Fillings and Toppings Global Market Report 2024

Description

Fillings and Toppings Global Market Report 2024 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 fillings and toppings 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.

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Where is the largest and fastest growing market for fillings and toppings? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fillings and toppings 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: Fondants; Creams; Syrups, Pastes, and Variegates; Sprinkles; Fruits and Nuts
2) By Flavor: Fruits; Chocolates; Vanilla; Nuts; Caramel; Other Flavors
3) By Form: Solid; Liquid; Gel; Foam
4) By Application: Bakery Products; Confectionery Products; Dairy Products and Frozen Desserts; Beverages; Convenience Food
Companies Mentioned: Cargill Incorporated; Tate & Lyle PLC; AAK AB; Zentis GmbH & Co. KG; Archer Daniels Midland Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
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

Fillings and toppings, integral to enhancing both the taste and visual appeal of various culinary creations, are dense mixtures added between layers of cakes and puddings or atop other food items for flavor and aesthetic enhancements.

These components encompass a range of varieties, such as fondants, creams, syrups, pastes, variegates, sprinkles, fruits, and nuts. Fondants, for instance, are creamy mixtures of sugar, water, and assorted flavors that yield a thick, smooth cream. They come in flavors like fruits, chocolates, vanilla, nuts, caramel, and others. These fillings and toppings manifest in diverse forms including solid, liquid, gel, and foam, strategically applied across bakery items, confectionery, dairy products, frozen desserts, beverages, and convenience food for an enhanced gustatory and visual experience.

The fillings and toppings market research report is one of a series of new reports from The Business Research Company that provides fillings and toppings market statistics, including fillings and toppings industry global market size, regional shares, competitors with a fillings and toppings market share, detailed fillings and toppings market segments, market trends and opportunities, and any further data you may need to thrive in the fillings and toppings industry. This fillings and toppings 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.

The fillings and toppings market size has grown strongly in recent years. It will grow from $13.28 billion in 2023 to $14.21 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. Historical growth can be attributed to the success of limited editions and seasonal offerings, innovative marketing strategies, the evolution of packaging, the rise of plant-based options, and a focus on convenience in product offerings.

The fillings and toppings market size is expected to see strong growth in the next few years. It will grow to $19.08 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The expected growth in the forecast period is driven by health and wellness trends, an increased exploration of flavors, the movement towards clean labeling, the surge in the plant-based revolution, and the focus on customization and personalization in products. Major trends anticipated during this period include the digitalization of marketing efforts, collaborations leading to limited edition products, innovations in packaging, strategies aimed at reducing sugar content, and the integration of functional ingredients in food and beverages.

The rapid expansion of the confectionery and bakery industry is driving the fillings and toppings market. These components significantly enhance the taste, flavor, and visual appeal of confectionery and bakery products. Agriculture and Agri-Food Canada reported a global retail sales increase from $407.2 billion in 2021 to $425.7 billion in 2022 for baked goods. This substantial growth in the confectionery and bakery industry is a key driver of the fillings and toppings market.

The surge in e-commerce and online food delivery platforms is expected to propel the fillings and toppings market. These platforms offer convenience, customization, and global exposure, enabling businesses to showcase unique fillings and toppings, cater to changing consumer preferences, and drive direct-to-consumer sales. Zomato Ltd. reported a significant increase of 124% in fulfilled orders to 535 million in fiscal year 2022 compared to FY21. This surge signifies the growing impact of online channels, driving demand for premium and customized fillings and toppings.

Major players in the fillings and toppings market are developing new flavors to maintain their market presence. For instance, in October 2022, Puratos, a Belgium-based food products manufacturer, launched a range of colored and flavored compound and compound fillings. This series includes Carat Cover Classic for coating, ganache, and enrobing, offering flavors like Mango, Strawberry, Orange, and Pineapple. The Carat Supercrem range presents smooth flavors such as Mango, Strawberry, Orange, and others suitable for cookies, donuts, mousse cups, and pralines, emphasizing versatility and diverse applications.

Leading companies in the fillings and toppings market are focusing on natural toppings to maintain their market position. For instance, in June 2023, Hormel Foods Corporation, a US-based food processing company, introduced four new bacon toppings products under the Hormel Black Label brand. These offerings, including cherrywood and pecanwood real bacon crumbles, real chopped bacon, and single-serve real bacon bits, are made from 100% bacon. The cherrywood and pecanwood real bacon crumbles, available in 3 oz. resealable pouches, contain 40% less fat than pan-fried bacon, offering consumers versatility and premium flavors with natural ingredients.

In May 2022, Puratos, a pioneering food ingredients manufacturer headquartered in Belgium, completed the acquisition of Give Konfekture for an undisclosed sum. This strategic union amalgamates the production and product development capabilities of both entities, fostering increased opportunities and enhanced customer service. Give Konfekture, based in Denmark, specializes in the manufacturing of fruit fillings and jams. Through this acquisition, Puratos aims to leverage Give Konfekture's expertise and offerings, enhancing its own capabilities in developing innovative food ingredients. The collaboration enables the combined entity to offer a wider range of high-quality products while leveraging synergies to better cater to customer needs and foster continued growth in the food ingredients market.

Major companies operating in the fillings and toppings market report are Cargill Incorporated, Tate & Lyle PLC, AAK AB, Zentis GmbH & Co. KG, Archer Daniels Midland Company, Barry Callebaut AG, Associated British Foods PLC, AGRANA Beteiligungs-AG, Ashland Global Holdings Inc., Bake'n Joy Foods Inc., Olam International Limited, Ingredion Incorporated, Hanan Products Co. Inc., PreGel S.p.A., Stewart Ingredient Systems Inc., Kerry Group PLC, Taura Natural Ingredients Limited, Dawn Food Products Inc., WILD Flavors and Specialty Ingredients Inc., Puratos Group NV, Sensient Technologies Corporation, The Hershey Company, The Kraft Heinz Company, The Schwan Food Company, Fruit Fillings Inc., Wawona Frozen Foods, General Mills Inc., Nestle S.A., Hormel Foods Corporation, and J.M. Smucker Company.

Europe was the largest region in the fillings and toppings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fillings and toppings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the fillings and toppings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fillings and toppings market consists of sales of whipped creams, sweeteners, choco chips, and cut fruits. 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.

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.

Product Code: r12692

1. Executive Summary

2. Fillings and Toppings Market Characteristics

3. Fillings and Toppings Market Trends And Strategies

4. Fillings and Toppings Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Fillings and Toppings Market Size and Growth

5.1. Global Fillings and Toppings Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Fillings and Toppings Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Fillings and Toppings Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Fillings and Toppings Market Segmentation

6.1. Global Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Fondants
Creams
Syrups, Pastes and Variegates
Sprinkles
Fruits and Nuts
6.2. Global Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Fruits
Chocolates
Vanilla
Nuts
Caramel
Other Flavors
6.3. Global Fillings and Toppings Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Solid
Liquid
Gel
Foam
6.4. Global Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Bakery Products
Confectionery Products
Dairy Products and Frozen Desserts
Beverages
Convenience Food

7. Fillings and Toppings Market Regional And Country Analysis

7.1. Global Fillings and Toppings Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Fillings and Toppings Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Fillings and Toppings Market

8.1. Asia-Pacific Fillings and Toppings 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 Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Fillings and Toppings Market

9.1. China Fillings and Toppings Market Overview
9.2. China Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Fillings and Toppings Market

10.1. India Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Fillings and Toppings Market

11.1. Japan Fillings and Toppings Market Overview
11.2. Japan Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Fillings and Toppings Market

12.1. Australia Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Fillings and Toppings Market

13.1. Indonesia Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Fillings and Toppings Market

14.1. South Korea Fillings and Toppings Market Overview
14.2. South Korea Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Fillings and Toppings Market

15.1. Western Europe Fillings and Toppings Market Overview
15.2. Western Europe Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Fillings and Toppings Market

16.1. UK Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Fillings and Toppings Market

17.1. Germany Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Fillings and Toppings Market

18.1. France Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Fillings and Toppings Market

19.1. Italy Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Fillings and Toppings Market

20.1. Spain Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Fillings and Toppings Market

21.1. Eastern Europe Fillings and Toppings Market Overview
21.2. Eastern Europe Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Fillings and Toppings Market

22.1. Russia Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Fillings and Toppings Market

23.1. North America Fillings and Toppings Market Overview
23.2. North America Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Fillings and Toppings Market

24.1. USA Fillings and Toppings Market Overview
24.2. USA Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Fillings and Toppings Market

25.1. Canada Fillings and Toppings Market Overview
25.2. Canada Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Fillings and Toppings Market

26.1. South America Fillings and Toppings Market Overview
26.2. South America Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Fillings and Toppings Market

27.1. Brazil Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Fillings and Toppings Market

28.1. Middle East Fillings and Toppings Market Overview
28.2. Middle East Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Fillings and Toppings Market

29.1. Africa Fillings and Toppings Market Overview
29.2. Africa Fillings and Toppings Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Fillings and Toppings Market, Segmentation By Flavour, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Fillings and Toppings Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Fillings and Toppings Market Competitive Landscape And Company Profiles

30.1. Fillings and Toppings Market Competitive Landscape
30.2. Fillings and Toppings Market Company Profiles
- 30.2.1. Cargill Incorporated
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Tate & Lyle PLC
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. AAK AB
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Zentis GmbH & Co. KG
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Archer Daniels Midland Company
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Fillings and Toppings Market Competitive Benchmarking

32. Global Fillings and Toppings Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Fillings and Toppings Market

34. Fillings and Toppings Market Future Outlook and Potential Analysis

34.1 Fillings and Toppings Market In 2028 - Countries Offering Most New Opportunities
34.2 Fillings and Toppings Market In 2028 - Segments Offering Most New Opportunities
34.3 Fillings and Toppings Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer