Confectionery Ingredients Market Trends

Statistics for the 2023 & 2024 Confectionery Ingredients market trends, created by Mordor Intelligence™ Industry Reports. Confectionery Ingredients trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Team License

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Corporate License

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Market Trends of Confectionery Ingredients Industry

This section covers the major market trends shaping the Confectionery Ingredients Market according to our research experts:

Rising Demand For Flavored Confectioneries

The demand for flavored confectioneries, such as chocolate, strawberry, orange, and others have witnessed a steady increase in its growth owing to its unique taste attracting the consumers, appealing packaging of products, along with marketing & promotional activities conducted by the key players to increase the outreach of their products among their targeted end-user segments. For instance, Ferrero, introduced a confectionery product-Kinder Joy, consisting of kinder toys within the chocolates and strategies such as blue chocolates and pink chocolates aimed at boys and girls respectively. In addition, the company also has conducted several marketing events. For instance, in 2016, the company initiated an innovative platform for storytelling, namely 'The Kinder Joy story station' to increase brand engagement. Such advertising and marketing strategies are bound to increase the demand for chocolate confectionery products over the forecast period. In addition, frequent launches of new products such as sugar-free chocolate and organic confectioneries in the confectionery market further boost market growth across the globe.

Confectionery Ingredients Market - Organic Confectionery Market: Year-On-Year Growth Rate (%), Global, 2018-2021

Asia Pacific To Be The Fastest-Growing Region In The Global Market

The Asia-Pacific region is projected to be the fastest-growing region in the global market of confectionery ingredients, owing to the rise in the demand for confectionery products, growing disposable income with increasing purchasing power, and the increasing number of regional players, especially in the countries such as India, and China. In addition, increasing the adoption of western culture and the rise in the awareness of the health benefits of consuming dark chocolates is projected to increase the market growth. 

Confectionery Market: Market Size (%), By Region, Global, 2021

Confectionery Ingredients Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)