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Confectionery Fillings Global Market $1.5 Billion at a CAGR of 5.4% By 2028 | Key Players: Cargill Inc., Parker Products LLC, Ferrero SpA, Kerry Group, Meiji Co.
Confectionery Fillings Market
The Business Research Company's Confectionery Fillings Global Market Report 2023 identifies the rapid growth of the chocolate industry is expected to propel the growth of the confectionery fillings market going forward. The chocolate industry refers to the sector of the economy that involves the production, processing, distribution and sale of chocolate and chocolate-related products.
The confectionery fillings market size has grown strongly in recent years. It will grow from $1.15 billion in 2023 to $1.22 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increasing consumer demand for sweet snacks, growth of the confectionery industry, rising disposable income, seasonal and festive demand for filled confections. The confectionery fillings market size is expected to see strong growth in the next few years. It will grow to $1.5 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%.
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Major players in the confectionery fillings market are Cargill Inc., Archer-Daniels-Midland Company, Tata and Lyle PLC, Parker Products LLC, FrieslandCampina Kievit N.V., Ferrero SpA, Kerry Group, Meiji Co., Barry Callebaut AG, Domson Ltd., Ingredion Incorporated, AGRANA Beteiligungs-AG, Danisco A/S, Döhler GmbH, Ashland Inc., AAK AB, Dawn Foods Products Inc., Royal Zeelandia Group BV, Zentis GmbH & Co. KG, Clasen Quality Chocolate Inc., Puratos Corporation, Clansen Quality Coating Inc., Taura Natural Ingredients, Fruit Fillings Inc., Alsiano A/S.
Fluctuating prices of raw materials are expected to hinder the growth of the confectionery fillings market. Fluctuating prices of raw materials, such as sugar, cocoa, and dairy products, can impact the profitability of the market and increase the prices of confectionery fillings.
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The Confectionery Fillings market is segmented -
1) By Product Type: Fruit Fillings, Non-Fruit Fillings, Nut-Based Fillings
2) By Form: Solid, Liquid, Semi-Liquid
3) By Application: Chocolate, Bakery, Other Applications
4) By Distribution Channel: Wholesale Or Distributor, Confectionery Store Or Retailer, Hypermarket Or Supermarket, E-Commerce
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Confectionery Fillings market.
The Business Research Company's "Global Confectionery Fillings Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Confectionery Fillings Market Include:
1. Executive Summary
2. Confectionery Fillings Market Characteristics
3. Confectionery Fillings Market Trends And Strategies
4. Confectionery Fillings Market - Macro Economic Scenario
5. Confectionery Fillings Market Size And Growth
……
27. Confectionery Fillings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Confectionery Fillings Market
29. Confectionery Fillings Market Future Outlook and Potential Analysis
30. Appendix
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