Sugar topping market is projected to grow at a CAGR of 2.61% during the forecast period, reaching a total market size of US$7.159 billion in 2024 from US$6.132 billion in 2018. 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 of low-calorie intake giving rise to consumer preferences towards low-sugar topping food items especially in developed countries like Europe and North America.
The “Sugar Topping Market– Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, distribution channel, and geography.
The sugar topping market segmented based on type, distribution channel, and geography. By type, the market has been segmented into dry topping and wet topping. By distribution channel, the market has been segmented into online and offline.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the Sugar Topping market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the sugar topping market.
The sugar topping market has been analyzed through the following segments: