(Food-Beverage-News.Com, May 12, 2017 ) Asia-Pacific Confectionery Ingredients Market research report published by Market Data Forecast estimates that the market is growing with a CAGR of 7.92% to reach USD 18.52 billion by 2021, from USD 12.65 billion in 2016, which amounts to a cumulative growth of USD 5.87 billion.
Confectionery products include food products like chocolates, jams, preserves, cakes and pastries and other dessert items. These are sold through a wide range of retail chain bases like super markets, grocery stores, mass merchandisers, and gourmet and specialized stores. Cocoa & chocolate is the most widely used type of confectionery ingredients. Sugar confectionery application of the confectionery ingredients market is growing at the highest CAGR.
The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Confectionery Ingredients Market bearing either positive or negative outcomes. Some of those factors are
For granular level understanding, the Asia-Pacific Confectionery Ingredients Market is segmented based on type, form, source and application each being provided with Market Size Estimations and Y-o-Y Forecasts. By type, the market 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 market is further sub-segmented into Dry and Liquid. By source, the market is further sub-segmented into Synthetic and Natural. By application, the market is further sub-segmented into Chocolate, Sugar confectionery, Gum, Others (fillings, coatings, caramel, aerated confectionery, spreads, and cereal bars).
Geographically, Asia-Pacific market for Confectionery Ingredients is segmented China, India, Japan, South Korea and Australia. Asia-Pacific region is the fastest growing market in global confectionery ingredients market, in terms of market share, with highest CAGR. Increasing urbanization and rising disposal income of consumers, along with advancement in developing countries are anticipated to impact the growth of the confectionary market in this region.
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 Asia-Pacific Confectionery Ingredients market.
The Asia-Pacific Confectionery Ingredients Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of type, form, source and application with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• 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 • Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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