Sugar Decorations & Inclusions - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Sugar Decorations & Inclusions Market is accounted for $1.31 billion in 2018 and is expected to reach $2.69 billion by 2027 growing at a CAGR of 8.3% during the forecast period. Rise in the consumption of confectionaries & bakery products across regions and Increase in demand for value-added food products are the major factors propelling the market growth. However, fluctuations in the prices of raw material are hampering the market growth.
Sugar decorations is one of the sugar arts that uses icing or frosting and other edible decorative elements to make plain food more visually interesting. Sugar decorations and inclusions are mostly used in the bakery purposes.
Based on the end user, the foodservice industry segment is going to have a lucrative growth during the forecast period owing to increasing consumption of confectioneries and desserts in foodservice start-ups and high preference for flavored, textured, and appealing products by consumers. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to increasing consumption of bakery products by individuals with high disposable income in the middle-class population, increase in demand for value-added products and rising acceptance of international cuisines and flavors.
Some of the key players profiled in the Sugar Decorations & Inclusions Market include Twinkle Sprinkles, Signature Brands LLC, Pecan Deluxe Candy Company, Carroll Industries NZ Ltd., Nimbus Foods Industries Ltd., Kerrry Inc., Hanns G. Werner GmBH + Co.KG, Girrbach-Süßwarendekor GmbH, Dr. Oetker, Cape Foods, Barry Callebaut, American Sprinkle Co., Paulaur Corporation, Cacau Foods and The Kraft Heinz Company.
• Single Pieces
• Sanding & Course Sugar
• Caramel Inclusions
• Ice-Creams & Frozen Desserts
• Chocolates & Confectionery Products
• Cereals & Snack Bars
• Cakes & Pastries
End Users Covered:
• Home Bakers
• Food Manufacturers
• Foodservice Industry
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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