Market Overview:
The global confectionery coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for confectionery coatings from the food and beverage industry. In addition, the growing trend of healthy eating is also contributing to the growth of this market. The global confectionery coating market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into organic and conventional confectionery coatings. The organic segment is projected to grow at a higher CAGR than that of conventional segments during the forecast period owing to rising consumer awareness about health benefits associated with organic products. On the basis of application, it can be classified into lollipops, soft candies, toffees, and other applications such as bakery items and ice creams etcetera . Among these applications , lollipops are expected witness highest demand during 2018-2030 owing high consumption rates in North America region followed by Europe . Regionally , North America accounted for largest share in 2017 due high consumption rates coupled with presence major players operating in this region .
Product Definition:
Confectionery Coating is a type of food coating that is used to improve the appearance, flavor, and texture of food products. It can be used on a variety of foods, including candy bars, chocolate products, and other sweet snacks. Confectionery coatings are made from various types of sugar syrups and fats, and they can add a variety of flavors to food products. They are also often used to improve the texture and mouthfeel of foods.
Organic Confectionery Coating:
Organic confectionery coating is a thin layer of organic coating, which is applied on the surface of chocolates, wafers, biscuits and other food products. The major function performed by this product includes flavor delivery system in the form of taste masking or sweetness. This product also provides color to the final product and acts as an anti-caking agent at times.
Conventional Confectionery Coating:
Conventional confectionery coating is a thin layer of chocolate, cocoa butter or caramel that is applied to the baked product. Confectionery coating can be applied to almost all types of confectioneries such as chocolates, sweets, biscuits and cakes. The most popular form of conventional confectionery coatings are chocolate and cocoa butter based coatings.
Application Insights:
The toffee application segment led the global market in 2017. Toffies are a popular confectionery product among adults as well as children. They are also considered to be an important ingredient for various desserts and cakes across the world. Increasing demand for toffees from countries such as India, China, Thailand, Indonesia and Australia is expected to drive growth over the forecast period.
Other applications include lollipops and soft candy segments which together accounted for more than 40% of the total revenue share in 2017 owing to increasing demand from emerging economies such as Brazil, Mexico, Argentina etcetera of Latin America and Middle East & Africa regions respectively.
Regional Analysis:
North America dominated the global market in 2017. The U.S., in particular, is one of the largest consumers of chocolate and confectionery coating as a result of high consumption of lollipops and other such products. Furthermore, presence of major manufacturers including Mars Inc.; Nestl©; Hershey’s; and Ferrero SpA has fueled demand for different types coatings used for manufacturing chocolates over the years.
Asia Pacific is expected to be one of the fastest-growing regional markets during forecast years owing to increasing disposable income levels among consumers coupled with rising popularity for premium chocolates manufactured using various coatings across countries like China, India, Japan, South Korea & Taiwan among others due to their exotic taste & flavor compared to those made using conventional methods only.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the confectionery coating market. Confectionery coatings offer a convenient way to add flavor and texture to food products. They are also easy to use and can be applied in a variety of ways.
- Rising popularity of snacking: The increasing popularity of snacking is another major factor driving the growth of the confectionery coating market. Snacks are becoming an important part of people’s diets, and this trend is expected to continue in the future. Confectionery coatings provide an ideal way to enhance the taste and texture of snacks, making them more appealing to consumers.
- Growing demand for healthy snacks: A growing number of consumers are now looking for healthier snack options, which has led to rising demand for healthier confectionery coatings products. These coatings can be used as a means of adding nutritional value to snacks without compromising on taste or texture.
Scope Of The Report
Report Attributes
Report Details
Report Title
Confectionery Coating Market Research Report
By Type
Organic Confectionery Coating, Conventional Confectionery Coating
By Application
Lollipops, Soft Candies, Toffies, Other
By Companies
LorAnn Oils, Soyuzsnab, K-Criollo, Capol, Norevo GmbH, Blommer Chocolate Company, Cargill, Mantrose-Haeuser, Alvas Group, Bunge Loders Croklaan, Barry Callebaut, The Warrell Corporation, Rascal Confectionery, Thew Arnott
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Confectionery Coating Market Report Segments:
The global Confectionery Coating market is segmented on the basis of:
Types
Organic Confectionery Coating, Conventional Confectionery Coating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lollipops, Soft Candies, Toffies, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LorAnn Oils
- Soyuzsnab
- K-Criollo
- Capol
- Norevo GmbH
- Blommer Chocolate Company
- Cargill
- Mantrose-Haeuser
- Alvas Group
- Bunge Loders Croklaan
- Barry Callebaut
- The Warrell Corporation
- Rascal Confectionery
- Thew Arnott
Highlights of The Confectionery Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Confectionery Coating
- Conventional Confectionery Coating
- By Application:
- Lollipops
- Soft Candies
- Toffies
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Confectionery Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Confectionery coating is a type of food coating that is used to make food look and taste better. It can be made from different types of oils, waxes, and fats.
Some of the major companies in the confectionery coating market are LorAnn Oils, Soyuzsnab, K-Criollo, Capol, Norevo GmbH, Blommer Chocolate Company, Cargill, Mantrose-Haeuser, Alvas Group, Bunge Loders Croklaan, Barry Callebaut, The Warrell Corporation, Rascal Confectionery, Thew Arnott.
The confectionery coating market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Confectionery Coating Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Confectionery Coating Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Confectionery Coating Market - Supply Chain
4.5. Global Confectionery Coating Market Forecast
4.5.1. Confectionery Coating Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Confectionery Coating Market Size (000 Units) and Y-o-Y Growth
4.5.3. Confectionery Coating Market Absolute $ Opportunity
5. Global Confectionery Coating Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Confectionery Coating Market Size and Volume Forecast by Type
5.3.1. Organic Confectionery Coating
5.3.2. Conventional Confectionery Coating
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Confectionery Coating Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Confectionery Coating Market Size and Volume Forecast by Application
6.3.1. Lollipops
6.3.2. Soft Candies
6.3.3. Toffies
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Confectionery Coating Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Confectionery Coating Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Confectionery Coating Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Confectionery Coating Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Confectionery Coating Demand Share Forecast, 2019-2026
9. North America Confectionery Coating Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Confectionery Coating Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Confectionery Coating Market Size and Volume Forecast by Application
9.4.1. Lollipops
9.4.2. Soft Candies
9.4.3. Toffies
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Confectionery Coating Market Size and Volume Forecast by Type
9.7.1. Organic Confectionery Coating
9.7.2. Conventional Confectionery Coating
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Confectionery Coating Demand Share Forecast, 2019-2026
10. Latin America Confectionery Coating Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Confectionery Coating Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Confectionery Coating Market Size and Volume Forecast by Application
10.4.1. Lollipops
10.4.2. Soft Candies
10.4.3. Toffies
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Confectionery Coating Market Size and Volume Forecast by Type
10.7.1. Organic Confectionery Coating
10.7.2. Conventional Confectionery Coating
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Confectionery Coating Demand Share Forecast, 2019-2026
11. Europe Confectionery Coating Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Confectionery Coating Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Confectionery Coating Market Size and Volume Forecast by Application
11.4.1. Lollipops
11.4.2. Soft Candies
11.4.3. Toffies
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Confectionery Coating Market Size and Volume Forecast by Type
11.7.1. Organic Confectionery Coating
11.7.2. Conventional Confectionery Coating
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Confectionery Coating Demand Share, 2019-2026
12. Asia Pacific Confectionery Coating Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Confectionery Coating Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Confectionery Coating Market Size and Volume Forecast by Application
12.4.1. Lollipops
12.4.2. Soft Candies
12.4.3. Toffies
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Confectionery Coating Market Size and Volume Forecast by Type
12.7.1. Organic Confectionery Coating
12.7.2. Conventional Confectionery Coating
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Confectionery Coating Demand Share, 2019-2026
13. Middle East & Africa Confectionery Coating Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Confectionery Coating Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Confectionery Coating Market Size and Volume Forecast by Application
13.4.1. Lollipops
13.4.2. Soft Candies
13.4.3. Toffies
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Confectionery Coating Market Size and Volume Forecast by Type
13.7.1. Organic Confectionery Coating
13.7.2. Conventional Confectionery Coating
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Confectionery Coating Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Confectionery Coating Market: Market Share Analysis
14.2. Confectionery Coating Distributors and Customers
14.3. Confectionery Coating Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LorAnn Oils
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Soyuzsnab
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. K-Criollo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Capol
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Norevo GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Blommer Chocolate Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cargill
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mantrose-Haeuser
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Alvas Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bunge Loders Croklaan
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Barry Callebaut
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. The Warrell Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Rascal Confectionery
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Thew Arnott
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
