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Asia Pacific Food Glazing Agents Market By Ingredient Type (Stearic Acid, Beeswax, Carnauba Wax, Candelilla Wax, Shellac, Paraffin Wax And Others), By Ingredient Function (Coating Agents, Surface-Finishing Agents, Firming Agents, Film Formers And Others), By Application (Bakery, Confectionary, Processed Meat, Poultry And Fish, Fruits & Vegetables And Others), And By Region - Asia-Pacific Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: January, 2022
ID: 2780
Pages: 145

Asia Pacific Food Glazing Agents Market Growth and Forecast (2022 - 2027):

Asia Pacific Food Glazing Agents Market was worth USD 0.45 billion in 2021 and estimated to be growing at a CAGR of 10.43%, to reach USD 0.74 billion by 2026.

Market Overview:

Food glazing agents are natural or synthetic substances added to food to provide a waxy, homogenous, glazed texture that aids in preventing water loss and imparts basic protection. The glazing used in bakery, confectionary and its alike is mostly for added visual presentability and offers minimum protection to the elements. Whereas the glazing used in coating of fruits and vegetables is designed to withstand much higher and unforgiving conditions.

The food glazing agents are considered as food additives which gives a coating ability, binding capability and improves the visual appeal of finished products. Products that use food glazing include cakes, biscuits, cookies, chocolates, hard candies, toffees, donuts and other products.

Drivers and Restraints:

The size of the Asia-Pacific food glazing agents market is increasing with respect to the growth of the food additive market. The market is projected to grow at a steady pace, led by higher growth in emerging economies such as China, India, Japan and Australia. Market growth is subject to rise in consumption of processed and convenience food products in the growing economy of Asia-Pacific. Other factors restraining the market include, the launch of substitute products by major players and patent issues of glazing agents. Prominent players such as Unilever hold all the patents for the glazing agents and its therefore hard for new undertakings to come to fruit.

Asia Pacific Food Glazing Agents Market Segmentation Analysis:

Asia-Pacific 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.

Region Analysis:

Based on geography, the Asia-Pacific market is divided into China, India, Japan, South Korea, Australia and rest of APAC countries. Asia-Pacific was the fastest growing global market in 2018 with a CAGR of over 10%. The region is expected to show a very fast rate of growth due to the increased demand for food glazing in developing regions such as India and China. China has the highest market share in the region while India is the fastest growing region of APAC.

Key Players in the Market:

Some of the major companies dominating the market, by their products and services include Mantrose-Haeuser 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.

  1. Introduction

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

  1. Research Methodology

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

  1. Overview

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

  1. Market Segmentation

                5.1 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           

                5.2 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       

                5.3 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       

  1. Geographical Analysis

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Ingredient Type

                                                6.1.3.3 By Ingredient Function

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Ingredient Type

                                                6.1.4.3 By Ingredient Function

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Ingredient Type

                                                6.1.5.3 By Ingredient Function

                                                6.1.5.4 By Application

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

  1. Strategic Analysis

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

  1. Market Leaders' Analysis

                8.1 Mantrose-Haeuser                 

                                8.1.1 Overview 

                                8.1.2 Ingredient Type Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Capol GmbH                               

                8.3 Kerry Ingredients                     

                8.4 Entemann's Inc                         

                8.5 Arla Foods                   

                8.6 The Riverside Company                        

                8.7 Masterol Foods                        

                8.8 Wuhu Deli Foods Co.                              

                8.9 Avatar Corporation                 

                8.10 Strahl and Pitsch                    

  1. Competitive Landscape

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

  1. Market Outlook and Investment Opportunities

Appendix                                           

  1. a) List of Tables
  2. b) List of Figures
  1. Asia-Pacific Food Glazing Agents Market By Ingredient Type, From 2022 - 2027 ( USD Billion )
  2. Asia-Pacific Stearic Acid Market By Region, From 2022 - 2027 ( USD Billion )
  3. Asia-Pacific Beeswax Market By Region, From 2022 - 2027 ( USD Billion )
  4. Asia-Pacific Carnauba Wax Market By Region, From 2022 - 2027 ( USD Billion )
  5. Asia-Pacific Candelilla Wax Market By Region, From 2022 - 2027 ( USD Billion )
  6. Asia-Pacific Shellac Market By Region, From 2022 - 2027 ( USD Billion )
  7. Asia-Pacific Paraffin Wax Market By Region, From 2022 - 2027 ( USD Billion )
  8. Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  9. Asia-Pacific Food Glazing Agents Market By Ingredient Function, From 2022 - 2027 ( USD Billion )
  10. Asia-Pacific Coating Agents Market By Region, From 2022 - 2027 ( USD Billion )
  11. Asia-Pacific Surface Finishing Agents Market By Region, From 2022 - 2027 ( USD Billion )
  12. Asia-Pacific Firming Agents Market By Region, From 2022 - 2027 ( USD Billion )
  13. Asia-Pacific Film Formers Market By Region, From 2022 - 2027 ( USD Billion )
  14. Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  15. Asia-Pacific Food Glazing Agents Market By Application, From 2022 - 2027 ( USD Billion )
  16. Asia-Pacific Bakery Market By Region, From 2022 - 2027 ( USD Billion )
  17. Asia-Pacific Confectionary Market By Region, From 2022 - 2027 ( USD Billion )
  18. Asia-Pacific Procssed meat, fish and poultry Market By Region, From 2022 - 2027 ( USD Billion )
  19. Asia-Pacific Fruits and Vegetables Market By Region, From 2022 - 2027 ( USD Billion )
  20. Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  21. Japan Food Glazing Agents Market By Ingredient Type, From 2022 - 2027 ( USD Billion )
  22. Japan Food Glazing Agents Market By Ingredient Function, From 2022 - 2027 ( USD Billion )
  23. Japan Food Glazing Agents Market By Application, From 2022 - 2027 ( USD Billion )
  24. China Food Glazing Agents Market By Ingredient Type, From 2022 - 2027 ( USD Billion )
  25. China Food Glazing Agents Market By Ingredient Function, From 2022 - 2027 ( USD Billion )
  26. China Food Glazing Agents Market By Application, From 2022 - 2027 ( USD Billion )
  27. India Food Glazing Agents Market By Ingredient Type, From 2022 - 2027 ( USD Billion )
  28. India Food Glazing Agents Market By Ingredient Function, From 2022 - 2027 ( USD Billion )
  29. India Food Glazing Agents Market By Application, From 2022 - 2027 ( USD Billion )
  30. Australia Food Glazing Agents Market By Ingredient Type, From 2022 - 2027 ( USD Billion )
  31. Australia Food Glazing Agents Market By Ingredient Function, From 2022 - 2027 ( USD Billion )
  32. Australia Food Glazing Agents Market By Application, From 2022 - 2027 ( USD Billion )
  33. South Korea Food Glazing Agents Market By Ingredient Type, From 2022 - 2027 ( USD Billion )
  34. South Korea Food Glazing Agents Market By Ingredient Function, From 2022 - 2027 ( USD Billion )
  35. South Korea Food Glazing Agents Market By Application, From 2022 - 2027 ( USD Billion )

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