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Confectionery Ingredients Market Report: Size, Share, Trends, Growth, Technology, Application, Analysis And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Confectionery Ingredients Market Size, Growth Rate, And Forecast
The global confectionery ingredients market is expected to grow from $72.40 billion in 2022 to $77.26 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The confectionery ingredients market is expected to grow to $98.34 billion in 2027 at a CAGR of 6.2%.
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Confectionery Ingredients Market Drivers
The rising consumption of confectionery goods is driving the confectionery ingredients market. The confectionery goods include sweet foods and consumables, such as baked goods and sweets. The increasing demand for gourmet products and changing food habits are leading to a rise in confectionery products. Confectionery ingredients are used in making confectionery products.
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Confectionery Ingredients Market Segments
1) By Type: Dairy Ingredients, Cocoa and Chocolate, Emulsifiers, Sweeteners, Oil and Shortening, Flavoring Ingredients, Other Types
2) By Source: Natural, Synthetic
3) By Form: Dry Form, Liquid Form
4) By Application: Chocolate Confectionery, Sugar Confectionery, Chewing Gums, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Confectionery Ingredients Market.
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Confectionery Ingredients Market Key Players
Major competitors in the Confectionery Ingredients Market include Cargill Incorporated, Archer Daniels Midland Company, DuPont de Nemours Inc., Kerry Group Plc., Arla Foods, Tate & Lyle Plc., Olam International, Barry Callebaut, Ingredion Incorporated, Koninklijke DSM N.V., AAK AB, Döhler GmbH, AarhusKarlshamn, Brisan Group, and Tereos Starch & Sweeteners SAS
The Business Research Company's "Global Confectionery Ingredients Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Confectionery Ingredients Market Include:
1. Executive Summary
2. Confectionery Ingredients Market Characteristics
3. Confectionery Ingredients Market Trends And Strategies
4. Confectionery Ingredients Market - Macro Economic Scenario
5. Confectionery Ingredients Market Size And Growth
.......
26. Africa Confectionery Ingredients Market
27. Confectionery Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Confectionery Ingredients Market
29. Confectionery Ingredients Market Future Outlook and Potential Analysis
30. Appendix
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