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Latin America Sugar Toppings Market By Type (Dry Sugar Toppings, Wet Sugar Toppings), By Channel (Industrial, Grocery, Foodservice), And By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 1214
Pages: 133

Latin America Sugar Toppings Market Growth and Forecast (2022 - 2027):

The Latin America Sugar Toppings Market has been estimated at USD 0.60 Billion in 2021 and is projected to reach USD 0.86 Billion by 2026, at a CAGR of 7.50% during the forecast period from 2021 to 2026.

Market Overview:

Sugar toppings are used in confectionaries in a variety of forms. They are used as icing on cakes and cupcakes and as sprinkles to improve the appearance of cakes. Sugar decorations are useful in Decorating cupcakes and cakes. They are in a very high demand in the regions where there are many bakery and confectionery outlets.

Drivers and Restraints:

The factors that are driving the market for Sugar Toppings in Latin America are increasing demand for confectionery ingredients containing sugar toppings in diverse industries, and increasing consumer awareness about the health benefits of chocolate, with chocolate icing being one of the most famous forms of sugar topping in the baking industry. But, the market growth can be constrained due to ill effects of confectionaries on health like diabetes and obesity, with increasing health awareness among people.

Latin America Sugar Toppings Market Segmentation Analysis:

Latin America 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.

Region Analysis:

Geographically the Latin America Sugar Toppings Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. With increasing retail stores, along with increasing disposable income, more and more companies are willing to exploit the markets of Latin America, as they envisage a great potential.

Key Players in the Market:

Major Key Players in the Latin America Sugar Toppings Market are

  • 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

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods   

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Type                        

                                5.1.1 Dry Sugar Toppings             

                                                5.1.1.1 Dried Icing Sugar

                                                5.1.1.2 Sprinkles

                                                5.1.1.3 Flavored Sugars

                                                5.1.1.4 Moisture Resistant Icing Sugar

                                5.1.2 Wet Sugar Toppings            

                                                5.1.2.1 Beverage Sauces

                                                5.1.2.2 Breakfast Syrups

                5.2 By Channel                 

                                5.2.1 Industrial 

                                5.2.2 Grocery    

                                5.3.3 Foodservice           

6. Geographical Analysis                                              

                                6.1 Introduction              

                                6.2 Brazil             

                                6.3 Mexico         

                                6.4 Rest of Latin America             

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 J.M. Smucker Company                         

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues            

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 The Hershey Company                          

                8.3 Pinnacle Foods, Inc.                

                8.4 The Kraft Heinz Company                     

                8.5 Baldwin Richardson Foods Company                               

                8.6 Monin Incorporated                               

                8.7 R. Torre & Company, Inc.                      

                8.8 Quaker Oats Company                          

                8.9 W.T. Lynch Foods Ltd.                            

                8.10 Regal Food Products Group Plc                        

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures   

                9.4 New Product Launches                          

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                

                a) List of Tables                

                b) List of Figures                              

 

  1. Latin America Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  2. Latin America Sugar Toppings Market By Type, From 2022 - 2027 (USD Billion)
  3. Latin America Dry Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  4. Latin America Dried Icing Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  5. Latin America Sprinkles Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  6. Latin America Flavored Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  7. Latin America Moisture Resistant Icing Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  8. Latin America Wet Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  9. Latin America Beverage Sauces Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  10. Latin America Breakfast Syrups Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  11. Latin America Sugar Toppings Market By Channel, From 2022 - 2027 (USD Billion)
  12. Latin America Industrial Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  13. Latin America Grocery Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  14. Latin America Foodservice Sugar Toppings Market By Region, From 2022 - 2027 (USD Billion)
  15. Brazil Sugar Toppings Market By Type, From 2022 - 2027 (USD Billion)
  16. Brazil Dry Sugar Toppings Market By Dry Sugar Toppings, From 2022 - 2027 (USD Billion)
  17. Brazil Wet Sugar Toppings Market By Wet Sugar Toppings, From 2022 - 2027 (USD Billion)
  18. Brazil Sugar Toppings Market By Channel, From 2022 - 2027 (USD Billion)
  19. Argentina Sugar Toppings Market By Type, From 2022 - 2027 (USD Billion)
  20. Argentina Dry Sugar Toppings Market By Dry Sugar Toppings, From 2022 - 2027 (USD Billion)
  21. Argentina Wet Sugar Toppings Market By Wet Sugar Toppings, From 2022 - 2027 (USD Billion)
  22. Argentina Sugar Toppings Market By Channel, From 2022 - 2027 (USD Billion)
  23. Mexico Sugar Toppings Market By Type, From 2022 - 2027 (USD Billion)
  24. Mexico Dry Sugar Toppings Market By Dry Sugar Toppings, From 2022 - 2027 (USD Billion)
  25. Mexico Wet Sugar Toppings Market By Wet Sugar Toppings, From 2022 - 2027 (USD Billion)
  26. Mexico Sugar Toppings Market By Channel, From 2022 - 2027 (USD Billion)

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