Global Sour Sugar Market By Product, Distribution, Size, Share, Segmentation, Trends and Forecast Period 2027 | Top keyplayers - Lindt & Sprugli, DCM Shriram Consolidated Ltd., Haribo, ZPC Otmuchow SA, Nestle, Grupo Arcor.

With a prime focus on Sour Sugar Market, research analysts of FactMR has publicized a comprehensive study to its online repository. This in-depth study is headlined as “Sour Sugar Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2027” which discusses the historic and current scenario of the global market, along with the future prospects it holds for a 9 year assessment period, 2018-2017. For the benefit of the investors of the report, this research focuses on the drivers and restraints anticipated to impact the demand for Sour Sugar Market in the coming years. Along with these insights, the report provides the readers crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

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Consumer’s Willingness to Experience Novel Flavors Have Intensified Demand among Food Manufacturers

Rapid shift in the preferences and tastes of individuals is becoming the “new normal” in the cosmetic, personal care, and food and beverage industry. Fragmented tastes and preferences of the customers have led forward-looking retailers and leading cosmetic and food manufacturers to broaden their product line and introduce products flavors and products that align well with the growing requirements of customers. As customers today are willing to experience novel and health-benefitting products, major companies are focusing on narrowing their investments towards developing unusual flavors such as sweet and sour, and chewy confectioneries that differentiates the brand from the crowded market.

Popularity of sour-flavored candies among confectionery consumers will continue to intensify demand for sour sugar, which is likely to equate well with the end product demand globally. The global Sour Sugar Market in 2018 is estimated to account for over US$ 45 Bn with a year on year growth of over 3% year on year, equating to significant potential and opportunity for sour sugar manufacturers.

Flavor Retention, Slow Moisture Migration, and Long-Shelf Life: Focus on Production of Enhanced Texture and Quality of Confectioneries to Boost Demand

To ensure stable and dry surface appearance of the candies and gums and retain the surface flavor of confectioneries, leading manufacturers in the confectionery industry are concentrating on utilizing sour sanding sugar. Major manufacturers are also utilizing sour sanding sugar products such as Galacid™ Powder 60 on a range of confectioneries to incorporate and maintain the mild softness in their surface.

Consumption of the sour sanding sugar has further intensified in the production of confectionery products as a flavor enhancer. Leading confectionery manufacturers such as Nestle, Lindt & Sprugli, and Haribo are utilizing sour sanding sugar to extend the shelf-life of the confectioneries. Peppering the soft sanding sugar on a range of soft confectioneries offers slow moisture migration properties and retains the quality, as well as the flavor of the candies for a prolonged time period.

Increased Confectionery Consumption in Switzerland to Unleash Growth Prospects

As consumption of the confectionery products is mainly impulse-driven, leading brands across countries are focusing on retaining customer loyalty for their brands and flavors through enticing their curiosity in new flavors. Of various regions, demand for confectioneries has continued to remain high in Europe. With the increasing preference to spend on indulgence products, individuals in various countries of Europe including Norway, Switzerland, Germany, and Ireland are spending on various confectioneries.

According to a recent research conducted, consumption of confectioneries has been witnessed to remain high in Switzerland. Citizens in Switzerland consume nearly 19.8 pounds of confectioneries per capita. This country leads the world in terms of chocolate consumption. In addition, major confectionery companies such as Nestle and Lindt are based in Switzerland, due to which the consumption of confectioneries has remained high as compared to the other countries.  Besides Switzerland, consumption of confectioneries is also expected to remain high in Germany. The country accounts for one-fourth of the western European market for confectioneries.

Strategic Partnerships among Leading Participants to Create Lucrative Growth Opportunities

With the changing tastes and preferences of the customers and individuals, leading confectionery manufacturers are diverting their focus towards producing confectioneries with innovative and novel flavors. For instance, Nestle SA has recently entered into partnership with Barry Callebaut AG, which is a leading supplier of high-quality cocoa and chocolate products. Through this partnership, the companies have developed a new range of chocolates – Ruby, which offers sour and sweet flavors to the consumers.

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In addition, leading snacks company, Mondelez International has recently partnered with J&J Snack Foods Corp. to offer a range of sour flavored Ice Pops. The companies will concentrate on developing Ice Pops with a sweet frozen base along with a sour swirl in various flavors including red berry, blue raspberry, orange, lemon, and lime. Through developing innovative and novel flavored candies, major confectionery companies are focusing on sustaining their lead and strengthening their position in the competitive market.

Key manufacturing participants identified in the global sour sugar market include Lindt & Sprugli, DCM Shriram Consolidated Ltd., Haribo, ZPC Otmuchow SA, Nestle, and Grupo Arcor.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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