The new report by Expert Market Research titled, ‘Global Fillings and Toppings Market Report and Forecast 2022-2027’, gives an in-depth analysis of the Global Fillings and Toppings Market, assessing the market based on its segments like functionality, type, application, flavour, raw-material, form and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 5.3%
Bakeries (retail, wholesale, in-store), convenience stores, colleges and universities, hotels, restaurants, cafes, and corporate dining/feeding events are all important areas. The primary markets are North America and Europe. Bakery, confectionery, and food and beverage applications all use fillings and toppings. Fillings and toppings provide colour, texture, taste, flavour, and appearance to foods, making them more appealing and delicious. Elements like creams, fondants, chocolate, truffles, pralines, and caramel are fillings which are essential in bakery products. Pastries, donuts, layer cakes, eclairs, pies, turnovers, sandwich cookies, and other baked goods utilise these. Bakery fillings are used to produce the desired texture, sweetness, firmness, adherence, shelf life, and ease of pumping/injection, among other features. The market is projected to be stimulated by the prominence of fillings in bakery items.
Industry Definition and Major Segments
Filling is a viscous mixture that is sandwiched between the layers of cake. Creams (composed of superfine sugar, shortening or oil, corn syrup, water, polysorbate 60, salt, flavours, gums, and other ingredients), chocolate ganache, fudges and marshmallows, fruit-based fillings, and nut and seed-based fillings are all examples. American Buttercream, Italian Meringue Buttercream, Swiss Meringue Buttercream, French Buttercream, German Buttercream, Ermine Buttercream, and Chocolate Ganache are just a few examples of popular fillings.
Toppings enhance the appearance and taste of a cake. Frosting, icing, and glaze are examples of toppings. Caramel (both sweet and salty) is a popular topping, especially in Britain. Salted caramel was once only found in high-end confectionary and patisserie. However, it has now become common in society.
Frosting is a viscous, opaque mixture used to top and cover cakes on the outside (and, in some cases, the inside). While practically any frosting can be used to cover a cake, certain varieties of frosting are better for decorating. Butter Cream Frosting, Cream Cheese Frosting, Whipped Cream Frosting, Pumpkin Pie Frosting, Fingerbread Buttercream Frosting, Lemon Butter Frosting, and Fresh Raspberry Frosting are just a few examples of popular frostings.
Icing is a thin mixture of confectioners’ powdered sugar and liquid that can be smeared or put on pastries, rolls, and coffee cakes with a pastry brush.
Glaze is made up of a thin liquid and sugar that may be poured. Glazes are used to cover fruit cakes, cupcakes, and other baked goods.
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By functionality, the market is divided into:
- Flavor Enhancing
Based on type, the market can be broadly divided into:
- Syrups, Pastes and Variegates
- Fruits and Nuts
The market can be broadly divided based on its applications into:
- Confectionery Products
- Bakery Products
- Dairy Products and Frozen Desserts
- Convenience Foods
Market segmentation on the basis of flavour:
By raw-material, the market is classified into:
- Sweeteners (further broken down by type)
- Natural Sweeteners
- Artificial Sweeteners
- Dairy Ingredients
- Texturizers (further broken down by type)
By form, the market is classified into:
On the Basis of region, the market can be divided into:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
Bakers and snack manufacturers are looking for novel ways to meet shifting consumer demand and nutritional requirements. Incorporating fruit in fillings and toppings, for example, can boost the fibre content, sweetness, and functional advantages of baked goods and snacks. The global market is predicted to grow as a result of such novelties and innovations.
Key Market Players
The major players in the market are Archer Daniels Midland Company, Barry Callebaut AG, AGRANA Beteiligungs-AG, Cargill, Incorporated, AAK AB, Ashland Global Holdings Inc. and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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