Marzipan Market Definition
The marzipan is like candy mixture or confectionery product produced by the mixing of ground almonds with the sugar, egg whites, corn syrup, and other ingredients. It can be made in moulding to give a certain shape to decorate the cakes, desserts or any other bakery products. It can be consumed directly as well as can be used to makes other food items especially desserts.
The market study is broken down by Type (Finished and Semi-finished), by Application (Direct Consumption, Cake and Confectionery Products) and major geographies with country level splits.
J. G. Niederegger GmbH & Co. KG (Germany), Zentis (Germany), Moll Marzipan GmbH (Germany), Odense Marcipan A/S (Denmark), Georg Lemke GmbH u. Co. KG (Germany), Carstens Lubecker Marzipan (Germany), JF Renshaw Ltd. (United States), Atlanta Poland S.A. (Poland), Lubecker Marzipan-Fabrik (Germany), Orkla Foods (Norway) and Tehmag Foods Corporation (China) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Marzipan market by Type, Application and Region.
On the basis of geography, the market of Marzipan 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). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket/Hypermarket will boost the Marzipan market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavor, the sub-segment i.e. Vanilla will boost the Marzipan market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 21st April 2020, Orkla Foods is acquiring the marzipan and bakery ingredients supplier KåKå from the Swedish company Cerealia and selling its Norwegian flour mill Regal Mølle to Cerealia. Orkla will also receive a cash payment of approximately NOK 150 million.
- Emerging Number of Flavors in Marzipan
- Increasing Availability of Marzipan in Online Stores
- Growing Consumption of Confectionery Products
- Shifting Taste Preferences Towards Sweet Products
- Growing Advancements and innovation in Food and Beverages Industry
- Increasing Number of Festive Celebrations All Around the World
- People are Becoming Health Conscious and Avoiding the Consumption of Sugar Made Products
- Regulatory Guidelines Associated with the Marzipan
Key Target AudienceMarzipan Producers, Marzipan Raw Material International Traders, Marzipan Raw Material Distributors and Suppliers, Research and Development Institutes, Regulatory Bodies, Potential Investors and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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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**
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