Confectionery Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecasts to 2022
The report "Confectionery Ingredients Market by type (Cocoa & chocolate, Dairy ingredients, Hydrocolloids, Emulsifiers, Malts, Oils & shortenings, Starches & derivatives, Sweeteners, Flavors, Others), by form (dry, liquid), by source (Synthetic, Natural), by applications (Chocolate, Sugar confectionery, Gum, Others)- Forecast to 2022", The Confectionery Ingredients market is expected to reach USD 78.04 Billion by 2022 from an estimated USD 57.5 Billion in 2017, at a CAGR of 6.3%. The key factors such as changing lifestyles of consumers, rising health awareness about the benefits of chocolate and rapid industrialization are the driving forces of the market.
Browse through 218 Pages and in-depth TOC on Confectionery Ingredients Market : https://marketdataforecast.com/market-reports/global-confectionery-ingredients-market-1001/
By type, the cocoa and chocolate segment accounted for the largest share of the market in 2017.On the basis of type, the market is segmented into Cocoa & chocolate, Dairy ingredients, Hydrocolloids, Emulsifiers, Malts, Oils & shortenings, Starches & derivatives, Sweeteners, Flavors, Others (food color additives & flavors, functional systems, fruits & vegetables). In 2017, the cocoa and chocolate segment is expected to account for the largest share of the global Confectionery Ingredients market. The sweeteners segment, on the other hand, is expected to be the fastest-growing segment during the forecast period. Growth in this segment is mainly driven by the increase in their use for a variety of purposes.
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On the basis of form, the market is segmented into Dry and Liquid. By source, the market is segmented into Synthetic and Natural. The synthetic segment accounts for the major market share whereas the natural segment is expected to grow at the highest CAGR.
On the basis of application, the market is segmented into Chocolate, Sugar confectionery, Gum, Others (fillings, coatings, caramel, aerated confectionery, spreads, and cereal bars). Cocoa & chocolate is the most widely used type of confectionery ingredients. Sugar confectionery application of the confectionery ingredients market is growing at the highest CAGR.
Europe accounted for the largest share of the Confectionery Ingredients market in 2017, followed by North America. The large share of the European Confectionery Ingredients market can be attributed to the fact that Europe has become the largest market because of rising health consciousness of consumers in the US which led to its downfall as the largest market.
The various players in the Confectionery Ingredients market include Barry Callebaut, Olam International Cargill, Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, and E. I. du Pont de Nemours and Company, Koninklijke DSM N.V., Kerry Group plc , Arla Foods, Tate & Lyle PLC,
About MarketDataForecast™-
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: Hyderabad, India.
Phone: +1-888-702-9626
Browse through 218 Pages and in-depth TOC on Confectionery Ingredients Market : https://marketdataforecast.com/market-reports/global-confectionery-ingredients-market-1001/
By type, the cocoa and chocolate segment accounted for the largest share of the market in 2017.On the basis of type, the market is segmented into Cocoa & chocolate, Dairy ingredients, Hydrocolloids, Emulsifiers, Malts, Oils & shortenings, Starches & derivatives, Sweeteners, Flavors, Others (food color additives & flavors, functional systems, fruits & vegetables). In 2017, the cocoa and chocolate segment is expected to account for the largest share of the global Confectionery Ingredients market. The sweeteners segment, on the other hand, is expected to be the fastest-growing segment during the forecast period. Growth in this segment is mainly driven by the increase in their use for a variety of purposes.
Download PDF Brochure: https://marketdataforecast.com/market-reports/global-confectionery-ingredients-market-1001/request-sample
On the basis of form, the market is segmented into Dry and Liquid. By source, the market is segmented into Synthetic and Natural. The synthetic segment accounts for the major market share whereas the natural segment is expected to grow at the highest CAGR.
On the basis of application, the market is segmented into Chocolate, Sugar confectionery, Gum, Others (fillings, coatings, caramel, aerated confectionery, spreads, and cereal bars). Cocoa & chocolate is the most widely used type of confectionery ingredients. Sugar confectionery application of the confectionery ingredients market is growing at the highest CAGR.
Europe accounted for the largest share of the Confectionery Ingredients market in 2017, followed by North America. The large share of the European Confectionery Ingredients market can be attributed to the fact that Europe has become the largest market because of rising health consciousness of consumers in the US which led to its downfall as the largest market.
The various players in the Confectionery Ingredients market include Barry Callebaut, Olam International Cargill, Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, and E. I. du Pont de Nemours and Company, Koninklijke DSM N.V., Kerry Group plc , Arla Foods, Tate & Lyle PLC,
About MarketDataForecast™-
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: Hyderabad, India.
Phone: +1-888-702-9626