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Confectionery Fillings Market Size By Confectionery (Bakery Confectionery, Sugar Confectionery, Chocolate Confectionery), By Filling (Fruit Fillings, Non-Fruit Fillings, Nut-Based Fillings), By Form, Distribution Channel & Forecast, 2023 - 2032

  • Report ID: GMI5321
  • Published Date: Feb 2023
  • Report Format: PDF

Confectionery Fillings Market Size

Confectionery Fillings Market size crossed USD 118.5 billion in 2022 and is expected to record a 3.5% CAGR from 2023 to 2032, driven by the increasing demand for bakery confectioneries globally.

Confectionery Fillings Market

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The emergence of confectionery products as gifts is mainly driving the market expansion. Major companies are taking efforts to keep up with the changing consumer demands while implementing diverse marketing techniques and innovative distribution systems. Furthermore, the rising demand for goods that combine traditional ingredients with western confectioneries and offer health advantages has positively influenced the industry landscape. To cite an instance, in November 2022, Fazer, one of Finland's oldest confectionery firms, collaborated with Aberdeen Group to introduce its diverse portfolio of chocolate and confectionery brands in the Indian market.

Confectionery Fillings Market Trends

Consumer prices and expenses for raw commodities, including cocoa and seasonal fruits, have grown significantly in recent years due to a range of factors, such as supply chain issues created by the COVID outbreak and Russia's invasion of Ukraine. Furthermore, major companies may use unethical market tactics to create material shortages to fulfill their own interests. However, firms are implementing efficient production solutions in order to reduce unnecessary costs, which is slated to impel product sales.

Confectionery Fillings Market Analysis

Global Confectionery Fillings Market Size By Filling

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As per filling, the confectionery fillings market size from the non-fruit fillings segment will reach USD 88.5 billion by 2032, led by the rising popularity of non-fruit-based confectionery fillings, such as poppy seeds, cottage cheese, egg-based creams, and buttercreams, which is fueling consumer demand for innovative and distinctive confectionary taste combinations. Furthermore, the availability of cost-effective artificially flavored confectionery fillings is expected to contribute to segment development.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of confectionery fillings valued at USD 118.5 billion in 2022 and is anticipated to witness growth at over 3.5% CAGR from 2023 to 2032, owing to the rising demand for bakery confectioneries.
The non-fruit confectionery fillings market is projected to cross USD 88.5 billion by 2032, propelled by the increasing demand for innovative confectionery flavors.
The market for confectionery fillings in Asia Pacific is expected to reach USD 60 billion by 2032, driven by the rising consumer preference for western confectionery products.
The Emsland Group., ADM, Barry Callebaut, Zeelandia, Prosto Petro Group, Parker Products, Cargill Inc., Zentis GmbH & Co. KG, Belgostar, Bunge Loders Croklaan, and CMS Ontario Ltd. are among the major enterprises operating in the industry.

Confectionery Fillings Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 291
  • Countries covered: 19
  • Pages: 400
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