Global Sugar Decorations and Inclusions Market, By Colorant (Natural Sugar and Artificial Sugar), Type (Jimmies, Quins, Dragees, Nonpareils, Caramel Inclusions, Sanding & Course Sugar and Single Pieces), Application (Cereals & Snack Bars, Ice-Cream & Frozen Desserts, Chocolate & Confectionery Products, Cakes & Pastries and Others), End User (Food Manufacturers, Foodservice Industry, Home Bakers) – Industry Trends and Forecast to 2029.
Sugar Decorations and Inclusions Market Analysis and Size
Over the last few years, production and processing technology advancements for decorations and inclusions have resulted in expanded application areas. Several factors, including shelf stability, moisture content, freeze/thaw stability, and thermal stability, preclude the use of decorations and inclusions in niche application areas.
Data Bridge Market Research analyses that the sugar decorations and inclusions market which was growing at a value of USD 1.65 billion in 2021 is expected to reach the value of USD 2.86 billion by 2029, at a CAGR of 7.10% during the forecast period OF 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Sugar Decorations and Inclusions Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Colorant (Natural Sugar and Artificial Sugar), Type (Jimmies, Quins, Dragees, Nonpareils, Caramel Inclusions, Sanding & Course Sugar and Single Pieces), Application (Cereals & Snack Bars, Ice-Cream & Frozen Desserts, Chocolate & Confectionery Products, Cakes & Pastries and Others), End User (Food Manufacturers, Foodservice Industry, Home Bakers)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Barry Callebaut (Switzerland), Olam International (Singapore), The Hershey Company (U.S.), Mars, Incorporated (U.S.), Ingredion Incorporated (U.S.), DSM (Netherlands), Kerry Group plc (Ireland), and Tate & Lyle PLC (U.K.), Nestle SA (Switzerland), Cargill, Incorporated (U.S.), Blommer Chocolate Company (U.S.), Foley's Candies LP (Canada), Puratos Group Nv (Belgium), Ferrero International S.A. (Italy)
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Opportunities
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Market Definition
Decorations and inclusions are important components in the bakery and confectionery markets, providing finished products like cakes, pastries, breakfast cereals, bar chocolates, and other items with a unique taste, texture, mouth feel, colour, and other enhancements.
Sugar Decorations and Inclusions Market Dynamics
Drivers
- Rising expansion of retail channel for distribution of products
Advances in online retail are one of the key trends driving the evolution of the sugar decorations and inclusions market. Large product distribution channels include convenience stores, specialty stores, supermarkets, drug stores, and hypermarkets. Retailers and manufacturers' ongoing efforts to expand their supply and distribution chains have played a significant role in increasing access to products in the sugar decorations and inclusions market.
Diversification of products according to the needs
The constant desire to try new ethnic flavours and tastes is a major driving force in the sugar decorations and inclusions market. The sugar industry has shifted its focus over the years to produce healthier products. This trend is being driven by an increasingly health-conscious population, particularly in emerging economies. The sugar decorations and inclusions market has been fueled by advances in organised retail in developing regions.
Opportunity
The ease of payment for products through online channels and the wide range of sugar flavours and textures are important factors driving e-popularity commerce's in the sugar decorations and inclusions market. Furthermore, sugar decorations and inclusions are increasingly being used in the formulation of a wide range of beverages and decorations and inclusions products, such as cakes, milkshakes, croissants, and hot sugar, contributing to the growth of the global sugar decorations and inclusions market.
Restraints
Lack of raw material supply and price fluctuations are two factors that are expected to impede the growth of the decorations & inclusions market. Food decorations and inclusions are strictly regulated by several regulatory agencies, including the Food and Drug Administration, the European Food Safety Authority, and the European Union. Limited availability of food inclusions is also expected to impede market growth during the forecast period.
This sugar decorations and inclusions market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sugar decorations and Inclusions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Sugar Decorations and Inclusions Market
The COVID-19 outbreak has had a significant impact on the market for decorations and inclusions. The strict rules and lockdown imposed throughout 2020 have had an impact on the Decorations and Inclusions industry, causing differential effects on raw material supply (agricultural produce, food ingredients, and intermediate food products), trade and logistics, demand-supply volatility, uncertain consumer demand, and affecting the workforce at the industrial level. During the lockdown, one of the major factors affecting the decorations and inclusions industry was a drop in sales as a result of decreased gifting and impulse buying among consumers worldwide.
Recent Development
• To commemorate All Women and Girls Month in February 2022, Hershey's created a sugar bar. The "Celebrate SHE" bars are limited in quantity. The brand highlighted SHE in the centre of the milk sugar bar.
• In January 2022, Cadbury, a Mondelez International brand, introduced the Twist Wrap packaging solution for its Duos range, allowing consumers to snack in small portions by twisting and sealing the package after consuming half of the sugar bar.
• In September 2021, Ferrero will pre-launch the new Ferrero Rocher Tablets in the travel-retail channel in collaboration with Lagardère. The new product from Ferrero enters the sugar tablet market in three flavours: milk, dark 55 percent cocoa, and white.
Global Sugar Decorations and Inclusions Market Scope
The sugar decorations and inclusions market is segmented on the basis of colorant, type, end user and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Colorant
- Natural sugar
- Artificial sugar
Type
- Jimmies
- Quins
- Dragees
- Nonpareils
- Caramel Inclusions
- Sanding & Course Sugar
- Single Pieces
End users
- Food Manufacturers
- Cereals & snack bars
- Chocolate & confectionery products
- Cakes & pastries
- Ice-creams
- Foodservice Industry
- Hotel
- Restaurants
- Cafes
- Bakery & pastry shops
- Ice-cream parlours
- Home Bakers
Distribution channel
- Retail Stores
- Online stores
- Other
Sugar Decorations and Inclusions Market Regional Analysis/Insights
The sugar decorations and inclusions market is analysed and market size insights and trends are provided by country, colorant, type, end user and application as referenced above.
The countries covered in the sugar decorations and inclusions market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominated the decorations & inclusions market. This is due to increased demand from the food processing sector and increased awareness about the decorations and inclusions. Increasing demand for decorations and inclusions from the confectionery industry and increased demand for baked goods and value-added products are driving market growth in this region.
Asia-Pacific is expected to grow at a faster CAGR during the forecast period of 2022 to 2029. Increasing demand for value-added products is driving market growth in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sugar Decorations and Inclusions Market Share Analysis
The sugar decorations and inclusions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sugar decorations and inclusions market.
Some of the major players operating in the sugar decorations and inclusions market are:
- Barry Callebaut (Switzerland)
- Olam International (Singapore)
- The Hershey Company (U.S.)
- Nestle SA (U.S.)
- Ingredion Incorporated (U.S.)
- Mars, Incorporated (U.S.)
- DSM (Netherlands)
- Kerry Group plc (Ireland)
- Tate & Lyle PLC (U.K.)
- Cargill, Incorporated (U.S.)
- Blommer Chocolate Company (U.S.)
- Foley's Candies LP (Canada)
- Puratos Group Nv (Belgium)
- Ferrero International S.A. (Italy)
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