PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755802
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755802
Confectionery Ingredients Market Introduction and Overview
According to SPER market research, 'Global Confectionery Ingredients Market Size- By Source, By Type, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Confectionery Ingredients Market is predicted to reach 121.05 billion by 2034 with a CAGR of 4.04%.
Confectionery ingredients are components used to manufacture sweet treats such as chocolate, candy, gum, and other sugary meals. Sweeteners (including sugar, glucose syrup, and artificial sweeteners), flavouring agents, emulsifiers, colourants, dairy products, cocoa products, and other texturizers all have an impact on the final product's taste, texture, and appearance.
Restraints: The fluctuating raw material prices present a substantial challenge to the confectionery ingredients market. Sudden increases in raw material costs can result in increased production expenses for manufacturers, reducing profit margins. In reaction, businesses may either absorb the extra costs or pass them on to customers via price increases. This may affect customer purchasing decisions, resulting in decreased demand for confectionary items.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Source, By Type, By End-User
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered AAK AB, Archer Daniels Midland, Barry Callebaut, Cargill Incorporated, DuPont, Ingredion Incorporated, Koninklijke DSM N.V, Mars Incorporated, Olam International, Tate & Lyle.
Global Confectionery Ingredients Market Segmentation:
By Source: Based on the Source, Global Confectionery Ingredients Market is segmented as; Natural, Synthetic.
By Type: Based on the Type, Global Confectionery Ingredients Market is segmented as; Cocoa & chocolate, Dairy Ingredients, Sweeteners, Flavors, Oil & shortening.
By End User: Based on the End User, Global Confectionery Ingredients Market is segmented as; Chocolate Confectionery, Sugar Confectionery, Bakery Confectionery.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.