Nougat Market Growth: What's Fueling the Sweet Revolution By 2031?

The Global Nougat Market reached USD 350.5 million in 2022 and is projected to witness lucrative growth by reaching up to USD 525.7 million by 2030. The market is growing at a CAGR of 5.2% during the forecast period 2024-2031.

Nougat Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Nougat is a sweet confection made primarily from sugar or honey, almonds or other nuts, and egg whites, often mixed with chocolate or fruit. It can be chewy or crunchy and is commonly found as a filling in candies or desserts.

Top 10 Companies in Nougat Market:

✦ Margaret River Nougat
✦ Paton
✦ Walters Macadamia
✦ Flying Swan
✦ The Savanna
✦ Hawaiian
✦ Quaranta
✦ Golden Bonbon
✦ Mondo Nougat
✦ Chabert Et Guillot

Industry Development:

On April 26, 2023, the Almond Board of California attended the ISM Sweets & Snacks trade fair in Cologne to present its new report, which highlighted almonds as the most preferred ingredient for inclusion in chocolate products with nougat, according to global consumer preferences.

Segment Covered in the Nougat Market:

By Type: White, Brown, Others

By Distribution Channel: Retail Stores, Online Retailers, Confectionery and Specialty Shops, Others

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