Market Overview:
The global praline 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 pralines from the food and beverage industry, retail industry, and other applications. In terms of type, the European nut pralines segment is expected to lead the global market during the forecast period. This can be attributed to their high demand in countries such as France and Belgium.
Product Definition:
A type of candy made from sugar, corn syrup, and nuts.
European Nut Pralines:
European nut pralines is a product made from whole nuts (walnuts, almonds, hazelnuts) and contains fats and few other ingredients. It has high nutritional value as it consists of proteins, vitamins, minerals like calcium & iron; carbohydrates; fibers & omega 6 fatty acids. The product also helps in weight reduction as it is filling and contains essential nutrients required by the body to function properly.
Belgian Soft-centre Pralines:
Belgian Soft-centre Pralines are small, round, sweet chocolates with a soft centre. They are coated in fine dark chocolate and contain almond flour as the main ingredient. The product is manufactured by manually shaving the centres out of large blocks of chocolate before coating them in sugar syrup and almonds meal.
The global market for Belgian Soft-centre Pralines is still growing at a slow pace since it was first launched over two decades ago.
Application Insights:
The food and beverage industry accounted for the largest revenue share of over 50% in 2017. The segment is expected to continue its dominance over the forecast period owing to rising demand for praline products from various end-use industries including bakery, confectionery, and dairy. Praline products are widely used in several applications such as toppings, fillings, coatings & sauces in the food and beverage industry.
Praline is gaining popularity as a functional ingredient due to its health benefits which include weight management properties along with improved digestion and cardiovascular system functions among others. These health benefits are projected to increase product consumption leading to higher market growth during the forecast period.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer demand for different types of pralines. The U.S., in particular, is one of the major consumers as it is home to many global players such as Kellogg's and General Mills Inc. Europe also held a significant share due to high demand from countries like France and Belgium that are known for their superior quality products coupled with old-fashioned recipes followed by artisans.
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing product consumption by retail stores, hotels, restaurants and food chains on account of rising disposable income especially among middle class population groups in China and India who have higher spending power than any other regional counterparts.
Growth Factors:
- Increasing demand for premium chocolates: The global praline market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for premium chocolates, especially in developed countries.
- Rising disposable income: The growth of the praline market is also driven by rising disposable incomes, especially in developing countries such as China and India. This has led to an increase in the demand for high-quality chocolate products, including pralines.
- Growing popularity of chocolate festivals: Chocolate festivals are gaining popularity all over the world, which is helping to drive sales of pralines and other chocolate products. These events provide an opportunity for manufacturers and retailers to showcase their latest offerings and attract new consumers interested in trying different types of chocolate products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Praline Market Research Report
By Type
European Nut Pralines, Belgian Soft-centre Pralines, American Cream-based Pralines, Other
By Application
Food and Beverage Industry, Retail Industry, Other
By Companies
Aunt Sally's, New Orleans Famous Praline, Trader Joe's, Lammes Candies, Chaozhou Jixiang Fruit Food, Eileen's Pralines, Fujian Meidehao Food Industry, Leonidas Belgian Chocolates, Kdv, Ferrero, Brown and Haley, Patchi, Lotte
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Praline Market Report Segments:
The global Praline market is segmented on the basis of:
Types
European Nut Pralines, Belgian Soft-centre Pralines, American Cream-based Pralines, Other
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
Food and Beverage Industry, Retail Industry, 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:
- Aunt Sally's
- New Orleans Famous Praline
- Trader Joe's
- Lammes Candies
- Chaozhou Jixiang Fruit Food
- Eileen's Pralines
- Fujian Meidehao Food Industry
- Leonidas Belgian Chocolates
- Kdv
- Ferrero
- Brown and Haley
- Patchi
- Lotte
Highlights of The Praline 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:
- European Nut Pralines
- Belgian Soft-centre Pralines
- American Cream-based Pralines
- Other
- By Application:
- Food and Beverage Industry
- Retail Industry
- 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 Praline 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?
Praline is a type of candy that is made from sugar, butter, and cornstarch.
Some of the key players operating in the praline market are Aunt Sally's, New Orleans Famous Praline, Trader Joe's, Lammes Candies, Chaozhou Jixiang Fruit Food, Eileen's Pralines, Fujian Meidehao Food Industry, Leonidas Belgian Chocolates, Kdv, Ferrero, Brown and Haley, Patchi, Lotte.
The praline market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Praline 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. Praline Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Praline Market - Supply Chain
4.5. Global Praline Market Forecast
4.5.1. Praline Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Praline Market Size (000 Units) and Y-o-Y Growth
4.5.3. Praline Market Absolute $ Opportunity
5. Global Praline 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. Praline Market Size and Volume Forecast by Type
5.3.1. European Nut Pralines
5.3.2. Belgian Soft-centre Pralines
5.3.3. American Cream-based Pralines
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Praline 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. Praline Market Size and Volume Forecast by Application
6.3.1. Food and Beverage Industry
6.3.2. Retail Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Praline 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. Praline 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 Praline 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. Praline 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 Praline Demand Share Forecast, 2019-2026
9. North America Praline 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 Praline 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 Praline Market Size and Volume Forecast by Application
9.4.1. Food and Beverage Industry
9.4.2. Retail Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Praline Market Size and Volume Forecast by Type
9.7.1. European Nut Pralines
9.7.2. Belgian Soft-centre Pralines
9.7.3. American Cream-based Pralines
9.7.4. Other
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 Praline Demand Share Forecast, 2019-2026
10. Latin America Praline 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 Praline 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 Praline Market Size and Volume Forecast by Application
10.4.1. Food and Beverage Industry
10.4.2. Retail Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Praline Market Size and Volume Forecast by Type
10.7.1. European Nut Pralines
10.7.2. Belgian Soft-centre Pralines
10.7.3. American Cream-based Pralines
10.7.4. Other
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 Praline Demand Share Forecast, 2019-2026
11. Europe Praline 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 Praline 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 Praline Market Size and Volume Forecast by Application
11.4.1. Food and Beverage Industry
11.4.2. Retail Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Praline Market Size and Volume Forecast by Type
11.7.1. European Nut Pralines
11.7.2. Belgian Soft-centre Pralines
11.7.3. American Cream-based Pralines
11.7.4. Other
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 Praline Demand Share, 2019-2026
12. Asia Pacific Praline 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 Praline 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 Praline Market Size and Volume Forecast by Application
12.4.1. Food and Beverage Industry
12.4.2. Retail Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Praline Market Size and Volume Forecast by Type
12.7.1. European Nut Pralines
12.7.2. Belgian Soft-centre Pralines
12.7.3. American Cream-based Pralines
12.7.4. Other
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 Praline Demand Share, 2019-2026
13. Middle East & Africa Praline 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 Praline 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 Praline Market Size and Volume Forecast by Application
13.4.1. Food and Beverage Industry
13.4.2. Retail Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Praline Market Size and Volume Forecast by Type
13.7.1. European Nut Pralines
13.7.2. Belgian Soft-centre Pralines
13.7.3. American Cream-based Pralines
13.7.4. Other
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 Praline Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Praline Market: Market Share Analysis
14.2. Praline Distributors and Customers
14.3. Praline Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aunt Sally's
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. New Orleans Famous Praline
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Trader Joe's
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lammes Candies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chaozhou Jixiang Fruit Food
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eileen's Pralines
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fujian Meidehao Food Industry
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Leonidas Belgian Chocolates
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kdv
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ferrero
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Brown and Haley
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Patchi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lotte
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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