Global Confectionery Ingredients Market Is Expected To Reach Around USD 109.07 Billion By 2032

Zion Market Research has published a new report titled “Confectionery Ingredients Market By Type (Cocoa & Chocolate, Dairy Ingredients, Hydrocolloids, Emulsifiers, Malts, Oils & Shortenings, Starch & Derivatives, Sweeteners, Flavors, And Others), By Source (Synthetic And Natural), By Form (Dry And Liquid), By Application (Chocolate, Sugar Confectionery, Gum, And Others), And By Region - Global And Regional Industry Overview, market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032”. According to the report, the global confectionery ingredients market was valued at approximately USD 78.53 billion in 2023 and is predicted to grow to around USD 109.07 billion by 2032 with a compound annual growth rate (CAGR) of roughly 3.84% between 2024 and 2032.

The growing number of health-conscious consumers and increasing preference for confectionery ingredients are expected to drive the global confectionery ingredients market over the forecast time period. Increasing investments made by various industry players on innovation and research and development activities are expected to positively impact the confectionery ingredients market growth in the future. Furthermore, the rising consumer awareness regarding the health benefits of chocolates is also anticipated to strengthen the confectionery ingredients market globally in the upcoming years. The rising demand for natural ingredients, changing eating habits, and the growing trend of gifting chocolates on special occasions and celebrations is projected to further fuel the global confectionery ingredients market growth in the years ahead.

Browse the full “Confectionery Ingredients Market By Type (Cocoa & Chocolate, Dairy Ingredients, Hydrocolloids, Emulsifiers, Malts, Oils & Shortenings, Starch & Derivatives, Sweeteners, Flavors, And Others), By Source (Synthetic And Natural), By Form (Dry And Liquid), By Application (Chocolate, Sugar Confectionery, Gum, And Others), And By Region - Global And Regional Industry Overview, market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024–2032” Report at https://www.zionmarketresearch.com/report/confectionery-ingredients-market

Confectionery products can also be produced with whey ingredients, which include whey powder and lactose. Lactose offers various benefits in confectionery products. Whey powder is used to decrease the contents of sugar and proteins along with substituting other milk products. Other confectionery ingredients include syrup, icing sugar, water, sucrose, skimmed milk, glucose, etc.

Based on the type, the confectionery ingredients market is segmented into cocoa and chocolate, dairy ingredients, hydrocolloids, emulsifiers, malts, oils and shortenings, starch and derivatives, sweeteners, flavors, and others. The cocoa and chocolate segment contributed the highest revenue share in 2023, due to growing industrialization, lifestyle-related changes among the consumers, and evolving food habits. On the basis of source, the market is segmented into synthetic and natural. The synthetic segment held a major share of the global confectionery ingredients market in 2023, as manufacturers mostly rely on confectionery ingredients from synthetic source due to its functional benefits and cost efficiency. Based on form, the market is segmented into dry form and liquid form. The dry form segment is expected to grow significantly in the future, owing to its functional advantages and operational efficiencies. On the basis of application, the market is segmented into chocolate, sugar confectionery, gum, and others. The sugar confectionery segment is expected to grow at the highest rate in the future, due to growing consumer preference for soft and chewy products, various applications of sugar confectionery in soft chews, candies, marshmallows, and other confectionery products, and low production costs.

By region, Europe held the major market share of the global confectionery ingredients market in 2023, due to the increasing confectionery ingredients demand and the rising popularity of garlic-flavored food products among the people. The Asia Pacific confectionery ingredients market is expected to show the highest CAGR over the forecast time period, owing to the increasing disposable income of people. Moreover, developing countries such as, India and China, are witnessing growing popularity for confectionery ingredients due to changing lifestyles and rising urban population base that prefer confectionery food items.

Some key players operating in the global confectionery ingredients market include Barry Callebaut, Arla Foods, Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Kerry Group, Olam International, Koninklijke DSM N.V., Ingredion Incorporated, and Cargill, among others.

This report segments the global confectionery ingredients market into:

Global Confectionery Ingredients Market: Type Analysis

• Cocoa and Chocolate
• Dairy Ingredients
• Hydrocolloids
• Emulsifiers
• Malts
• Oils and Shortenings
• Starch and Derivatives
• Sweeteners
• Flavors
• Others

Global Confectionery Ingredients Market: Source Analysis

• Synthetic
• Natural

Global Confectionery Ingredients Market: Form Analysis

• Dry Form
• Liquid Form

Global Confectionery Ingredients Market: Application Analysis

• Chocolate 
• Sugar Confectionery 
• Gum 
• Others

Global Confectionery Ingredients Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com