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Fillings & Toppings Market worth 12.33 Billion USD by 2022

(Food-Beverage-News.Com, April 12, 2017 ) The report "Fillings & Toppings Market by Type (Fondants, Creams, Pastes & Variegates, Fruits & Nuts, Sprinkles), Application (Bakery, Confectionery), Flavor (Fruit, Chocolate), Raw Material (Sweeteners, Cocoa), and Form (Solid, Liquid) - Global Forecasts to 2022"



The global fillings & toppings market is projected to reach USD 12.33 Billion by 2022 in terms of value, at a CAGR of 5.63% from 2016.



Browse 77 market data tables and 62 figures spread through 165 pages and in-depth TOC on “Fillings & Toppings Market by Type (Fondants, Creams, Pastes & Variegates, Fruits & Nuts, Sprinkles), Application (Bakery, Confectionery), Flavor (Fruit, Chocolate), Raw Material (Sweeteners, Cocoa), and Form (Solid, Liquid) - Global Forecasts to 2022”



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Fillings & toppings are widely used in confectionery products, bakery products, dairy products & desserts, convenience food, and beverage applications, owing to their functional properties. They play an important role in determining the desired attributes such as taste, mouthfeel, texture, appearance, and flavor in the food & beverage products. The major factors such as constant rise in disposable income, change in eating habits, and increase in demand for confectionery and bakery products in the Asia-Pacific region have increased the demand for various fillings & toppings.



Syrups, pastes & variegates segment accounted for the largest share in the global market



The syrups, pastes & variegates segment accounted for the largest market share in the fillings & toppings market due to their wide range of applications in dairy products, confectionery & bakery products, and beverages. These are generally used as fillings or toppings to enhance the aesthetic appeal of the food products.



Fruit flavor: The most widely preferred flavor in fillings & toppings



The fruit flavor segment accounted for the largest share in the fillings & toppings market, in 2016. The demand for fruit flavor fillings & toppings are higher in developed countries such as the U.S. Increased health consciousness among consumers is one of the key drivers of the fillings & toppings market. Furthermore, the demand for nut flavors is projected to increase in the near future, owing to their increased use in bakery & confectionery products.



Europe expected to dominate the market for fillings & toppings



In 2016, the European region accounted for the largest market share in the global fillings & toppings market. The European fillings & toppings market is dominated by the countries such as Germany, the U.K., France, and Italy. Increase in demand for fillings & toppings in bakery and confectionery products is driving the market in this region. Asia-Pacific region projected to grow at the highest CAGR during the forecast period. The rise in population, per capita income, buying power of population, and rapid growth in technologies have led to the growth in market opportunities in the Asia-Pacific region for fillings & toppings.



This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Cargill (U.S.), Archer Daniels Midland Company (U.S.), Barry Callebaut (Switzerland), Tate & Lyle PLC (U.K.), AGRANA (Austria), and Associated British Foods plc (U.K.).



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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



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