Market Research Future (Food and Beverages) Confectionery Ingredients Market Research Report | Page 3

Confectionery Ingredients Market Research Report- Forecast to 2023
2 Market Overview
Various confectionery ingredients have diverse applications in sweets, candy, candy nuts, chocolates, chewing gum,
and others. These applications drive the growth of the market. Additionally, escalating demand for sugar-free
products owing to growing health awareness among consumers add fuel to the market growth. Confectionery
ingredients are used in various industries, for instance, food, pharmaceuticals, and personal care. They are used as
an essential flavoring agent in the preparation of fast foods such as pizza, noodles, pasta, and many more.
Additionally, over the years, the consumption of fast food has increased manifold which is positively influencing the
growth of the confectionery ingredients market. Functional ingredients provide many health benefits such as reducing
cholesterol, benefiting immune system, and others. These properties have supported its usage in functional
beverages thus, expanding its market.
Furthermore, owing to high consumption rate of chocolate, the confectionery ingredients are widely used in chocolate
industry, thereby chocolate segment is projected to lead the market. However, stringent FDA regulations for private
labels could act as a restraint for the market.
Latest Industry Updates:
Oct 2017 Palsgard A/S, announced the launch of palm-free powdered emulsifiers and stabilizers Palsgaard® SA
6615for industrial cakes.
Jun 2017 DuPont launched stabilizer Grindsted Gellan Mas 100 for plant based beverages.
May 2017 Hydrosol launched emulsifier to be used as meat alternatives. The emulsifier-stabilizer plant based
proteins match the juiciness and firmness of meat.
Dec 2016 Spanish company Lacenor launched a wide range of plam-oil free emulsifiers to be used for wide range
of products.
Dec 2016 Premium Ingredients introduced Premilac XLY-15049, a dairy protein stabilizer for the production of Greek
style yogurt and Petit-suisse.
Jul 2016 Premium Ingredients launched Premitex XLK -15043 a stabilizer based on starches, hydrocolloids, and
melting salts for analogue cheese for pizza.
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