The global food glazing agent market is anticipated to grow at a CAGR of 8.0% during the forecast period. The shifting consumption habits of consumers towards processed, ready-to-eat, packed food is expected to drive the market of food glazing agents. The rising trends for organic and vegan food products are generating new opportunities for innovation in the food glazing agents market. The seasonal variations on the availability and pricing of raw materials are the major restraining factors for the market growth. Additionally, the stringent government regulations for the usage of food glazing agents are another major challenging factor for the market growth.
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The COVID-19 pandemic had significantly hindered the manufacturing of food glazing agents due to supply chain disruption of raw materials. However, as the lockdown restrictions eased, the market is expected to show a ‘V’ shaped recovery. Our team provides an in-depth analysis of the overall impact of the COVID-19 pandemic on the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Food Glazing Agent Market Report Segment
By Ingredient Type
- Stearic Acid
- Beeswax
- Carnauba Wax
- Candelilla Wax
- Shellac
- Others
By Application
- Bakery & Confectionery
- Processed Meat, Poultry & Fish
- Fruits & Vegetables
- Others
Global Food Glazing Agent Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food glazing agent market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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