The size of North America's Food Glazing Agents Market is expected to be worth USD 1.02 billion in 2024 and grow at a CAGR of 7.81% from 2024 to 2029 to achieve USD 1.49 billion by 2029.
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 and binding capability and improve visual appeal.
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 their freshness and value.
The size of the North American food glazing agents market is increasing with increasing interest in the appearance and texture of foods and the multitude of benefits that food glazing agents provide. These factors are expected to drive the market growth from 2018 to 2023. Additionally, the growth of the food additive market and the advances on the technological front have boosted market growth. Innovation and the introduction of new natural and synthetic products have boosted the sales of glazing agents. The latest trends in the processed meat and seafood industry have also 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's 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 their own. Finding the right balance of stability and protection in a glazing agent is also another challenge.
This research report on the North American food glazing agents market has been segmented and sub-segmented into the following categories.
North America Food Glazing Agents Market - By Ingredient Type:
North America Food Glazing Agents Market - By Ingredient function:
North America Food Glazing Agents Market - By Application:
North America Food Glazing Agents Market - By Region:
North America was the second-largest global market in 2023, 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, in spite 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%.
KEY MARKET PLAYERS:
Major Key Players in the North America Food Glazing Agents Market are 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
Frequently Asked Questions
This delves into the market's growth drivers, including increasing consumer demand for processed foods, advancements in food technology, and changing consumer preferences.
This focuses on new developments, innovations, or shifts in consumer preferences within the market, such as using plant-based glazing agents or innovative application methods.
This addresses potential obstacles or barriers to market growth, such as fluctuating raw material prices, supply chain disruptions, or regulatory compliance issues.
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