Confectionery Ingredients Market Global Research Report Information by Ingredient Type (Cocoa & Chocolate, Dairy Ingredients, Emulsifiers, Stabilizers and Thickeners (EST), Malts, Oils & Shortenings, Sweeteners, Starch & Derivatives, Flavors, and Others), Source (Natural and Synthetic), Application (Chocolate Confectionery, Sugar Confectionery, Chewing Gums, and Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2027

Market Scenario The global Confectionery Ingredients Market is projected to reach USD 112.14 Billion by 2027 and grow at a CAGR of 6.70% during the forecast period, 2020–2027. Confectionery ingredients are substances used in the preparation of confectionery products such as candy, chocolates, sweets, and chewing gum. Increasing demand for confectioneries is driving the growth of confectionery ingredients market. The major confectionery ingredients include cocoa & chocolate, dairy ingredients, emulsifiers, stabilizers and thickeners (EST), malts, oils & shortenings, sweeteners, starch & derivatives, and flavors, among others.       Escalating demand for sugar-free products owing to growing health awareness among consumers has forced the confectionery manufacturers to explore and develop new confectionery ingredients, which has supported the growth of the global confectionery ingredients industry. For instance, sweeteners are used as a substitute for sugar and are gaining popularity among confectionery manufacturers. Moreover, growing inclination towards natural ingredients among the confectionery manufacturers has created an opportunistic market for the suppliers of confectionery ingredients. Continuous R&D and innovations in the confectionery ingredients are the driving factors for the growth of global market.Segmentation The global confectionery ingredients market has been segmented based on ingredient type, source, application, and region.  Based on ingredient type, the global confectionery ingredients market has been classified as cocoa & chocolate, dairy ingredients, hydrocolloids, emulsifiers, stabilizers and thickeners (EST), malts, oils & shortenings, sweeteners, starch & derivatives, flavors, and others. Based on source, the global market has been divided into natural and synthetic. Based on application, the global market has been classified as chocolate confectionery, sugar confectionery, chewing gums, and others. The global market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American confectionery ingredients market has further been segmented into the US, Canada, and Mexico. The European confectionery ingredients market has been classified as Germany, France, Italy, Spain, UK, and the rest of Europe. The confectionery ingredients market in Asia-Pacific has been segmented into China, India, Japan, Australia & New Zealand, and the rest of Asia-Pacific. The confectionery ingredients market in the rest of the world has been segmented into South America, the Middle East, and Africa.   Key Players Cargill, Incorporated (US), Archer Daniels Midland Company (US), DuPont (US), Kerry Group Plc (Ireland), Arla Foods (Denmark), Tate & Lyle PLC (UK), Olam International (Singapore), Barry Callebaut (Switzerland), Ingredion Incorporated (US), Koninklijke DSM N.V. (Netherlands), AAK AB (Sweden), Brisan Group (US), Tereos Starch & Sweeteners s.a.s. (France), Lactalis Ingredients (France), Döhler GmbH (Germany) are some of the key players in the global confectionery ingredients market.   Regional Market Summary Global Confectionery Ingredients Market Share (%), by Region, 2019                Source: Secondary Sources and MRFR Analysis North America is expected to dominate the market for confectionery ingredients during the forecast period. A high presence of major key players in the US and continuous innovation in confectionery ingredients is majorly driving the growth of the market. Europe also holds a significant share in the global confectionery ingredients market. High consumption of confectionery products in this region followed by rising demand for a healthy lifestyle have supported the growth of confectionery ingredients market. However, the market in Asia-Pacific is projected to register the highest growth rate during the forecast period. Developing countries such as China and India are expected to be the major contributors owing to the growth of the confectionery market in these countries. Global Market, by Ingredient Type

• Cocoa & Chocolate


• Dairy Ingredients


• Emulsifiers, Stabilizers, and Thickeners (EST)


• Malts


• Oils & Shortenings


• Sweeteners


• Starch & Derivatives


• Flavors


• Others

• Natural


• Synthetic

• Chocolate Confectionery


• Sugar Confectionery


• Chewing Gums


• Others

• 
  North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• 
  Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • UK
  
  
  • Rest of Europe
  
  
  
  


• 
  Asia-Pacific
  
  
  
  • Japan
  
  
  • China
  
  
  • India
  
  
  • Australia and New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  


• 
  Rest of the World (RoW)
  
  
  
  • South America
  
  
  • Middle East
  
  
  • Africa
  
  
  
  

• Confectionery ingredients manufacturers


• Confectionery manufacturers


• Dealers and distributors


• Raw material suppliers and distributors


• Traders, exporters, and importers