Food Decorations and Inclusions Market Size, Share, Growth Analysis, By Product(Chocolate Decorations and Inclusions, Sugar Decorations and Inclusions, Nuts, Preserved/Freeze Dried Fruits), By Distribution Channel(B2B and B2C (Hypermarkets & Supermarkets, Traditional Grocery Stores, Wholesale Stores, Convenience Stores), By Region - Industry Forecast 2024-2031

Food Decorations and Inclusions Market size was valued at USD 7.3 billion in 2021 and is poised to grow from USD 7.9 billion in 2022 to USD 13 billion by 2030, growing at a CAGR of 7% in the forecast period (2023-2030).

To increase their visibility in the market, major companies are taking a variety of actions. Strategies are a part of these steps. such as collaborations, mergers, and acquisitions, the development and distribution of new products, international expansion, and other activities. 'Barry Callebaut AG', 'Cargill, Incorporated', 'Archer Daniels Midland Company (ADM)', 'Tate & Lyle PLC', 'Kerry Group plc', 'AAK AB', 'Ingredion Incorporated', 'Olam International Limited', 'Sensient Technologies Corporation', 'Pecan Deluxe Candy Company', 'Puratos Group NV', 'Dawn Foods', 'Agrana Beteiligungs AG', 'Barry-Wehmiller Companies, Inc.', 'Taura Natural Ingredients Limited', 'Nimbus Foods Limited', 'Confection by Design', 'The Hershey Company', 'TCHO Ventures, Inc.', 'Limagrain Céréales Ingrédients', 'In September 2021, the acquisition of the Europe Chocolate Company by Barry Callebaut was disclosed. (ECC). Barry Callebaut will be better able to manufacture highly customized chocolate decorations and specialty items thanks to this acquisition.', 'In May 2021, Leman Decoration Group, one of the top suppliers of cake decorations, was acquired by Cargill. The plan was adopted by the business to enhance service for gourmet clients in Europe and increase Cargill's offering of decorating.'

Consumers are becoming more health-conscious and are seeking natural and organic food products, which is driving the demand for natural and organic food decorations and inclusions.

Increasing demand for natural and organic products: Consumers are becoming more conscious of their health and wellness, leading to an increased demand for natural and organic food products. This trend is reflected in the food decorations and inclusions market, with manufacturers developing products that contain natural and organic ingredients.

Europe dominated the market in 2022, with more than 33.90% of all sales. It is estimated that the region would continue to dominate for the duration of the forecast period. A rise in demand for upscale baked goods with embellishments is expected to stimulate industry growth in the region. Additionally, it is projected that a range of industries, particularly the food service industry, will have a strong need for these products, supporting regional growth. Market expansion is going to be fueled by the increased demand for and preference of the region's customers for baked products and confections with distinctive flavors and forms.