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Sugar Decorations & Inclusions Market Driving Factors and Future Trends 2025

11-11-2021 12:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

The global sugar decorations & inclusions market size is projected to grow from USD 1.5 billion in 2020 to USD 2.1 billion by 2025, recording a compound annual growth rate (CAGR) of 6.3% during the forecast period. The increasing demand for bakery and confectionery products across regions, along with a high demand for value-added products, are some of the major factors that are projected to drive the growth of the sugar decorations & inclusions market during the forecast period. Furthermore, the shift in consumer trends, such as an increase in the preference for appealing, textured, and flavored food products are projected to encourage the market growth.

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The jimmies segment is estimated to be the largest and fastest-growing segment, on the basis of type, in the sugar decorations & inclusions market.

Jimmies are widely used for decorations in bakery products, ice-creams, and frozen desserts. The growing bakery sector across regions has led to an increase in demand for jimmies, which are also readily available in grocery stores across regions.

On the basis of colorant, the natural colorant segment is projected to be the fastest-growing during the forecast period.

By colorant, the natural segment is projected to be the fastest-growing segment. The changing preferences and rising awareness about the overall health of individuals have led to an increase in the number of people opting for natural colorants over the synthetic ones. The increasing use of plant-extracts will also drive the demand for natural colorants in sugar decorations and inclusions. The trend of using clean-label will further encourage the use of natural colors in the sugar decorations & inclusions market.

The cakes & pastries segment, on the basis of application, is projected to dominate the market during the forecast period.

Sugar decorations and inclusions are widely used in the bakery industry. They are used for cake decoration supplies and as add-ins for bakery products, such as cakes and pastries. The major use of sugar sprinkles and sugar inclusions in cakes & pastries is projected to drive the growth of this segment during the forecast period.

On the basis of end user, the foodservice industry segment is projected to hold the largest market share during the forecast period.

On the basis of end user, the foodservice industry segment is projected to hold the largest market share due to the increasing number of restaurants, cafes, and hotels across regions. The growing consumption of confectioneries and desserts in foodservice outlets and a high preference for flavored, textured, and appealing products by consumers is projected to contribute to the growth of this segment.

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Asia Pacific is projected to account for the fastest growth in the sugar decorations & inclusions market during the forecast period.

The Asia Pacific region is projected to be the fastest-growing market during the forecast period. The growth of the market in this region is majorly driven by the rising consumption of convenience bakery products, such as cakes & pastries. Consumers in Asian countries are increasingly accepting international cuisines and flavors, which is encouraging established brands and new bakeries to invest in sugar sprinkles. In addition, the increase in demand for value-added products in the region, supported by the growing economy, is further projected to drive the growth of the market.

Key players in the global sugar decorations & inclusions market include Dr. Oetker (Germany), Kerrry Inc. (Ireland), Barry Callebaut (Switzerland), The Kraft Heinz Company (US), Pecan Deluxe Candy Company (US), Signature Brands LLC (US), Hanns G. Werner GmBH + Co.KG (Germany), Carroll Industries NZ Ltd. (New Zealand), Cape Foods (South Africa), and Paulaur Corporation (US). These players have broad industry coverage and high operational and financial strength.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

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