Marzipan Sales Rise as Confectionery Industry Refocuses on Traditional Approaches
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.
Claim Sample Report For FREE: https://www.factmr.com/connectus/sample?flag=S&rep_id=658
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 –
Nuts & Cereals
Based on packaging, the marzipan market is segmented into the following –
Based on distribution channel, the marzipan market is segmented into the following –
Food & Drinks Health Stores
Request Full Report With TOC: https://www.factmr.com/connectus/sample?flag=T&rep_id=658
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.
Key Developments in the Global Marzipan Market
In 2016, GoodMills GmbH has introduced cereal based marzipan in the powdered form used in the production of baked goods. This cereal based marzipan is versatile in use developed either entirely with water or with whole egg. It is made from the nut-free component which allows products to be placed for specific customers with the nut allergy.
In 2015, J. G. Niederegger GmbH & Co. KG introduced a novel marzipan product for men namely “Man Stuff,” in which marzipan is colored slightly with bitter flavors like whiskey and cashews with virile packaging like toolboxes.
Opportunities for Marzipan Market Participants
The European market is likely to be the foremost market in the global marzipan market owing to high demand for marzipan for making Christmas cakes along with the availability of marzipan into various shapes such as snowmen, pigs, and Christmas trees. Companies in the market are focusing on widening their product portfolio to have a competitive edge in the market.
Grow Your Business From Expert Advice: https://www.factmr.com/report/658/marzipan-market
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Marzipan Sales Rise as Confectionery Industry Refocuses on Traditional Approaches here
News-ID: 1513042 • Views: 137
More Releases from Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
More Releases for Marzipan
Global Marzipan Market to Witness a Pronounce Growth During 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Marzipan market. Marzipan is a kind of confection consisting primarily of sugar or honey and almond meal, sometimes augmented with almond oil or extract and so on. In the report, it includes the direct consumption of marzipan paste and used as a raw material of cake. With the development of science and technology, more and more industrial
Global Marzipan Market growth and trends by 2018-2025| Moll Marzipan, Odense Mar …
Qyresearchreports include new market research report "Global Marzipan Market Professional Survey Report 2018" to its huge collection of research reports. This report studies the global Marzipan market status and forecast, categorizes the global Marzipan market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East
Marzipan Market 2018 Global Analysis By Key Players – Niederegger, Zentis, Mol …
Summary WiseGuyReports.com adds “Marzipan Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Marzipan Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Marzipan Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product
Global Finished Marzipan Market 2018 - Niederegger, Carsten, Renshaw, Zentis, Lu …
The Aim of the “Global Finished Marzipan Market” report is to depict the trends and forecasts for the Finished Marzipan industry over the coming years. Finished Marzipan Market report has been made with inputs from industry professionals. The primary focus of the Finished Marzipan market report is to gain insightful investigation of the market and have an extensive understanding of the global Finished Marzipan industry and its commercial landscape. Further,
Global Marzipan Market growth and size factors are revealed.
The Global Marzipan Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of 2.8 %, to reach USD xx billion by 2021. Marzipan is a confectionary product made up of sugar or honey and almond meals. The confection traces its origins to a German city, Lubeck. It is made into various products like sweets, chocolates covered with marzipan and marzipan imitations like fruits,
Global Marzipan Market: Key vendors - Moll Marzipan, Niederegger, Odense Marcipa …
Latest industry research report on: Global Marzipan Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Marzipan is a type of confectionery product which is primarily made by using sugar, honey, and ground almonds. The confection traces its origins to a German city, Lbeck. In 2016, EMEA was the region where marzipan products were widely popular. However, marzipan products have been growing steadily in demand in