Confectionery Ingredients Market Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2023 Market Overview: Confectionery ingredients mainly include chocolate, cocoa, emulsifier, sweeteners. Each confectionery ingredient has a unique property. These ingredients are mixed in required quantity during the preparation of confectionery products such as candy, chocolates, sweets, chewing gum, and others. Manufacturers are exploring the applications of confectionery ingredients in their manufacturing process owing to the benefits they provide. In confectionery ingredients, chocolate is used as a flavoring agent- improves blood vessels and reduce the risk of heart related diseases. Moreover, sweeteners are used as a healthy additive instead of sugar, which is attracting diabetic patients and obese population towards products. Confectionery ingredients are used in a wide range of application such as sweets, candy, candy nuts, chocolates, and others. Escalating demand for sugar free products owing to growing health awareness among consumers is driving the growth of the sweeteners market. Sweeteners are low in calories and provide the same taste as sugar does. Moreover, rapid consumption of chocolates is driving the growth of chocolate market, which, in turn, is accelerating the growth of the confectionery ingredients market across the globe. Furthermore, huge investment in R&D is adding fuel to the growth of the confectionery ingredients market. However, confectionery manufacturers need to follow various regulations set by the Global Food Safety Initiatives (GFSI), which may impact new entrants in the market. Together, all these factors are projected to contribute to the estimated CAGR of 5.8% of the confectionery ingredients market during the forecast period 2017-2023. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4564
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