About Praline
Praline is a type of confectionary sweet. It is made up of nuts, butter and sugar. Praline gives brittle, crunchy and crisp which is similar to brown nougat. It can be further added to ice cream, cakes, desserts or sweets. It contains less amount of culinary nuts. Almonds, hazelnuts, pecans are mostly used for praline. This praline generally differentiated depending upon their composition. French praline are made up of simply a nut with a brown sugar coating around them while Belgium praline are made up of combination of nuts with sugar which makes them a harder and more crunchy texture. Increasing demand for bakery and confectionary products, rising popularity of ice cream and deserts among children’s are known as driving factor for the market. Geographically, Asia Pacific regions is expected to grow with highest market share followed by North America and Europe.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market of Praline is expected to grow with rising demand for. Hence there are several companies are providing praline for increasing bakery and confectionary food products. Thus, the market is fragmented with the presence of market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry. 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.
Barry Callebaut (Switzerland), Royal Praline Company (United States), Puratos (Belgium), Aunt Aggie De's Pralines (United States), New Orleans Famous Praline Company (United States), Chocoladefabriken Lindt & Sprüngli AG (Switzerland), Witor's Spa (Italy), Ferrero (Italy), Choc Le (India) and Nestle (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Praline market by Type (Belgian Pralines and French Pralines) and Region.
On the basis of geography, the market of Praline 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). If we see Market by Nature, the sub-segment i.e. Organic will boost the Praline 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 {E-Commerce} will boost the Praline market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Almonds will boost the Praline market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Demand for Belgium Praline
Market Growth Drivers:
Rising Demand for Bakery & Confectionary Items, Growing Adoptions for Pralines in Crackers and Cookies and Increasing Popularity of Ice Cream & Deserts
Challenges:
Presence for Higher Sugar Content may leads to Calories
Restraints:
Strengthen Regulatory for Food
Opportunities:
Rising Popularity of Bakery and Confectionary Products among Children’s Created Growth Opportunities
In August 2023, Mondelez International has launched two new chocolate bar varieties under its Cadbury brand: Cadbury Darkmilk Praline and Cadbury Caramilk Crispy. Cadbury Darkmilk Praline joins the brand’s Darkmilk range, containing rich high-cocoa chocolate with a creamy hazelnut filling. The Darkmilk range contains 40% cocoa.
Key Target Audience
Praline Manufacturers, Praline Distributors, Raw Material Suppliers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
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.