Glazes are decorative ingredients that are used to impart a shining and attractive appearance to the food products. They are a transparent and viscous paste which retain their appearance when brushed on the surface of the food products.
Apart from enhancing the appearance, glazes are important components for enhancing shelf-life stability and also act as anti-microbial components. They also improve sticking properties in the food products. They are applicable in a variety of products such as fruit pie decorations, cakes, and pastry toppings and donuts.
Glazes may also be flavoured or coloured to suit the need of the consumer. The demand for glazes is expected to grow due to the cut-throat competition in the bakery decoration ingredients market. Technology has also enabled an enhanced production capacity in the glazes market.
The fascination and willingness of bakery enthusiasts to spend on innovative decorates are fuelling the growth of the glazes market. Glazes manufacturers are constantly striving to offer a broad portfolio to bakery professionals in terms of design and quality.
Social media has also provided these enthusiasts a larger platform to showcase their innovation, which has upped the demand for glazes and other decorative ingredients. Also, consumers have significantly raised their spending bar for parties and occasions, which is a major application segment for glazes.
According to the Germany Trade & Invest (GTAI), the catering industry is forecasted to grow at a rate of 5.8%. The frozen food industry is also exhibiting a similar trend for which usage of glazes is becoming a necessity.
Manufacturers are increasingly exploring healthier and natural alternatives for the production of glazes. Glazes derived from the natural sources is a lucrative segment and is expected to exhibit higher growth over the forecast period. This demand is also linked to the rising health consciousness amongst consumers which are increasingly cutting down on sugar-based products. This factor may retard the growth of the glazes market.
Glazes are a popular ingredient in developed countries like North America and Europe and occupy a larger market share for the traditional cuisines. Also, the frozen food market is in the growth phase in these regions which allows glazes market considerable space to grow.
The BRICS (Brazil, Russia, India, China, and South Africa) region is one of the key regions, where expansions and product launches in the glazes market could be particularly fruitful for the manufacturers. In Eastern Europe, countries like Turkey and Poland are some of the key countries which are rapidly expanding in the confectionery space. Moreover, these countries are also export-oriented and hence a noteworthy shift in the production locations from Western Europe to Eastern Europe could be expected in the glazes market over the forecast period.
Some of the market participants in the glazes market are:
The research report presents a comprehensive assessment of the glazes market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as product type, application, and end use.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
On the basis of end use, the glazes market is segmented into-
On the basis of sales channel, the glazes market is segmented into-
On the basis of packaging, the glazes market is segmented into-
On the basis of source, the glazes market is segmented into-
On the basis of product type, the glazes market is segmented into-
Glazes Market
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