Confectionery Ingredients Market By Type (Dairy ingredients, Cocoa & chocolate, Sweeteners, Hydrocolloids, Emulsifiers, Flavors, Malt, Others), By Form (Dry, Liquid), By Source (Natural, Synthetic), By Application (Sugar Confectionery, Gums, Caramels, Others), Global Analysis to 2023

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Food and Beverage | Format: Report available in PDF / Excel Format

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Confectionery Ingredients Market By Type (Dairy ingredients, Cocoa & chocolate, Sweeteners, Hydrocolloids, Emulsifiers, Flavors, Malt, Others), By Form (Dry, Liquid), By Source (Natural, Synthetic), By Application (Sugar Confectionery, Gums, Caramels, Others), Global Analysis to 2023

Confectionery Ingredients Market Size And Forecast

According to the new report titled " Confectionery Ingredients Market By Type (Dairy ingredients, Cocoa & chocolate, Sweeteners, Hydrocolloids, Emulsifiers, Flavors, Malt, Others), By Form (Dry, Liquid), By Source  (Natural, Synthetic), By Application (Sugar Confectionery, Gums, Caramels, Others), Global Analysis to 2023",

The valuation of the  Confectionery Ingredients market was $53.2 Billion in 2023 and is projected to reach $82.6 Billion by 2032, at a CAGR of 4.30% from 2021 to 2032.

Picture thisthe world of sweet treats, where candies, chocolates, and gummies bring joy to our taste buds. These delectable delights are made possible by a secret blend of ingredients, the backbone of the confectionery industry. In 2023, this magical world was worth a whopping $53.2 billion! And guess what? It's expected to grow by a steady 4.3% each year. Why? Because people love their sweets, and they're always looking for new ways to enjoy them. Confectioners, the masterminds behind these treats, are constantly cooking up new flavors, textures, and shapes to satisfy our cravings. And to do that, they need a wide range of ingredientsthings like sugar, chocolate, fruits, nuts, and even spices. But here's the catchpeople are getting more health-conscious these days. They want their treats to taste great without weighing them down. So confectioners are working hard to create candies and chocolates with less sugar, fewer calories, and fewer artificial ingredients. So, there you have itthe confectionery ingredients market is thriving because people love their sweets and they're always looking for new and exciting ways to indulge. It's a delicious world that's only going to get sweeter!

Candy makers are taking note of what people wanthealthier treats that taste great. That's why sweets made with all-natural stuff, like real fruit and plant-based ingredients, are getting super popular. Gone are the days of artificial sweeteners, colors, and preservatives. Health-minded folks are also craving snacks they can grab and go. So, companies are dreaming up new ways to make candies portable and easy to eat. Think single-serving packs, resealable bags, and candy that won't melt in your pocket. It's all about keeping up with our busy lives and making it easier to enjoy a little something sweet.

Dairy ingredients held the largest share in the Confectionery Ingredients market

When it comes to making candy, there are some key ingredients that make all the difference. These include dairy products, cocoa and chocolate, sweeteners, and more. Dairy products play a vital role in the confectionery industry. They're what give candy its rich, creamy flavor and smooth texture. Milk, cream, butter, and cheese are all common dairy ingredients used in candy. Consumers love the taste and feel of dairy products in their candy. So, manufacturers are constantly coming up with new and innovative ways to use dairy ingredients in their products. This helps them stand out in the competitive candy market and keep customers coming back for more.

Dairy ingredients offer unique flavor combinations and premium quality attributes that can set confectionery products apart from competitors, driving consumer preference and loyalty. Despite the indulgent nature of many confectionery products, there is a growing demand for healthier alternatives and products with clean label ingredients. Dairy ingredients such as milk powder, yogurt powder, and whey protein isolate are valued for their nutritional benefits and perceived healthiness, allowing manufacturers to create healthier confectionery options without compromising on taste or texture.

North America headed the Confectionery Ingredients market in 2023

Picture thisthe colorful world of candy in North America. It's like a buffet of flavors and textures that caters to every sweet tooth. Chocolate still reigns supreme, along with its trusty sidekick, candy. But there's also a growing buzz for gourmet treats that are like little pieces of art. People are craving premium confections that tantalize their taste buds and make them feel special. But here's the catchfolks are also getting wiser about their health. They want their treats to taste great, but they also want them to be better for them. So, manufacturers are getting creative, using natural ingredients and cutting down on sugar. They're even sneaking in some sneaky vitamins and minerals. It's all about balancethe perfect harmony between taste and well-being. And it's making the confectionery world a sweeter place than ever before.

Fancy chocolates and sweet treats are in hot demand in North America! People are craving those rich, high-end treats for parties or just because they're feeling fancy. You know, the ones made with the good stuff like rare chocolate, natural sugar, and fillings made with care. Folks are willing to spend a pretty penny for these gourmet treats. So, candy companies are listening and making all sorts of unique and delicious sweets that have something for everyone. And they're using high-quality stuff too, like sugar that hasn't been messed with and chocolate that comes from just one place. Some of the big names in the candy business that are making moves include Cargill, Olam, and Barry Callebaut. They're all keeping up with the trends so they can keep selling those tasty treats.

Report Scope

REPORT ATTRIBUTES DETAILS
STUDY PERIOD

2020-2030
BASE YEAR

2023
FORECAST PERIOD

2024-2030
HISTORICAL PERIOD

2020-2022
UNIT

Value (USD Billion)
KEY COMPANIES PROFILED

Cargill Incorporated, Archer Daniels Midland Company, Olam International, DuPont, Kerry Group plc
SEGMENTS COVERED

By Form, By Application, By Functionality, and By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

 

Global Confectionery Ingredients Market Segmentation Analysis

The Global Confectionery Ingredients Market is Segmented on the basis of Form, Application, Functionality, and Geography.

 

Confectionery Ingredients Market, By Form

  • Dry Ingredients Such as powders (sugar, cocoa powder), dry sweeteners, and powdered milk.
  • Liquid Ingredients Including liquid sweeteners, syrups, and liquid flavorings.
  • Gel Ingredients Gelatin-based ingredients are used for gummy candies and jellies.

Confectionery Ingredients Market, By Application

  • Chocolate Confectionery Ingredients specific to chocolate-based products like bars, truffles, and pralines.
  • Sugar Confectionery Ingredients used in sugar-based confections such as candies, gummies, and lollipops.
  • Gum Confectionery Ingredients for chewing gums and bubble gums.
  • Bakery Confectionery Ingredients for confectionery items within the bakery segment, including cookies, cakes, and pastries.

Confectionery Ingredients Market, By Functionality

  • Texturizing Agents Ingredients contributing to the texture of confectionery products.
  • Preservatives Ingredients that extend the shelf life of confectionery items.
  • Stabilizing Agents Ingredients that stabilize the structure of confectionery products.
  • Coloring Agents Ingredients for adding vibrant colors to confectionery items.
  • Flavoring Agents Ingredients responsible for the taste and aroma of confectionery products.

Confectionery Ingredients Market, By Geography

  • North America Market conditions and demand in the United States, Canada, and Mexico.
  • Europe Analysis of the Confectionery Ingredients Market in European countries.
  • Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and Africa Examining market dynamics in the Middle East and African regions.
  • Latin America Covering market trends and developments in countries across Latin America.

 

Key Players

The major players in the Confectionery Ingredients Market are

  • Cargill Incorporated
  • Archer Daniels Midland Company
  • Olam International
  • DuPont
  • Kerry Group plc

 

Reasons to Purchase this Report

In-Depth Market Insights and Analysis We've got a thorough understanding of the market, considering both financial and lifestyle factors. We've divided it into segments, giving you the value (in billions of US dollars) for each section. Growth Prospects We've identified the regions and segments with the most potential for growth, so you can focus your efforts in the right places. Geographical Influence We've analyzed the market by region, showing you where and how the product or service is being used. We've also identified the factors that are shaping the market in each area. Who's Who in the Market We've ranked the top players and provided information on their new products, partnerships, and expansions. We've also profiled major companies, giving you a clear picture of their strengths and weaknesses. Outlook and Trends We've got the inside scoop on the latest developments, challenges, and opportunities in the industry. We've also analyzed market dynamics using Porter's five forces and Value Chain analysis. Our Support We're here to help you make sense of the market for up to six months after your purchase. So, you can be confident that you'll have the insights you need to succeed.

 

Table of Content

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Confectionery Ingredients Market, By Form

• Dry Ingredients
• Liquid Ingredients
• Gel Ingredients

5. Confectionery Ingredients Market, By Application

• Chocolate Confectionery
• Sugar Confectionery
• Gum Confectionery
• Bakery Confectionery

6. Confectionery Ingredients Market, By Functionality

• Texturizing Agents
• Preservatives
• Stabilizing Agents
• Coloring Agents
• Flavoring Agents

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• Cargill, Incorporated
• Archer Daniels Midland Company
• Olam International
• DuPont
• Kerry Group plc

11. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix

• List of Abbreviations
• Sources and References

Key Players

The major players in the Confectionery Ingredients Market are

  • Cargill Incorporated
  • Archer Daniels Midland Company
  • Olam International
  • DuPont
  • Kerry Group plc

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