(Health-NewsWire.Net, July 17, 2017 ) Confectionery encompasses products such as chocolate and non-chocolate candy; gum; ice cream and frozen desserts; cookies, cakes, and pastries; and other sweet products. Confectionery is sold through retail channels like supermarkets, grocery stores, mass merchandisers, drugstores, convenience stores, gourmet/specialty stores.
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The market for confectionery ingredients is mainly driven due to growing industrialization, and changing consumers lifestyle with evolving eating habits coupled with growing consumers awareness regarding the health benefits of chocolates. Also, R&D in terms of product innovation & new product development is also driving the market growth. But, the market growth is constrained due to health awareness among consumers, as Confectionary mainly includes products made from sugar, which has high amount of calories.
Confectionery Ingredients Market: Segmentation
Cocoa & chocolate
Oils & shortenings
Starches & derivatives
Other ingredient type
Other confectionery ingredient applications
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Geographically, Global market for Confectionery Ingredients is segmented into North America, Asia Pacific, Latin America, Europe, and Middle-East and Africa. Europe is the largest market for confectionery ingredients in terms of market share contribution in the global market. Asia-Pacific is expected to witness highest growth owing to factors like economic developments paired with increasing urbanization.
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, are the major players of Global Confectionery Ingredients market.
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Reasons to buy Confectionery Ingredients Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
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A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
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