Market Overview:
The global sugar toppings market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for sugar toppings in various applications such as industrial, grocery, and foodservice. Sugar toppings are used as a flavoring agent and provide sweetness to various food items. They are available in dry and wet form, with the latter being more popular among consumers owing to its convenience of use. In terms of type, the global sugar toppings market is segmented into dry sugar toppings and wet sugar toppings. Dry sugar topping held a major share of the market in 2017 due to its easy availability and low cost as compared to wet sugar topping.
Product Definition:
A sugar topping is a sweet, usually sticky, substance that is put on food. It can be anything from a simple syrup to a complex mixture of spices and flavorings. Sugar toppings add sweetness and flavor to food and often make it more attractive to eat. They are also used as an adhesive to help keep other ingredients attached to the food.
Dry Sugar Toppings:
Dry sugar toppings are also known as crystallized sugar. It is a pure white or almost pure white solid that has been processed from granulated sugar. The crystals have very less moisture content and therefore can be used to top any kind of hot drink like tea or coffee without melting completely.
It is widely used in making confectioneries, such as candies, chewing gums and other sweet dishes because of its ability to maintain its shape under extreme heat conditions.
Wet Sugar Toppings:
Wet sugar toppings are crystalline brown sugar that has been heated to a temperature of soft ball and is used as an ingredient in ice cream, hot chocolate, tea cakes, candies and other confectionery products. It has several uses in the food & beverage industry apart from being used as a topping for desserts. It can be utilized for cooking or baking purposes; it acts as an alternative to white granulated sugar.
Application Insights:
The industrial application segment accounted for the largest market share of more than 50% in 2017. The use of sugar toppings in the industrial sector is primarily to maintain product aesthetics and enhance taste. Dry topping products are used at various stages of production within the food & beverage industry, including bakery, confectionery, dairy and others such as coffee creamer, powdered drink mixes and fruit sauces.
The grocery store is expected to be one of the fastest-growing segments over the forecast period owing to increasing consumer demand for healthy food options with innovative flavors that appeal to a variety of tastes buds across all age groups.
Regional Analysis:
North America dominated the global market in 2017. The U.S., in particular, is a major consumer of sugar toppings on account of the presence of several food processing and manufacturing companies operating in this country. These companies import various types of sugar syrups from overseas to enhance their product portfolio and meet growing demand from end-users across the region.
Asia Pacific is expected to register significant growth over the forecast period owing to increasing consumption patterns among consumers preferring ready-to-eat products such as bakery items, confectionery goods, and desserts that require minimal preparation time but still need some additional topping for taste enhancement or nutritional benefits such as improved shelf life or enhanced appearance etcetera (improving aesthetics).
Growth Factors:
- Increasing demand for premium and artisanal sugar toppings products from the bakery and confectionery industry.
- Rising popularity of indulgent desserts, especially among the younger generation.
- Growing trend of customization in foodservice sector, with consumers demanding more variety in sugar toppings options.
- Proliferation of new flavors and varieties in sugar toppings products to cater to changing consumer preferences.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sugar Toppings Market Research Report
By Type
Dry Sugar Toppings, Wet Sugar Toppings
By Application
Industrial, Grocery, Foodservice
By Companies
J.M. Smucker, Hershey, Pinnacle, Kraft Heinz, brfoods, Monin, R. Torre & Company, W. T. Lynch Foods, J.M. Smucker
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Sugar Toppings Market Report Segments:
The global Sugar Toppings market is segmented on the basis of:
Types
Dry Sugar Toppings, Wet Sugar Toppings
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
Industrial, Grocery, Foodservice
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:
- J.M. Smucker
- Hershey
- Pinnacle
- Kraft Heinz
- brfoods
- Monin
- R. Torre & Company
- W. T. Lynch Foods
- J.M. Smucker
Highlights of The Sugar Toppings 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:
- Dry Sugar Toppings
- Wet Sugar Toppings
- By Application:
- Industrial
- Grocery
- Foodservice
- 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 Sugar Toppings 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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- 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?
Sugar toppings are the various syrups, jams, and jellies that are used to sweeten food.
Some of the major players in the sugar toppings market are J.M. Smucker, Hershey, Pinnacle, Kraft Heinz, brfoods, Monin, R. Torre & Company, W. T. Lynch Foods, J.M. Smucker.
The sugar toppings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sugar Toppings 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 Sugar Toppings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sugar Toppings 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 Sugar Toppings 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 Sugar Toppings Market Size & Forecast, 2020-2028
4.5.1 Sugar Toppings Market Size and Y-o-Y Growth
4.5.2 Sugar Toppings 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 Dry Sugar Toppings
5.2.2 Wet Sugar Toppings
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 Industrial
6.2.2 Grocery
6.2.3 Foodservice
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sugar Toppings 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 Sugar Toppings 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 Dry Sugar Toppings
9.6.2 Wet Sugar Toppings
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 Industrial
9.10.2 Grocery
9.10.3 Foodservice
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 Dry Sugar Toppings
10.6.2 Wet Sugar Toppings
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 Industrial
10.10.2 Grocery
10.10.3 Foodservice
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 Dry Sugar Toppings
11.6.2 Wet Sugar Toppings
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 Industrial
11.10.2 Grocery
11.10.3 Foodservice
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 Dry Sugar Toppings
12.6.2 Wet Sugar Toppings
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 Industrial
12.10.2 Grocery
12.10.3 Foodservice
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 Dry Sugar Toppings
13.6.2 Wet Sugar Toppings
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 Industrial
13.10.2 Grocery
13.10.3 Foodservice
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 Sugar Toppings Market: Competitive Dashboard
14.2 Global Sugar Toppings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 J.M. Smucker
14.3.2 Hershey
14.3.3 Pinnacle
14.3.4 Kraft Heinz
14.3.5 brfoods
14.3.6 Monin
14.3.7 R. Torre & Company
14.3.8 W. T. Lynch Foods
14.3.9 J.M. Smucker
