Food Glazing Agents Market Expected to Reach 3.74 Billion USD by 2021

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MarketsandMarkets Presents
Food Glazing Agents Market Expected to Reach 3.74
Billion USD by 2021
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The report "Food Glazing Agents Market by
Ingredient Type (Stearic Acid, Beeswax, Carnauba
Wax, Candelilla Wax, Shellac, Paraffin Wax),
Ingredient Function, Application (Bakery,
Confectionery, Fruits Vegetables, Functional
Foods), by Region - Global Forecasts to 2021",
The market for food glazing agents is projected
to reach USD 3.74 Billion by 2021, at a CAGR of
8.8 between 2016 and 2021. Browse 109 market
data tables 50 figures  161 pages and in-depth
TOC on "Food Glazing Agents Market. You can
speak to our analyst_at_ http//www.marketsandmarkets
.com/speaktoanalyst.asp?id170915247
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Source MarketsandMarkets Analysis
Food Glazing Agents Market Size, by Region, 2021
(USD Million)
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The market for food glazing agents is projected
to reach USD 3.74 Billion by 2021, at a CAGR of
about 8.8 from 2016 to 2021. This market is
fueled by the growing interest among consumers
towards the appearance and texture of foods and
the growth of end-use applications of glazing
agents in the food industry. Globally, the growth
of bakery and confectionery industry has led to a
large-scale adoption of food glazing agents for
various applications. The global market is
segmented on the basis of ingredient type into
stearic acid, beeswax, carnauba wax, candelilla
wax, shellac, paraffin wax, and others. The
carnauba wax segment is projected to grow at the
highest rate in terms of value and volume, during
the forecast period. This is attributed to the
increasing consumers demand for vegan and
organic sources of food additives used in their
food products. On the basis of ingredient
function, the market is segmented into coating
agents, surface-finishing agents, firming agents,
film-formers, and others. On the basis of
application, it is segmented into bakery,
confectionery, processed meat, poultry fish,
fruits vegetables, functional foods, and
others. On the basis of application, the
functional foods segment is projected to grow at
the highest rate due to its benefits in the
overall development of human body and other
health benefits associated with it. The
confectionery segment dominated the food glazing
agents market due to the growth of the
confectionery industry, which in turn increases
the demand for this market. The market is also
segmented on the basis of region into North
America, Europe, Asia-Pacific, and the Rest of
the World (RoW). In 2015, Europe dominated the
global food glazing agents market, in terms of
value, due to the developed food processing
industry in the region. Asia-Pacific is projected
to be the fastest-growing region in this market
in terms of volume, due to continuous increase in
demand for food glazing agents owing to the
increased demand from different end-use
applications.
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• The global market is fragmented and competitive,
  with a large number of players operating at
  regional and local levels. The key players in the
  market adopted new product launches as their
  preferred growth strategy. Key players such as
  Mantrose-Haeuser Co., Inc. (U.S.), Capol GmbH
  (Germany), Strahl Pitsch, Inc. (U.S.), and
  Masterol Foods (Australia) have been profiled in
  the report.
• Target Audience
• Food glazing agents manufacturers
• Research institutions
• Raw material suppliers
• Government bodies
• Distributors
• End users (food industry)
• Scope of the Report
• On the basis of Ingredient Type, the market is
  segmented as follows
• Stearic acid
• Beeswax
• Carnauba wax
• Candelilla wax

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• On the basis of Ingredient Function, the market
  is segmented as follows
• Coating agents
• Surface-finishing agents
• Firming agents
• Film-formers
• Others (binding agents and stabilizing agents)
• On the basis of Application, the market is
  segmented as follows
• Bakery
• Confectionery
• Processed meat, poultry fish
• Fruits vegetables
• Functional foods
• Others (convenience foods and dairy)
• On the basis of Region, the market is segmented
  as follows

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• Available Customizations
• With the given market data, MarketsandMarkets
  offers customizations according to the
  client-specific needs.
• The following customization options are available
  for the report
• Product Analysis
• Product matrix, which gives a detailed comparison
  of the product portfolio of each company
• Company Information
• Detailed analysis and profiling of additional
  market players (up to five)

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