Confectionery Ingredients Market was valued at USD 77.4 Billion in 2022 and is projected to reach USD 111.2 Billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030.
Looking ahead from 2023 to 2033, the demand for confectionery ingredients is poised to continue expanding, with a few notable shifts in consumer behavior and technological advancements. The post-pandemic era has created a new set of consumer preferences, with more individuals seeking indulgent yet healthier alternatives. The ongoing trend of functional ingredients in confectionery—such as added vitamins, probiotics, and minerals—presents an exciting growth area for the industry. Manufacturers are innovating to incorporate these health-boosting ingredients without compromising on taste or texture.
Additionally, sustainability and transparency in sourcing remain top priorities, and there is an increasing emphasis on plant-based, allergen-free, and ethically produced confectionery items. The demand for premium confectionery, especially in emerging markets, is expected to rise as consumers continue to indulge in gourmet sweets. Technology will play a critical role in this shift, with advances in food processing, packaging, and ingredient sourcing leading to more efficient production and better quality products.
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The confectionery ingredients market has seen significant growth from 2018 to 2022, driven by increasing demand for innovative products, evolving consumer preferences, and a surge in the popularity of sweet treats across the globe. In this period, natural and organic ingredients, including cocoa, sugar, and dairy, experienced substantial demand as consumers sought healthier alternatives. Moreover, the expansion of premium and artisanal confectionery products, along with rising disposable incomes, contributed to the upward trajectory of the market.
The market also saw the integration of newer trends such as plant-based, vegan, and sugar-free options, addressing the needs of health-conscious consumers. Manufacturers capitalized on these trends by introducing new confectionery items, including chocolates, gummies, and hard candies, that catered to different dietary restrictions and preferences. As sustainability became a key concern, the market also witnessed an increased focus on eco-friendly packaging and responsibly sourced ingredients.
Cargill
Incorporated
Archer Daniels Midland Company
Olam International Ltd.
Barry Callebaut
E. I. Du Pont De Nemours and Company
Koninklijke DSM N.V.
Kerry Group PLC
Arla Foods
Tate & Lyle PLC
Ingredion Incorporated
Aarhuskarlshamn (AAK)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Confectionery Ingredients Market
Chocolate
Sugar Confectionery
Gum
Others
Based on Types the Market is categorized into Below types that held the largest Confectionery Ingredients market share In 2023.
Chocolate
Sugar confectionery
Gum
Others (fillings
coatings
caramel
aerated confectionery
spreads
and cereal bars)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Confectionery Ingredients Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Confectionery Ingredients Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Confectionery Ingredients Market, By Type
6. Global Confectionery Ingredients Market, By Application
7. Global Confectionery Ingredients Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Confectionery Ingredients Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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