New York, NY, April 12, 2023 (GLOBE NEWSWIRE) -- Polaris Market Research has published a new research report titled “Food Decorations and Inclusions Market Share, Size, Trends, Industry Analysis Report, By Product (Nuts, Glazes), By Distribution Channel (B2B, B2C); By Region; Segment Forecast, 2023 - 2032” in its research database.
“According to the latest research analysis, the global food decorations and inclusions market size/share is anticipated to be valued at approximately USD 7.85 Billion in 2022 and is projected to hit a revenue of around USD 14.70 Billion By 2032, at a CAGR of around 6.5% between 2023 and 2032.”
How Big is Food Decorations and Inclusions Market Size & Share? What is Food Decorations and Inclusions Industry Worth?
- Overview
Decoration and inclusions are used to enhance the flavor and texture of food as well as make the product more appetizing and appealing. Food decorations and inclusions are utilized for decorative purposes in a variety of ways. Simple additions like fresh herbs or citrus zest, as well as components like chocolate shavings, edible flowers, or elaborate sugar decorations, are some of the popular types of decorations and inclusions. It can also involve adding ingredients like nuts, seeds, and fruits to add texture and flavor to a dish.
Also, they are available in various colors, shapes, and sizes and are used in ice creams, cookies, and frozen desserts. Wide use of inclusions and decorations in a variety of bakery products is expected to enhance the market growth during the forecast period. Increased use of such decorations and additions in the food industry for making food products more attractive and appealing is propelling the food decorations and inclusions market size. The rise in consumption of cakes, cookies, cooked haywire, and other baked goods also fuels the market expansion.
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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)
Our Sample Report Covers:
- 2032 Updated Report Introduction, Overview, and In-depth industry analysis.
- 115+ Pages Research Report (Inclusion of Updated Research).
- Provide Chapter-wise guidance on Requests.
- 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures.
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.
Some of the Top Market Players Are:
- Barry Callebaut
- Cargill
- Carroll Industries
- Dawn Food Products
- Delicia
- Dobla
- HLR Praline
- ICAM
- Kanegrade
- Orkla
- PCB CREATION
- Pecan Deluxe Candy
- Ulmer Schokoladen Gmbh
- Nimbus Foods
- Sweet Dreams
- Carmemoli
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Market Dynamics: Growth Driving Factors
- Rise in demand for chocolate decorations and inclusions pushes the market growth
Growing popularity of homemade cakes & small bakeries, increasing use of fruit & nut-based decorations, and surging demand for chocolate decorations and inclusions are some of the key food decorations and inclusions market trends driving its growth. High demand, consumption, and incorporation of products like cakes, pastries, confections, and cookie items in a variety of products will propel the market growth. The increasing use of cake in celebration of birthdays and other celebrations and the rise in demand for decoration of cakes in different types, shapes, and sizes further boosts the food decorations and inclusions market 6ydemand. The rising use of food inclusions in convenience snacks, dairy, confections, frozen meals, and many other products is predicted to accelerate market growth.
Recent Trends Influencing the Market
- Rapid expansion of the food processing industry
Rising developments in the food processing industry coupled with innovations in coating technology are another factor that contributes to the expansion of the market. For instance, Carletti company employs a coating method to enhance food quality, shelf life, safety, and functionality and also works as an inhibitor of gas, scent, and moisture as well.
Growing use of natural sources of sugars to tackle obesity and diabetes is another developing factor supporting the food decorations and inclusions market growth. Consumers who are concerned about their health all around the world have become interested in this.
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Segmental Analysis
- The chocolate decorations and inclusions segment is anticipated to show the fastest growth
Due to the heavy usage of sweets, ice cream, and other dairy items, the ornamentation is made of chocolate. Cakes, cookies, and other baked items benefit from chocolate products' enhanced flavor and texture, in addition to their attractive look. These products also come in a variety of shapes, sizes, colors, and purposes, such as topping, icing, and coating. Chocolate comes in different forms, such as bars, blocks, chips, wafers, chunks, powders, and nibs. Various types of chocolate, including baking chocolate, dark chocolate, milk chocolate, unsweetened cocoa powder, and white chocolate, are available based on their intended applications. Melted chocolate is majorly used to enhance the presentation of cakes, cookies, cupcakes, and muffins, using squiggles and letters to make them tasty.
- B2B distribution channel accounted for the largest food decorations and inclusions market share in 2022
This segment growth can be attributed to the use of decorating and inclusions in baked goods, ice cream, and other items. These goods are selling more effectively because there are more bakeries and cake shops opening globally. These products are widely used by numerous hospitality-related businesses, such as restaurants, hotels, and others, which is expected to propel the segment’s growth over the forecast years. Also, an increase in the adoption of e-commerce by the industry is fueling the B2B segment growth. In addition, widespread product accessibility and ease of use of these products via a variety of retail channels have boosted the industry expansion throughout the foreseen period.
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Food Decorations and Inclusions Market: Report Scope & Coverage
| Report Attribute | Details |
| Revenue Forecast in 2032 | USD 14.70 Billion |
| Market size value in 2023 | USD 8.34 Billion |
| Expected CAGR Growth | 6.5% from 2023 - 2032 |
| Base Year | 2022 |
| Forecast Year | 2023 – 2032 |
| Top Market Players | Barry Callebaut, Cargill, Incorporated, Carroll Industries, Dawn Food Products, Delicia, Dobla, HLR Praline, ICAM S.P.A., Kanegrade Ltd., Orkla., PCB CREATION, Pecan Deluxe Candy Ltd, Ulmer Schokoladen Gmbh & Co. KG, Nimbus Foods, Sweet Dreams, Carmemoli SPA. |
| Segments Covered | By Product, By Distribution channel, By Region |
| Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Regional Analysis
- The demand in Europe is anticipated to dominate the market
A rise in demand for premium bakery products in decorations is one of the prominent factors supporting the growth of the food decorations and inclusions market in Europe. The high demand for these products across various sectors, especially the food service industry, is likely to flourish the regional market growth. Also, growing requirements for and demand for desserts and baked items among regional customers are estimated to augment the market expansion.
Moreover, Asia Pacific is predicted to grow at the fastest rate in the coming years owing to the rising popularity of bakery goods with useful uses, including cakes and pastries. Also, factors such as the opening of new bakeries and food businesses as well as the increasing acceptance of Western or worldwide trends in food flavors, cuisines, and decoration.
Browse the Detail Report “Food Decorations and Inclusions Market Share, Size, Trends, Industry Analysis Report, By Product (Nuts, Glazes), By Distribution Channel (B2B, B2C); By Region; Segment Forecast, 2023 - 2032” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/food-decorations-and-inclusions-market
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Recent Developments
- In April 2022, Denali Ingredients was purchased by Orkla Food Ingredients. With this acquisition, Orkla will strengthen its position as a major ingredient supplier to the baking and confectionery sectors.
- In Feb 2022, By forming a collaboration with brand-name ingredients, the Supplant Company increased the scope of its product line. In preparation for a retail launch, it also created additional products like Chocolate Chips and Revamps Chocolate Bar.
Important Questions Answered by Report
- What is the current size of the market?
- What are the names of key players working in the market?
- What are trending strategies utilized by market enterprises to expand their businesses?
- What are the key regions of the market?
- Which product type of the market is in high demand?
- What is the projected size of the market at the end of the forecast period?
Polaris Market Research has segmented the chocolate decorations and inclusions market report based on product, distribution channel, and region:
By Product Outlook
- Chocolate Decorations & Inclusions
- Sugar Decorations & Inclusions
- Nuts
- Preserved/Freeze Dried Fruits
- Sugar Paste & Icing
- Glazes
- Others
By Distribution channel Outlook
- B2B
- B2C
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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