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(MoneyNewsWire.Net, October 23, 2017 ) The Middle-East and Africa Sugar Toppings market has been estimated at USD 0.42 Billion in 2016 and is projected to reach USD 0.55 Billion by 2021, at a CAGR of 5.58% during the forecast period from 2016 to 2021. Sugar Toppings are generally used in confectioneries both as an ingredient and as a decoration. It mainly consists of icing sugar, which is a sweet, often creamy glaze made of sugar with a liquid, which is often enriched with ingredients like butter, egg whites, cream cheese, or flavorings. It is used to cover or decorate baked goods, such as cakes or cookies. This can be flavored and colored as desired.
The factors that are driving the market for Sugar Toppings in Middle-East and Africa region are rise in consumption of confectioneries containing sugar toppings, increasing disposable income, growing retail market, increasing trend of gifting confectioneries items as well as increasing population and urbanization. But, the market growth can be inhibited due to increasing health consciousness leading to a decline in consumption of chocolates, sugars, and other similar products and increasing incidences of obesity and diabetes.
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Middle-East and Africa market for Sugar Toppings is segmented based on type and application. By type, the market is further sub-segmented into Dry Sugar Toppings (Dried Icing Sugar, Sprinkles, Flavored Sugars, Moisture Resistant Icing Sugar), and Wet Sugar Toppings (Beverage Sauces, Breakfast Syrups). By Channel, the market is further sub-segmented into Industrial, Grocery, Food service. Wet sugar toppings is the largest type segment in the sugar toppings market. The high growth of this segment is mainly attributed to the increasing demand of sugar toppings in hot and cold beverages. Industrial channel segment is the largest channel segment in the sugar toppings market. This large share is primarily due to growth in demand from bakeries.
Geographically, Middle-East and Africa market for Sugar Toppings is segmented into Middle-East region and Africa region. The market in this region is said to kick-start with major companies of the market expanding their manufacturing bases in this region, thus, promoting the products sales in the untapped areas of this region.
Key points from TOC:
Introduction
Research Methodology
Overview
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Segmentation
Strategic Analysis
Market Leaders' Analysis
Competitive Landscape
Market Outlook and Investment Opportunities
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Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
J.M. Smucker Company, The Hershey Company, Pinnacle Foods, Inc., The Kraft Heinz Company, Baldwin Richardson Foods Company, Monin Incorporated, R. Torre & Company, Inc., W.T. Lynch Foods Ltd., Ghirardelli Chocolate Company, CK Products LLC, Quaker Oats Company, Regal Food Products Group Plc., are the major players of Middle-East and Africa Sugar Toppings market.
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