The global sugar toppings market was valued at USD 4.88 Billion in 2015 and is projected to reach USD 6.93 Billion by 2021, at a CAGR of 6.0% from 2016 to 2021.
This growth is mainly attributed to the rising consumption of confectioneries, growth in the consumption of low-sugar topping products in Europe, marketing of breakfast syrups and beverage sauces in the Asian market, and rising demand of sugar toppings from emerging markets such as China, India, Brazil, and the Middle East.
The main reasons responsible for the rise in consumption of confectioneries are increasing disposable income, growing retail market, increasing trend of gifting confectioneries items as well as increasing population and urbanization.
North America held the largest share of the global sugar toppings market in 2015. The dry sugar toppings segment of the North America sugar toppings market is witnessing growth due to increased consumption of confectioneries. Most global players in the sugar toppings market are based in this region. In addition, the population in this region consumes more high-sugar and high-calorie food as compared to other regions.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Sugar Toppings Market, By Type
8 Global Sugar Toppings Market, By Channel
9 Global Sugar Toppings Market, By Region
10 Global Sugar Toppings Market : Competitive Landscape
11 Global Sugar Toppings Market, By Company
- The J.M. Smucker Company
- The Hershey Company
- Pinnacle Foods, Inc.
- The Kraft Heinz Company
- Baldwin Richardson Foods Co.
- Monin Inc.
- R. Torre & Company, Inc.
- W. T. Lynch Foods Ltd.
For more information visit http://www.researchandmarkets.com/research/jbq953/sugar_toppings
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SOURCE Research and Markets