(Food-Beverage-News.Com, August 04, 2017 ) As per the syndicated report published by Market Data Forecast Europe Sugar Toppings Market which is estimated to be USD 1.42 Billion in 2016 is poised to reach USD 1.83 Billion by 2021, at a CAGR of 5.20% from 2016 to 2021.
t can attribute to the factors such as increasing demand for confectionery items, which mainly contain sugar toppings in diverse industries including baking, chocolate, sugar confectionery, gums, and other industries. However, the market growth can be constrained due to availability of other snack products, which are much healthier.
To give brief idea sugar toppings are generally used in confectioneries both as an ingredient and as a decoration. It mainly consists of icing sugar, which is a sweet, often creamy glaze made of sugar with a liquid, which is often enriched with ingredients like butter, egg whites, cream cheese, or flavourings. It is used to cover or decorate baked goods, such as cakes or cookies. This can be flavoured and coloured as desired.
Wet sugar toppings is the largest type segment in the sugar toppings market. The high growth of this segment is mainly attributed to the increasing demand of sugar toppings in hot and cold beverages. Industrial channel segment is the largest channel segment in the sugar toppings market. This large share is primarily due to growth in demand from bakeries.
Europe Sugar Toppings Market is segmented based on type, and application as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Geographically, Europe market for Sugar Toppings is segmented into Germany, U.K., Spain, France and Italy. Europe is the second biggest market in terms of market share across the globe. Highly propelling R&D works, coupled with ever increasing demand for confectionery products is keeping the market going, but is about to attain saturation, due to very less market penetration possible.
J.M. Smucker Company, The Hershey Company, Pinnacle Foods, Inc., The Kraft Heinz Company, Baldwin Richardson Foods Company, Monin Incorporated, R. Torre & Company, Inc., W.T. Lynch Foods Ltd., Ghirardelli Chocolate Company, CK Products LLC, Quaker Oats Company, Regal Food Products Group Plc., are the major players of Europe Sugar Toppings market.
The Sugar Toppings Market study offers the following deliverables: Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providin market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
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 Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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