(Food-Beverage-News.Com, September 15, 2017 ) Middle East and Africa Fillings and Toppings Market has been estimated at USD 640 million in 2016 and is projected to reach USD 680 million by 2021, at a CAGR of 1.16% during the forecast period from 2016 to 2021. The market is vastly affected with the upsurge in size of confectionery and bakery industries and rise in disposable income & urbanization.
Texture and arrangement play a vital role in pizzas, burgers, co-extruded snacks, or meat, fish and filled bread toppings. Fillings and Toppings are internationally accepted due to altering eating habits of the people. The fast reception of the Western culture by individuals and expanding disposable income have made them ready to manage the cost of junk food.
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 Middle East and Africa market for Fillings and Toppings market Products is categorized on the basis of Type, the market has been segmented into Syrups, pastes & 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 Middle East & Africa market is analysed under various regions namely Middle East and Africa.
The major companies dominating the market share Cargill (U.S.), Archer Daniels Midland Company (U.S.), Barry Callebaut (Switzerland), AAK AB (Sweden), Ashland (U.S.), Highlander Partners, Tate & Lyle PLC (U.K.), AGRANA (Austria), Associated British Foods plc (U.K.), L.P. (U.S.) and Zentis GmbH & Co. KG (Germany) .
Market Segmentation
1) Type Fondants Creams Pastes & Variegates Fruits & Nuts Sprinkles Y-o-Y Growth Analysis, By Product Market Attractiveness Analysis, By Product Market Share Analysis, By Product
2) Application Bakery Confectionery Y-o-Y Growth Analysis, By Application Market Attractiveness Analysis, By Application Market Share Analysis, By Application
3) Flavor Fruits Chocolate Y-o-Y Growth Analysis, By Flavor Market Attractiveness Analysis, By Flavor Market Share Analysis, By Flavor
4) Raw Material Sweeteners Cocoa Y-o-Y Growth Analysis, By Raw Material Market Attractiveness Analysis, By Raw Material Market Share Analysis, By Raw Material
5) Form Solid Liquid Y-o-Y Growth Analysis, By Form Market Attractiveness Analysis, By Form Market Share Analysis, By Form
Reasons to buy Middle East and Africa 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 analyzing 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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