Scope of the Study
Sugar toppings are used on confectioneries to give delightful finish. These are used as icing and sprinklers on cupcakes and cakes. It improves the appearance of food product. The confectioneries include sugar and chocolate confectioneries which have the main ingredient as sugar. There has been increasing consumption of confectioneries in middle class and countries such as Brazil and India. This factor is leading to increased demand of sugar toppings.
The market study is being classified by Type (Dry sugar toppings (Dried icing sugar, Sprinkles, Flavoured sugars, Moisture resistant icing sugar) and Wet (Beverage sauces, Breakfast syrups)) and major geographies with country level break-up.
The J.M. Smucker Company (United States), The Hershey Company (United States), Pinnacle Foods, Inc. (United States), The Kraft Heinz Company (United States), Baldwin Richardson Foods Company (United States), Monin Incorporated (United States), R. Torre & Company, Inc. (United States), W.T. Lynch Foods Ltd. (United States), Ghirardelli Chocolate Company (United States) and CK Products LLC (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Quaker Oats Company (United States) and Regal Food Products Group Plc (United Kingdom).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Sugar Topping market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Sugar Topping market by Type, Application and Region.
On the basis of geography, the market of Sugar Topping has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Consumption of Confectioneries
- Rising Disposable Income
- Changing Lifestyle of People
- Fluctuations in The Prices of Raw Material
- Rising Popularity of Ready to Eat Products
- Increased Consumption of Low Sugar Topping Products
- High Sugar Intake May Cause Health Issues
Key Target AudienceSugar Toppings Producers, Sugar Toppings Traders, Distributors & Suppliers, Manufacturers in End-Use Industries, Government and Research Organisations and Associations and Industry Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase