The Edible Glue Market Size is valued at USD 26.1 Mn in 2023 and is predicted to reach USD 102.3 Mn by the year 2031 at a 18.9% CAGR during the forecast period for 2024-2031.
Edible glue is a non-toxic adhesive that is safe to consume and is used in the culinary field to join food products together. It is frequently employed in the field of cake decorating, namely for affixing fondant, sugar decorations, or edible flowers onto cakes and other sweet treats. Edible adhesive is commonly transparent or slightly translucent and dries without any discernible trace. In the food and beverage industry, edible glue is mainly used for product assembly and decoration. It serves as an adhesive for attaching chocolate chunks, fondants, and other edible decorations to cakes, pastries, and sweets. The pharmaceutical sector is one of the major uses of edible glue.
Edible glue is advantageous to the cosmetics business, mainly in the makeup product manufacturing process. In cosmetics like solid perfumes and pressed powders, edible glue acts as a binding ingredient to keep the product together and firmly stick to the skin. Additionally, edible glue is used in the arts and crafts industry for a variety of creative applications. Hobbyists and artists use edible glue to create edible artwork, such as gingerbread houses and sugar sculptures. The edible glue market will grow as a result of these uses.
Competitive Landscape
Some Major Key Players In The Edible Glue Market:
- FunCakes
- Wilton
- PME
- Rainbow Dust Colors
- FONDX
- Icinginks
- Cake Craft Company
- Other Market Players
Market Segmentation:
The edible glue market is segmented based on type, assay type, indication, and end-user. Based on type, the market is segmented into tasteless and tasty. By application, the market is segmented into cake, candy and other snacks.
Based On The Type, The Tasty Segment Accounts For A Major Contributor To The Edible Glue Market.
The tasty category is expected to hold a major global market share in 2023. Edible glues with a tasty coating add flavour while also providing attachment. These are especially useful in situations when the adhesive will come into direct contact with the food, like in the case of some cakes or candies. On the other hand, tasteless is anticipated to be the fastest-developing category in the market. Edible glues without flavour are designed to provide a strong bond without altering the taste of the food they are used on. They are particularly useful in situations where the dish's overall flavour profile shouldn't be affected by the glue's sake.
The Tasteless Segment Is To Witness Growth At A Rapid Rate.
Edible glue is a gluer adhesive used to adhere fondant decorations, sugar flowers, and edible bits to cakes without leaving an obvious trace. The increasing popularity of ornate and personalized cake designs for milestone events such as weddings, birthdays, and business gatherings is responsible for their expansion. The need for premium edible glue to create embellishments that look professional is being driven by consumers' growing desire for cakes that are distinctive and aesthetically pleasing. This market has expanded even further as a result of the rising appeal of baking and cake decorating programs on social media.
In The Region, The North American Edible Glue Market Holds A Significant Revenue Share.
The North American edible glue market is expected to report the highest market revenue share in the near future. In North America, especially in the United States and Canada, there is a huge demand for confections and prepared foods. This means you'll need a few cake-enhancing items, such as edible glue. Due to the rich culture of celebrations, events, and get-togethers like birthdays and weddings, cakes and candies with decorations and personalization are in high demand. In addition, Asia Pacific is likely to grow rapidly in the global edible glue market. Rising disposable incomes & shifting consumer preferences are driving the rapid market expansion in the Asia-Pacific region, which China, Japan, and India head. Additionally, changes in regional regulations are having an impact on market trends, with rising economies and important growth markets offering development potential.
Edible Glue Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 26.1 Mn |
|
Revenue Forecast In 2031 |
USD 102.3 Mn |
|
Growth Rate CAGR |
CAGR of 18.9% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Type and Application. |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
FunCakes, Wilton, PME, Rainbow Dust Colors, FONDX, Icinginks, and Cake Craft Company. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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