Well-established Bakery Industry in North America & Europe Providing Lucrative Opportunities for Manufacturers of Candied & Semi-Candied Fruits: Fact.MR Report
Well-established Bakery Industry in North America & Europe Providing Lucrative Opportunities for Manufacturers of Candied & Semi-Candied Fruits: Fact.MR Report
According to a new research report released by Fact.MR, the global candied & semi-candied fruit market is projected to reach a size of US$ 668.2 million in 2024 and expand at a CAGR of 2.3% over the next ten years (2024 to 2034).
To increase the appeal of their finished baked goods, skilled bakers are using unique ingredients such as candied fruits, toppings, glazes, frostings, and others, which is fueling the growth of the candied and semi-candied fruit market. Manufacturers of candied and semi-candied fruits in North America and Europe are finding great opportunities as a result of the well-established and expanding bakery industry in these regions.
Sales of baked goods and confections are also increasing due to the proliferation of e-commerce platforms. Delicious and inventive confectionery products that are readily available online draw in customers. Prominent rivals in the worldwide marketplace are emphasizing a range of goods and producing goods that suit the tastes of their customers. The desire for decadent foods among consumers is also driving the market for candied & semi-candied fruits.
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Key Takeaways from the Market Study:
“Candied and semi-candied fruits are popular in pastries and other bakery products globally, and their ability to be used year-round without seasonal limitations enhances their appeal,”says a Fact.MR analyst.
Candied & Semi-candied Fruit Market:
SAS SICA SICODIS; Cruzilles; Andros Chef; AZIENDA AGRIMONTANA S.P.A.; Cesarin S.p.A.; José María Lázaro S.A.; F.Moreno Candied Fruits S.L.; FRUITS ROUGES & Co.; Markidis & Co.; Pacific Coast Producers; Panici DOO; Paradise, Inc.; SALGAR S.r.l.; Gelpass Group; Giuso Guido Spa; Italcanditi S.p.A; ITALPROD SRL; Kandy; Lazaya; Leelanau Fruit Company.
Rising Awareness of Importance of Eating Healthy
Producers of candied and semi-candy fruits are increasing their yields and adopting new technologies to meet the increasing demand. Sales of fruit snacks are increasing as more people become aware of the benefits of eating healthily. Fruit snacks are popular among children and young adults because they are tasty and simple to eat. Parents are also paying more attention to the snacks they give their kids. Stores now carry healthier snack options, giving parents more options. Parents, especially are paying close attention and look at the label before they buy snacks for their kids.
Candied & Semi-candied Fruit Market News:
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More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the candied & semi-candied fruit market for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study details the candied & semi-candied fruit market based on form (whole/intact, chopped/diced/fruit peels), application (bakery, pastries, ice cream, yogurt), and distribution channel (traditional trade, modern trade, industrial, foodservice), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
Check out More Related Studies Published by Fact.MR:
The global market for candied fruits will be valued at US$ 2,634.6 million by 2024 and has been forecasted to expand at a noteworthy CAGR of 3.7% to reach US$ 3,820.0 million by 2034.
The valuation of the global confectioneries market is US$ 301 billion in 2023. Sales of confectionery items are estimated to reach a value of US$ 474 billion by 2033-end, increasing at a CAGR of 4.6% over the next ten years.
The global rock candy market is estimated to be valued at US$ 712.3 million in 2024 and is forecast to reach a value of US$ 1,012.1 million by 2034, with a projected CAGR of 3.6% from 2024 to 2034.
There is a surge in demand for low-calorie candy because of rising concern of weight gain among kids, youngsters and adults. The study conducted by Centres for Disease Control and Prevention (CDC), stated that among every 5 children one is having obesity which has helped in the emergence of low-calorie products.
A new report by Fact.MR places the global sugar-free confectionery market size at a value of US$ 2.45 billion in 2024. Projections are that the market will advance at a CAGR of 5.4% to end up at US$ 4.13 billion by 2034.
The candied fruit market involves the production and sale of fruits that have been preserved in sugar or syrup, commonly used in baking and confectionery.
CAGR stands for Compound Annual Growth Rate, which measures the mean annual growth rate of an investment over a specified time period longer than one year.
Semi-candied fruits are fruits that are partially preserved in sugar or syrup, retaining some of their natural moisture and flavor.
The bakery industry encompasses businesses that produce and sell baked goods, including bread, pastries, cakes, and cookies.
E-commerce refers to the buying and selling of goods and services over the internet, including the online sale of food products like candied fruits.
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