The global food glazing agent market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2024-2031). The rising trend of packaged snacks is expected to drive market growth with significant momentum. Market players are continuously innovating with the flavors and recipes to attract consumers of varying tastes. For instance, Kimchi had a wide variety of crackers and chips, including bars, chips, nuts, and other savory snacks in their product portfolio with different flavors, including guajillo chili, baobab, and maca. This rising traction of consumers towards packaged foods due to busy lifestyles is expected to support the market growth during the forecast period.
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Market Coverage
- Segment Covered-
o By Ingredient Type
o By Application
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape-Archer-Daniels-Midland Co., Mantrose-Haeuser Co., Inc., Masterol Foods Pty. Ltd., Kerry Group Plc, Arla Foods amba.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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
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