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Confectionery Ingredients Market Segments, Landscape, Company Profiles, Demand

Author: Market Research
by Market Research
Posted: Mar 15, 2019
global confectionery

The global confectionery ingredients market has posted continuous growth in the recent years and is expected to reach a significant valuation over the forecast period of 2017-2023, reveals market Research Future (MRFR) in an exhaustive research report. A considerable rise in the consumption of bakery and confectionery items has been the primary factor influencing the growth of the market. The market is primarily driven by greater interest in chocolate influenced by the increasing awareness about the health benefits of chocolates and western influence on consumption pattern on a global scale. There are several health benefits associated cocoa; it offers relief from high blood pressure, cholesterol, and other neurodegenerative diseases.

Prominent Key Players

The eminent players operating in the global confectionery ingredients market include McCormick & Company, Inc. (U.S.), Mars Incorporated (Australia), NILON'S. (India), NOW Foods (U.S.), Woolworths Limited. (Australia), and Dabur (India).

Segmentation Analysis

The global confectionery market has been segmented based on type, form, and application. By type, the market has been segmented into chocolates and cocoa, dairy ingredients, emulsifiers & thickeners, sweeteners, and others. By form, the market has been segmented into dry, liquid and others. By applications, the market has been segmented into sweets, candy, candy nuts, chocolates, chewing gum, and others.

Regional Analysis

The global Confectionery Market spans across the regions of North America, Europe, Asia Pacific, and the Rest of the World (RoW). Europe is recorded for generating maximum demand for confectionery ingredients. The growth of the market is supported by substantial investment in R&D activities and technological advancements. Other factors include high consumption of confectionery products and rising demand for baked foods owing to health consciousness. Asia Pacific is poised to emerge as the fastest growing market for confectionery ingredients over the forecast period. The rise in disposable income, increase in consumption of bakery and confectionery products, and growing urbanization and western influence will drive the growth of the market in the region. Furthermore, the Middle East & Africa market is projected to exhibit substantial growth owing to an increase in demand for confectionery products.

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Industry/ Innovation/ Related News:

In August 2018, DuPont Nutrition & Health developed a novel naturally sourced monoglyceride emulsifier which comes in a new beaded format of DIMODAN HP 90-M. The new product can deliver the same functionalities as conventional emulsifiers and can be used for various applications including margarine, non-dairy creamers, whipping gels and many more.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

About the Author

At Market Research Future (Mrfr), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (Crr), Half-Cooked Research Reports (Hcrr), & Consulting Services.

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Author: Market Research

Market Research

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Member since: Oct 01, 2018
Total live articles: 95

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