(Food-Beverage-News.Com, September 15, 2017 ) Global Fillings and Toppings Market has been estimated at USD 9.11 billion in 2016 and is projected to reach USD 12.06 billion by 2021, at a CAGR of 5.77% during the forecast period from 2016 to 2021. The market is driven by the demand from Asia-Pacific countries, predominantly India, China, Japan, Australia, & New Zealand. The market is vastly affected with the upsurge in size of the confectionery and bakery industries and rise in disposable income & urbanization.
Pizzas and Burgers have widely penetrated the world food markets leading to Fillings & toppings being internationally wanted and accepted by a growing population. The fast reception of the Western culture by individuals and expanding disposable income have made them ready to manage the cost of junk food.
Fillings and Toppings products are used to enrich the visual appeal of the food products and the demand for fillings and toppings is projected to grow, due to prompt increase in demand for confectionery products and bakery products, rise in disposable income, and rapid urbanization. However, strict international quality standards & regulations and increase in raw material prices are the major limitations for this market.
The Global market for Fillings and Toppings market Products is categorized on the basis of Type, the market has been segmented into Syrups, pastes and variegates, Fondants, Creams, Fruits & nuts and Sprinkles. On the Basis of Application, the market has been segmented into Confectionery products, Bakery products, Dairy products & frozen desserts, Convenience foods and Beverages. Based on Form, market is divided into Solid, Liquid, Foam and Gel. Based on Flavour, the market has been segmented as Fruit, Caramel, and Chocolate, Vanilla, Nuts and Others (mint, coffee, and herbs). Based on Raw Material, the market has been segmented into Hydrocolloid, Starch, Fruits, Dairy ingredients, Sweeteners, Cocoa and Others (nuts, coffee, and herbs). On the basis of geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
Reasons to buy Global Fillings and Toppings Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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