Confectionery is food items which are rich in sugar and carbohydrates such as sweets and chocolates considered collectively. Confectionery products are items which usually are made with sugar. The demand for confectioneries comes from various places such as restaurants, food processing units, household units, etc. Confectionery ingredients are those which are used to prepare confectionery items such as bakery products, chocolates, c and ies, lollipops and other sugar items that are rich in sweet and sugar content.
MARKET DYNAMICS
The increasing number of confectionery applications in the food and beverage industry is driving the demand for confectionery ingredients market. Furthermore, increasing awareness on various health benefits of chocolates along with changing consumer lifestyles is also projected to influence the confectionery ingredients market significantly. Moreover, increasing consumption of confectionery goods in developed and developing countries is anticipated to have a robust impact in the confectionery ingredients market. Emerging, seasonal and festive related demand , which in turn are expected to generate untapped opportunity for the market participants.
MARKET SCOPE
The "Global Confectionery Ingredients Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of confectionery ingredients market with detailed market segmentation by type, source, form, application and geography. The global confectionery ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading confectionery ingredients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global confectionery ingredients market is segmented on the basis of type, source, form, and application. Based on type, the market is segmented into cocoa & chocolate, dairy ingredients, hydrocolloids, emulsifiers, malts and others. On the basis of the source the market is segmented into synthetic, and natural. On the basis of the form the market is segmented into dry form and liquid form. On the basis of the application the market is segmented into chocolate, sugar confectionery, gum, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global confectionery ingredients market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The confectionery ingredients market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting confectionery ingredients market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the confectionery ingredients market in these regions.
MARKET PLAYERS
The reports cover key developments in the confectionery ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from confectionery ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for confectionery ingredients in the global market. Below mentioned is the list of few companies engaged in the confectionery ingredients market.
The report also includes the profiles of key confectionery ingredients companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Arla Foods amba
- Barry Callebaut Group
- Cargill, Incorporated
- E. I. Du Pont De Nemours and Company
- Ingredion Incorporated
- Kerry Group PLC
- Koninklijke DSM N.V.
- Olam International Ltd.
- Tate & Lyle PLC
- The Archer Daniels Midland Company