Global Fillings and Toppings Market is growing at a CAGR of 5.4% from 2017 to 2025.

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Summary

The global Fillings and Toppings market was valued at USD 8.80 billion in 2016 and is projected to reach USD 14.13 billion by 2025, growing at a CAGR of 5.4% from 2017 to 2025. 

Press Release

The global Fillings and Toppings market was valued at USD 8.80 billion in 2016 and is projected to reach USD 14.13 billion by 2025, growing at a CAGR of 5.4% from 2017 to 2025. 
Fillings and toppings form an important component of any bakery and confectionery product. The demand is expected to remain high owing to changing consumer tastes. The product innovation in terms of fillings and toppings is expected to be a major factor driving market demand. 

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Market Dynamics:
1. Market Drivers
1.1 Rising demand for confectionery products
1.2 Increasing purchasing power in developing countries
2. Market Restraints
2.1 Increasing demand for clean label products
2.2 Volatile raw material prices

Market Segmentation:
The global Fillings and Toppings market is segmented on the function, product, application, flavor, raw material, and region.
1. By Function:
1.1 Stabilizing
1.2 Glazing
1.3 Flavor Enhancing
1.4 Viscosity
1.5 Texturizing

2. By Product:
2.1 Sprinkles
2.2 Fondants
2.3 Creams
2.4 Syrups, Pastes and Variegates
2.5 Fruits and Nuts

3. By Application
3.1 Bakery
3.2 Confectionery
3.3 Dairy and Frozen Products
3.4 Beverages
3.5 Convenience Foods

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4. By Flavor
4.1 Chocolate
4.2 Nut
4.3 Vanilla
4.4 Caramel
4.5 Fruit
4.6 Others

5. By Raw Materials
5.1 Cocoa
5.2 Fruits
5.3 Sweeteners
5.3.1 Artificial
5.3.2 Natural
5.4 Dairy Ingredients
5.5 Texturizers
5.5.1 Starch Based
5.5.2 Hydrocolloid Based
5.6 Others

6. By Region:
6.1 North America (U.S., anada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America) 
6.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Ashland
2. Archer Daniels Midland Company
3. Barry Callebaut
4. Associated British Foods PLC
5. AAK AB
6. Cargill 
7. Agrana Beteilgungs AG
8. Tate and Lyle PLC
9. Zentis GmbH & Co. Kg
10. Highlander Partners LP

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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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