Market Overview:
The global nougat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for premium chocolates and confectioneries, increasing disposable income of consumers, and growing awareness about the health benefits of nougat. The global nougat market is segmented on the basis of type into white type, brown type, and other types. The white type segment is expected to account for a major share in terms of revenue in 2018 owing to its high demand from consumers across regions. However, the brown type segment is projected to grow at a higher CAGR during the forecast period due its unique flavor profile and nutritional benefits over other types of nougats.
Product Definition:
Nougat is a type of confectionery made with sugar, honey, egg whites and nuts. It usually contains a chocolate or caramel center.
White Type:
White type is a colorless and neutral flavor that can be added to any food product. It has no taste of its own but it enhances the taste of other flavors present in the food products. The primary function of white type is to provide an even base for sauces, condiments or any other flavorings used in foods.
It acts as a carrier for enhancing the overall palatability.
Brown Type:
Brown type is a new term used for the color that has been widely accepted as “neutral” or “white” in the context of Nougat. The brown type is also known as chocolate brown, rather dark chocolate/lighter than black but darker than grey. It was first introduced by Google with its Pixel smartphones and has become an identifying characteristic of itself within the industry.
Application Insights:
The others application segment includes retail stores, restaurants and hotels, and other public places such as museums. The demand for nougat in this application is expected to witness growth due to its increasing use in the confectionery of supermarkets, grocery stores, convenience stores/small retailers and mass merchandise outlets.
Supermarkets held the largest share of more than 50% in 2017 owing to their wide product availability across all major regions coupled with a high consumer preference for packaged food products. Moreover, growing awareness regarding health benefits associated with dark chocolate is likely to positively influence product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of key manufacturers and suppliers, along with consumers highly concerned about their health, has led to an increase in demand for natural and organic products. Furthermore, growing trend of ready-to-eat food among consumers is expected to have a positive impact on the industry growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness regarding nutritional benefits coupled with rising disposable income especially in developing countries such as China and India will drive product demand majorly through white nougat and confectionery sector which includes chocolate bars as well as other candies.
Growth Factors:
- Increasing demand for premium and customized products: The global nougat market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for premium and customized products. This is mainly because of the changing lifestyle and preferences of consumers, who are looking for new flavors and varieties in nougat products.
- Rising popularity of healthy snacks: Nougat is considered as a healthy snack option, which is driving its demand among health-conscious consumers across the globe. It contains high levels of fiber, proteins, vitamins, minerals, and antioxidants that make it a nutritious snack choice.
- Growing awareness about the benefits of nougat: There has been an increase in awareness about the benefits offered by nougat among consumers in recent years. This has helped fuel its growth in key markets such as Europe and North America .
Scope Of The Report
Report Attributes
Report Details
Report Title
Nougat Market Research Report
By Type
White Type, Brown Type, Other Types
By Application
Supermarket, Grocery Store, Others
By Companies
Golden Bonbon, Mondo Nougat, Chabert Et Guillot, Margaret River Nougat, Paton, Walters Macadamia, Flying Swan, The Savanna, Hawaiian, Quaranta, Golden Bonbon, HSU FU CHI, Sugar&Spice, Dabaitu, Sister Ma Foods, Taizu, Jiashibo
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Nougat Market Report Segments:
The global Nougat market is segmented on the basis of:
Types
White Type, Brown Type, Other Types
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
Supermarket, Grocery Store, Others
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:
- Golden Bonbon
- Mondo Nougat
- Chabert Et Guillot
- Margaret River Nougat
- Paton
- Walters Macadamia
- Flying Swan
- The Savanna
- Hawaiian
- Quaranta
- Golden Bonbon
- HSU FU CHI
- Sugar&Spice
- Dabaitu
- Sister Ma Foods
- Taizu
- Jiashibo
Highlights of The Nougat 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:
- White Type
- Brown Type
- Other Types
- By Application:
- Supermarket
- Grocery Store
- Others
- 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 Nougat 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Nougat is a mobile operating system developed by Google. It was first released in July of 2016, and it is based on Android 6.0 Marshmallow. Nougat features a new user interface, improved performance, and new features such as App Shortcuts and Direct Share.
Some of the major players in the nougat market are Golden Bonbon, Mondo Nougat, Chabert Et Guillot, Margaret River Nougat, Paton, Walters Macadamia, Flying Swan, The Savanna, Hawaiian, Quaranta, Golden Bonbon, HSU FU CHI, Sugar&Spice, Dabaitu, Sister Ma Foods, Taizu, Jiashibo.
The nougat market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nougat Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nougat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nougat Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nougat Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nougat Market Size & Forecast, 2020-2028
4.5.1 Nougat Market Size and Y-o-Y Growth
4.5.2 Nougat Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 White Type
5.2.2 Brown Type
5.2.3 Other Types
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Grocery Store
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nougat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nougat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 White Type
9.6.2 Brown Type
9.6.3 Other Types
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Grocery Store
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 White Type
10.6.2 Brown Type
10.6.3 Other Types
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Grocery Store
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 White Type
11.6.2 Brown Type
11.6.3 Other Types
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Grocery Store
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 White Type
12.6.2 Brown Type
12.6.3 Other Types
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Grocery Store
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 White Type
13.6.2 Brown Type
13.6.3 Other Types
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Grocery Store
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nougat Market: Competitive Dashboard
14.2 Global Nougat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Golden Bonbon
14.3.2 Mondo Nougat
14.3.3 Chabert Et Guillot
14.3.4 Margaret River Nougat
14.3.5 Paton
14.3.6 Walters Macadamia
14.3.7 Flying Swan
14.3.8 The Savanna
14.3.9 Hawaiian
14.3.10 Quaranta
14.3.11 Golden Bonbon
14.3.12 HSU FU CHI
14.3.13 Sugar&Spice
14.3.14 Dabaitu
14.3.15 Sister Ma Foods
14.3.16 Taizu
14.3.17 Jiashibo
