The sugar topping market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Sugar toppings are used in the form of dry or wet toppings as one of the ingredients in confectionaries and bakery commodities. This is done in order to enhance the food taste and also give it a fancy look used in the decoration of cookies, candies, cakes and many more. Major driving factors driving the global sugar topping market include high disposable income, changing dietary and living conditions and increasing demand for the ready-to-eat food items. In addition, growing health concerns have led to the consumption for low-calorie intake giving rise to consumer preferences towards low-sugar topping food items especially in developed countries like Europe and North America.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the sugar topping value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the sugar topping market.
Major industry players profiled as part of the report are The J.M. Smucker Company, The Hershey Company and The Kraft Heinz Company among others.
The sugar topping market has been analyzed through following segments:
By Distribution Channel
Food processing units
Middle East and Africa
Key insights offered
What will be the sugar topping market size from 2017 to 2023?
How are the major drivers and restraints affecting the sugar topping market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.