Latin America Confectionery Ingredients Industry by type (Cocoa & chocolate, Dairy ingredients, Hydrocolloids, Emulsifiers, Malts, Oils & shortenings, Starches & derivatives, Sweeteners, Flavors, Others), by form (dry, liquid), by source (Synthetic, Natural), by applications (Chocolate, Sugar confectionery, Gum, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
According to the report Latin America Confectionery Ingredients Industry, published by Market Data Forecast, The Industry has been estimated at USD 5.75 Billion in 2016 and is projected to reach USD 8.04 Billion by 2021, at a CAGR of 6.93% during the forecast period from 2016 to 2021.
Confectioneries are food products that involve products like chocolate and non-chocolate candy; gum; ice cream and frozen desserts; cookies, cakes, and pastries; and other sweet goods such as jams, jellies, and preserves. They are sold through broad retail chain which includes super Industrys, gourmet and specialty stores, and grocery stores.
Browse Market data tables and in-depth TOC of the Latin America Confectionery Ingredients Industry to 2021 at www.marketdataforecast.com/market-…ents-market-1005/
The factors that are driving the Industry for Confectionery ingredients in Latin America are increasing demand for confectionery ingredients in diverse industries, and increasing consumer awareness about the health benefits of chocolate, with chocolate being one of the most famous confectionery ingredients.
But, the Industry growth can be constrained due to ill effects of confectionaries on health like diabetes and obesity, with increasing health awareness among people.
Latin America Industry for Confectionery Ingredients is segmented based on type, form, source and application. By type, the Industry is further sub-segmented into Cocoa & chocolate, Dairy ingredients, Hydrocolloids, Emulsifiers, Malts, Oils & shortenings, Starches & derivatives, Sweeteners, Flavors, Others (food color additives & flavors, functional systems, fruits & vegetables).
By form, the Industry is further sub-segmented into Dry and Liquid. By source, the Industry is further sub-segmented into Synthetic and Natural.
By application, the Industry is further sub-segmented into Chocolate, Sugar confectionery, Gum, Others (fillings, coatings, caramel, aerated confectionery, spreads, and cereal bars). Cocoa & chocolate is the most widely used type of confectionery ingredients.
Sugar confectionery application of the confectionery ingredients Industry is growing at the highest CAGR.
Geographically, Latin America Industry for Confectionery Ingredients is segmented as Brazil, Argentina and Mexico. With increasing retail stores, along with increasing disposable income, more and more companies are willing to exploit the Industrys of Latin America, as they envisage a great potential.
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 Latin America Confectionery Ingredients Industry.
Key Points from Table of Contents
- Executive Summary
- Key Inferences
- New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Latin America Confectionery Ingredients Industry: Segmentation
- By type
o Cocoa & chocolate
o Dairy ingredients
o Oils & shortenings
o Starches & derivatives
o Other ingredient type
- By form
- By source
- By applications
o Sugar confectionery
o Other confectionery ingredient applications
- Rest of Latin America
- PESTLE analysis
- Porter’s Five analysis
Industry Leaders' Analysis
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