(Entertainment-NewsWire.com, August 11, 2017 ) Asia-Pacific Sugar Toppings Market" research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 7.92% to reach USD 1.69 Billion by 2021, from USD 1.16 Billion in 2016, which amounts to a cumulative growth of USD.
Sugar toppings are mainly used by confectioners in the making of various confectionaries and other bakery items both as an ingredient and as a decorative item. Sugar Topping is used as ingredient in bakery item to add taste and decorative look. It mainly consists of icing sugar, which is a finely ground sugar made by milling normal granulated sugar into a powdered state. It usually contains a small amount of anti-caking agent, to prevent clumping and improve flow. It is often lightly dusted onto baked goods to add a light sweetness and subtle decoration.
The high growth of this market is mainly indicated to the increasing demand of sugar toppings in hot and cold beverages. Dry and wet are two major types of sugar toppings. Toppings are made of finely grained sugar which is milled with normal granulated sugar and converted in powered form. Wet sugar toppings is the largest type segment in the sugar toppings market. The high growth of this segment is mainly attributed to the increasing demand of sugar toppings in hot and cold beverages. Industrial channel segment is the largest channel segment in the sugar toppings market. This large share is primarily due to growth in demand from bakeries.
The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Sugar Toppings Market bearing either positive or negative outcomes. Some of those factors are Increasing demand for confectionery ingredients containing sugar toppings in diverse industries Rising disposable income Growing retail market Raising health awareness among consumers due to which consumers are avoiding sugar products fearing diabetes and obesity.
For granular level understanding the Asia-Pacific market for Sugar Toppings is segmented based on type and application. By type, the market is further sub-segmented into Dry Sugar Toppings (Dried Icing Sugar, Sprinkles, Flavored Sugars, Moisture Resistant Icing Sugar), and Wet Sugar Toppings (Beverage Sauces, Breakfast Syrups). By Channel, the market is further sub-segmented into Industrial, Grocery, Food service.
Geographically, Asia-Pacific market for Sugar Toppings is s egmented into China, India, Japan, South Korea and Australia. The sugar toppings market in the Asia-Pacific region is projected to grow at the highest CAGR, due to the increased consumption of hot & cold beverages in the region, along with growing demand for confectionaries, such as cakes and cupcakes in the emerging economies like China and India. J.M. Smucker Company, The Hershey Company, Pinnacle Foods, Inc., The Kraft Heinz Company, Baldwin Richardson Foods Company, Monin Incorporated, R. Torre & Company, Inc., W.T. Lynch Foods Ltd., Ghirardelli Chocolate Company, CK Products LLC, Quaker Oats Company, Regal Food Products Group Plc., are the major players of Asia-Pacific Sugar Toppings market.
The Asia-Pacific Sugar Toppings Market report offers wide-range of scope: Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries Know more about key areas of industry growth via detailed Segment-level analysis on basis of Ingredients, Animal Type, and Application long with market size forecasts and y-o-y estimations Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics Strategic Analyses containing PESTLE and Porters Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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