LAMEA Food Glazing Agents Market Size, Share & Industry Trends Analysis Report By Nature (Conventional and Organic), By Application, By Product Type (Stearic Acid, Beeswax, Candelilla Wax, Shellac, Carnauba Wax) By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Food Glazing Agents Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
Beeswax is also permitted for use in sealants to extend the shelf life of fruits as well as a glazing agent for candies, and baked goods, and as an adjuvant for flavouring agents. Pullulan is also employed in the production of edible flavoured films, such as those found in jams, breath fresheners, and jellies, confectionery, and some meat and fruit products, as a glazing agent, a film-forming agent, a thickener, or a carrier in place of gelatin in the manufacture of capsules for dietary supplements.
Additionally, it serves as a texturizer in chewing gum and a foaming agent in desserts made with milk. Edible films made of pullulan can also act as matrices to hold flavours. Government agencies like the Food & Drug Administration (FDA) are concerned about the rising number of cases of food waste and subpar food. Glazing agents are used in food to extend the shelf life of the products, enhance the appeal of the food, and lower food waste.
Glazing agents are used to preserving the nutritional value of food and make it appealing to consumers so that less food is wasted, according to government organizations like the FAO (Food and Agriculture Organizations) WHO (World Health Organization). These are a few of the government organizations' actions that are influencing the demand for food glazing agents on a worldwide scale.
The government of the United Arab Emirates started the growth of the hospitality industry a few decades ago by building a number of modern and opulent hotel complexes. Today, the nation can take pride in having one of the best hospitality industries in the entire world. Every year, a growing number of local & international hotel chains are developed that offer higher levels of service. The location of regional and international events like conferences, festivals, and seminars is heavily influenced by the hospitality industry.
The Brazil market dominated the LAMEA Food Glazing Agents Market by Country in 2021; thereby, achieving a market value of $87.1 million by 2028. The Argentina market is anticipated to witness a CAGR of 8.5% during (2022 - 2028). Additionally, The UAE market is exhibiting a CAGR of 7.6% during (2022 - 2028).
Based on Nature, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Bakery & Confectionery, Fruits & Vegetables, Processed Meat, Poultry, & Fish and Others. Based on Product Type, the market is segmented into Stearic Acid, Beeswax, Candelilla Wax, Shellac, Carnauba Wax and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Food Glazing Agents Market is Predict to reach $4 Billion by 2028, at a CAGR of 4.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mantrose-Haeuser Co., Inc. (RPM International, Inc.), Capol GmbH (Freudenberg Group), Colorcon, Inc. (BPSI Holdings LLC.), Koster Keunen, Inc., The British Wax Refining Company Ltd., Masterol Foods Pty. Ltd., Poth Hille & Co Ltd., Stearinerie Dubois, Strahl & Pitsch, LLC. and Puratos NV/SA.
Scope of the Study
Market Segments Covered in the Report:
- Bakery & Confectionery
- Fruits & Vegetables
- Processed Meat, Poultry, & Fish
By Product Type
- Stearic Acid
- Candelilla Wax
- Carnauba Wax
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Mantrose-Haeuser Co., Inc. (RPM International, Inc.)
- Capol GmbH (Freudenberg Group)
- Colorcon, Inc. (BPSI Holdings LLC.)
- Koster Keunen, Inc.
- The British Wax Refining Company Ltd.
- Masterol Foods Pty. Ltd.
- Poth Hille & Co Ltd.
- Stearinerie Dubois
- Strahl & Pitsch, LLC.
- Puratos NV/SA
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