An Essay on The Growth of Confectionery Ingredients Market


Confectionery Ingredients – Definition and History

Confectionery is a term defined or meant sweet food in the form of candies, chocolates, toffees, chewing gums, bubble gums, and sweet meats, bakery items including cakes, pastries, and other confections that are made primarily by using sugar as an ingredient. The history or origins of Confectionery goes back to the time before the discovery of granulated sugar when ancient Egyptians, Chinese and Indians used to combine honey with fruits and nuts to make natural treats.

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The origins of modern Confectionery products as known today started during the middle ages when highly skilled confectioners became established in key cities of Europe creating sweetmeats and treats that were only affordable to the very wealthy. During the 18th century- Confectionery products were considered as luxury items due to their ingredients that were expensive. However, by the end of the 19th century because of the industrial revolution and vast automation of sugar procession industry lead to the emergence of huge confectionery ingredients market.

Europe (United Kingdom) and the United States of America became the hub of chocolate ingredients market with the launch of the very first chocolate bar known as Fry’s Chocolate Cream Bar in 1866 and later in 1906 chocolate bars were introduced into the market by Cadbury Dairy Milk in 1905.

Confectionery Ingredients Market – An Overview

The Confectionery ingredients that are used in the production of Confectionery products include malt flours, flakes, seeds and flours, mold inhibitors, milk and egg powders, dough conditioners etc. The global confectionery ingredients market worth was US$ 57.5 billion in 2016. It is projected to reach the US $78.04 billion by the end of 2021 with a CAGR of 6.3% during the forecast period from 2016 to 2021. The real factors that are driving the Confectionery ingredient market to growth include changing lifestyles especially among the young people in the age group of 16 and 28 years in Latin America and Asia-Pacific regions due to changing food habits with these age groups consuming more Confectionery products.

The demand for healthy confectionery products is rising as people are now more aware of what they should eat between their meals especially those confectionery products with reduced sugar and fat levels. There is an increasing demand for premium non-genetically modified (GM) products and healthy food options in the form of organic candies is one of the factors that is leading to the expansion of the Confectionery ingredients market.

The Confectionery ingredients market global industry size is expanding at a rapid pace due to the product development and innovations being carried out by confectionery companies in the form of introducing new confectionery products to suit the local tastes, preferences and needs of the customers served in that location or country. For instance, some of the companies involved in manufacturing confectionery products are resorting to healthier alternatives such as removing artificial colors and flavors from their sugar confectionery products.

Market Segmentation of global confectionery ingredients market

The global confectionery ingredients market is segmented based on its type, form, source and application which is further sub-divided into each head as shown herein below in a tabular representation-

Type Form Source Application
Cocoa & Chocolate Dry Synthetic Chocolate
Dairy Ingredients Liquids Natural Sugar Confectionery
Hydrocolloids Gum
Emulsifiers Others – Filings,
Malts Coatings, Caramel,
Oils & Shortenings Aerated Confectionary
Starches& Derivatives Spreads
Sweeteners Cereal Bars
Others – Food Color, Additives & Flavors, Functional Systems, Fruits & Vegetables  


Table-1: Market Segmentation of Global Confectionery Ingredients Market

The cocoa and chocolate segment is occupying the major share under the Type segment of confectionery ingredients market in terms of value and volume due to factors such as the consumers’ changing lifestyles especially in acknowledging the health benefits of chocolates as well as new product innovations being made by the key players in the confectionery market. Geographically, Europe is the largest market for confectionery ingredients in terms of market share with Asia-Pacific region expected to witness the highest growth due to the factors such as increased urbanization, higher disposable income in the hands of the middle-income group in developing economies. Overall, the confectionery ingredients market global industry size would help in creating further demand for confectionery ingredients in the coming decades.


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