Panning is an art of framing layers on candy-based centers in a very controlled way. Generally, it is carried out in a rotating pan called dragees pan. Sugar panning means the application of a thin coat of sucrose solution to every individual tumbling center followed by evaporation of moisture so that a thin layer of crystallized sugar is formed. Confectionery panning is a generic term for the continuous application of a fat-based coating to a prepared center. There are many fat-based coatings used in the manufacture of confectionery today. These include milk chocolate, dark chocolate, white chocolate, yogurt coatings, chocolate-flavored compound coatings and white coatings. The confectionery industry has been representing a multibillion dollar market for the past decade and is expected to reach new levels of growth within the next few years. Rising awareness about health benefits of consuming confectioner on a daily basis, will remain a key booster to the global confectionery panning product market over the next few years.
While developed countries represent established and thriving markets for confectionery, a shift in consumer taste preferences and rising spending on confectionery products are identified to be the major drivers of market growth, prominently in developing countries. Increasing urbanization and widespread availability of confectionery panned products will remain another key factor fueling the market for confectionery panning product globally. A few recent research findings indicate that chocolate panned confectionery consumption aids in looking younger as well as relieving stress, which is expected to further push the demand for confectionery panned product. A sweeping range of new applications of chocolate in food and confectionary products are anticipated to escalate the demand, whereas wide acceptance of chocolate-flavored milk, drinks, bakery products, ice creams, functional foods, and liquor chocolates will sustain the demand throughout the next four years.
The global Confectionery Panning Products market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Confectionery Panning Products market based on company, product type, end user and key regions.
This report studies the global market size of Confectionery Panning Products in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Confectionery Panning Products in these regions.
This research report categorizes the global Confectionery Panning Products market by top players/brands, region, type and end user. This report also studies the global Confectionery Panning Products market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by Product
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Confectionery Panning Products market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Confectionery Panning Products market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Confectionery Panning Products companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Confectionery Panning Products submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Confectionery Panning Products are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Confectionery Panning Products market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.