Sugar Toppings Market Size, Application Potential, By Product, 2020-2027
Added: (Thu Sep 24 2020)
Pressbox (Press Release) -
Global Sugar Toppings Market By Type (Dry Sugar Toppings, Wet Sugar Toppings), Channel (Industrial, Grocery, Food Service), Nature (Organic, Conventional), End- User (Bakery, Confectionary, Dairy, Ready- to- eats Snacks, Convenience Foods, Packaged Foods), Distribution Channel (B2B, B2C), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
To improve the flavor and to provide stylish looks, sugar toppings are used as a topping or as an ingredient in confectioneries and bakery products. Dry sugar topping and wet sugar topping are two of the common types of the sugar toppings. It made of fine grained sugar which is finely compressed and transformed into powdered sugar. They are widely used in chocolate, baking, chewing gum among others.
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Market Drivers:
• Increasing consumption of confectionaries will drive market growth
• Growing demand for low sugar topping products will also accelerate the growth of this market in the forecast period
• Rising disposable income acts as a market driver
• Growing popularity of ready- to eat food is another factor boosting this market growth
Market Restraints:
• Fluctuation in the price of the raw material will hinder the growth of this market
• Intake of sugar can increase the risk of heart disease also restricts the market growth
• Sugar intake can increase cellular aging which will also restrain the market growth
Key Developments in the Market:
• In October 2018, Kraft Heinz announced their partnership with The Hershey Company so they can launch Hershey’s Milk Chocolate and Reese’s Peanut Butter Cup dairy whipped toppings. These new topping is made from 100% real cream cow and doesn’t have any oil ingredients, artificial flavours and high-fructose corn syrup
• In August 2016, Rich Products Corporation announced the launch of their new product called Café Whip which is the dairy-alternative whipped topping made with coconut milk. This is specially made of bakery cafes, coffee shops and other foodservice operations. Instead of high-fructose corn syrup it contains sugar and has no hydrogenated oils. It also contains less fat than heavy whipping cream sweetened and flavored
The report also inspects the financial standing of the leading Key Benefits:
• The report provides a qualitative and quantitative analysis of the current Sugar Toppings market trends, forecasts, and market size to determine the prevailing opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market report also provides an understanding of the current position of the market players active in the Sugar Toppings industry.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Self-Storage and Moving Services in these regions, from 2020 to 2027, covering
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
• South America (Brazil, Argentina, Columbia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global sugar toppings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sugar toppings market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
• Competitive analysis of key competitors involved in the market
• Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
• Market drivers and restraints analysis along with the analysis of the market structure
Few of the major competitors currently working in the global sugar toppings market are The J.M. Smucker Company; The Hershey Company; The Kraft Heinz Company; Baldwin Richardson Foods Co.; MONIN; W.T. Lynch Foods Limited; Regal Food Products Group Plc; The Quaker Oats Company,; Ck Products Llc; Ghirardelli Chocolate Company; Paulaur Corporation.; Nimbus Foods Ltd; Wafer Limited; Sanders and Morley Candy; I. Rice & Company Inc.; Hermes.; NZ Sugar Company Ltd; Chobani, LLC.; CSM Bakery Solutions; among others.
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