Food decoration and inclusions have gained huge popularity in the food industry as consumers seek out more visually attractive and appealing the eye food products. They are basically used to enhance the visual appeal of food as well as the flavor and texture of food. Food decoration and inclusions are the perfect way to make the food item tasty and more attractive. They are available in a variety of types, such as edible glitter, sprinkles, candies, fruit pieces, nuts, and seeds.
These ingredients are majorly used in bakery products such as cakes, cupcakes, and cookies. They have also utilized confectionery products like chocolates, candies, and sweets. Other common uses of food decorations and inclusions can include beverages, snacks, and savory products. Thus, their extensive use in such food products is what fuels the expansion of the bakery and confectionary industry. The further sections of this blog explore the food decorations and inclusions market and its growing importance in the food industry.
Major Market Discoveries
- The global food decorations and inclusions market registered USD 7.85 Billion in 2022 and is anticipated to reach USD 14.70 billion at a CAGR of 6.5% during the forecast period.
- Escalating demand for these ingredients from the food service sector, expanding market for small bakeries and handcrafted cakes, increasing need for chocolate inclusions and decorations, and the significance of fruit- and nut-based decorations are prominent factors driving the market growth.
- The market is primarily segmented based on product and distribution channel
- By Product: It covers sub-segment, including chocolate decorations & inclusions, sugar decorations & inclusions, nuts, preserved/freeze dried fruits, sugar paste & icing, glazes, and others.
- By Distribution channel: The segment is categorized into B2B and B2C.
- Based on region, the market demand in Europe is predicted to account a significant growth.
Analyzing the Key Drivers and Influencers That Are Shaping the Market
The market for food decorations and inclusions is expected to grow during the projection period due to the rising demand for visually appealing and flavorful food products like cakes, pastries, confectionaries, and cookie items in a variety of products. The increasing trend of health consciousness among consumers has led shop owners and other distributors in this industry to make and provide food products that not only taste good but are also visually appealing.
Further, many individuals are sharing photos of their food creations on popular social media platforms like Instagram and Pinterest, which has led to a greater focus on the appearance of food products. Other key food decorations and inclusions market trends influencing its growth positively include increasing demand for convenience, rising demand for natural and healthy ingredients, growing trend of home cooking, and a surge in innovation in product development.
Recent Developments in The Industry:
- Denali Ingredients was purchased by Orkla Food Ingredients in April 2022. With this acquisition, Orkla will strengthen its position as a major ingredient supplier to the baking and confectionery sectors.
- In Feb 2022, the Supplant Company expanded its product line through a relationship with brand-name ingredients and created new products, including Chocolate Chips and Revamps Chocolate Bar, in advance of a retail launch.
Emerging Trends in the Market:
The is expected to continue to grow and evolve in the coming years owing to the factors such as sustainability, health and wellness, personalization, technological developments (3D printing), fusion flavors, and natural colors. Businesses that can stay ahead of these trends and provide cutting-edge, environmentally friendly products will be able to succeed in this amazing and dynamic sector.