The Global Confectionery Panning Products Market size is expected to reach USD 62.07 Billion by 2028, growing at a CAGR of 3.3% over the forecast period (2021-2028). The market is driven by factors such as increasing health awareness and changing food preferences among consumers which encourage them to opt for healthy eating habits.
Confectionery Panning Products are used in chocolates and other confectioneries to add flavor. They can also be found in some cereals or granolas as well as various baked goods like flapjacks, muffins, and scones. The purpose of adding this type of ingredient is because it gives an extra layer of flavor that cannot be tasted through just a plain chocolate bar without any toppings on top.
On the basis of Types, the market is segmented into Fruits, Nuts, Seeds, and Others.
A wide variety of fruits can be used in the production process, such as strawberries, blueberries, and raspberries. The fruit content will depend on the flavor that manufacturers want to achieve with their product. For example, some companies may use beetroot juice for orange-flavored sweets while other producers may opt for pureed mango or pineapple instead. Fruits are often mixed with sugar syrup (sugar dissolved in hot water) to create candies with a chewy consistency and also added into ice creams to give them an appealing color and sweet taste.
Nuts are one of the most popular snacks around. No matter if they’re mixed into granola, sprinkled on top of yogurt, or placed in a chocolate bar, nuts make for an appealing snack that is both satisfying and nutritious. The consumption rate is growing as consumers have become more interested in nutrition labels and healthy eating habits.
Seeds Confectionery Panning Products are products that come in a package or jar and can be eaten by themselves without any other food item. The product is made of various types of seeds, granola-type material with sugar and flavorings added to it. It may also include nuts, fruits, raisins, etc., which give additional taste to the biscuits when consumed as an occasional snack.
On the basis of Applications, the market is segmented into Hypermarkets/Supermarkets, Convenience Stores, and Online Retail.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific region holds significant growth potential owing to its high population density with evolving diets that increase demand for snacks across various sectors thereby driving incremental opportunities for this segment. The Middle East & Africa region has witnessed an increased adoption rate over recent years due to changing lifestyles and increasing health consciousness among consumers leading to rising demand levels in this niche.
Growth in the demand for confectionery products from various applications such as hypermarkets/supermarkets, convenience stores, and online retail is likely to drive the growth of the global market. This will be boosted by increasing health awareness among consumers who are avoiding sugar-laden items. However, this may lead to a shift in preference towards low-calorie snacks instead of traditional sweets such as chocolates.
A surge in product innovations targeting niche markets especially with an aim at boosting sales volume and revenue share would provide significant opportunities for manufacturers & distributors alike during the forecast period (2021-2028). New product launches can help companies keep pace with changing consumer preferences and needs that they might not have been able to address otherwise. Moreover, these new products will also help companies to avoid being left behind in the wake of these ever-changing preferences.
Up Market Research published a new report titled “Confectionery Panning Products Market research report which is segmented by Types (Fruits, Nuts, Seeds, Granola, Others), By Applications (Hypermarkets/Supermarkets, Convenience Stores, Online Retail, Others), By Players/Companies The Warrell, GEORGIA NUT, Puratos, Dumoulin, Hansen”.
|Report Attributes||Report Details|
|Report Title||Confectionery Panning Products Market Research Report|
|By Type||Fruits, Nuts, Seeds, Granola, Others|
|By Application||Hypermarkets/Supermarkets, Convenience Stores, Online Retail, Others|
|By Companies||The Warrell, GEORGIA NUT, Puratos, Dumoulin, Hansen|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||241|
|Number of Tables & Figures||169|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Fruits, Nuts, Seeds, Granola, Others and By Application Hypermarkets/Supermarkets, Convenience Stores, Online Retail, Others.
Some of the companies that are profiled in this report are:
Confectionery Panning Products Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Confectionery Panning Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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