Marzipan Market

Global Marzipan Market Size (2024 To 2029)

The size of the global marzipan market is expected to be worth USD 1.31 billion in 2024 and grow at a CAGR of 2.56% from 2024 to 2029 to achieve USD 1.49 billion by 2029. Marzipan is receiving a lot of consumer attention as the popularity of take-out cake products, which are expected to grow rapidly in the near future, will grow.

The marzipan market is likely to show a stable outlook as demand for confectionery products continues to rise. The creamy almond-sugar mix is processed into a paste and used in the manufacture of various confectionery products, including cake toppings, candy, chocolate, cookies and schwain marzipan. Marzipan is a cookie that combines two main ingredients: almond powder and sugar or honey. It may contain almond extract or oil depending on your personal choice. Marzipan is often used to make candy, cut cookies, glaze, or roll them into thin sheets. Different regions use marzipan in different ways, which affects the marzipan market in that region. In certain places, dry plate pasta is used as a baking component. Marzipan is associated with festivals around the world. Its popularity will expand during the extensive use and forecast period of marzipan.

The global marzipan market is determined to perform well during the forecast period as consumer preference for multivariate confectionery products changes with increasing demand for organic, protein-rich pigments.

MARKET DRIVERS

Marzipan production is becoming more industrialized day by day.

Technological advances are driving production processes and increasing efficiency. It only takes two ingredients to make marzipan, but there is a long process ahead. Raw almonds should be processed naturally with hot water. Most incomplete almonds are removed using an electronic sorter. The remaining defective almonds are removed manually. The apparent popularity of this confectionery product is expected to accelerate the growth of the marzipan market in the coming years. Marzipan is rooted in European food culture but is hosted by a variety of cultures around the world, and the marzipan market continues to grow in space across the world. European countries accept marzipan as a traditional food at weddings and religious festivals, while Latin America is adopting sweet marjapanes like marzipan with peanuts instead of almonds. American culture is more familiar with miniature fruit shapes made from marzipan. With the widespread adoption and love of marzipan, the marzipan market is expected to grow at an impressive rate in the near future. As manufacturers in the confectionery industry continue to introduce traditional marzipan and traditional marzipan products, global demand for marzipan is expected to show a positive growth trajectory in the future. Each marzipan production plant has special recipes according to established rules.

Computer-controlled products are programmed so that the preparation process remains the same during the batch process. The marzipan mixture is,in general, crushed into granite rolls to deliver the correct texture. Rotary copper roasting boilers are used to heat the mixture and produce high quality marzipan plates. When the mixture cools, the mixture is cut into blocks, packaged, and stored at approximately 160 ° C. The marzipan block is in the refrigerator for a few hours and maintains its aroma before checking its quality. Finally, it is shipped to stores in various regions. The demand for marzipan worldwide is increasing. During the holiday season, marzipan sales volume has increased significantly, requiring manufacturers to increase production. Ease of access is also one of the factors that help the constant expansion of the marzipan market worldwide. Emerging countries have increased disposable income among residents, affecting people who buy marzipan products in stores. The availability of various marzipan products with natural flavors and colors is augmenting, and with the rise in cake business, demand for custom cakes, including wedding cakes, and innovative decorative cakes for special occasions, is increasing. Also, as the demand for gluten-free products on the market increases, the number of celiac patients increases as consumers become more health-conscious.

MARKET RESTRAINTS

The high price of dried fruits, including almonds, walnuts, and pistachios, is one of the limitations that can hinder the growth of the marzipan market worldwide. Other sweet alternatives to making marzipan at home and the DIY trend are factors that are expected to limit the progress of the marzipan market.

REPORT COVERAGE

REGIONAL ANALYSIS

North America leads the marzipan market due to the popularity of marzipan and its products. A large amount of disposable income also represents marzipan sales in the region. Demand for marzipan products is expected to increase during the outlook period. The European marzipan market follows North America in terms of demand due to the widespread use of marzipan on raw paper. In Europe, marzipan is a traditional, fixed and colored dessert, grilled and shaped like flowers and small animals. In most countries of the world, marzipan is mainly used to make Easter eggs, Christmas cakes, and sweets. Marzipan markets in Latin America, the Middle East and Africa are also supposed to expand in the near future. There is a great variety in terms of demand versus supply.

KEY PLAYERS IN THE GLOBAL MARZIPAN MARKET

Major Key Players in the global marzipan Market are Moll Marzipan, Niederegger, Odense Marcipan, Atlanta Poland, Zentis, Erasmi & Carstens, Georg Lemke, JF Renshaw, Lübecker Marzipan Fabrik v. Minden & Bruhns, Marzipan Specialties, Productos Kelmy, Tehmag Foods and Others.                  

RECENT HAPPENINGS IN THE MARKET

• GoodMills GmbH has launched cereal-based marzipan in powder form that is used to produce baked goods. This cereal-based marzipan is a versatile product developed entirely from water or eggs. It is made from nut-free components to fit products for specific customers with nut allergies.
• J. G. Niederegger GmbH & Co. KG introduced a new marzipan product for men, the "Man Stuff". Marzipan is colored a bit with a bitter taste like whiskey and a little cashew in a vivid packaging like a toolbox.

DETAILED SEGMENTATION OF THE GLOBAL MARZIPAN MARKET INCLUDED IN THIS REPORT

This research report on the global marzipan market has been segmented and sub-segmented based on type, application, and region.

By Type

• Finished Product 
• Semi-Finished Product      

By Application

• Direct       
• Cakes       
• Chocolates             
• Sweets    
• Others    

By Region

• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East and Africa