About Confectionery Toppings
Confectionery Toppings are widely used in bakery products, confectionery products, food and beverage applications, dairy products, and desserts, due to their functional properties. Confectionery plays an important role to determine the desired qualities such as texture, taste, mouthfeel, flavor, and appearance in food and beverage products. Confectionery Toppings are eye-catching and they attract the consumer by adding prettiness to the product.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market for Confectionery Toppings is fragmented by global players owing to rising demand for bakery and confectionery products in household and commercial value. The players should focus on the addition of different attractive aspects to the looks and tastes in addition to organic ingredients for the taste preference of consumers. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LOC Industries (Canada), Archer Daniels Midland Company (United States), Chaucer Foods Ltd (United Kingdom), Nuts.com (United States), Belgostar (India), The Vanilla Company (United States), Natures Basket Limited (India), Dr.Oetkar (India), RDA Enthusiast Brands, LLC (United States) and Nassau Candy (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are A1 Coffee Ltd (United Kingdom), Royal Enterprises (India), Sanders Candy & WorldPantry.com (United States) and Meadow foods (United States).
Segmentation Overview
AMA Research has segmented the market of Global Confectionery Toppings market by Type (Sprinkles, Coloured Sugar, Crispies and Others), Application (Household and Commercial) and Region.
On the basis of geography, the market of Confectionery Toppings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Form, the sub-segment i.e. Liquid will boost the Confectionery Toppings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Confectionery Toppings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovative Flavors and Tempting Textures of Bakery Goods and Clean Label Manufacturing and Attractive Packaging
Market Growth Drivers:
Rising Demand for Bakery and Confectionary products in Household and Commercial and Increasing Health Consciousness in Customer Base
Challenges:
Rising Obesity and Rising Diabetic Population Among Consumers
Restraints:
The High Amount of Fat and Calories and A Low Amount of Nutrients of The Confectionery
Opportunities:
The rise in Demand for Convenience Foods and Ready-to-Eat Foods and Increasing Celebration Culture and Importance of Confectionary Flavours
Market Leaders and their expansionary development strategies
In 2019, Meadow Food, a leader in dairy and confectionery products acquired a decoration and topping firm Nimbus Foods. This acquisition included its BRC AA grade factory which supplies foods like bakery, confectionery, ice cream, desserts, and cereals. Nimbus complements the growth strategy of Meadows Foods in the value-added ingredients space.
In June 2023, Cake decorating company Wilton is expanding its decorating line with the launch of Dessert Drizzles, a line of easy-to-use syrup toppings, plus two new flavors of their Decorating Icing Pouches.
Key Target Audience
Confectionery Toppings Manufacturer, Distributor/Supplier, Raw Manufacturer, Research Institutes, End-User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.