Chocolate Global Market Report 2023 – By Type (Milk Chocolate, Dark Chocolate, White Chocolate), By Application (Food, Beverages), By Distribution (Supermarkets or Hypermarkets, Specialist Retailers, Convenience Stores, Online Channel, Other Distributions) – Market Size, Trends, And Global Forecast 2023-2032

Food flavorings are ingredients added to food to intensify or improve its flavor. Food flavor causes a sensory phenomenon that is a combination of the sensations of taste, odor or aroma, heat or cold, and texture. The main types of food flavors include chocolate, brown, vanilla, fruit, nut, dairy, spices, savory, and other types. Chocolate flavoring is a concentrated form of unsweetened chocolate flavor. The food flavors originated from natural, natural-identical, synthetic sources in the form of powder and liquid used by various applications such as dairy, bakery, confectionery, snacking, beverage, and other applications. The global food flavors market is segmented - 1) By Type: Chocolate And Brown, Vanilla, Fruit And Nut, Dairy, Spices And Savory, Other Types 2) By Origin: Natural, Natural Identical, Synthetic 3) By Form: Powder, Liquid 4) By Application: Dairy, Bakery, Confectionery, Snack, Beverage, Other Applications The global food flavors market size is expected to grow from $12.82 billion in 2022 to $13.66 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global food flavorings is expected to grow to $17.37 billion in 2027 at a CAGR of 6.2%. An increase in demand for ready-to-eat meals and fast food is expected to propel the growth of the food flavors market going forward. Ready-to-eat food is food intended by the producer or the manufacturer for direct human consumption without the need for cooking and that is quickly prepared and served. The growing economy and rising standard of living have changed purchasing power, and rising incomes and urbanization have spurred interest in convenient packaged foods and fast food. For instance, according to the Food and Beverage Report, 2021, published by the Federal Communications Commission, an independent agency of the United States federal government, food and beverage manufacturing sales increased 3.5% year over year (YoY) in 2020, from $118.7 billion to $122.9 billion. Therefore, an increase in demand for ready-to-eat meals and fast food is driving the growth of the food flavors market. Major players in the food flavors market are Firmenich SA, Sensient Technologies Corporation, Givaudan, Kerry Group, Archer Daniels Midland, Symrise AG, Koninklijke DSM N.V., Bell Flavors and Fragrances, Huabao International Holdings Limited, Robertet Group, International Flavors and Fragrances, McCormick & Company, Flavorchem, Treatt PLC, and Takasago International Corporation. Product innovations have emerged as a key trend gaining popularity in the food flavors market. Major companies operating in the food flavors market are looking for new products with unique flavors to strengthen their position and satisfy customer demand. For instance, in March 2022, Flavorchem, a US-based manufacturer of flavor and color solutions for the food and beverage industries, introduced a unique range of citrus flavor enhancers designed primarily for use in the development of immunity-boosting products, given the common association of citrus flavors with immune support. In February 2020, Givaudan, a Switzerland-based manufacturer of flavors, fragrances, and active cosmetic ingredients, acquired Ungerer for an undisclosed amount. Through this acquisition, Givaudan is expected to enhance its industry leadership, both through vertical integration into key specialty ingredients for flavor and fragrance creations. Ungerer is a US-based flavor, fragrance, and specialty ingredients company. Asia-Pacific was the largest region in the food flavors market in 2022. Asia-Pacific is expected to be the fastest-growing region in the food flavors market report during the forecast period. The regions covered in the food flavors industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Food Flavors Market Report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The food flavors market consists of sales of essential oils, fruits, some vegetable flavors, and other types. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The food flavors market research report is one of a series of new reports from The Business Research Company that provides food flavors market statistics, including food flavors industry global market size, regional shares, competitors with a food flavors market share, detailed food flavors market segments, market trends and opportunities, and any further data you may need to thrive in the food flavors industry. This food flavors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Fillings refer to thick mixtures that are put in between layers of cakes and puddings. Toppings are food products that are put on top of other food products for garnishing and taste enhancement purposes. Fillings and toppings serve a dual purpose of improving the taste of food while enhancing the visual appearance as well. Fillings and toppings are used for improving the taste, texture, flavor and appearance of food products. The main types of fillings and toppings include fondants, creams, syrups, pastes, and variegates, sprinkles and fruits and nuts. Fondants are a soft creamy preparation of sugar with water and various flavors to produce a thick cream. The different fillings and toppings flavors include fruits, chocolates, vanilla, nuts, caramel and other flavors. The different fillings and toppings forms include solid, liquid, gel and foam for applications in bakery products, confectionery products, dairy products and frozen desserts, beverages and convenience food. The global fillings and toppings market is segmented - 1) By Type: Fondants, Creams, Syrups, Pastes, and Variegates, Sprinkles, Fruits and Nuts 2) By Flavor: Fruits, Chocolates, Vanilla, Nuts, Caramel, Other Flavors 3) By Form: Solid, Liquid, Gel, Foam 4) By Application: Bakery Products, Confectionery Products, Dairy Products and Frozen Desserts, Beverages, Convenience Food The global fillings and toppings market size is expected to grow from $12.37 billion in 2022 to $13.23 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global fillings and toppings market is expected to grow to $17.04 billion in 2027 at a CAGR of 6.5%. The rapid growth of the confectionery and bakery industry is driving the fillings and toppings market. The confectionery industry is involved in the making of sweet foods such as candies and chocolates. The bakery industry includes the sales of baked foods such as bread, cakes, and others. Fillings and toppings are used for improving the taste, flavor, and appearance of confectioneries and bakery products. In 2020, according to the National Confectioners Association (NCA), an American trade association of confectionery companies, the sales of premium chocolate in grocery channels between March 2020-August 2020 were up 21.4% as compared to the same period in 2019. The sales of the entire chocolate segment were up by 17.9%. Additionally, according to a survey by Délifrance, a France-based bakery company, 23% of the respondents in the UK were eating more bakery products than before. Therefore, the growing confectionery and bakery industry is driving the growth of the fillings and toppings market forward. Major players in the fillings and toppings market are Cargill Inc., Tate & Lyle PLC, AAK AB, Zentis GmbH, Archer Daniel Midland Company, Barry Callebaut AG, Associated British Foods PLC, Agrana beteiligungs AG, Ashland Inc., Bake’n Joy Foods Inc., Olam International, Ingredion Corporation, Hanan Products Co. Inc., PreGel s.p.a., and Stewart Ingredient Systems. Product Innovations are a key trend gaining popularity in the fillings and toppings market. Major companies in the market are launching innovative products such as ‘SWELY™ GEL starch’ to sustain their position in the market. For instance, in October 2020, Ingredion, an American food ingredient provider, launched the SWELY™ Gel, a range of cold swelling modified potato starches that would be a cost-effective, texturizing solution for instant bakery cream fillings and custard creams. With the new product offering, bakery manufacturers can produce a freeze-thaw stable filling that can stay thick and creamy even after freezing and thawing. In May 2022, Puratos, a Belgium-based innovative food ingredients manufacturer, acquired Give Konfekture for an undisclosed amount. The acquisition would bring the production and product development capabilities of both companies together to generate more opportunities and better serve the customers. Give Konfekture is a Denmark-based manufacturer of fruit fillings and jams. Europe was the largest region in the fillings and toppings market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fillings and toppings report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fillings and toppings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The fillings and toppings market consists of sales of whipped creams, sweeteners, choco chips, and cut fruits. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fillings and toppings market research report is one of a series of new reports from The Business Research Company that provides fillings and toppings market statistics, including fillings and toppings industry global market size, regional shares, competitors with a fillings and toppings market share, detailed fillings and toppings market segments, market trends and opportunities, and any further data you may need to thrive in the fillings and toppings industry. This fillings and toppings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Nut products refer to nuts made up of seeds and dried fruit enclosed in a tough shell that provides many nutrients and antioxidants. These are used as typical snacks that are ideal for travel. The main types of nut products are nut butter, nut paste or marzipan paste or persipan paste, nut fillings with cocoa, nut fillings without cocoa, caramelized nuts and nut flour. Nut butter is a soft fatty spreadable food product obtained by pulverizing nuts into a paste. The types of nuts include almonds, hazelnuts, walnuts, cashews, peanuts and pistachios in the form of roasted, and unroasted. It is available in different categories such as organic, and conventionally used in industrial food manufacturers, chocolate confectionery products, bakery products, ice cream and frozen desserts, cereals and snack bars, beverages, savory products, foodservice and bakeries and bakery shops. The global nut products market is segmented - 1) By Product Type: Nut Butter, Nut Paste/Marzipan Paste/Persipan Paste, Nut Fillings with Cocoa, Nut Fillings without Cocoa, Caramelized Nuts, Nut Flour 2) By Nut Type: Almonds, Hazelnuts, Walnuts, Cashews, Peanuts, Pistachios 3) By Form: Roasted Form, Unroasted Form 4) By Category: Organic, Conventional 5) By Application: Industrial Food Manufacturers, Chocolate Confectionery Products, Bakery Products, Ice Cream and Frozen Desserts, Cereals and Snack Bars, Beverages, Savoury Products, Foodservice & Bakeries, Bakery Shops The global nut products market is expected to grow from $3.71 billion in 2022 to $3.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the nut products market is expected to grow to $5.21 billion in 2027 at a CAGR of 6.9%. The rising number of health-conscious people is expected to boost the growth of the nut products market going forward. Health awareness is the knowledge and awareness of health, healthcare, medical needs, diseases, and preventive actions in general. Since there is a growing awareness of health and changing food preferences among consumers, there is a higher demand for nut products to provide many nutrients, antioxidants, and triglycerides. For instance, a study conducted by Beneo, a German-based developer and producer of natural sources of food, feed, and pharmaceutical products found that in 2020, 6 out of 10 European consumers are taking active steps to make their nutrition healthier by substituting snacks with meals with good ingredients and nutritional value. Therefore, the rising number of health-conscious people is driving the growth of the nut products market. Major players in the nut products market are Olam International, Barry Callebaut, Blue Diamond Growers, Kerry Group plc, Zentis Group, Mount Franklin Foods LLC, Mandelin Inc., Besana, Lubeca, Puratos, Almendras Llopis SA, Kanegrade Ltd., Moll Marzipan GmBH, Kondima Engelhardt GmbH & Co. KG, Treehouse Almonds, Royal Nut Company, and CSM Group Inc. Innovative products are a trend gaining popularity in the nut products market. The companies are increasingly focusing on bringing new innovative products into the market. For instance, in August 2022, Beech-Nut Nutrition Company, a Switzerland-based food production company that provides baby food products, launched a New Veggie-Forward Crispeas Snack in a novel snack form for toddlers and older kids. Crispeas are made by using a new format, the peas are converted into puffed pea mini sticks that have a crunchy texture with a savory, delicious flavor. This new snack innovation makes it simpler for parents to include fruits and vegetables in their kids' diets and it is non-GMO, gluten-free, and grain-free. Crispeas are the latest innovation added to Beech-Nut’s snack portfolio, which also includes melties, mini-waffles with hidden veggies, and fruity oat bars. In August 2021, SunTree Snack Foods, a US-based company that produces snack nuts, baking nuts, trail mixes, dried fruit, and healthy snacks acquired Carolina Nut for an undisclosed amount. This acquisition helps SunTree Snack Foods to explore more opportunities in the east coast market and offer a wide range of food and snack products. Carolina Nut is a US-based company and producer of branded and private label nut products that include unique flavored nuts, flavored peanuts, spicy nuts, and candied nuts. Europe was the largest region in the nut products market in 2022. The regions covered in the nut products report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the nut products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The nut products market consists of sales of macadamia nuts, brazil nuts, pecans, peanuts, and other types. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The nut products market research report is one of a series of new reports from The Business Research Company that provides nut products market statistics, including nut products industry global market size, regional shares, competitors with a nut products market share, detailed nut products market segments, market trends and opportunities, and any further data you may need to thrive in the nut products industry. This nut products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Confectionery ingredients refer to items used in making confectionery products. Various sweet foods and consumables, such as baked goods and sweets, are referred to as confectionery. The main types of confectionery ingredients are dairy ingredients, cocoa and chocolate, emulsifiers, sweeteners, oil and shortening, flavoring ingredients, and others. Dairy ingredients are confectionery ingredients that mainly consist of milk derivatives such as whole milk powder, skimmed milk powder, anhydrous milk fat, and whey powders. Dairy components are utilized to increase thickness and texture as a bulking agent and as a flavor carrier in confectionery products. These come from natural and synthetic sources, and they are of dry and liquid form. The applications include chocolate confectionery, sugar confectionery, chewing gums, and others. The global confectionery ingredients market is segmented - 1) By Type: Dairy Ingredients, Cocoa and Chocolate, Emulsifiers, Sweeteners, Oil and Shortening, Flavoring Ingredients, Other Types 2) By Source: Natural, Synthetic 3) By Form: Dry Form, Liquid Form 4) By Application: Chocolate Confectionery, Sugar Confectionery, Chewing Gums, Other Applications The global confectionery ingredients market is expected to grow from $72.40 billion in 2022 to $77.26 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the confectionery ingredients market is expected to grow to $98.34 billion in 2027 at a CAGR of 6.2%. The rising consumption of confectionery goods is driving the confectionery ingredients market. The confectionery goods include sweet foods and consumables, such as baked goods and sweets. The increasing demand for gourmet products and changing food habits are leading to a rise in confectionery products. Confectionery ingredients are used in making confectionery products. For instance, according to a report published by the American Bakers Association, a US-based non-profit organization, the sales in the bakery aisle increased by 62.3% in the week ending March 15, 2020. Additionally, according to IRI, a US-based company called Information Resources, Inc., sales of cookies and crackers rose by 44.3%. Therefore, increasing consumption of confectionery goods will propel the confectionery ingredients market. Major players in the confectionery ingredients market are Cargill Incorporated, Archer Daniels Midland Company, DuPont de Nemours Inc., Kerry Group Plc., Arla Foods, Tate & Lyle Plc., Olam International, Barry Callebaut, Ingredion Incorporated, Koninklijke DSM N.V., AAK AB, Döhler GmbH, AarhusKarlshamn, Brisan Group, and Tereos Starch & Sweeteners SAS. Product innovation have emerged as a key trend in the confectionery ingredients market. Major players in the shortenings market are innovating novel products with vegan, low calorie, and naturally obtained ingredients to sustain in the market. For instance, in September 2020, the London Botanist, a UK-based independent producer of CBD (cannabidiol) products launched the CBD Milk Chocolate bar. The chocolate bar is a 43% single-origin artisan milk chocolate bar infused with CBD oil. In July 2021, Orkla Food Ingredients, a Norway-based bakery ingredients company acquired Hans Kaspar for an undisclosed amount. Through this acquisition, Orkla aims to strengthen its position in the confectionery and ice cream ingredients segment. Hans Kaspar is a Switzerland-based confectionery ingredients manufacturer. Europe was the largest region in the confectionery ingredients market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the confectionery ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the confectionery ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The confectionery ingredients market consists of sales of malt, flour, citrates, starch and derivatives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The confectionery ingredients market research report is one of a series of new reports from The Business Research Company that provides confectionery ingredients market statistics, including confectionery ingredients industry global market size, regional shares, competitors with a confectionery ingredients market share, detailed confectionery ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the confectionery ingredients industry. This confectionery ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Food inclusions are ingredients that are added to food to improve its texture or organoleptic properties. They are food additives that have been applied to increase the value and improve the sensory qualities of foods. Ingredients can help food items by adding flavour, texture, smell, colour, and nutrition. The main types of food inclusions are chocolate, fruit and nut, cereal, flavored sugar and caramel, confectionery and others. A chocolate inclusion refers to a natural element that is added to or on top of chocolate bars, beverages, paste, or liquor. The various form involved are pieces, nuts, chips, flakes and crunches, powder and liquid that are used for cereal products, snacks and bars, bakery products, dairy and frozen desserts, chocolate and confectionery products and others. The global food inclusions market is segmented - 1) By Type: Chocolate, Fruit And Nut, Cereal, Flavoured Sugar And Caramel, Confectionery, Other Types 2) By Form: Pieces, Nuts, Chips, Flakes And Crunches, Powder, Liquid 3) By Application: Cereal Products, Snacks And Bars, Bakery Products, Dairy And Frozen Desserts, Chocolate And Confectionery Products, Other Applications Products The global food inclusions market size is expected to grow from $12.49 billion in 2022 to $13.52 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global food inclusions market size is expected to reach $17.90 billion in 2027 at a CAGR of 7.3%. Rising demand for processed food is expected to propel the growth of the food inclusion market going forward. Processed food is any raw agricultural commodity that has been washed, cleansed, milled, chopped, heated, pasteurized, blanched, cooked, canned, frozen, dried, dehydrated, blended, or packed. It includes the addition of preservatives, flavors, nutrients, and other food additives, as well as ingredients allowed for use in food items such as salt, sugars, and fats. Food inclusions contribute in flavor, texture, fragrance, color, and nutrition to the processed food which makes the product unique, capturing the consumer's attention and distinguishing it from other foods. For instance, in July 2022, according to a report published by the Food and Drink Federation, a UK-based organization that represents and consults food and drink manufacturers, the processed food and drink industry had a turnover of £105bn ($113 bn) in 2020 and a turnover of £112 billion ($120 bn) in 2021, it has increased by 3.4% since 2020 and accounting for 20% of the total UK manufacturing. Therefore, the rising demand for processed food will drive the demand for the food inclusion market. Major players in the food inclusions market are Archer Daniels Midland Company, Agarna Beteiligungs AG, Barry Callebaut AG, Cargill Inc., Foodflo International Ltd., Georgia Nut Company Inc., Kerry Group PLC, Puratos N.V., Sensient Technologies Corporation, Tate And Lyle Plc., Taura Natural Ingredients Ltd., Nimbus Foods Ltd., Trufoodmfg LLC., Inclusion Technologies LLC, and Diana Food SAS. Product innovations are a key trend gaining popularity in the food inclusion market. Major companies operating in the food inclusion market are advancing toward the use of innovative solutions such as new premium flavors, organic and other products for the food inclusion market. For instance, in October 2022, Macphie Ltd., a UK-based ingredient manufacturer launched five new dessert sauces two new fruit-based options, and three indulgent premium flavors to its o.t.t. dessert toppings line, which is utilized in ice cream shops, restaurants, and bakeries. The newly developed product line features speculoos flavor, as well as milk chocolate and white chocolate dessert toppings with a velvety finish reflecting, and mixed berry, mango, and passionfruit variations that are lower in calories. In August 2022, Investindustrial VII L.P, a UK-based investment company acquired Parker Food Group from The Riverside Company, a US-based Investment firm for an undisclosed amount. With this acquisition, Parker Food Group and the R&D team at PFG will work collaboratively with the product development teams of customers to create products that address specific customer requirements. Parker Food Group is a US-based developer and manufacturer of specialty, value-added ingredients with a focus on inclusions and toppings. North America was the largest region in the food inclusion market in 2022. The regions covered in the global food inclusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food inclusion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The food inclusion market consists of sales of herbs, spices, aromatic seeds, fruits, and vegetables. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The food inclusions market research report is one of a series of new reports from The Business Research Company that provides food inclusions market statistics, including food inclusions industry global market size, regional shares, competitors with food inclusions market share, detailed food inclusions market segments, market trends, and opportunities, and any further data you may need to thrive in the food inclusions industry. This food inclusions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Biscuits refer to baked goods that are made with flour, shortening, baking powder, or soda, and other ingredients. The main types of biscuits are crackers, savoury biscuits, and sweet biscuits. Crackers and savoury biscuits refer to crackers that come in a variety of shapes, sizes, colors, and flavors, but they are typically three inches or less in diameter, contain one to five percent moisture, and are made from grain flours. These are prepared from various sources including wheat, oats, and millet, by adding different flavours such as plain, chocolate, sour cream, cheese, spiced, fruits, and nuts, and distributed by supermarkets, hypermarkets, specialist retailers, convenience stores, online retail, and other distribution channels. The global biscuits market is segmented - 1) By Type: Crackers And Savory Biscuits; Sweet Biscuits 2) By Source: Wheat, Oats, and Millets 3) By Flavor Type: Plain, Chocolate, Sour Cream, Cheese, Spiced, Fruits And Nuts 4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, Other Distribution Channels The global biscuits market size is expected to grow from $113.63 billion in 2022 to $121.18 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global biscuits is expected to grow to $156.25 billion in 2027 at a CAGR of 6.6%. Rapid urbanization is expected to propel the growth of the biscuits market going forward. Urbanization refers to the population shift into relatively small areas, forming cities. This concentration results in land being transformed for residential, commercial, industrial, and transportation purposes. Globally, urbanization is changing food systems and helping to transform them by shaping spatial patterns of food demand and influencing consumer preferences. For instance, in April 2022, according to the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, the proportion of the global population living in cities is expected to reach 80% by 2050. More than 4.3 billion people, or 55% of the world's population, now live in cities, with that figure expected to rise to 80% by 2050. Therefore, rapid urbanization is driving the growth of the biscuits market. Major players in the biscuits market are Mondelez International Inc., Kellogg Company, ITC Limited, Britannia Industries, Walkers Shortbread Ltd., Parle Products Pvt. Ltd., Burton's Biscuit Company, Yildiz Holding Inc., Bahlsen GmbH & Co. KG, Campbell Soup Company, Nestle SA, Kraft Foods Group Inc., Lotus Bakeries NV, Dali Food Group Co Ltd., The Hershey Company, Kambly SA, United Biscuits Company, Ulker Biskuvi Sanayi A.S, Cornu AG, Kambly SA, PepsiCo, Annie's Homegrown Inc., Nestle SA, Danone Group, Jiashili Group, Mars, McVitie’s, Thomas Tunnock Limited, Uni-President, United Biscuits, and Want Group. Product innovations are a key trend gaining popularity in the biscuits market. Major market players, such as Club Crisps and Town House Dipping Thins, are developing products with enhanced taste and textures to sustain their position in the biscuit market. For instance, in July 2021, ITC Limited, an Indian food factory operating in the biscuits market, launched the Sunfeast All-Rounder, a potato biscuit that is masala sprinkled, crunchy, and one of the thinnest biscuits, while the potato in the base creates a unique texture for the biscuit. The masala sprinkled on top offers consumers an intense aroma and taste that lingers long after every bite. In March 2021, Mondelez, a US-based company engaged in confectionery, food, and beverage, acquired Australian Gourmet Food for an undisclosed amount. The acquisition of Gourmet Food Holdings Pty Ltd. allows Mondelez to enter the fast-growing premium and well-being cracker segments, as well as provide an appealing platform to drive the company's broader biscuit portfolio in Australia and New Zealand. Australian Gourmet Food is a US-based company engaged in premium entertaining products and on-trend health foods. Europe was the largest region in the biscuits market in 2022. South America is expected to be the fastest-growing region in the biscuits market report during the forecast period. The regions covered in the biscuits industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Biscuits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The biscuits market consists of sales of cream crackers, flavored crackers, and sandwich biscuits. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The biscuits market research report is one of a series of new reports from The Business Research Company that provides biscuits market statistics, including biscuits industry global market size, regional shares, competitors with a biscuits market share, detailed biscuits market segments, market trends and opportunities, and any further data you may need to thrive in the biscuits industry. This biscuit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Specialty foods are unique foods that are made from high-quality ingredients and in small quantities. The main product of specialty foods market types are cheese and plant-based cheese, frozen or refrigerated meat, poultry, and seafood, chips, pretzels, and snacks, bread and baked goods, chocolate and other confectionery, and others. Cheese is a nutritious food made mostly from the milk of cows and also from other mammals, including sheep, goats, buffalo, reindeer, camels, and yaks. Plant-based cheeses are made from a variety of nuts, most commonly cashews, almonds, and macadamias. The various types of distribution channels are food service, retail, and online. The global specialty foods market is segmented - 1) By Product Type: Cheese and Plant-based cheese, Frozen or refrigerated meat, poultry, and seafood, Chips, Pretzels, and Snacks, Bread and Baked goods, Chocolate and Other Confectionery, Other Product Types 2) By Distribution Channel: Food Service, Retail, Online 3) By Consumer Generation: Gen-Z, Millennials, Gen-X, Baby Boomers The global specialty foods market grew from $190.42 billion in 2022 to $218.75 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global specialty foods is expected to grow from $361.3 billion in 2027 at a CAGR of 13.4%. The growth in the number of millennials preferring at-home and healthy meals, coupled with a growing interest in having nutritious food for a healthy lifestyle, is increasing the demand for specialty foods. According to Specialty Foods Association (SFA), millennials are twice likely to plan at-home meals and giving high preferences for specialty products to create interesting and healthy eating experiences. Moreover, according to the Segmanta survey “The Ultimate Food Survey 2020”, a US-based DIY survey platform, conducted a study of more than 2,000 U.S. customers to learn about their thoughts on topics including eating habits, lifestyles, the consumption of fast food, preferred fast food joints, and others, comparison to other age groups studied, older Millennials (30-39 years old) are the most likely (4.4/5.0) to eat meals prepared at home. Thus, growth in millennials' at-home cooking activities and preferences for healthy foods are expected to boost revenue for the specialty foods market in the coming years. Major players in the specialty foods market are Compass Group, Chobani, World Central Kitchen, Eden Creamery, AeroFarms, Safe Catch Foods, Union Wine Co., Daily Harvest, a2 Milk, Amy’s Kitchen. The high cost of specialty foods market is likely to hinder the growth of the specialty foods market during the period. Specialty foods are made from high-quality ingredients such as gluten-free, non-GMO, and ingredients rich in vitamins and minerals, which means they include a higher cost of raw materials. According to the specialty foods association, the high cost of ingredients, certifications, and production is increasing the prices of specialty foods, making them unaffordable for a large segment of the populace. Therefore, the high cost of specialty foods is predicted to hinder the growth of the specialty foods market during the forecast period. The launch of high quality and innovative products such as plant-based, convenience, better-for-you, non-GMO products with authenticity, and products with unique attributes such as low fat, low calorie, low sodium, high protein, no dairy, and organic is a major trend shaping the growth of the specialty foods industry. For instance, in February 2020, PANOS Brands, engaged in production and sales of a unique portfolio of specialty and natural brands, announced the launch of its new products which include Amore Organic Ready-To-Eat Legumes, KA•ME Asian Rice Crackers, Amore Organic Ready-To-Eat Legumes, Chatfield’s premium allergen-safe Organic Baking Bars, Andrew & Everett rBGH-BST Hormone Free Melting Cheese, and MI-DEL Organic Apple Cinnamon Cookies. Therefore, the launch of new innovative and healthy products is likely to be a major trend driving the sales of the specialty foods industry. In April 2021, Brazilian-based JBS SA, a meat processing company, announced that it would acquire Vivera, a European plant-based food company, for €341 million ($410 million). The deal includes three manufacturing facilities and a research and development centre located in the Netherlands. This acquisition is an important step to strengthen JBS SA's global plant-based protein platform. For the same reason, Vivera will give JBS a stronghold in the plant-based sector, with technological knowledge and capacity for innovation. Vivera produces a range of plant-based meat replacement products, and these products are distributed to retailers in more than 25 countries across Europe. Asia-Pacific was the largest region in the speciality foods market in 2022. Western Europe was the second-largest region in the specialty foods market report. The regions covered in the specialty foods analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the specialty foods market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The specialty foods market consists of sales of cheese and plant-based cheese, non-RTD cocoa and coffee, refrigerated and frozen poultry/seafood/meat, yogurt, candy, pretzels/snacks/chips, bread & baked goods, and other specialty foods. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The specialty foods market research report is one of a series of new reports from The Business Research Company that provides specialty foods market statistics, including specialty foods industry global market size, regional shares, competitors with specialty foods market share, detailed specialty foods market segments, market trends and opportunities, and any further data you may need to thrive in the specialty foods industry. This specialty foods market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Flavoring syrups and concentrates are liquids that are made by dissolving sugar in water or by reducing naturally sweet juices. The main types of flavouring syrup and concentrate used for flavouring are syrups, molasses, sweet spreads, jams, jellies, preservatives, and savoury spreads. Molasses is a thick, dark to light brown syrup that is extracted from raw sugar during the sugar manufacturing process. Fruit, chocolate, vanilla, coffee, herbs & seasonings, and other distribution channels are among the flavours used in beverages, dairy & frozen desserts, confectionery, and bakery.It is distributed through various channels such as supermarkets and hypermarkets, convenience stores, e-commerce, and other distribution channels. The global flavoring syrup and concentrate market is segmented - 1) By Type: Syrups, Molasses, Sweet Spreads, Jam, Jellies, Preservatives, Savory Spreads 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Application: Beverages, Dairy & Frozen Desserts, Confectionery, Bakery 4) By Flavors: Fruit, Chocolate, Vanilla, Coffee, Herbs & Seasonings, Other Flavours The global flavoring syrup and concentrate market size grew from $55.35 billion in 2022 to $59.49 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of flavoring syrup and concentrate market is expected to grow to $76.39 billion in 2027 at a CAGR of 6.5%. The growth of the flavouring syrup and concentrate manufacturing markets is aided by stable economic growth forecasted in many developed and developing countries. According to the International Monetary Fund (IMF), global GDP growth reached 3.3% in 2020 and 3.4% in 2021, both according to the IMF. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the flavoring syrup and concentrate manufacturing market during the forecast period. Major companies in the flavoring syrup and concentrate market include The Coca-Cola Company, Ingredion Incorporated, Archer-Daniels-Midland Company (ADM), Kerry Group plc, Keurig Dr Pepper Inc., Meiji Holdings Co Ltd., The Hershey Company, Sensient Technologies Corporation, Monster Beverage Corporation, and TreeHouse Foods. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the flavouring syrup and concentrate manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the flavouring syrup and concentrate manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Syrup and concentrate manufacturers are increasingly offering products made with natural and organic ingredients. Innovative flavoured products with enhanced nutritional value and low sugar content are attracting consumers with health consciousness. For instance, in March 2022, PepsiCo’s, a US-based food, snack, and beverage corporation, launched Maple Syrup cola. This luscious maple syrup flavour profile is combined with the crisp, refreshing caramel overtones of a Pepsi. Asia-Pacific was the largest region in the flavoring syrup and concentrate market in 2022. North America was the second-largest region in the flavoring syrup and concentrate market. The regions covered in the flavoring syrup and concentrate market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the flavoring syrup and concentrate market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam. The flavoring syrup and concentrate market consists of sales of fruit syrup, honey, chocolate syrup, maple syrup, sugarcane molasses, sugarbeets molasses, apple butter spread, honey spread, chocolate spread, pectin, sweeteners, essence, olive spread, garlic butter spread, nut spread. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The flavouring syrup and concentrate research report is one of a series of new reports from The Business Research Company that provides flavouring syrup and concentrate statistics, including global market size, regional shares, competitors with flavouring syrup and concentrate shares, detailed flavouring syrup and concentrate segments, market trends and opportunities, and any further data you may need to thrive in the flavouring syrup and concentrate industry. This flavoring syrup and concentrate research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.