LONDON, May 30, 2016 /PRNewswire/ -- "The global sugar
toppings market is projected to grow at a CAGR of 6.0% between 2016
and 2021"
The global sugar toppings market is projected to reach USD 6.93 billion by 2021, at a CAGR of 6.0%
between 2016 and 2021. This growth is mainly attributed to the
rising consumption of confectioneries, growth in the consumption of
low-sugar topping products in Europe, marketing of breakfast syrups and
beverage sauces in the Asian market, and the rising demand of sugar
toppings from emerging markets such as China, India,
Brazil, and the Middle East.
"Wet type segment to grow at the highest CAGR during the
forecast period"
Dry and wet are two major types of sugar toppings. The wet type
segment is expected to grow at the highest CAGR during the forecast
period in terms of value, owing to its increasing use in hot and
cold beverages. Beverage sauces is the biggest sub-segment of dry
sugar toppings, followed by flavored sugars, in terms of value.
"North America is the largest
regional segment in the sugar toppings market"
North America is the global leader
in the consumption of sugar toppings, and this dominance is
expected to continue till 2021. The U.S. is the key country in this
region, consuming more than 45% of the overall demand for sugar
toppings in North America. The
North America sugar toppings
market is also expected to grow at significant CAGR from 2016 to
2021, owing to growth in the hot and cold beverage segment,
especially coffee.
Break-up of profile of primary participants for the
report:
- By Company Type - Tier 1 – 27%, Tier 2 – 33%, Tier 3 – 40%
- By Designation – C-level – 20%, Director-level – 33%, Others –
47%
- By Region – Europe – 67%,
North America - 20%, Asia-Pacific – 13%
Further, as a part of qualitative analysis, the research provides a
comprehensive review of major market drivers, restraints,
opportunities, and challenges. It also discusses competitive
strategies adopted by varied market players, such as The J.M.
Smucker Company (U.S.), The Hershey Company (U.S.), Pinnacle Foods,
Inc. (U.S.), The Kraft Heinz Company (U.S.), Baldwin Richardson
Foods Company (U.S.), Monin Incorporated (U.S.), R. Torre &
Company, Inc. (U.S.), W.T. Lynch Foods Ltd. (U.S.), Ghirardelli
Chocolate Company (U.S.), CK Products LLC (U.S.), Quaker Oats
Company (U.S.) and Regal Food Products Group Plc (U.K.)
Reasons to buy this report:
From an insight perspective, this research report has focused on
various levels of analysis—industry analysis (industry trends),
market share analysis of top players, supply chain analysis, and
company profiles, which together comprise and discuss the basic
views on the competitive landscape; emerging and high-growth
segments of the sugar toppings market; high-growth regions; and
market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on sugar toppings
offered by top players in the global sugar toppings market
- Product Development/Innovation: Detailed insights on upcoming
technologies, research & development activities, and new
product launches in the sugar toppings market
- Market Development: Comprehensive information about lucrative
emerging markets – the report analyzes the markets for sugar
toppings across varied regions
- Market Diversification: Exhaustive information about new
products, untapped geographies, recent developments, and
investments in the global sugar toppings market
- Competitive Assessment: In-depth assessment of market shares,
strategies, products, and manufacturing capabilities of leading
players in the global sugar toppings market
Download the full report:
https://www.reportbuyer.com/product/3846402/
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