Middle-East & Africa Food Glazing Agents Market

Middle-East & Africa Food Glazing Agents Market to Reach $450 Million
by 2021 - Market Data Forecast
The Middle-East & Africa Food Glazing Agents Market was worth USD 0.24 billion in 2016
and estimated to be growing at a CAGR of 8.12%, to reach USD 0.35 billion by 2021. Food
glazing agents are defined as a group of synthetic or naturally substances that are used on
food products to provide a waxy, homogenous coating and a glazed texture, that serves
aesthetic purposes as well as providing basic protection from the elements.
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They are often used as coatings on fruits and vegetables to preserve their freshness and
values while exporting to various countries. In addition to the edible products industry, food
glazing agents also finds applications in the export industry for the coating of fruits and
vegetables to provide them with protection while they are shifted.
The growing interest of consumers in the appearance and texture of foods along with the
multitude benefits that come with using food glazing agents is set to drive the market from
2016 to 2021. Also, the growth of food additive market and advancement in food technology
has boosted the sales of food glazing agents. Innovation and introduction of new natural
and organic products is yet another push in the right direction for the industry. As for the
constraints for the industry, the lack of excessive spending money among consumers is a
problem faced by the region. Since most of the major products that use food glazing agents
on a large scale are manufactured by companies with high brand value, the relatively
expensive pricing of the products in regions such as Africa will make it unappealable to
consumers. Patent problems of glazing agents is another problem that plagues the industry.
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The Middle-East & Africa 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 Middle-East & Africa market
is divided into Algeria, Bahrain, Egypt, Kuwait, Qatar, Saudi Arabia, UAE and many others.
The market share of the region is the second smallest, but the region has a respectable
growth rate with a CAGR of 8.1% which is only a bit less than the global average.
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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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Middle-East & Africa Food Glazing Agents Market was worth USD 0.24 billion in 2016 and estimated to be growing at a CAGR of 8.12%, to reach USD 0.35 billion by 2021.