Global Marzipan Market Inclinations & Development Status Highlighted for the Forecast Period between 2018 and 2028|| Top Companies- J. G. Niederegger GmbH & Co. KG, Zentis GmbH & Co. KG, Moll Marzipan GmbH, Odense Marcipan Company, Georg Lemke GmbH u. Co.

The marzipan market is estimated to witness a steady outlook against the backdrop of persistently rising demand for confectionery products. A creamy mixture of almonds and sugar is processed into a paste form and is utilized in the preparation of multiple confectionery products including cake dressings, candies, chocolates, cookies, and marzipan schwein among many others. Evident popularity of these confectionery products is expected to fuel the growth of the Marzipan Market in coming years. Although deeply rooted in European food culture, marzipan has been embraced by a variety of culture worldwide, ensuring steady growth of the marzipan market in the global space. 

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While European countries embrace marzipan as a traditional food during the wedding and religious feasts, Latin America has been embracing marzipan-like sweet called mazapan which has peanut in place of almonds. American culture is more familiar to miniature fruit shapes made from marzipan. With the widespread adoption and fondness of marzipan, the marzipan market is expected to grow at an impressive rate in the near future. As manufacturers in the confectionery industry continue to introduce traditional as well as novel marzipan products, the global demand for marzipan is set to witness a positive growth trajectory in future. However, the presence of other sweet alternatives and trend of DIY to make marzipan at home are factors expected to confine progress of the marzipan market.

Marzipan Market Outlook

Confectionery products are a special treat that plays an essential role in celebrations, festivals, and family events. Indulging consumer’s desire for chocolates, sweets, and candies has an upsurge in the growth of confectionery industry worldwide. According to U.S. Census Bureau, in 2010, the per capita consumption of candies by U.S. population was 11.2 kg. Thus, expanding demand for high-end chocolates, cakes, mints spikes during holidays, such as Christmas, Valentine’s Day, and many other occasions’ accounts for growth in the confectionery businesses globally. Marzipan is a confection which is mainly made of powdered sugar or honey, and ground almonds sometimes augmented with almond extract. Due to its elasticity mixture feature, it is used to prepare a variety of marzipan products without any additives such as candies, cakes, marzipan flowers, fruits, dessert decorations, biscuits, and others. In Europe, marzipan is a traditional dessert which is prepared rather fixed then colored, baked, and molded into flower and small animal shapes. In most of the countries worldwide marzipan is mostly used to make Easter eggs, Christmas cakes, and sweets.

Marzipan Market: Reasons for Covering this Title

Nowadays, marzipan gets a lot of attention among consumers due to rising popularity of to-go cake products which is expected to grow the market at a rapid growth rate in the near future. The marzipan market is anticipated to perform well during the forecast period, as consumer’s preference for multivariate confectionery products is changing along with the rise in demand for protein-enrichment and sweets with organic colors. Growing availability of marzipan products with natural color and flavor, and an upsurge in the cake businesses to cater to the growing customer demand for custom cakes including Christmas cakes, wedding cakes as well as innovative-decorated cakes for special occasions. Moreover, increasing in the number of celiac patients along with growing health consciousness among consumer there in expanding demand for gluten-free products in the market.

Global Marzipan: Market Segmentation

Based on flavor, the marzipan market is segmented into the following –

Vanilla
Chocolate
Nuts & Cereals
Spices
Fruits
Beverages
Others
Based on packaging, the marzipan market is segmented into the following –

Tubes
Cans
Boxes
Others
Based on distribution channel, the marzipan market is segmented into the following –

Direct
Indirect
Store-based Retailing
Hypermarket/Supermarket
Convenience Stores
Specialty Stores
Food & Drinks Health Stores
Online Retailer
Global Marzipan Market: Key Players

Some of the key players operating in the global Marzipan market are J. G. Niederegger GmbH & Co. KG, Zentis GmbH & Co. KG, Moll Marzipan GmbH, Odense Marcipan Company, Georg Lemke GmbH u. Co. KG, Carstens Lübecker Marzipan, JF Renshaw Ltd., ATLANTA Poland S.A., Horst Schluckwerder OHG, Aachener Printen- und Schokoladenfabrik Henry Lambertz GmbH & Co. KG, KONDIMA Engelhardt GmbH & Co. KG, Sonneveld GmbH, Lanwehr GmbH, GoodMills Innovation GmbH, LUZYCKIE PRALINY Sp. z o.o., Weseke Dragees GmbH, EDNA International GmbH, among others.

Emergence of small enterprises, rise in per capita consumption of confectioneries, changing consumer taste and preference for baked foods, cakes, and expanding in-store bakeries are the factors accelerating the growth of the global marzipan market. In Italy and Greece, marzipan is a traditional food which is mainly consume during festivities such as weddings, Christmas, and religious festival days. All these factors indicate a significant growth in the marzipan market during the forecast period. However, rise in price of almonds and availability of alternative may hamper the growth of marzipan market in the near future.

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Key Data Points Covered in the Report

Some of the key data points covered in our report include:

An overview of the marzipan market, including background and evolution
Macroeconomic factors affecting the marzipan market and its potential
Market dynamics impacting the marzipan market, such as drivers, challenges and trends
Detailed value chain analysis of the marzipan market
Cost structure of the products and segments covered in the study
In-depth pricing analysis, by key product segments, regions and by major marzipan market participants
Analysis of marzipan supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
Analysis of the marzipan market structure, including a tier-wise categorization of key market participants
Competitive landscape of the marzipan market, including detailed profiles of the top players in this market
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
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