Edible glitters are solids obtained from natural and chemical ingredients to augment sparkle and luster to the foods and beverage products added. Edible glitters are referred to collection of tiny particles, fragments, or any other suitable natural or synthetic substance, and particularly such materials characterized as being capable of reflecting, or scattering light, or offering a multicolor effect.
Edible glitter is commonly used in bakery products and especially cakes. Rise in demand for customization in bakery products especially during various occasions like birthdays, weddings, engagement, baby shower, parties, Christmas, Easter, and others. Symbolization and significance of each event or unique requirements of consumers call for broader availability of edible glitter colors and forms. Cornstarch, Gum-Arabic, Maltodextrin, and Sugars are commonly used in edible glitter that is generally approved for food-use. Labeling is crucial in Edible glitters which should include the features like Non-Toxic, Food Contact Glitter, for removable decorations and others.
Reasons for Covering this Title
Edible glitter is an evolving segment in food and beverages and specifically in bakery products. Often there has been misperception over edible and non-edible glitters and also with the edible glitter which are food contact glitter, which are removable decorations and non-toxic. The report offers a detailed analysis of the edible glitter covering all the aspects with detailed classification and ingredients, end-uses, forms, and colors. The study provided in the edible glitter includes investment opportunities with market size, growth rates, and factors affecting the supply and demand, regulations and consumer trends.
The report also comprises of developing technologies, indicating innovations in edible glitter briefing about the growing segments or stages driving higher attention in product launches. Europe is expected to rule the edible glitter market over the forecast period backed by having the most significant market share in global bakery market ~28% followed by North America ~27%. The report encompasses in a detailed study about the segments and sub-segments of edible glitter.
Global Edible Glitter: Market Segmentation
On the basis of Primary Ingredient, the global Edible Glitter market has been segmented as –
- Gum Arabic
On the basis of End-Use, the global Edible Glitter market has been segmented as –
- Bakery Products & Confectionery
- Breakfast Cereals
- Frozen Desserts & Ice-Cream
- Dietary Supplements
On the basis of Form, the global Edible Glitter market has been segmented as –
- Dust (Sanding Sugars)
- Geometric Solids
On the basis of Color, the global Edible Glitter market has been segmented as –
- Others (White, Pink, Orange, Purple, Red, Blue, Green)
Global Edible Glitter Market: Key Players
Some of the key players operating in the global Edible Glitter market are CK Products, Wilton Brands, LLC, Ultimate Baker, Linnea's Cake & Candy Supplies, Inc. CakeSupplyShop, Watson Inc. and others.
Opportunities for Market Participants
Edible glitter market is projected to witness a positive trend over the forecast period. Manufacturers of edible glitter are offering edible glitter products with varied colors, forms, and packaging. The other factors include its display, color, and ingredient used. Advancements in technology are witnessed in the recent years in the edible glitters market from the inclusion of ingredients, processing, application methods, application tools and packaging. The packaging also plays a vital role in edible glitter sales as it is important to have transparent packing material for easy visibility of edible glitter. The application method from dusting, spraying and squeezable packs are also considered for edible glitter packaging.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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