(Food-Beverage-News.Com, February 13, 2018 ) North America Fillings and Toppings Market has been estimated at USD 1.64 billion in 2016 and is projected to reach USD 2.14 billion by 2021, at a CAGR of 5.51% during the forecast period from 2016 to 2021. North America showed a considerable growth in the global fillings & toppings market and is expected to continue this trend in future. The market is vastly affected with the upsurge in size of confectionery and bakery industries and rise in disposable income & urbanization.
Fillings and Toppings are extensively used in bakery products, confectionery products, food and beverage applications, dairy products and desserts, due to their inherent properties. The fillings and toppings play a significant role to determine the desired qualities such as texture, taste, flavor, and appearance of food products.
The rise in population, per capita income, buying power of population, and rapid growth in technologies have led to the growth in market opportunities. However, strict international quality standards & regulations and increase in raw material prices are the major limitations for this market.
The North America market for Fillings and Toppings is categorized on the basis of Type, the market has been segmented into Syrups, pastes & variegates, Fondants, Creams, Fruits & nuts and Sprinkles. On the Basis of Application, the market has been segmented into Confectionery products, Bakery products, Dairy products & frozen desserts, Convenience foods and Beverages. Based on Form, market is divided into Solid, Liquid, Foam and Gel. Based on Flavour, the market has been segmented as Fruit, Caramel, and Chocolate, Vanilla, Nuts and Others (mint, coffee, and herbs). Based on Raw Material, the market has been segmented into Hydrocolloid, Starch, Fruits, Dairy ingredients, Sweeteners, Cocoa and Others (nuts, coffee, and herbs) On the basis of geography, the North America market is analysed under various regions namely United States and Canada.
The major companies dominating the market share Cargill (U.S.), Archer Daniels Midland Company (U.S.), Barry Callebaut (Switzerland), AAK AB (Sweden), Ashland (U.S.), Highlander Partners, Tate & Lyle PLC (U.K.), AGRANA (Austria), Associated British Foods plc (U.K.), L.P. (U.S.) and Zentis GmbH & Co. KG (Germany) .
Market Segmentation 1) Type • Fondants • Creams • Pastes & Variegates • Fruits & Nuts • Sprinkles • Y-o-Y Growth Analysis, By Product • Market Attractiveness Analysis, By Product • Market Share Analysis, By Product
2) Application • Bakery • Confectionery • Y-o-Y Growth Analysis, By Application • Market Attractiveness Analysis, By Application • Market Share Analysis, By Application
3) Flavor • Fruits • Chocolate • Y-o-Y Growth Analysis, By Flavor • Market Attractiveness Analysis, By Flavor • Market Share Analysis, By Flavor
4) Raw Material • Sweeteners • Cocoa • Y-o-Y Growth Analysis, By Raw Material • Market Attractiveness Analysis, By Raw Material • Market Share Analysis, By Raw Material
5) Form • Solid • Liquid • Y-o-Y Growth Analysis, By Form • Market Attractiveness Analysis, By Form • Market Share Analysis, By Form
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