Chocolate Sprinkles Market Research, Revenue Analysis, Company Revenue Share, Global Forecast Report by Market Research Future (MRFR)
Market Overview
The
Global Chocolate Sprinkles Market is expected to grow at a CAGR of 4.32% and is
expected to reach a valuation of USD 1,591.4 Million by the end of
the forecast period. Chocolate sprinkles
are little chunks of chocolate that are commonly used as a topping on baked
goods and cakes. They come in a variety of colors and are commonly used to
decorate baked goods and cakes for special events such as anniversaries,
birthdays, and other celebrations. Over the forecast period, expansion in the
confectionery and bakery applications is expected to boost worldwide chocolate
sprinkles market demand. The expanding popularity of individuals using
chocolate sprinkles to decorate bakery and dessert products is boosting demand
for chocolate sprinkles all over the world, which is expected to help the
target market's growth.
Furthermore,
the rising demand for bakery products and cakes on various occasions such as
Christmas parties, Valentine's Day, birthdays, anniversaries, and others is
rising demand for chocolate sprinkles, which is regarded as another important
factor driving the worldwide Chocolate Sprinkles Market Report. Consumer expenditure on various
bakeries, sweets, confectionery, and other items is increasing, as is people's
need for specially designed and customized food and beverage products, which is
ultimately driving demand for chocolate sprinkle markers around the world. In
addition, the growing need for a variety of textures and flavors in pastries,
cakes, and ice creams, as well as the constant introduction of new bakery goods
around the world, is driving the demand for chocolate sprinkles.
Market Segmentation
Based
on the Packaging types, the Global Chocolate Sprinkles Market Report has been
segmented into Jars, Pouches, and others.
Based
on the Application, the Global Chocolate Sprinkles Market has been segmented
into Dairy & Frozen Desserts, Bakery & Confectionery, and Others.
Based
on the Sales Channel, the Global Chocolate Sprinkles Market has been segmented
into Supermarkets & Hypermarkets, E-commerce, and Specialty Stores.
Based
on the Region, the Global Chocolate Sprinkles Market Research has been
segmented into North America, Europe, Asia-Pacific, Latin America, The Middle
East, and Africa.
Regional Classification
Due
to a growing taste for sprinkles in a variety of bakery items, Europe
Chocolate Sprinkles Market is expected to dominate the global market.
Furthermore, customers in this region are increasingly preferring sprinkles in
frozen desserts and ice creams, which is driving up demand for chocolate
sprinkles. Due to the growing bread business in the Asia-Pacific, the market is
likely to grow rapidly.
The
leading chocolate sprinkles market manufacturers are expected to benefit from
increased demand in the Asia-Pacific and the Middle East developing countries.
Consumers' increased disposable income, together with expanding demand for
dairy and baked goods, is expected to boost chocolate sprinkles market sales
significantly.
Industry News
The
major Key Chocolate Sprinkles Market Players in the market are Barry Callebaut
AG (Switzerland), Carroll Industries NZ Ltd. (New Zealand), Paulaur Corporation
(the U.S.), General Mills, Inc. (the U.S.), Delfi Limited (Singapore), Mondelez
International, Inc. (the U.S.), Golden Fluff, Inc. (the U.S.), CK Products, LLC
(the U.S.), Girrbach Süsswarendekor GmbH (the U.S.), and Lotus Chocolate Co.
Ltd. (India).
Related
Reports
Organic Chocolate Market Research Report
Information By Type (Dark, White, Milk, and Others), By Distribution Channel
(Store-Based and Non-Store Based), And By Region (North America, Europe,
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Cocoa Chocolate Market: Information by
Application (Food & Beverages, Cosmetics, Pharmaceuticals, Confectionery),
and Region - Forecast Till 2027 - https://www.marketresearchfuture.com/reports/cocoa-chocolate-market-6437
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