Confectionery Fillings Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.20 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Confectionery Fillings Market Analysis
The global confectionery market is projected to reach a CAGR of 6.2% during the forecast period (2022-2027).
The confectionery filling market was impacted due to the COVID-19 pandemic, including supply-side issues linked to quality and certification. The public sector is providing support to strengthen partnerships and relationships between fine cocoa producers and chocolate companies to enhance the resilience of marketing infrastructure. However, as people nowadays prefer on-the-go snacks with higher protein, confectionery-filled chocolates are on a growing stage, and e-commerce orders for groceries and other essentials have accelerated the growth of the market.
Confectionery chocolate lovers around the world are placing more emphasis on quality, owing to increasing health concerns and the surge in wanting to indulge in fine flavors. They are willing to pay extra for chocolate products that meet their demand. The consumer's paradigm shift toward high-quality confectionery products, such as single-origin chocolates, organic chocolates, handmade chocolates, artisan chocolates, and other chocolate products, is a major factor driving the chocolate market across the world.
Confectionery Fillings Market Trends
This section covers the major market trends shaping the Confectionery Fillings Market according to our research experts:
Growing Demand for Flavoured Confectionery Filling Products
The consumer trend pertaining to better-for-you snacks gives candies, gums, chocolates, and snack bars made with functional ingredients an opportunity to scoop up their shares in the health and wellness product categories. Functional confectionery continues to grab the interest of both companies and consumers who are looking forward to newer and value-added products. Thus, companies operating in the market are adding healthy ingredients to their brands in an effort to differentiate themselves from the rest.
Confectionery companies are formulating products with chia seeds, pomegranates, and sea salt.Sea salt and super fruits have shown continued growth in the functional confectionery category, as candy makers use on-trend ingredients, like pomegranate, cranberry, and acai, in innovative ways. One of the most popular vehicles for functional ingredients is gum, which is being utilized for its appeal as a unique delivery system. Gums also improve the delivery of healthy ingredients. Mints and gums are also becoming popular sources for providing energy-based health benefits. Functional gum and mint products have focused on benefits, such as cavity prevention, mouth cleaning, and teeth whitening. The increasing innovation in the functional confectionery sector is leading to growth in the market.
Europe Holds the Major Share
An increase in the working population in Europe is changing the food trend of the consumers, which is increasing the demand for bakery and confectionery products which in turn increases the demand for confectionery filling. Rapid growth in the chocolate industry in the Europe region is a factor growing the confectionery filling market as well.
The country has a high preference for EU-produced chocolates, which was earlier relying on Ukraine. Germany is one of the largest suppliers of chocolate to Russia.On the other hand, snack bar consumption volumes in the Russian Federation have been rising, with increasing healthy eating in the natives. The Russian snack bar market has been driven by the huge demand for special offerings which are GMO-free, gluten-free, and devoid of artificial preservatives, dyes, flavors, and emulsifiers. For instance, Bite, which is a Russian domestic brand in fruit and nut bars, has been offering products that are completely natural, sugar-free, and enriched with protein, fiber, omega-3, and omega-6 fatty acids.
Confectionery Fillings Industry Overview
The confectionery market is fragmented with the presence of both regional and international players such as ADM, Barry Callebaut, Danisco, Zeela India, etc. The major players are continuously focusing on product innovation. Furthermore, manufacturers in the market studied have been largely focusing on chocolates for special occasions, such as Valentine's Day, Easter, and Christmas, by offering special chocolates in different colors and shapes, matching the theme of the celebration.
Confectionery Fillings Market Leaders
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Archer Daniel Midland
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ZeelaIndia
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Barry Callebaut
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Dupont
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Clansen Quality coating
*Disclaimer: Major Players sorted in no particular order
Confectionery Fillings Market News
- In February 2022, Dawn Foods launched a new range of fat-based, pre-and post-bake, ready-to-use Delicream cocoa fillings for croissants, cookies or muffins, and other sweet bakery items.
- In March 2021, The Barry Callebaut Group opened new chocolate and compound manufacturing plant in Baramati, its third such facility in India and its biggest investment in the country.
- In May 2021, ZeelIndia acquired John Morley's assets, including fruit filling, fruit soaking, and mac paste. The deal was to enhance its offerings to its customer in industrial, craft, wholesale, and in-store bakery sectors across the country.
Confectionery Fillings Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and market definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Fruit Fillings
- 5.1.1.1 Cherry
- 5.1.1.2 Strawberry
- 5.1.1.3 Apple
- 5.1.1.4 Apricot
- 5.1.1.5 Others
- 5.1.2 Non Fruit Fillings
- 5.1.2.1 Chocolate
- 5.1.2.2 Caramel
- 5.1.2.3 Vanilla
- 5.1.2.4 others
- 5.1.3 Nut based Fillings
- 5.1.3.1 Nougat
- 5.1.3.2 Hazelnut
- 5.1.3.3 Peanut
- 5.1.3.4 Others
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5.2 Geography
- 5.2.1 North America
- 5.2.1.1 United States
- 5.2.1.2 Canada
- 5.2.1.3 Mexico
- 5.2.1.4 Rest of North America
- 5.2.2 Europe
- 5.2.2.1 United Kingdom
- 5.2.2.2 Germany
- 5.2.2.3 France
- 5.2.2.4 Russia
- 5.2.2.5 Italy
- 5.2.2.6 Spain
- 5.2.2.7 Rest of Europe
- 5.2.3 Asia-Pacific
- 5.2.3.1 India
- 5.2.3.2 China
- 5.2.3.3 Japan
- 5.2.3.4 Australia
- 5.2.3.5 Rest of Asia-Pacific
- 5.2.4 South America
- 5.2.4.1 Brazil
- 5.2.4.2 Argentina
- 5.2.4.3 Rest of South America
- 5.2.5 Middle-East and Africa
- 5.2.5.1 South Africa
- 5.2.5.2 Saudi Arabia
- 5.2.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Barry Calleabaut
- 6.4.2 Archer Daniels Midland company
- 6.4.3 Clansen Quality Coating
- 6.4.4 Tata&Lyle PLC
- 6.4.5 Argana Beteiigung
- 6.4.6 Ashland Global
- 6.4.7 ZeelaIndia
- 6.4.8 Highlanders partners L.P
- 6.4.9 Cargil Inc
- 6.4.10 Dupont
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
** Subject To AvailablityConfectionery Fillings Industry Segmentation
The global confectionery market is segmented by type and geography. By product type, the market has been segmented into fruit filling, nonfruit filling, nut-based filling, and others. By geography, it is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market size and forecast have been done based on value (in USD million).
| By Type | Fruit Fillings | Cherry |
| Strawberry | ||
| Apple | ||
| Apricot | ||
| Others | ||
| By Type | Non Fruit Fillings | Chocolate |
| Caramel | ||
| Vanilla | ||
| others | ||
| By Type | Nut based Fillings | Nougat |
| Hazelnut | ||
| Peanut | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | United Kingdom |
| Germany | ||
| France | ||
| Russia | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | India |
| China | ||
| Japan | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | South Africa |
| Saudi Arabia | ||
| Rest of Middle-East and Africa |
Confectionery Fillings Market Research FAQs
What is the current Confectionery Fillings Market size?
The Confectionery Fillings Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Confectionery Fillings Market?
Archer Daniel Midland, ZeelaIndia, Barry Callebaut, Dupont and Clansen Quality coating are the major companies operating in the Confectionery Fillings Market.
Which is the fastest growing region in Confectionery Fillings Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Confectionery Fillings Market?
In 2024, the Europe accounts for the largest market share in Confectionery Fillings Market.
What years does this Confectionery Fillings Market cover?
The report covers the Confectionery Fillings Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Confectionery Fillings Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Confectionery Fillings Industry Report
Statistics for the 2024 Confectionery Fillings market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Confectionery Fillings analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
