Market Trends of Confectionery Fillings Industry
This section covers the major market trends shaping the Confectionery Fillings Market according to our research experts:
Growing Demand for Flavoured Confectionery Filling Products
The consumer trend pertaining to better-for-you snacks gives candies, gums, chocolates, and snack bars made with functional ingredients an opportunity to scoop up their shares in the health and wellness product categories. Functional confectionery continues to grab the interest of both companies and consumers who are looking forward to newer and value-added products. Thus, companies operating in the market are adding healthy ingredients to their brands in an effort to differentiate themselves from the rest.
Confectionery companies are formulating products with chia seeds, pomegranates, and sea salt.Sea salt and super fruits have shown continued growth in the functional confectionery category, as candy makers use on-trend ingredients, like pomegranate, cranberry, and acai, in innovative ways. One of the most popular vehicles for functional ingredients is gum, which is being utilized for its appeal as a unique delivery system. Gums also improve the delivery of healthy ingredients. Mints and gums are also becoming popular sources for providing energy-based health benefits. Functional gum and mint products have focused on benefits, such as cavity prevention, mouth cleaning, and teeth whitening. The increasing innovation in the functional confectionery sector is leading to growth in the market.
Europe Holds the Major Share
An increase in the working population in Europe is changing the food trend of the consumers, which is increasing the demand for bakery and confectionery products which in turn increases the demand for confectionery filling. Rapid growth in the chocolate industry in the Europe region is a factor growing the confectionery filling market as well.
The country has a high preference for EU-produced chocolates, which was earlier relying on Ukraine. Germany is one of the largest suppliers of chocolate to Russia.On the other hand, snack bar consumption volumes in the Russian Federation have been rising, with increasing healthy eating in the natives. The Russian snack bar market has been driven by the huge demand for special offerings which are GMO-free, gluten-free, and devoid of artificial preservatives, dyes, flavors, and emulsifiers. For instance, Bite, which is a Russian domestic brand in fruit and nut bars, has been offering products that are completely natural, sugar-free, and enriched with protein, fiber, omega-3, and omega-6 fatty acids.
