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Growing Popularity of Confectionaries to Boost Global Confectionery Ingredient Market

Growing Popularity of Confectionaries to Boost Global Confectionery Ingredient Market

Confectionery refers to the art of producing confections. Confections refer to those food products that are high in carbohydrate and sugar content. Confectionaries are usually categorized into two different segments, namely sugar confections and bakers’ confections. Bakers' confectionery is also known as flour confections and it comprises mainly cakes, pastries and such baked products. Growing demand for confectionaries is likely to support growth of the global confectionery ingredient market in the forthcoming years.

Confectionery ingredients are gaining prominence as a healthy and functional solution for people who want to stay fit and healthy. A rise in the prevalence of obesity together with high incidences of diabetes has compelled the manufacturers in the global confectionery ingredient market need to come up with concepts and products that are healthy yet delicious enough to attract the consumers.

There are several factors that assist in the growth in the global confectionery ingredient market. Rising popularity of confectionaries all over the globe is anticipated to shoot up the demand for confectionery ingredient.

Rising Popularity of Convenience Food to Trigger Demand in the Market

Confectionery ingredients refer to those products that are utilized in the making of confectionery products such as chewing gum, sweets, chocolates, and candies. Growing popularity of convenience food products has played a significant role in the generation of increased demand for confectionaries. This factor is likely to shape the contours of the global confectionery ingredient market over the tenure of assessment, from 2017 to 2025. Some of the prominent confectionery ingredients are flavors, starch and derivatives, sweeteners, oils and shortenings, malts, stabilizers and thickeners (EST), emulsifiers, dairy ingredients, and cocoa and chocolate, Availability of such wide range of products is forecasted to play an important role driving the growth of the global confectionery ingredient market.

Bakers’ confectionaries comprise products such as pasties, cakes, doughnuts and other such similar products. Sugar confectionaries include chewing gum, sweetmeats, chocolates, and many such things. Confectionery products are also made with various such as whey powder and lactose. Lactose comes with very distinct characteristics, which imparts various functional properties to various confectionery items. Whey powder assists in diminishing the amount of protein, sugar, and various other milk products. Various other confectionery ingredients comprise icing sugar, skimmed milk, syrup, water, glucose, and sucrose.

Increased Popularity for Sugar Free Products to Bolster Demand

An escalation in the demand for various sugar free products to avoid being obese and suffering from diabetes is likely to boost the growth of the global confectionery ingredient market in the years to come. It has further compelled manufacturers of confectioneries to explore various options and develop new items of confectionaries ingredients. A case in point is the growing popularity of sweeteners, which act as sugar substitutes such as sweeteners. Sweeteners are gaining traction amongst the manufacturers of confectioneries ingredients. Constant research and development activities in the confectionery sector are anticipated to amplify growth opportunities of the global confectionery ingredient market.

In addition to that, rising inclination toward use of natural ingredients amongst the players in the global confectionery ingredient market is likely to augur well for the market. Cocoa and chocolate are two of the most popular ingredients in the confectionaries. Benefits of eating chocolates, such as raising the amount of good cholesterol are likely to act in favor of the growth of the cocoa and chocolate products in the market over the period of assessment

On the other hand, adverse effects of synthetic colors together with stringent regulations of US-based food and drug administration (FDA) for private labels are anticipated to impede the growth of the global confectionery ingredient market.

North America to Register High Growth

North America is likely to come up as one of the dominating territories in the global confectionery ingredient market over the tenure of assessment. Presence of several leading market players in the US is likely to improve the growth of the global confectionery ingredient market in the near future. Europe is also likely to account for a sizeable chunk of the global confectionery ingredient market. Such growth of the Europe market is ascribed to the increased demand for healthy and fit lifestyle. Un addition consumption of confectionery products are very high in Europe is is estimated to support growth of the market in the near future.

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