According to the report Europe Confectionery Ingredients Market, published by Market Data Forecast, The market has been estimated at USD 18.98 Billion in 2016 and is projected to reach USD 25.12 Billion by 2021, at a CAGR of 5.77% during the forecast period from 2016 to 2021.
Confectionery is a broad category of food products which includes everything from chocolate snacks, desserts, jams, preserves, candies to cakes and pastries. They are sold through several retail chains like supermarkets, hypermarkets, gourmet stores and grocery stores.
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The market for confectionery ingredients in Europe is mainly driven due to increasing demand for confectionery ingredients in diverse industries including chocolate, sugar confectionery, gums, and other industries, along with increasing demand for natural ingredients due to increasing consumer awareness.
But, the market growth can be constrained due to availability of other snack products, which are much healthier.
Europe Confectionery Ingredients Market: Segmentation
- Cocoa & chocolate
- Dairy ingredients
- Oils & shortenings
- Starches & derivatives
- Other ingredient type
- o Food color additives & flavors
- o Functional systems
- o Fruits & vegetables
- Sugar confectionery
- Other confectionery ingredient applications
- o Fillings
- o Coatings
- o Caramel
- o Aerated confectionery
- o Spreads
- o Cereal bars
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Geographically, Europe market for Confectionery Ingredients is segmented into U.K., Germany, Spain, France and Italy. Europe is the biggest market for confectionery ingredients in the global market, in terms of market share.
Highly propelling R&D works, coupled with ever increasing demand for confectionery products is helping major manufacturers to penetrate in this region and expand their market base.
Barry Callebaut, Olam International , Cargill, Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, and E. I. du Pont de Nemours and Company, Koninklijke DSM N.V., Kerry Group plc , Arla Foods, Tate & Lyle PLC, are the major players of Europe Confectionery Ingredients market.
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Reasons to access Europe Confectionery Ingredients Market Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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