estimated to be growing at a CAGR of 8.08%, to reach USD 0.92 billion by 2021
North America Food Glazing Agent Market Report 2016 - Forecasts to 2021
The North America Food Glazing Agents Market was worth USD 0.62 billion in 2016 and
estimated to be growing at a CAGR of 8.08%, to reach USD 0.92 billion by 2021. Food
glazing agents market is growing with respect to the growth in the additives market and it is
a field subject to innovation as new natural and organic glazing agents are coming to the
fore. Food glazing agents are natural or synthetic substances added to food to provide a
waxy homogenous, glazed texture to reduce water loss and impart basic protection. In
short, they provide coating ability, binding capability and improves visual appeal.
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The food glazing agents are used as food toppings in various bakery and confectionary
products to achieve a better texture on the product and to improve the appearance of
cakes, biscuits, candies, toffees etc. In the export industry, as well food glazing finds
applications for coating fruits and vegetables thereby preserving its freshness and value.
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The size of the North American food glazing agents market is increasing with increasing
interest in the appearance and texture of foods along with the multitude of benefits that food
glazing agents provide. These factors are expected to drive the market growth from 2016 to
2021. Additionally, the growth of the food additive market and the advances in the
technological front have boosted the market growth. Innovation and introduction of new
natural and synthetic products has boosted the sales of glazing agents. Latest trends in the
processed meat and seafood industry also has indirectly driven the market for glazing food
agents. As for the constraints of the market, the main factor pegging back the growth of the
market is the consumer self-awareness about lifestyle. Current lifestyle changes point to a
specific limit of calorie intake and food glazing agents tend to stretch the limit on its own.
Finding the right balance of stability and protection in a glazing agent is also another
challenge.
Market Segmentation
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Ingredient Type
5.1.1 Introduction
5.1.2 Stearic Acid
5.1.3 Beeswax
5.1.4 Carnauba Wax
5.1.5 Candelilla Wax
5.1.6 Shellac
5.1.7 Paraffin Wax
5.1.8 Others
5.1.9 Y-o-Y Growth Analysis, By Ingredient Type
5.1.10 Market Attractiveness Analysis, By Ingredient Type
5.1.11 Market Share Analysis, By Ingredient Type
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Ingredient Function
5.2.1 Introduction
5.2.2 Coating Agent
5.2.3 Surface Finishing Agents
5.2.4 Firming Agents
5.2.5 Film Formers
5.2.6 Others
5.2.7 Y-o-Y Growth Analysis, By Ingredient Function
5.2.8 Market Attractiveness Analysis, By Ingredient Function
5.2.9 Market Share Analysis, By Ingredient Function
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Application
5.3.1 Introduction
5.3.2 Bakery
5.3.3 Confectionary
5.3.4 Processed meat, poultry and fish
5.3.5 Fruits and Vegetables
5.3.6 Others
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 Market Share Analysis, By Application
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The North America Food Glazing agents market is broadly classified into Stearic Acid,
Beeswax, Carnauba wax, Candelilla wax, Shellac, Paraffin wax and others based on
ingredient type. Furthermore, based on ingredient function they are classified into Coating
Agents, Surface-Finishing Agents, Firming Agents, Film Formers and others. Based on
application, they are classified into Bakery, Confectionary, Processed meat, poultry and
fish, Fruits & Vegetables and others. Based on geography, the North America market is
analysed as USA and Canada. North America was the second largest global market in 2016
with around 25% of the total market revenue. The region is expected to show only a steady
growth in terms of demand owing to the growing health concern and increasing consumer
awareness about the food contents. The region inspite of having a major market share has
the lowest CAGR of all the regions coming in at 8.08% as compared to the global rate of
8.8%.
Some of the major companies dominating the market, by their products and services include MantroseHaeuser Co. Inc., Capol GmbH, Kerry Ingredients Limited, Entemann's Inc., Arla Foods, The Riverside
Company, Masterol Foods, Wuhu Deli Foods Co., Ltd., Ningbo J&S Botanics Inc., AVATAR CORPORATION,
Strahl and Pitsch, Inc. and Hainan Zhongxin Wanguo Chemical Co., Ltd among others.
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Bhargav
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