The Global Sugar Decorations & Inclusions Market is projected to grow from $1.5 billion in 2020 to $2.1 billion by 2025, recording a CAGR of 6.3% during the forecast period.
Growth of bakery & confectionery sectors to drive the market growth for sugar decorations & inclusions.
The increase in the consumption of bakery products and desserts and the increasing demand for flavored and textured food products across regions is projected to drive the demand for sugar decorations and inclusions. The rise in incomes across regions and the growth of economies are factors that have encouraged consumers to opt for appealing and textured products.
In addition, the development of low-calorie and healthy sugar decorations and inclusions by key players in the sugar decorations & inclusions market are factors that are projected to provide growth opportunities for key players. However, the fluctuating prices of raw materials, such as sugar, starches, and food colorants, area major factor that is projected to hinder the growth of the market.
The jimmies segment is projected to dominate the market during the forecast period.
Jimmies are the rainbow-colored clumps and toppings used on cakes and ice-creams. Jimmies are widely used in cake decorations. They are easily available in grocery stores and supermarkets in packaged bottles and jars and are available in mixed colours. Thus, this segment is projected to dominate the market during the forecast period.
The natural colorant segment is projected to grow at a higher growth rate during the forecast period
The increase in demand for clean-label products due to the rise in health awareness has led to an increase in the use of natural food colorants in sugar sprinkles. This is projected to drive the growth of this segment during the forecast period.
The home bakers segment is projected to record the highest growth rate during the forecast period.
Since bakery products are one of the fastest-growing food industry segments, home bakers are witnessing increased demand for sugar inclusions to produce bakery products at the convenience of home and using the flexibility of e-commerce channels to reach the maximum number of customers. Thus, the home bakers segment is projected to grow at the highest rate during the forecast period.
The North America region is projected to dominate the market during the forecast period.
The North America region is projected to dominate the market during the forecast period due to the presence of a large number of bakeries and restaurants serving desserts. In addition, the increasing snacking trends are a few factors that are projected to drive the demand for sugar decorations and inclusions in the region. Countries, such as the US and Mexico, will majorly contribute to the growth of the sugar decorations & inclusions market in North America.
The sugar decorations & inclusions market-comprises major players, such as Dr. Oetker (Germany), Kerrry Inc. (Ireland), Barry Callebaut (Switzerland), The Kraft Heinz Company (US), Pecan Deluxe Candy Company (US), Signature Brands LLC (US), Hanns G. Werner GmBH + Co.KG (Germany), Carroll Industries NZ Ltd. (New Zealand), Cape Foods (South Africa), and Paulaur Corporation (US). The study includes an in-depth competitive analysis of these players in the sugar decorations & inclusions market, with their company profiles, recent developments, and key market strategies.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Attractive Opportunities in the Sugar Decorations & Inclusions Market 4.2 Sugar Decorations & Inclusions Market, by Type 4.3 Market, by Application 4.4 Market, by Colorant 4.5 Market, by End-user 4.6 North America: Market, by Type and Country 4.7 Sugar Decorations & Inclusions Market, by Country
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 18.104.22.168 Rise in the Consumption of Confectionaries & Bakery Products Across Regions 22.214.171.124 Increase in Demand for Value-Added Food Products 5.2.2 Restraints 126.96.36.199 Fluctuations in the Raw Material Pricing 188.8.131.52 Adverse Side-Effects of Synthetic Additives Used in Sugar Sprinkles 184.108.40.206 Sluggish Growth Rate Due to the Rise in the Number of Health-Conscious People Avoiding Sugar 5.2.3 Opportunities 220.127.116.11 Development of Low-Calorie and Healthy Sugar Decorations and Inclusions 18.104.22.168 Rising Demand for Sugar Decorations and Inclusions from Emerging Markets, such as China, India, Brazil, and the Middle East 5.2.4 Challenges 22.214.171.124 Threat of Substitute Products 5.3 Supply Chain Analysis 5.4 Yc Ycc Shift
6 Sugar Decorations & Inclusions Market, by Type 6.1 Introduction 6.2 Jimmies 6.2.1 Easy Availability of Jimmies in Grocery Stores to Drive the Market Growth 6.3 Quins 6.3.1 Availability of Nut-Free, Gm-Free, Gluten-Free, and Lactose-Free Quins to Drive the Demand 6.4 Dragees 6.4.1 Dragees Enhance the Appearance of Confectionery and Bakery Products 6.5 Nonpareils 6.5.1 Nonpareils are Useful for Enhancing the Appearance of Wedding Cakes 6.6 Caramel Inclusions 6.6.1 Caramel Inclusions help in Enriching the Taste of Food Products 6.7 Sanding & Course Sugar 6.7.1 Sanding & Course Sugar Improve the Taste and Appearance of Products 6.8 Single Pieces 6.8.1 Single Pieces Make the Appearance of Products more Appealing
7 Sugar Decorations & Inclusions Market, by Colorant 7.1 Introduction 7.2 Natural 7.2.1 Natural Colorants are Used in Manufacturing Sprinkles Due to the Increasing Demand for Clean-Label Ingredients 7.3 Artificial 7.3.1 Synthetic Food Colors Dominate the Emerging Markets and are Less Expensive
8 Sugar Decorations & Inclusions Market, by Application 8.1 Introduction 8.2 Cereals & Snack Bars 8.2.1 Inclusions are Majorly Used in Cereals & Snack Bars to Enhance their Texture 8.3 Ice-Cream & Frozen Desserts 8.3.1 Sprinkles are Majorly Used Decorations on Ice-Creams & Frozen Desserts to Increase their Appeal 8.4 Chocolate & Confectionery Products 8.4.1 Sprinkles Witness a High Demand in Chocolate and Confectionery Products for Improved Aesthetic Value 8.5 Cakes & Pastries 8.5.1 Cakes & Pastries are the Key Products that Witness Significant Application of Sugar Decorations and Inclusions 8.6 Other Bakery Applications
9 Sugar Decorations & Inclusions Market, by End-user 9.1 Introduction 9.2 Food Manufacturers 9.2.1 Cereals & Snack Bars 126.96.36.199 Inclusions are Increasingly Used in Cereals and Snack Bars for Enhancing the Texture 9.2.2 Cakes & Pastries 188.8.131.52 Sugar Sprinkles and Inclusions Enhance the Appearance of Cakes & Pastries 9.2.3 Chocolate & Confectionery 184.108.40.206 Sugar Decorations and Inclusions Improve the Taste and Texture of Chocolate and Confectionery Products 9.2.4 Ice-Creams 220.127.116.11 the Development in the Ice-Cream and Other Dairy Product Industries is Projected to Drive the Market Growth 9.3 Foodservice Industry 9.3.1 Hotel, Restaurants, and Cafes 18.104.22.168 Increasing Number of Hotels, Restaurants, and Cafes Serving Desserts to Drive the Growth 9.3.2 Bakery & Pastry Shops 22.214.171.124 Rising Consumption of Bakery and Confectionery Products to Drive the Demand 9.3.3 Ice-Cream Parlors 126.96.36.199 Decorations and Inclusions Enhance the Texture and Appearance of Ice Creams 9.4 Home Bakers 9.4.1 Increasing Number of Home Bakers and the Expansion of E-Commerce Platforms to Drive the Market Growth
10 Sugar Decorations & Inclusions Market, by Region 10.1 Introduction 10.2 North America 10.2.1 Us 10.2.1.1 Presence of a Large Number of Bakeries and Restaurants to Drive the Growth of the Snacks Market in the Us 10.2.2 Canada 10.2.2.1 Increase in the Disposable Income of Canadians Create Lucrative Opportunities for Manufacturers in the Sugar Decorations & Inclusions Market 10.2.3 Mexico 10.2.3.1 Increase in the Number of Grocery Stores in Mexico is Projected to Drive the Growth of the Sugar Decorations & Inclusions Market 10.3 Europe 10.3.1 Germany 10.3.1.1 the High Economic Growth of Germany is Projected to Drive the Market Growth of Bakery Ingredients 10.3.2 France 10.3.2.1 France to be a Major Consumer of Sugar Decorations and Inclusions Due to the Increasing Consumption of Bakery Products 10.3.3 Italy 10.3.3.1 Established Ice-Cream and Bakery Industries in Italy to Drive the Growth of the Sugar Decorations & Inclusions Market 10.3.4 Uk 10.3.4.1 Increasing Use of Sugar Decorations in the Bakery Industry to Drive the Demand in the Uk 10.3.5 Spain 10.3.5.1 Increase in the Number of Artisanal Bakers in Spain to Drive the Growth of the Sprinkle Market 10.3.6 Netherlands 10.3.6.1 Growing Consumption of Dairy Products and Bakery Products have Led to High Growth Potential for Manufacturers in the Netherlands 10.3.7 Rest of Europe 10.4 Asia Pacific 10.4.1 China 10.4.1.1 Increasing Consumption of Premium Quality Products to Drive the Market Growth 10.4.2 Japan 10.4.2.1 Changing Consumer Lifestyles and Food Preferences to Drive the Demand for Sugar Decorations 10.4.3 India 10.4.3.1 Increasing Inclination of Consumers Toward Western Diets and the Willingness to Try Innovative Product Offerings to Drive the Market Growth 10.4.4 Australia & New Zealand 10.4.4.1 Increasing Willingness of Consumers to Opt for Innovative Products is Driving the Market Growth 10.4.5 Rest of Asia Pacific 10.5 South America 10.5.1 Brazil 10.5.1.1 Busy Lifestyle of Consumers to Drive the Demand for Confectioneries and Ready-To-Eat Food Products 10.5.2 Argentina 10.5.2.1 Increasing Demand for Specialty Foods and Consumer Willingness to Try Innovative Flavors is Driving the Market Growth 10.5.3 Rest of South America 10.6 Rest of the World 10.6.1 Middle East 10.6.1.1 Adoption of Western Culture and Diets Due to Globalization is Projected to Drive the Sugar Decoration & Inclusions Market in the Middle East 10.6.2 Africa 10.6.2.1 Growing Consumption for Sweet Baked Products to Encourage the Demand for Sugar Sprinkles in the Country