PUBLISHER: The Business Research Company | PRODUCT CODE: 1270421
PUBLISHER: The Business Research Company | PRODUCT CODE: 1270421
Confectionery Ingredients Global Market Report 2023
“Confectionery Ingredients Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on confectionery ingredients market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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Where is the largest and fastest growing market for confectionery ingredients ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The confectionery ingredients market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Type: Dairy Ingredients; Cocoa and Chocolate; Emulsifiers; Sweetners; Oil and Shortening; Flavoring Ingredients; Other Types
- 2) By Source: Natural; Synthetic
- 3) By Form: Dry Form; Liquid Form
- 4) By Application: Chocolate Confectionery; Sugar Confectionery; Chewing Gums; Other Applications
- Companies Mentioned: Cargill Incorporated; Archer Daniels Midland Company; DuPont de Nemours Inc.; Kerry Group Plc.; Arla Foods
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the confectionery ingredients market are Cargill Incorporated, Archer Daniels Midland Company, DuPont de Nemours Inc., Kerry Group Plc., Arla Foods, Tate & Lyle Plc., Olam International, Barry Callebaut, Ingredion Incorporated, Koninklijke DSM N.V., AAK AB, Dohler GmbH, AarhusKarlshamn, Brisan Group, and Tereos Starch & Sweeteners SAS.
The global confectionery ingredients market is expected to grow from $72.40 billion in 2022 to $77.26 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The confectionery ingredients market is expected to grow to $98.34 billion in 2027 at a CAGR of 6.2%.
The confectionery ingredients market consists of sales of malt, flour, citrates, starch and derivatives. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Confectionery ingredients refer to items used in making confectionery products. Various sweet foods and consumables, such as baked goods and sweets, are referred to as confectionery.
Europe was the largest region in the confectionery ingredients market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the confectionery ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of confectionery ingredients are dairy ingredients, cocoa and chocolate, emulsifiers, sweeteners, oil and shortening, flavoring ingredients, and others. Dairy ingredients are confectionery ingredients that mainly consist of milk derivatives such as whole milk powder, skimmed milk powder, anhydrous milk fat, and whey powders. Dairy components are utilized to increase thickness and texture as a bulking agent and as a flavor carrier in confectionery products. These come from natural and synthetic sources, and they are of dry and liquid form. The applications include chocolate confectionery, sugar confectionery, chewing gums, and others.
The rising consumption of confectionery goods is driving the confectionery ingredients market. The confectionery goods include sweet foods and consumables, such as baked goods and sweets. The increasing demand for gourmet products and changing food habits are leading to a rise in confectionery products. Confectionery ingredients are used in making confectionery products. For instance, according to a report published by the American Bakers Association, a US-based non-profit organization, the sales in the bakery aisle increased by 62.3% in the week ending March 15, 2020. Additionally, according to IRI, a US-based company called Information Resources, Inc., sales of cookies and crackers rose by 44.3%. Therefore, increasing consumption of confectionery goods will propel the confectionery ingredients market.
Product innovation have emerged as a key trend in the confectionery ingredients market. Major players in the shortenings market are innovating novel products with vegan, low calorie, and naturally obtained ingredients to sustain in the market. For instance, in September 2020, the London Botanist, a UK-based independent producer of CBD (cannabidiol) products launched the CBD Milk Chocolate bar. The chocolate bar is a 43% single-origin artisan milk chocolate bar infused with CBD oil.
In July 2021, Orkla Food Ingredients, a Norway-based bakery ingredients company acquired Hans Kaspar for an undisclosed amount. Through this acquisition, Orkla aims to strengthen its position in the confectionery and ice cream ingredients segment. Hans Kaspar is a Switzerland-based confectionery ingredients manufacturer.
The countries covered in the confectionery ingredients market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The confectionery ingredients market research report is one of a series of new reports from The Business Research Company that provides confectionery ingredients market statistics, including confectionery ingredients industry global market size, regional shares, competitors with a confectionery ingredients market share, detailed confectionery ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the confectionery ingredients industry. This confectionery ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Confectionery Ingredients Market Characteristics
3. Confectionery Ingredients Market Trends And Strategies
4. Confectionery Ingredients Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Confectionery Ingredients Market
- 4.2. Ukraine-Russia War Impact On Confectionery Ingredients Market
- 4.3. Impact Of High Inflation On Confectionery Ingredients Market
5. Confectionery Ingredients Market Size And Growth
- 5.1. Global Confectionery Ingredients Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Confectionery Ingredients Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Confectionery Ingredients Market Segmentation
- 6.1. Global Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Dairy Ingredients
- Cocoa And Chocolate
- Emulsifiers
- Sweetners
- Oil And Shortening
- Flavoring Ingredients
- Other Types
- 6.2. Global Confectionery Ingredients Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Natural
- Synthetic
- 6.3. Global Confectionery Ingredients Market, Segmentation By Form, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Dry Form
- Liquid Form
- 6.4. Global Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Chocolate Confectionery
- Sugar Confectionery
- Chewing Gums
- Other Applications
7. Confectionery Ingredients Market Regional And Country Analysis
- 7.1. Global Confectionery Ingredients Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Confectionery Ingredients Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Confectionery Ingredients Market
- 8.1. Asia-Pacific Confectionery Ingredients Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Confectionery Ingredients Market
- 9.1. China Confectionery Ingredients Market Overview
- 9.2. China Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Confectionery Ingredients Market
- 10.1. India Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Confectionery Ingredients Market
- 11.1. Japan Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Confectionery Ingredients Market
- 12.1. Australia Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Confectionery Ingredients Market
- 13.1. Indonesia Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Confectionery Ingredients Market
- 14.1. South Korea Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Confectionery Ingredients Market
- 15.1. Western Europe Confectionery Ingredients Market Overview
- 15.2. Western Europe Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Confectionery Ingredients Market
- 16.1. UK Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Confectionery Ingredients Market
- 17.1. Germany Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Confectionery Ingredients Market
- 18.1. France Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Confectionery Ingredients Market
- 19.1. Eastern Europe Confectionery Ingredients Market Overview
- 19.2. Eastern Europe Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Confectionery Ingredients Market
- 20.1. Russia Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Confectionery Ingredients Market
- 21.1. North America Confectionery Ingredients Market Overview
- 21.2. North America Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Confectionery Ingredients Market
- 22.1. USA Confectionery Ingredients Market Overview
- 22.2. USA Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Confectionery Ingredients Market
- 23.1. South America Confectionery Ingredients Market Overview
- 23.2. South America Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Confectionery Ingredients Market
- 24.1. Brazil Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Confectionery Ingredients Market
- 25.1. Middle East Confectionery Ingredients Market Overview
- 25.2. Middle East Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Confectionery Ingredients Market
- 26.1. Africa Confectionery Ingredients Market Overview
- 26.2. Africa Confectionery Ingredients Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Confectionery Ingredients Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Confectionery Ingredients Market Competitive Landscape And Company Profiles
- 27.1. Confectionery Ingredients Market Competitive Landscape
- 27.2. Confectionery Ingredients Market Company Profiles
- 27.2.1. Cargill Incorporated
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Archer Daniels Midland Company
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. DuPont de Nemours Inc.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Kerry Group Plc.
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Arla Foods
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
- 27.2.1. Cargill Incorporated
28. Key Mergers And Acquisitions In The Confectionery Ingredients Market
29. Confectionery Ingredients Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer
