Asia Pacific Confectionery Ingredients Market (2023-2029) | Outlook, Trends, Size, Forecast, Value, Analysis, Revenue, Companies, Industry, COVID-19 IMPACT, Share & Growth
Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Malaysia, Rest of Asia), By Type (Cocoa & Chocolate, Dairy Ingredients, Hydrocolloids, Emulsifiers, Malts, Oils & Shortenings, Starches & Derivatives, Flavors), By Application (Chocolate, Sugar Confectionery, Gums), By Source (Synthetic, Natural), By Form (Dry, Liquid) And Competitive Landscape
| Product Code: ETC4608328 | Publication Date: Jul 2023 | Updated Date: Dec 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Topics Covered in the Asia Pacific Confectionery Ingredients Market
Asia Pacific Confectionery Ingredients Market report thoroughly covers the market by countries, by type, by application and by form. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Confectionery Ingredients Market Highlights
| Report Name | Asia Pacific Confectionery Ingredients Market |
| Base Year | 2022 |
| Historical Period | 2019-2022 |
| Forecast Period | 2023-2029 |
| Growth Rate (CAGR) | 7.1% |
| Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
| Segment Coverage | By Countries, By Type, By Application, By Form |
| Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
| Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Asia Pacific Confectionery Ingredients Market Synopsis
Asia Pacific Confectionery Ingredients Market has been surging rapidly underpinned by increasing demand for chocolates and other sugary goods. The market growth is influenced by increased demand for indulgent, processed foods that provide convenience and enjoyment to consumers. Moreover, changing consumer lifestyles and tastes, growth in population, and increasing income level are also boosting the market growth. Manufacturers are introducing unique flavours to appeal to consumers.
According to 6Wresearch, the Asia Pacific Confectionery Ingredients Market size expected to grow at a CAGR of 7.1%during the forecast period 2023-2029. Food innovation has augmented the demand for confectionery products in the Asia Pacific region, resulting in increased market growth. Also, factors such as urbanization, changing consumer preferences, and the growth of online platforms have contributed substantially to the market expansion. Despite the growth prospect, the market has several challenges, one such is the growing concerns around health and wellness. With the rise in diabetes rates, obesity levels, and other lifestyle diseases, health-conscious consumers are becoming aware of the negative effects of consuming too much sugar and processed foods.
Additionally, constant changes in regulations and the rising cost of raw materials also pose challenges to this market. however, some emerging trends leaving a positive impact on the Asia Pacific Confectionery Ingredients Market growth. An increased emphasis on natural ingredients, sustainable production practices, and new flavors. Many manufacturers are now using natural sweeteners such as stevia, honey, and maple syrup, instead of artificial sweeteners. Also, consumers are expecting products to be produced sustainably, with eco-friendly packaging and production processes.
Government Initiatives introduced in the Asia Pacific Confectionery Ingredients Market
The Asia Pacific Confectionery Ingredients Market share is projected to secure a double-digit rate, driven by government regulations. Government supporting the market growth by prioritizing food safety regulations, promoting innovative products, and encouraging precision agriculture. One of the significant initiatives is India's Operation Greens, this includes the promotion of the production and processing of horticultural items, including fruits, vegetables, and spices, which are key ingredients in the confectionery sector. Another is Japan's Food Labelling Standards, under this the government has imposed laws and regulations that compel manufacturers to use labels that accurately describe the products, highlighting the ingredients used.
Key Players in the Asia Pacific Confectionery Ingredients Market
The Asia Pacific Confectionery Ingredients Market is extremely competitive with the presence of several small to medium to giant players, including Barry Callebaut, Cargill, Ingredion, Olam International, and Puratos, among others. These companies dominate the market and provide various ingredients to manufacturers. Besides, these companies focus on innovation, research, and development to bring new flavors and healthy options to the market.
Market Analysis by Type
According to Dhaval, Research Manager, 6Wresearch, every ingredient plays a critical role in the process. From the soothing aroma of vanilla to the sweet, creamy flavor of milk, confectionery ingredients are an essential element in creating mouth-watering treats.
Market Analysis by Product Type
Based on product type, chocolate is the leading force in the Asia Pacific Confectionery Ingredients market, followed by sugar confectionery and gums. Growing demand for premium and dark chocolates in developing nations, the introduction of novel flavors, and increasing products that cater to health-conscious consumers are driving the demand for chocolate.
Key attractiveness of the report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2019 to 2022.
- Base Year: 2022.
- Forecast Data until 2029.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By Countries
- China
- India
- Japan
- Australia
- Indonesia
- Philippines
- Malaysia
- Rest Of Asia
By Type
- Cocoa & Chocolate
- Dairy Ingredients
- Hydrocolloids
- Emulsifiers
- Malts
- Oils & Shortenings
- Starches & Derivatives
- Flavors
By Application
- Chocolate
- Sugar Confectionery
- Gums
By Source
- Synthetic
- Natural
By Form
- Dry
- Liquid
Frequently Asked Questions About the Market Study: FAQs
The rising emphasis on health and sustainability, regulatory changes, and changing consumer preferences.
Changing consumer lifestyles and tastes, growth in population, and increasing income level are some major drivers of the market.
Barry Callebaut, Cargill, Ingredion, Olam International, and Puratos.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Asia Pacific Confectionery Ingredients Market Overview |
| 3.1 Asia Pacific Regional Macro Economic Indicators |
| 3.2 Asia Pacific Confectionery Ingredients Market Revenues & Volume, 2019 & 2029F |
| 3.3 Asia Pacific Confectionery Ingredients Market - Industry Life Cycle |
| 3.4 Asia Pacific Confectionery Ingredients Market - Porter's Five Forces |
| 3.5 Asia Pacific Confectionery Ingredients Market Revenues & Volume Share, By Countries, 2022 & 2029F |
| 3.6 Asia Pacific Confectionery Ingredients Market Revenues & Volume Share, By Type, 2022 & 2029F |
| 3.7 Asia Pacific Confectionery Ingredients Market Revenues & Volume Share, By Application, 2022 & 2029F |
| 3.8 Asia Pacific Confectionery Ingredients Market Revenues & Volume Share, By Source, 2022 & 2029F |
| 3.9 Asia Pacific Confectionery Ingredients Market Revenues & Volume Share, By Form, 2022 & 2029F |
| 4 Asia Pacific Confectionery Ingredients Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Asia Pacific Confectionery Ingredients Market Trends |
| 6 Asia Pacific Confectionery Ingredients Market, 2022 - 2029 |
| 6.1 Asia Pacific Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 6.2 Asia Pacific Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 6.3 Asia Pacific Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 6.4 Asia Pacific Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 7 China Confectionery Ingredients Market, 2022 - 2029 |
| 7.1 China Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 7.2 China Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 7.3 China Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 7.4 China Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 8 India Confectionery Ingredients Market, 2022 - 2029 |
| 8.1 India Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 8.2 India Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 8.3 India Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 8.4 India Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 9 Japan Confectionery Ingredients Market, 2022 - 2029 |
| 9.1 Japan Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 9.2 Japan Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 9.3 Japan Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 9.4 Japan Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 10 Australia Confectionery Ingredients Market, 2022 - 2029 |
| 10.1 Australia Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 10.2 Australia Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 10.3 Australia Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 10.4 Australia Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 11 Indonesia Confectionery Ingredients Market, 2022 - 2029 |
| 11.1 Indonesia Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 11.2 Indonesia Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 11.3 Indonesia Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 11.4 Indonesia Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 12 Philippines Confectionery Ingredients Market, 2022 - 2029 |
| 12.1 Philippines Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 12.2 Philippines Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 12.3 Philippines Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 12.4 Philippines Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 13 Malaysia Confectionery Ingredients Market, 2022 - 2029 |
| 13.1 Malaysia Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 13.2 Malaysia Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 13.3 Malaysia Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 13.4 Malaysia Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 14 Rest of Asia Confectionery Ingredients Market, 2022 - 2029 |
| 14.1 Rest of Asia Confectionery Ingredients Market, Revenues & Volume, By Type, 2022 - 2029 |
| 14.2 Rest of Asia Confectionery Ingredients Market, Revenues & Volume, By Application, 2022 - 2029 |
| 14.3 Rest of Asia Confectionery Ingredients Market, Revenues & Volume, By Source, 2022 - 2029 |
| 14.4 Rest of Asia Confectionery Ingredients Market, Revenues & Volume, By Form, 2022 - 2029 |
| 11 Asia Pacific Confectionery Ingredients Market Key Performance Indicators |
| 12 Asia Pacific Confectionery Ingredients Market - Opportunity Assessment |
| 12.1 Asia Pacific Confectionery Ingredients Market Opportunity Assessment, By Countries, 2022 & 2029F |
| 12.2 Asia Pacific Confectionery Ingredients Market Opportunity Assessment, By Type, 2022 & 2029F |
| 12.3 Asia Pacific Confectionery Ingredients Market Opportunity Assessment, By Application, 2022 & 2029F |
| 12.4 Asia Pacific Confectionery Ingredients Market Opportunity Assessment, By Source, 2022 & 2029F |
| 12.5 Asia Pacific Confectionery Ingredients Market Opportunity Assessment, By Form, 2022 & 2029F |
| 13 Asia Pacific Confectionery Ingredients Market - Competitive Landscape |
| 13.1 Asia Pacific Confectionery Ingredients Market Revenue Share, By Companies, 2022 |
| 13.2 Asia Pacific Confectionery Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
| 14 Company Profiles |
| 15 Recommendations |
| 16 Disclaimer |
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