According to a new market report published by Credence Research “Confectionery Ingredients Market – Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023,” the confectionery ingredients market has been estimated to be valued at US$ 60.0 Bn by the end of 2016, and is expected to reach US$ 88.2 Bn by 2023, expanding at a CAGR of 5.7% from 2016 to 2023.
Browse the full report Confectionery Ingredients Market – Growth, Future Prospects and Competitive Analysis, 2016-2023 report at https://www.credenceresearch.com/report/confectionery-ingredients-market
The goal of the report is to explain the state of the Confectionery Ingredients market in the US, to present imports, exports, original and retrospective information about the volumes and dynamics of production and consumption, the features of the market for the period 2016-2023 and to develop a forecast for the market growth until 2023. In the same way, the report performs an elaborate survey of the main market participants, the price variations, the growth and demand drivers of the market and the factors, influencing its development. Last but not least, the report shows a general overview of the economy of US and EU in 2016-2023 and a projection for its growth in the medium term.
Confectionery items comprises of toffees, chocolates, candies, lollipops, bakery products and other sugar items that are rich in sweet and sugar content. The escalation in the consumption of these items has impelled the demand for confectionery ingredients over the past few years. Changing preferences of consumers related to consumption of confectionery items has impacted the market for confectionery ingredients as well. Besides this, it has been noticed that urbanization has led to rapid growth of confectionery goods as the population in tier 1 and 2 cities prefer to have food which is easily and conveniently available.
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Geographically, the Confectionery Ingredients Market report includes dedicated sections centering on the regional market revenue and trends. The Confectionery Ingredients market has been divided on the premise of geographic regions into North America, Europe, Asia Pacific and (RoW). The RoW section consists Latin America and also the Near East & Africa. The Confectionery Ingredients market has been extensively analyzed on the idea of assorted regional factors like demographics, gross domestic product (GDP), the rate of inflation, acceptance, and others. Confectionery Ingredients Market estimates have still been provided for the historical years 2013 & 2014 along with the forecast for the duration from 2016 – 2023.
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- Olam International
- Cargill Incorporated
- I. du Pont de Nemours and Company
- DSM Holdings.
- Archer Daniels Midland Co.
- Kerry Group Inc.
- Ingredion Incorporated
- Barry Callebaut
- Tate & Lyle PLC.
- Arla Foods.
Your key questions answered
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