Global Bakery Filling & Toppings Market Overview
Bakery Filling & Toppings Market Size was valued at USD 0.98 billion in 2018. The Bakery Filling & Toppings industry is projected to grow from USD 2.35 Billion in 2023 to USD 4.09 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.06% during the forecast period (2024 - 2032). The growth of the bread and confectionery businesses, as well as the shifting lifestyles of middle-class consumers, are the key market drivers accelerating market expansion.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Bakery Filling & Toppings Market Trends
- Exponentially expanding bread and confectionary sectors are driving the market growth.
Market CAGR for bakery filling and toppings is being driven by the exponentially expanding bread and confectionary sectors. Cake layers are separated by a thick substance called fillings. By contrast, toppings have traditionally been a layer of food put over the basis of another kind of cuisine. To achieve the appropriate texture, taste, and tastes, the fillings and toppings are crucial components. Application areas for it include beverages and confectionery goods. Food goods will gain value when they are decorated with dairy, sweets, and confectionary items using tops and fillings.
Additionally, it is anticipated that developing countries will witness rapid growth in the confectionary and bakery industries worldwide. Consumer eating preferences have changed as a result of adopting western diets, and this has significantly contributed to the expansion of toppings and fillings in the Asia Pacific region. In a mature sector that is nevertheless growing moderately, confectionery is capitalizing on premiumization. Consumers continue to crave more decadent foods on a daily basis despite growing concerns about sugar intake. Additionally, fillings are a crucial component of pastries and cake. They impart a distinct flavor to pastries and cakes and improve their sensory qualities. They're also utilized in viennoiseries, which include bread and puff pastries.
These areas' living standards and employment rates have altered due to the higher income, which has resulted in a shift in lifestyle that includes demanding work schedules. Regular meals have been replaced by fast food and convenience foods in eating patterns, which has given fillings and toppings a boost in these sectors. While new flavor and healthy ingredient innovations drive market growth in established economies, developing markets provide greater possibilities for market penetration. The components used to create toppings and fillings for baked goods, candies, and convenience food items must withstand rigorous health and safety inspections in compliance with both national and international regulations. The standards set by agencies for usage levels and classification deviate greatly from those of the appropriate authorized authorities in an attempt to simplify product innovations.
For instance, the National Confectioners Association (NCA), an American trade association for confectionery producers, reports that between March 2020 and August 2020, premium chocolate sales in supermarket channels increased by 21.4% when compared to the same period in 2019, Sales across the board for the chocolate category increased by 17.9%. Thus, result in driving the Bakery Filling & Toppings market revenue.
Bakery Filling & Toppings Market Segment Insights
Bakery Filling & Toppings Functionality Insights
The Bakery Filling & Toppings market segmentation, based on Functionality includes Glazing, Stabilizing, Viscosity, Flavour Enhancing, Texturizing. The glazing segment dominated the market. It improves the visual attractiveness of bread goods by giving them a glossy, appealing surface. It gives the baked goods' surface a protective covering in addition to enhancing their aesthetic appeal.
Bakery Filling & Toppings Type Insights
The Bakery Filling & Toppings market segmentation, based on Type, includes Syrups, Pastes and Variegates, Creams, Fruit and Nuts, Sprinkles. The fruit and nuts category generated the most income. Dried or processed fruits and nuts are the most common forms utilized as toppings or inclusions. The market for fruits and nuts is anticipated to develop at the quickest rate during the projected period due to the rising demand for plant-based products.
Bakery Filling & Toppings Flavour Insights
The Bakery Filling & Toppings market segmentation, based on Flavour includes Fruit, Chocolate, Vanilla, Nut, Caramel, Other Flavours. The vanilla segment dominated the market. The demand for the vanilla flavor sector is expected to rise during the projected period due to the availability of vanilla cream toppings for a variety of desserts and beverages.
Bakery Filling & Toppings Raw Material Insights
The Bakery Filling & Toppings market segmentation, based on Raw Material, includes Sweetener, Fruit, Cocoa, Dairy Ingredients, Texturizers, Others. The cocoa category generated the most income. Most cocoa is used as a raw ingredient to make bittersweet or semi-sweet chocolate. The two main sectors that use cocoa for applications are baking and confectionery. There are numerous other uses for cocoa, such as in cereals, dry mixes, ice cream, sweets, drinks, and dairy products.
Bakery Filling & Toppings Form Insights
The Bakery Filling & Toppings market segmentation, based on Form includes Solid, Liquid, Gel, and Foam. The liquid segment dominated the market. The market for the liquid form sector is being driven by an increase in the demand for a wider variety of foods with handcrafted fillings in the confectionery industry.
Figure 1: Bakery Filling & Toppings Market, by Form, 2023&2032 (USD Billion)
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Bakery Filling & Toppings Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Bakery Filling & Toppings market area will dominate this market; This region's growing need for creative baking and confectionery goods is what drives the choice of toppings and fillings. Furthermore, the increasing spending power and fast urbanization of the population in this region would probably present growth chances for the need for toppings and fillings.
Further, the major countries studied in the market report are The US, German, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.
Figure 2: BAKERY FILLING & TOPPINGS MARKET SHARE BY REGION 2023 (USD Billion)
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Europe Bakery Filling & Toppings market has the second-largest portion of the market due to the region's significant output of confectionery and pastry goods as well as its growing consumption of products with toppings and fillings. Further, the German Bakery Filling & Toppings market maintained the most market share, and the UK Bakery Filling & Toppings market was the European market with the quickest rate of growth.
The Asia-Pacific Bakery Filling & Toppings Market is anticipated to expand between 2023 and 2032 at the quickest CAGR. This is because the region's demand for confections is growing and more people are adopting westernized eating habits. Moreover, China’s Bakery Filling & Toppings market maintained the most market share, and the Indian Bakery Filling & Toppings market was the Asia-Pacific region's fastest-growing market.
Bakery Filling & Toppings Key Market Players& Competitive Insights
Leading market players are making significant investments in R&D to grow their line of goods, which will fuel further market growth for Bakery Filling & Toppings. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, Bakery Filling & Toppings industry must provide reasonably priced goods.
One of the main business strategies employed by manufacturers is to manufacture locally in order to reduce operating expenses in the Bakery Filling & Toppings industry to help customers and expand the market segment. In recent years, the Bakery Filling & Toppings industry has provided the dessert sector with some of the biggest benefits. Major players in the Bakery Filling & Toppings market, including STRYKER CORPORATION, HILL ROM HOLDING INC. (WELCH ALLYN, STERIS PLC, MIZUHO OSI, MEDTRONIC PLC, DRÄGER SAFETY AG & CO. KGAA, KARL STORZ GMBH & CO.., and others, are making investments in R&D activities in an effort to raise market demand.
Tate & Lyle PLC is a multinational provider of food and drink items to the industrial and food industries. Its initial industry was the refining of sugar, but starting in the 1970s, company started to diversify, and in 2010 it sold off its sugar division. It specializes in creating components for food and drink that enhance flavor, texture, and nutritional value from raw materials like corn and tapioca. Included in the FTSE 250 Index, it is traded on the London Stock Exchange. In May 2022, It was revealed that Tate & Lyle has purchased Nutriati, an ingredient technology business that creates and manufactures flour and chickpea protein.
Cargill, Inc. is a multinational food conglomerate with its headquarters situated in Minnetonka, Minnesota. When it comes to revenue, this 1865-founded business is the biggest privately held in the country. Raising cattle and producing feed, trading in energy, steel, and transportation, distributing grain and other agricultural commodities like palm oil, and manufacturing food ingredients like starch and glucose syrup, vegetable oils, and fats for use in ultra-processed foods and industrial applications are some of Cargill's principal operations. Additionally, Cargill controls financial risks in the commodity markets for the corporation through its sizable financial services division. In 2022, Cargill declared that, in spite of the continuing Russo-Ukrainian War, it would be permitted to sell grain grown in Ukraine.
Key Companies in the Bakery Filling & Toppings market include
- ADM
- AAK AB
- Barry Callebaut
- Tate & Lyle
- AGRANA Beteiligungs-AG
- Cargill, Incorporated.
- AVEBE
- ZENTIS GMBH & CO. KG
- AGRANA Beteiligungs-AG
- Tereos
- Rice & Company Inc.
- PURATOS
- Stewart Ingredient Systems Inc.
- Dawn Food Products, Inc.
- Lawrence Foods, Inc.
- Delta Nutritives
- Highlander Partners
- Ashland, Bake’n Joy Foods, Inc.
- Associated British Foods plc,
Bakery Filling & Toppings Industry Developments
For Instance, April 2022 Barry Callebaut increased its footprint in North America by constructing a new, 50,000-ton specialty chocolate facility in Ontario. Along with producing high-protein and other niche products that mirror consumer trends, its primary concentration will be on sugar-free chocolate.
For Instance, August 2021 Bake'n Joy Foods, Inc. The announcement was made by Bake'n Joy to acquire LandM Baking, broadening the company's reach in terms of item category and distribution.
For Instance, November 2021 Cargill (US) has invested $35 million to develop its production plant in Port Klang, Malaysia, for speciality fats used in confectionary, as part of the growth of its Asian manufacturing operations. The goal of the expansion is to greatly increase the whole product offering.
Bakery Filling & Toppings Market Segmentation
Bakery Filling & Toppings Functionality Outlook
- Glazing
- Stabilizing
- Viscosity
- Flavour Enhancing
- Texturizing
Bakery Filling & Toppings Type Outlook
- Syrups
- Pastes and Variegates
- Creams
- Fruit and Nuts
- Sprinkles
Bakery Filling & Toppings Flavour Outlook
- Fruit
- Chocolate
- Vanilla
- Nut
- Caramel
- Other Flavours
Bakery Filling & Toppings Raw Material Outlook
- Sweetener
- Fruit
- Cocoa
- Dairy Ingredients
- Texturizers
- Others
Bakery Filling & Toppings Form Outlook
Bakery Filling & Toppings Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric |
Details |
Market Size 2018 |
USD 0.98 Billion |
Market Size 2023 |
USD 2.35 Billion |
Market Size 2032 |
USD 4.09 Billion |
Compound Annual Growth Rate (CAGR) |
7.06% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2019- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Functionality, Type, Flavour, Raw Material, Form, and Region |
Geographies Covered |
North America, Europe, AsiaPacific, and the Rest of the World |
Countries Covered |
The US, German, France, UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil |
Key Companies Profiled |
ย ADM, AAK AB, Barry Callebaut, Tate & Lyle, AGRANA Beteiligungs-AG, Cargill, Incorporated., AVEBE, ZENTIS GMBH & CO. KG, AGRANA Beteiligungs-AG, Tereos, I. Rice & Company Inc., |
Key Market Opportunities |
The potential for expansion of the baking and confectionary sector in developing nations |
Key Market Dynamics |
Bakeries and confections are expanding quickly. |
Bakery Filling Toppings Market Highlights:
Frequently Asked Questions (FAQ) :
In 2018, the market for bakery toppings and fillings was estimated to be worth USD 0.98 billion worldwide.
From 2024 to 2032, the market is expected to expand at a compound annual growth rate (CAGR) of 7.06%.
North America held the most market share worldwide.
The leading companies in the industry include AGRANA Beteiligungs-AG, Tereos, I. Rice & Company Inc., AVEBE, Cargill, Incorporated, ADM, AAK AB, Barry Callebaut, Tate & Lyle, and AGRANA Beteiligungs-AG.
In 2018, the market was dominated by the Fruit and Nuts category.
The largest market share worldwide belonged to the glazing industry.