Global Food Decorations and Inclusions Market

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


Report ID: SQMIG30I2171 | Region: Global | Published Date: July, 2024
Pages: 157 | Tables: 69 | Figures: 77

Food Decorations and Inclusions Market Insights

Global 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).

The broad use of these products in bakery and confectionery products, such as cookies, cakes, and other confections, is what is driving the industry's growth. In addition, numerous bakery products use decorations and inclusions to improve flavor and texture as well as to make them look more appealing and presentable, which is supporting the sector's growth over the forecast period.

This led to an increase in the use of home decorations and decorations, which drove company growth during the epidemic. Some of the most popular and consumed food items globally are cakes, pastries, confections, cookies, and others. These products employ a lot of decorating and inclusion products, which is helping the industry develop. One of the most popular flavors among customers, according to a survey conducted by Pushups, LLC and published in August 2022, is chocolate chip cookies, which is preferred by 62% of Americans. Thus, it is anticipated that during the course of the forecast period, high likelihood, consumption, and the incorporation of these items in a variety of products might drive market growth.

The increased popularity of cakes, ice creams, and other desserts among millennials and members of generation Z is encouraging the usage of these items to make such meals presentable and is thereby fueling industry growth. The use of these items is also predicted to increase as a result of the expanding trend of customizing cakes, sweets, and pastries, which is expected to further support industry growth. These products also come in a variety of designs, sizes, and forms, giving the finished dishes a distinctive finish and style in addition to being adaptable and useful for different seasons and events.

It is expected that the presence of various norms and limitations in the development and production of such items by different government regulatory organizations, including the Food and Drug Administration and others, will impede industry expansion. Additionally, it is anticipated that additional factors, such as changes in the cost of the raw materials used to make these items, may hinder the industry's expansion within the anticipated time frame. But it's anticipated that the rising consumer trend and demand for vegan, organic, and clean products will make up major opportunities for market growth.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Food Decorations and Inclusions Market

Report ID: SQMIG30I2171

$5,300
BUY NOW GET FREE SAMPLE