Middle East and Africa Sugar Toppings Market - Competitive landscape analysis
“Middle-East and Africa Sugar Toppings Market” research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 5.58% to reach USD 0.55 billion by 2021, from USD 0.42 billion in 2016.
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Sugar Toppings are usually used in confectioneries both as a decoration and as an ingredient. It mainly consists of icing sugar, which is a sweet, often creamy glaze made of sugar with a liquid, which is often enhanced with ingredients like flavorings, cream cheese, egg whites, or butter. It is used to decorate or cover baked goods, such as cookies or cakes. This can be colored and flavored as desired.
Key factors which affect and thereby shift the market dynamics are studied intrinsically and are presented in an illustrious way in the report. Some of those factors are
- Increasing disposable income, grow in consumption of confectioneries containing sugar toppings, rising retail market, increasing trend of gifting confectioneries items as well as increasing urbanization and population
- Due to increasing health consciousness leading to a decline in consumption of sugars, chocolates, and other similar products and increasing incidences of diabetes and obesity.
For granular level understanding the Sugar Toppings Market is segmented based on Type and Channel, each being provided with Market Size Estimations and Y-o-Y Forecasts.
Based on type:
- Dry Sugar Toppings
- Dried Icing Sugar
- Sprinkles
- Flavored Sugars
- Moisture Resistant Icing Sugar
- Wet Sugar Toppings
- Beverage Sauces
- Breakfast Syrups
Based on Channel:
- Industrial
- Grocery
- Foodservice
Geographically, Middle-East and Africa market for Sugar Toppings is segmented into Middle-East region and Africa region. The market in this region is said to kick-start with major companies of the market enlarging their manufacturing bases in this region, thus, upgrading the products sales in the untapped areas of this region.
Some of the key players that operate in the Middle-East and Africa Sugar Toppings Market include R. Torre & Company, Inc., The Hershey Company, Pinnacle Foods, Inc., CK Products LLC, The Kraft Heinz Company, Baldwin Richardson Foods Company, Monin Incorporated, W.T. Lynch Foods Ltd., Ghirardelli Chocolate Company, Quaker Oats Company, J.M. Smucker Company, and Regal Food Products Group Plc.
The Middle-East and Africa Sugar Toppings Market report offers wide-range of scope:
- Regional level analysisthat provides an individual perspective of Middle-East and Africa region individually and on a whole
- Know more about key areas of industry growth via detailed Segment-level analysison basis of Type and Channel along with market size forecasts and y-o-y estimations
- Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
- Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
- Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
- Competitive landscape analysislisting out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Market Outlook - Investment opportunities devised by stand in expertsto provide both individuals and organizations a strong financial foothold in the market
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